Describe the term trend projection
Describe the term trend projection.
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Trend projection:
A graph demonstrating the actual movement of a series is constructed and the apparent trend of the data upon future is projected or extrapolated. It is based upon the assumption that which forces that contributed past will carry on having the same effect.
Who is the father of economics and what is wealth definition of economics?
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Illustrates the term Elasticity?
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States the term Demand Estimation.
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