Explain the Opinion Survey method of Demand Forecasting
Explain the Opinion Survey method of Demand Forecasting.
Expert
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.
Economic capital doesn’t comprise a new: (i) luxury apartment building. (ii) bulldozer. (iii) bond issued by the U.S. Department of the Treasury. (iv) multi-tasking cell phone. (v) paper clip. I need a good a
Explain the welfare definition of economics? Why is it criticized?
Illustrates the term Dumping?
What are the important pricing strategies?
The graph for the supply of labor might be backward bending since: (w) the substitution effect surpasses the income effect at specific wages. (x) overtime workers receive pay for time and a half. (y) the substitution effect. (z) the income effect is m
Economic rent shows part of the payment for the utilization of: (w) landowners’ labor and capital to keep their land. (x) landowners’ buildings and equipment. (y) resources for that supplies are less than perfectly elastic. (z) any piece o
The social value of the extra output by additional units of labor is: (1) marginal revenue product of labor. (2) price of labor. (3) average revenue product of labor. (4) value of the marginal product of labor. (5) marginal resource cost of labor. Q : Advantages and Disadvantage of Naïve What are the advantages and disadvantage of naive method?
What are the advantages and disadvantage of naive method?
Define the term opportunity cost concept.
When the ratio of the price elasticity of demand of a taxed good associate to its price elasticity of supply increases, tax is: (w) revenue will fall when tax rates are raised. (x) hikes will cause buyer's total outla
18,76,764
1952589 Asked
3,689
Active Tutors
1445573
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!