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Using trend-adjusted exponential smoothing. Forecasts (Ft). Trend (ft). and Forecasts Including Trend (F/Tt) for months 1 through 6 have already been developed.
What value, if any, would you use for the cost of unsatisfied demand?
Evaluate the performance of the three forecasting methods using common measures of forecast error (e.g., MAD.)
Discuss the differences between economies of scale and economies of scope and how firms can benefit from each.
Using supply and demand and competitive analyses, explain what happens to a pharmaceutical company's revenues and profits from an individual drug
Discuss at least two pricing strategies you can use to increase your revenues and analyze them in terms of their ability to generate additional profits.
After the change, the manger's compensation was based on a percentage of sales.
Government instead simply provided students with grants to cover the current market tuition rate at the private school?
Explain the difference between a price floor and a price ceiling. Provide a situation in which a price ceiling may be used.
Using the module readings, the Argosy University online library resources, and the Internet, research Corporate Social Responsibility (CSR) at BP.
Explain the key behavioral, cultural, and environmental risk factors.
Plot the graph of real log GDP and nominal logGDP. What's difference between these two measurements of GDP?
Develop an essay discussing the fiscal and the monetary policies adopted and implemented by the federal during the Great Recession.
Select a product and discuss factors that affect its price, income, and cross elasticity of demand.
What is the theory of the second best? In what way is the theory of customs unions an example of the theory of the second best?
What is meant by trade diversion? What static welfare effects will a trade-diverting customs union have on member nations and on the rest of the world?
What is meant by trade creation? What static welfare effects will a trade-creating customs union have on member nations and on the rest of the world?
What is meant by economic integration? a preferential trade arrangement? a free trade area? a customs union? a common market? an economic union?
Illustrate the infant-industry argument for protection by drawing the long-run average cost curve of an efficient foreign firm facing constant returns.
Draw a straight-line demand curve for a commodity crossing both axes and its corresponding marginal revenue curve.
Calculate the rate of effective protection when t is 40 percent, ai is 0.5, and ti (the nominal tariff on the imported input) is 40 percent.
What is meant by the optimum tariff? What is its relationship to changes in the nation's terms of trade and volume of trade?
What is the effect of the tariff on the degree of specialization in production in a small nation? the volume of trade? the welfare of the nation?
What is the importance of the Trade Agreements Act of 1934? What are the ruling principles of GATT?
What are the other qualified arguments for protection? In what way must they be qualified?