General Cereals is using a regression model to estimate the demand for Tweetie Sweeties, a whistle shaped, sugar-coated breakfast cereal for children Custom Essay

1. General Cereals is using a retirement design to consider the call-ce ce Tweetie Sweeties, a whistle shaped, sugar-coated breakfast cereal ce effect. The aftercited (multiplicative representativeial) call-ce capacity is nature used Qd=6.280P-2.15 A 1.05 N370 where QD = muchness call-fored, in 10 oz. boxes A=advertising expenditures on daytime television in dollars N =proportion of the population lower 12 years pristine a. detail the purpose value elasticity of call-ce ce Tweetie Sweeties b. Detail the advertising elasticity of call-ce c. What sense would you impart to the representative of N?

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