Graphical methods - trend projection methods, Microeconomics

A trend line can be fitted through a series graphically. Old values of sales for different areas are plotted on a graph and a free hand curve is drawn passing through as many points as possible. The direction of this free hand curve shows the trend. The main draw bask of this methods is that it may show the trend but not measure it.

Posted Date: 3/30/2013 2:12:20 AM | Location : United States







Related Discussions:- Graphical methods - trend projection methods, Assignment Help, Ask Question on Graphical methods - trend projection methods, Get Answer, Expert's Help, Graphical methods - trend projection methods Discussions

Write discussion on Graphical methods - trend projection methods
Your posts are moderated
Related Questions
#question.contrast the long run equilibrium position of monopolistic competition firm and oligopoly.

What are externalities? Give an example of positive and negative externality and explain why the market outcomes are inefficient in the presence of externalities

Explain three major barriers to development experienced by developing countries. Well, the scope of possible answers here is, em, wide, to say the least. The issue is not to si

An Exception: OECD Economies It isn't inevitable that there be such divergence. United States--with its 14 to 25-fold increase in output per worker over the years since 1870-ha

What caused the productivity slowdown?  Observers have pointed to 4 factors--Oil prices, baby boom, increased problems of economic measurement and environmental protection expe

A film studio in Hollywood produces movies according to the function q = F(K;L) = (2=100)K^0.5L^0.5 In the short run, capital (studios, gear) is xed at a level of 100. It costs $

Suppose the price elasticity of demand for extra dark chocolate truffles is -6. Hold other things constant , if price for Extra Dark Chocolate truffles is decrease by 3%, what wil

how to make attractive assignment on theory of supply

Purpose: this case is intended to model supply chain, especially the reverse logistic behaviour. Description: In Cal Poly Pomona, TOM301 (Operations Management) is a core cou