demand forecasting techniqes
simultaneous method in demand forecasting?
Describe Spillovers and externalities?
The opportunity cost of making an exact alternative is: (i) useful primarily as an indicator of relative prices. (ii) its nominal costs into terms of all other goods. (iii) the information which guides your decision. (iv) measured through the subjecti
Normal resident: The persons or an institution who lives in a country and whose centre of interest lies in that country is termed as a normal resident of that country.
Explain the statement: “Generalization and abstraction are nearly synonymous.”?
What divergences arise between equilibrium and an efficient output when spillover costs? How might government correct this divergence?
To be productively efficient, a country should: (w) maximize the satisfaction attainable from its budget. (x) be concerned only with macroeconomic analysis. (y) concentrate on removing scarcity. (z) maximize the value of output produced through specif
How Reciprocal Trade Agreements Act had goal of reducing tariffs?
Discuss the economic aspects of ticket scalping also identifying the gainers and losers?
“An increase in the American dollar price of the South Korean won implies that the South Korean won has depreciated in value.” Explain.
The perfectly competitive market structure benefits consumers since: w) firms do not generate goods at the lowest possible price within the long run. x) firms are forced through competitive pressure to be as efficient as possible. y) firms add a much
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