Examlex

Solved

Sally Has Been Running the Following Number of Ads in the Local

question 102

Short Answer

Sally has been running the following number of ads in the local newspaper to help attract customers into her store. She has also been keeping track of customers who have come into the store as a result of the ads, as well as the amount of money they spend.
This is the data from the last 4 weeks:
 Number of ads  Increased sales 16330122701838014300\begin{array} { c c } \text { Number of ads } & \text { Increased sales } \\\hline 16 & 330 \\12 & 270 \\18 & 380 \\14 & 300 \\\hline\end{array}
-If Sally runs 15 ads, how much will sales increase?


Definitions:

Decreases

A reduction or decline in value, amount, or level.

Constant Dollar

A term used to describe a dollar value that has been adjusted for inflation to reflect purchasing power at a specific point in time.

Real GDP

Gross Domestic Product adjusted for inflation, measuring the value of all goods and services produced by an economy in real terms.

Intermediate Goods

Products that are used as inputs in the production of other goods or services, not sold directly to end consumers.

Related Questions