ECON 509-Problem Set 1


Having Trouble Meeting Your Deadline?

Get your assignment on ECON 509-Problem Set 1  completed on time. avoid delay and – ORDER NOW

Please review carefully the syllabus in order to complete and hand in this

assignment appropriately. I will not accept assignments that do not follow
my instructions. Graphs are essential when asked for – write them clearly
and label everything!
1. Suppose I manage the customer service/satisfaction department for my company. After
analyzing the data I have determined the relationship between the number of customer
service representatives (L) we have and the customer satisfaction rating (R), which is
provided below:
R = 50 + 6L – .6L2
a. (3 points) Graph this function. What is the intercept and slope of
this equation, and provide interpretations of both these within the
context of this problem.

b. (2 points) Does this functional form seem reasonable? Explain.
c. (3 points) What level of representatives (L) would maximize the
customer satisfaction rating (R)? What is the value of that maximum
rating? Show all your work and explain the economics behind the
2. (2 points) What is a relationship between two variables in your
professional or personal life that you would like to be able to
estimate? What are the two variables, how are they measured, and
do you believe the relationship is linear or non-linear (explain why)?
Lastly, what is your motivation for gathering this specific

Explanation & Answer

Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Order Now and we will direct you to our Order Page at Litessays. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.

Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.

Do you need an answer to this or any other questions?

Similar Posts