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What is the advantage and disadvantage of forecasting sales using a three-month centered moving average?
A company expects to achieve cost savings of $4,500 the first year and amounts increasing by $800 each year for the next 5 years. At an interest rate of 10% per year, what is the total present worth of the savings?
What is the difference between customer satisfaction and customer loyalty? Why is it important to distinguish between these two concepts?
lisa has a linear budget constraint and typical convex indifference curves associated with food and "all other goods." suppose that lisa is given $50 worth of food stamps, which can only be used for food, Draw lisa's budget constraints, with an witho..
This figure shows the market for computer monitors in the United States. In this market, a quota is in place that strictly limits the number of computer monitors that may be imported by foreign producers. As shown in the graph, the quota is equal to ..
Economists who support minimum-wage legislation are likely to believe that the. Which of the following statements illustrates diminishing marginal utility? Adverse selection--buyers of life insurance will likely have higher than the average death rat..
Your company is considering the purchase of some CADD equipment. The initial cost of the equipment will be $152,000 and it will have a six year useful economic life. It is estimated that this equipment will save your company $53,000 per year, with a ..
Which of the following statements about price discrimination is TRUE?
If the demand curve is QD = 100 - 10P and there is a $1 price increase, then the elasticity of demand at P = 2 is 2. If the absolute value of a demand elasticity is less than 1, then
Why is it important to cite your sources in written works? What are the benefits of following a formal citation style like APA?
Market equilibrium is thought to be efficient because the amount of social surplus or total surplus is maximized. Explain using economic terminology why pollution (negative externality) AND education (positive externality) leads to market failure...
Lightweight personal locator beacons are now available to hikers that make it easier for the Forest Service's rescue teams to locate those lost or in trouble in the wilderness. How will this affect the costs that the Forest Service incurs?
For EU membership what is meant by nominal convergence? What is meant by fiscal convergence?
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