Explain why issue of firm interdependence makes modelling

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Reference no: EM13800457

1. Explain why total revenue doesn't always increase when price is raised.

2. Explain why the issue of firm interdependence makes modelling firm behavior under oligopoly so difficult.

3. Why is so important to seasonally adjust data?

4. Why are there four different components to a time series analysis and why are they important?

Reference no: EM13800457

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