State Extrapolation statistical Method of Demand Forecasting
States the Extrapolation statistical Method of Demand Forecasting?
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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.
State the laws of production.
Profit maximizing competitive firms will competitively hire supplied labor up to that point where VMP is: (w) is at its maximum. (x) equals the wage rate. (y) minus MRP is minimized. (z) minus W is at its maximum.
What are the important areas of decision making?
How is the Demand forecasting important?
Who is the father of economics and what is wealth definition of economics?
When labor was free, in that case this purely competitive firm as in illustrated graph would hire. (1) 600 workers. (2) 700 workers. (3) 800 workers. (4) 900 workers. (5) 1000 workers. Q : Managerial Economics according to Illustrates the managerial Economics according to Spencer and Siegleman?
Illustrates the managerial Economics according to Spencer and Siegleman?
demand has three essentials-damand+purchasing power+.???
Illustrates the term shot run production function?
Illustrates the environmental or external issues.
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