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The following table lists your company's sales during the last four years.
Year 1
Year 2
Year 3
Year 4
Sales
100
110
105
120
a. A fellow manager points to the 15-unit increase between year 3 and year 4. Extrapolating this trend, he predicts 135 units will be sold in the coming year (year 5). Do you agree? Explain.
b. A second manager notes that annual sales increases have averaged (120 - 100)/3 = 6.67 units per year. Accordingly, his forecast for the coming year is 126.67 units sold. Do you agree with this prediction? Explain.
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An economist for the widget company estimated following short term production function. Compute the AP and MP mathematically and identify the three stages.
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new york citys banking communitynbspserved many of the functions of a centralnbspbanknbspduring large parts of the
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According to an article entitled "Concepts of Price elasticities of Transport Demand and Recent Empirical Estimates," Journal of Transport Economics, the estimates of the price elasticity of demand for selected modes of transportation is as fol..
Which liability rule induces the victim to take positive precaution? Which liability rule induces the injurer to take positive precaution? Under what circumstances should the law prescribe "no liability"? How about "strict liability"?
Identify two microeconomics and two macroeconomics principles or concepts from the simulation. Explain why you have categorized these principles or concepts as macroeconomic or microeconomic.
in costa rica only a few beaches remain that are nesting grounds for sea turtles. some of those beaches have
MPC for the proportional tax consumption schedule
Discuss the model or economic theory that relates to the issue presented in the news article and discuss what economic theory states and predicts about the issue presented in the news article.
Which of the following is not a characteristic of capitalism?
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