Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question:
i) Briefly explain the importance of forecasting for managers?
ii) To what extent will managers rely on surveys in business forecasting?
iii) What do you meant the quantitative methods of forecasting?
iv) Consider John Corporation is a personal computer retailer. The company hires an economist to determine the demand for its product and reports the following equation:
Qa = 100 - 2Pa + Pb + 0.5Y
where Qa is the demand for the company's product, Pa is the price charged by the company, Pb is the price of computers from another company and Y is the income per capita.
a. Evaluate whether demand is elastic or not.
b. Evaluate the cross elasticity of demand. Are the products substitutes or complements. Describe
c. Evaluate the income elasticity of demand. Interpret your result.
Pa = 10 Pb = 2 Y = 50
what is third degree discrimination
what are the Sources of public debt
Why do the managers in marris model maximise their satisfaction by choosing a higher growth rate and a lower valuation ratio when compared to the profit maximisation
Explain the short-run production function with one variable input with the help of assumed figures. Clearly indicate the three stages of physical product, using table and graphs.
For all regular goods, income elasticity is positive though the degree of elasticity fluctuates as per the nature of commodities. Consumer goods are generally categorised under thr
Singapore Airlines is facing the possibility of a new competitor " Qantas " to enter the Singaporean market, especially in premium market, Singapore Airlines is dominant on the ma
monopolistic competition
When given two demand functions to calculate elasticity of demand do you use point elasticity or arc elasticity of demand formula
Average Propensity to Consume The average Propensity to Consume [APC] is defined as the fraction of aggregate national income which is devoted to consumption. If consumptio
Average Propensity to save The Average Propensity to Save [APS] is defined as the fraction of aggregate national income which is devoted to savings. Thus if S denotes savin
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd