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[answered] Managers at Stripes convenience shops have completed a stud


Managers at Stripes convenience shops have completed a study of weekly demand for its ?authentic tacos? in its Texas stores and concluded that :

ln Q = 400 ? 100 ln P + .8 ln A + 55 ln POP + 800 ln Pc , where Q is the number of tacos sold per store per week, A is the level of local advertising expenditure (in dollars), POP denotes the local population (in thousands) and Pc is the average taco price of local competitors.

??????????? For a typical Stripes outlet, P = $1.50, A = $1,000, POP is 40 and Pc = $1.00.

  • Estimate the weekly taco sales for the typical Stripes stop? SHOW ALL CALCULATIONS FOR FULL CREDIT.

Hallo this work is detailed and requires a lot of time to work on it please post in advanced section or send to me as an advanced question and we will be able to assist you

 


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