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Q. Business and Economic Forecasting" Please respond to the following:
•From the e-Activity, develop a regression equation using the data you collected from your research. Use the regression equation to focus the demand for the product you chose for the next three periods. Assess what the results of the regression equation tells managers and how it is likely to impact decisions made related to maximizing profitability.
•Imagine you are a manager for the good or service used above. From the results of the regression equation, suggest strategies to either maintain demand (if an increase over three periods occurs) or improve demand (if a decrease over three periods occurs). Provide support for your recommendations.
Now assume that once he earns $400 he loses all his food stamp assistance. How does this change his budget constraint.
Choose a product or service. How does price elasticity of demand for this product or service affect how it is priced? How does the availability of substitutes for this product or service affect price elasticity of demand? What is the difference betw..
submit data findings that include economic factors within that area that may influence your decision, or factors that have prohibited an area to be chosen.
If you expect to retire in 30 years, are currently comfortable living on $50,000 per year and expect inflation to average 3% over the next 30 years, what amount of annual income will you need to live at the same comfort level in 30 years?
q1. you have the following information for your productbull the price elasticity of demand is -0.9.bull the income
What could firm A do to make its threat credible without building excess capacity? Will firm A use the low price as a threat if firm B enters?
Illustrate what are influence of following changes in policies on private saving and national saving. New policy: Increase in government purchases by $100 and taxes by $80. (MPC=0.7) Estimate amount of changes.
Write out the payoff matrix for this game, and then find its Nash equilibrium.
Illustrate who benefits more from a transaction of the good or service, the buyer or the seller. Generally speaking, why do people enter into trade.
question 1 nbspexplain each of the following using supply and demand diagrams.awhen a cyclone hits queensland the price
If congress decides to reduce the tax paid per pack paid by sellers of cigarettes other things being equal the cost of cigarettes will fall.
Find out the optimal crude oil allocation in the preceding example if the profit associated with fiber were cut in half, that is, fell to $.375 per square foot.
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