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Data composed on the yearly demand for 50-pound bags of fertilizer at Wallace Garden Supply are given in the following table. Develop a 3-year moving average to forecast sales. Then estimate demand again with a weighted moving average in which sales in the most previous year are given a weight of 2 and sales in the other 2 years are every given a weight of 1. Which method do you think is high quality?Year Scale Fertilizer Demand1 42 63 44 55 106 87 78 99 1210 1411 15
Describe what happens to the price and quantity supplied and how it reflects on a graph if the following happens: It becomes more costly to produce cell phones. More
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Consumer expenditure on durable goods such as cars & furniture, as well aspurchases of new houses, fall much more than expenditure on non-durable goodsand services during recession
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