short answer Suppose Dell is currently selling 250 000 Inspiron...
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Suppose Dell is currently selling 250 000 Inspiron laptops per month. A manager at Dell argues: The last 10 000 laptops we produced increased our revenue by $8.5 million and our costs by $8.9 million. However, because we are making a substantial total profit of $25 million from producing 250 000 laptops, I think we are producing the optimal number of laptops.' Briefly explain whether you agree with the manager's reasoning. The following table gives the relationship between the price of pies and the number of pies Bruce buys per week. QUANTITY PRICE OF PIES WEEK 2 July 9 July 16 July $3.00 2.00 5.00 6.00 1.00 4.00 23 July 30 July 6 August a. Is the relationship between the price of pies and the number of pies Bruce buys a positive relationship or a negative relationship? b Plot the data from the table on a graph similar to the one in Figure 1A.3. Draw a straight line that best fits the points, and calculate the slope of the line
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