Explain the Opinion Survey method of Demand Forecasting
Explain the Opinion Survey method of Demand Forecasting.
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This method is also termed as Collective opinion method or Sales Force Composite method. In this method, the company asks its salesmen for future sales to submit estimate in their respective territories. Given method is more useful and suitable since the salesmen are more knowledgeable regarding their territory.
The costs of investing within human capital are probably to be borne by the employee when human capital a worker obtains “on the job” is: (1) general. (2) marginal. (3) precise. (4) generic. (5) specific. Q : Trent projection statistical method of Explain the Trent projection statistical method of Demand Forecasting.
Explain the Trent projection statistical method of Demand Forecasting.
If the wage rate increases from $25 per hour to $40 per hour, in that case the elasticity of the supply of labor from this worker is roughly: (i) zero. (ii) 7/15. (iii) 13/15. (iv) one. (v) minus 13/15. Q : Wealth definition of economics Who is Who is the father of economics and what is wealth definition of economics?
Who is the father of economics and what is wealth definition of economics?
States the Extension and Contraction of Demand.
Illustrates the ways in managerial economics bridges between real business practices and traditional economic theory?
For wage rates in between $18 and $21, there the elasticity of Morgan’s supply of labor is: (w) 0.72. (x) one. (y) 1.08. (z) 1.44. Q : Functions and responsibilities of States the functions and responsibilities of managerial economist?
States the functions and responsibilities of managerial economist?
Within a graph along with output on the horizontal axis and whole revenue on the vertical axis, determine the shape of the total revenue curve for a perfectly competitive seller: w) U-shaped. x) inverted U-shaped. y) a horizontal line
The most valuable human capital onto the given list would be possessed through a person who: (w) inherited a great deal of money. (x) invested large sums on the stock market. (y) had an advanced degree in music education. (z) specialized like a medica
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