demand forecasting
consumer's interview method for demand forecasting(point to point explain)
When the market price is $25, then the average revenue of selling five units is: w) $5. x) $12.50. y) $25. z) $125. Please guys help me to solve out this type of problem regarding profit in a perfectly competitive market
Illustrate major economic flows that link U.S. with nations. Provide an example to illustrate each flow. Explain the relationship between the top and bottom flows.
Why is it significant that economics is not a laboratory science? What problems may be evolved in deriving and applying economic principles?
Describe World Trade Organization (WTO)?
Difference between normal goods and inferior goods. Give illustration.
What 2 points are required to emphasis foreign exchange market?
Define cyclical fluctuations?
Why Public or social goods not be produced through the market?
Explain the slope of a straight line is the ratio of the vertical change to horizontal change between any two points on the line?
How is a shift in demand reflected in a demand equation? How is a shift in supply reflected in a supply equation? How is a movement along a demand (supply) curve reflected in a demand (supply) equation?
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