Korey’s comic book store has been up and running for 4 years. korey feels that his store has been successful and is considering moving to a larger property to allow for greater inventory and customer opportunities in his business. he would like investors to cover the cost of his expansion. the profits of korey’s comic book store for its first four years are outlined below. according to this information, what would be the best estimate for korey to quote as expected profits in the next year in his new business plan? year net profits 1 $14,250.00 2 $15,390.00 3 $16,621.20 4 $17,950.90 5 a. $20,550.19 b. $19,090.90 c. $19,280.60 d. $19,386.97 select the best answer from the choices provided a b c d

Total marketing effort is a term used to describe the critical decision factors that affect demand: price, advertising, distribution, and product quality. define the variable x to represent total marketing effort. a typical model that is used to predict demand as a function of total marketing effort is based on the power function: d = axb suppose that a is a positive number. different model forms result from varying the constant b. sketch the graphs of this model for b = 0, b = 1, 0< b< 1, b< 0, and b> 1. (we encourage you to use excel to do this.) what does each model tell you about the relationship between demand and marketing effort? what assumptions are implied? are they reasonable? how would you go about selecting the appropriate model?