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The Miracle corporation had the ff. sales had the ff. sales during the past 10 yrs. (In thousands of dollars)
2003 200 2008 302
2004 215 2009 320
2005 237 2010 345
2006 260 2011 360
2007 278 2012 382
a) Calculate a trend line, and forecast sales for 2013. How confident are you on this forecast.
b) Use exponential smoothing factor w = 0.7. What is your 2013 forecast. How confident are you of this forecast
The second payment will be made twenty-seven months from today and will be twice the size of the first payment. The third payment will be 2.5 times the size of the first payment and will be made in 3.5 years. Determine the amounts Petra will pay u..
Evaluate both the advocates' position and the critics' position. Determine which position you support and defend your position. Cite a minimum of 3 peer-reviewed sources not including your textbook.
If a local movie theater sells tickets at different prices (senior citizens versus young people, matinee versus evening prices) is the local movie theater a monopoly? What about the concession stand inside the theater?
If prior to the tax, coal account for 1/3 of expenditures on energy and oil accounts for 2/3 of energy expenditures, calculate the changes in the overall price and consumption of energy. What is the elasticity of demand for energy implied by these..
Mr. Capon is a butcher who recently increased price of steak at his market from $1:50 pound to $2 a pound. Correspondingly his sales dropped from 200 pounds a day to 100 pounds a day.
(b) The game also has a mixed strategy Nash equilibrium. Find the equilibrium probability that each country will act tough as a function of k. (c) Does the equilibrium probability that a country will act tough rise, fall, or remain constant as k ri..
An individual makes five annual deposits of $2,000 in a savings account that pays interest at a rate of 4% per year. One year after making the last deposit, the interest rate changes to 6% per year. Five years after the last deposit, How much money i..
What are the two characteristics that must be met for a good to be considered a "public good?" Define the Consumer surplus, Producer surplus, Total welfare and Deadweight loss.
Explain how applying the Huntington-Hill apportionment method helps to avoid an Alabama Paradox.
What were the arguments by the rational expectation monetarists on the Philip's curve?
Suppose you are a monopolist in the market for a specific video game. Your demand curve is given by P=80-Q/2, and your marginal cost curve is MC=Q. Your fixed cost is $400.
The investment in the field of housing as a percentage to total investment during Sevent Plan was
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