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Homework answers / question archive / 1)Taylor Swift's success in getting Apple to pay artists royalties on Apple Music is an example of: 0 O A
1)Taylor Swift's success in getting Apple to pay artists royalties on Apple Music is an example of: 0 O A. Bargaining power of suppliers OB. Threat of subsitutes O C Threat of new entrants O D. Intensity of competitive rivalry
2) You are the chief economic advisor to a small Caribbean country with an aggregate per capita production function of y = 3%. The savings rate is 6%, and the rate of depreciation is 10%. Population grows at a rate of 4%. There is no technological progress.
d. (3) If k-4, write down the equations for and find the numerical values of: (i) investment per worker; (11) break-even investment per worker; (iii) output per worker; and (iv) consumption per worker. Identify each of these on your graph (draw a new graph if necessary to see clearly).
3) Use the data below to calculate the coefficient of correlation between x and y. x Y 25 24 19 23 23 46 52 47 42 65 67 74 84 85 77 98 Round your answer to four decimal places.
1)Taylor Swift's success in getting Apple to pay artists royalties on Apple Music is an example of
A. Bargaining power of Suppliers
This is an example of strong bargaining power of suppliers over its customers. In this case, Apple was launching new music service for three-months free trial which was objected by Taylor Swift. Though, Apple needed Taylor Swift's music for it credibility of the service, she succeeded in her motive. The demonstration of Bargaining power of suppliers.
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3)
Answer: 0.9084
| x | y | x-xbar | y-ybar | (x-xbar)2 | (y-ybar)2 | (x-xbar)(y-ybar) |
| 25 | 24 | -23.625 | -33.75 | 558.1406 | 1139.063 | 797.3438 |
| 19 | 23 | -29.625 | -34.75 | 877.6406 | 1207.563 | 1029.469 |
| 23 | 46 | -25.625 | -11.75 | 656.6406 | 138.0625 | 301.0938 |
| 52 | 47 | 3.375 | -10.75 | 11.39063 | 115.5625 | -36.2813 |
| 42 | 65 | -6.625 | 7.25 | 43.89063 | 52.5625 | -48.0313 |
| 67 | 74 | 18.375 | 16.25 | 337.6406 | 264.0625 | 298.5938 |
| 84 | 85 | 35.375 | 27.25 | 1251.391 | 742.5625 | 963.9688 |
| 77 | 98 | 28.375 | 40.25 | 805.1406 | 1620.063 | 1142.094 |
| 389 | 462 | 0 | 0 | 4541.875 | 5279.5 | 4448.25 |
| 48.625 | 57.75 | 0 | 0 | 567.7344 | 659.9375 | 556.0313 |
r = ∑((X - Xbar)(Y - ybar)) / √((SSx)(SSy))
r = 4448.25 / √((4541.875)(5279.5)) = 0.9084
