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July 29, 2014

Homework Help: managerial economics

Posted by joy on Monday, November 23, 2009 at 2:27pm.

I have no idea what e=a+bn
E is the total earnings of the motion picture industry measured in dollars per year and N is the number of tickes sold in December.
First question:
How well do movie ticket sales in December explain the level of earnings for the entire year? Also, sales of movie tickets in December are expected to be approximately $950000.00. What do i expect earnings for the year to be?

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