Geal The gal of is etudy youlle Madal Madelinglv prelar bih Ywilling varible- been done for yo You will h completa the la ree ep- ef enal ling The f d sp-daing the prblenmkiag npti, dulalng artina.. You shedd t e p don wieh h A dagram nd ha Defing he Prete A atenal shala of ster selling a jaket The filwing prledemdd prieply tahles w ed bed o thebu of jahe, peple willng ey d the l willing il h me Jackets priee demand priceupply 1000 2000 73 26 000 34 4000 14 30 S000 41 Yde Makng Ammp You cn tagie model cn e d e dl b de prdnd and priey Delalag Varta The variaean will d te prle nd quty aber of jacht d y pries Y er e pieddo preply Repart la mplating the theee pe in micalmodeling-t , lyd repertg e od dude e lng nd m L Agi odel y ) of de 2 Onpha d d ing XC.

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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Jacketa Mini-Case Study
Geal: The poal of this case study is fr you we sble to Madematieal Modelingto lv prioular buine huon You will be aing
variable-a been done for you You will hm completa the last dree stepe-agutanabsaad.rti.ahs You
sefmthenal medling The f du stp-defning he problen, makig npio, defiing
t one pages thi doeunm whih can lchude te, diagmnd a
Dealag he Problem
A stional chala of store is selling a jacket The falloving priee-demdd price-pply tables was ted based on he er of jachen, a, hat ponple willing eby nd e la wilingwl en mo
Jackets
price-demand price-supply
1000
$1
2000
73
26
3000
34
4000
56
30
soo0
53
41
Makng Ammpt You
lepritnde model can be od emodel bo de pricedemandand pricety v You cn o m d yu wl dhoo the peles nd qulity lihtn
mber of jacket
Deaing Varlad The variable
tr price
asiher be pricedemd or prieply
Repart
la completing the lat theee mepa in muhemwieal modeling -pentgeluten, alys ad reportag t- you shold inclade the fallowing nd me
1 A logarithe odel y ) ar of he price-demnd and priepply av
2 Gepha nd d ing EXCEL.
3. An imte of the euieum pelend pduction level
Transcribed Image Text:Jacketa Mini-Case Study Geal: The poal of this case study is fr you we sble to Madematieal Modelingto lv prioular buine huon You will be aing variable-a been done for you You will hm completa the last dree stepe-agutanabsaad.rti.ahs You sefmthenal medling The f du stp-defning he problen, makig npio, defiing t one pages thi doeunm whih can lchude te, diagmnd a Dealag he Problem A stional chala of store is selling a jacket The falloving priee-demdd price-pply tables was ted based on he er of jachen, a, hat ponple willing eby nd e la wilingwl en mo Jackets price-demand price-supply 1000 $1 2000 73 26 3000 34 4000 56 30 soo0 53 41 Makng Ammpt You lepritnde model can be od emodel bo de pricedemandand pricety v You cn o m d yu wl dhoo the peles nd qulity lihtn mber of jacket Deaing Varlad The variable tr price asiher be pricedemd or prieply Repart la completing the lat theee mepa in muhemwieal modeling -pentgeluten, alys ad reportag t- you shold inclade the fallowing nd me 1 A logarithe odel y ) ar of he price-demnd and priepply av 2 Gepha nd d ing EXCEL. 3. An imte of the euieum pelend pduction level
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