--%>
Assignment Help - homework help

State Extrapolation statistical Method of Demand Forecasting

States the Extrapolation statistical Method of Demand Forecasting?

E

Expert

Verified

Extrapolation: During this method the future demand can be extrapolated through applying binomial expansion method. It is based on the assumption which the rate of change in demand into the past has been uniform.

   Related Questions in Managerial Economics

  • Q : Illustration of specific training The

    The knowledge gained while an Apple employee learns a specialized technique on an iPod assembly line is an illustration of: (w) comparative technological advantage. (x) specific training. (y) on-the-job leveraging. (z) general training.

    Q : Household Assets and the Supply of Labor

    The most valuable assets of many households are the household’s: (1) money and jewelry. (2) homes and real estate. (3) human capital and labor. (4) stocks and bonds. (5) bank accounts. How can I solve my Economics

  • Q : Define naive method and its techniques

    Define naive method and its techniques briefly.

    		•
  • Q : Real business practices and traditional

    Illustrates the ways in managerial economics bridges between real business practices and traditional economic theory?

    		•
  • Q : Earning difference in average wages In

    In 2007 year, relative to men along with comparable education and experience, working women earned average wages which were roughly: (w) 25%-35% of the average wages for men.. (x) 70%-80% of the average wages for men. (y) 80%-90% of the average wages

    		•
  • Q : Process of Signaling Job applicants

    Job applicants make use of polished resumes explaining education, work experience and skills, accompanied from supportive letters of recommendation letters like tools in a process economist’s call: (1) adverse selection. (2) signaling. (3) human

    		•
  • Q : Very high fixed costs in contestable

    A market is improbable to be contestable when entry needs new firms to incur very high: (w) variable costs. (x) fixed costs. (y) principal-agent problems. (z) marginal costs. I need a good answer on the topic of Economics <

    		•
  • Q : Explain the accounting cost concept in

    Explain the accounting cost concept in brief.

    		•
  • Q : The Income Effect by Supply of Labor

    Along a supply curve for an individual’s labor, there the income effect tends to rise the: (1) supply of work as wages reduce the number of people a firm will hire. (2) demand for leisure as the wage rate and income raise. (3) l

    		•
  • Q : Explain the meaning of business cost

    Explain the meaning of business cost.

    		•