Hi,
I was wondering if you could confirm whether my assumptions were reasonable. I was surprised that the first two were not mentioned in the answer guide as they could effectively be reformulated from the original pizza assumptions to apply to the sides -
·The model provided for the relationship between sides and GDP is suitable to model the demand for sides over the next ten years
The costs and selling prices of the sides are suitable for the nexxt ten years and no allowance for inflation needed.
Introducing sides does not affect the number of pizzas sold
I was wondering if you could confirm whether my assumptions were reasonable. I was surprised that the first two were not mentioned in the answer guide as they could effectively be reformulated from the original pizza assumptions to apply to the sides -
·The model provided for the relationship between sides and GDP is suitable to model the demand for sides over the next ten years
The costs and selling prices of the sides are suitable for the nexxt ten years and no allowance for inflation needed.
Introducing sides does not affect the number of pizzas sold