demand forecasting
consumer's interview method for demand forecasting(point to point explain)
For the question below, utilize the given information. The market for gizmos is competitive, with an increasing sloping supply curve and a downward sloping demand curve. With no govt. intervention, the equilibrium price is $25 and the equilibrium quantity is 10,000 gi
Why is the problem of unemployment a part of the subject matter of economics?
Illustrate the characteristics of the Market System?
Explain producers in an industry are receiving pure or economic profits?
An individual seller within perfect competition will not sell at a price lower than the market price since: w) demand for the product will exceed supply. x) the seller would begin a price war. y) the seller can sell any quantity she desires at the prevailing mar
Explain about Market Structures briefly.
Specify and explain the shapes of the marginal-benefit and marginal-cost curves and use these curves to determine the optimal allocation of resources to a particular product. If current output is such that marginal cost exceeds marginal benefit, should more or l
Over the long-run the speculators activities are tend to: (1) decrease the volatility of prices. (2) attract legal attention and result in imprisonment. (3) increase the level and volatility of prices both. (4) yield tremendous profits and raise costs
Studies indicate that married men on average earn more income than unmarried men of the same age?
“Prices are the automatic regulator that tends to keep production and consumption in line with each other.” Explain.
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