1. Maria Alvarez recently expanded her chain of flower shops. As the only small flower shop...
Mrunal opened the first flower shop in her town. For a while, she was the only provider of flowers, until people noticed how profitable her business had been. Now several new flower shops have opened. What might happen to Mrunal's business in the long run?
Kerri Tran, owner of Flower Hour, operates a local chain of floral shops. Each shop has its own delivery van. Instead of charging a flat delivery fee, Tran wants to set the delivery fee based on the distance driven to deliver the flowers. Tran wants to separate the fixed and variable portions of her van operating costs so that she has a better idea how delivery distance affects these costs. Flower Hour does a regression analysis on the next year's...
THANK YOU! please answer, If you know any part of this please help! anything helps! Kristen Chen owner of Flower Paradise, operates a local chain of floral shops. Each shop has its own delivery van. Instead of charging a flat delivery fee, Chen wants to set the delivery fee based on the distance driven to deliver the flowers. Chen wants to separate the fixed and variable portions of her van operating costs so that she has a better idea how...