forecasting demand
what are the criteria for good forecasting
demand has three essentials-damand+purchasing power+.???
What is Increasing Returns to scale?
A firm’s demand for labor tends to be additional wage-elastic while: (1) the price elasticity of demand for output is greater. (2) substituting capital for labor is harder. (3) unskilled workers join unions. (4) labor costs are
Illustrates the Regression and Correlation statistical method of Demand Forecasting?
During a competitive resource market, every firm confronts a resource supply curve which is: (w) upwardly sloped. (x) backward bending. (y) perfectly inelastic. (z) perfectly elastic. I need a good
what is that policy that talks about not changing the policy frequently?
When a firm is a price taker in the sale of its product, in that case labor’s: (w) ARP (Average Revenue Product) = MRP. (x) ARP = VMP. (y) VMP > MRP. (z) VMP = MRP. Can someone explain/help me with best so
Explain the meaning of Elasticity?
Define naive method and its techniques briefly.
Explain the role of demand factor in pricing briefly.
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