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Moving Average Methods: Under this methods the moving average to the sales of the past years is computed. The computed moving average is taken as forecast for the next year or period. This is based on the assumption that future sales are the average of the past sales. The moving average is the process of computing average of leaving the oldest observation and including the next one.
if a bank has $6000 in checkable deposits and the required reserve ratio is 0.2 then the bank can lend how much money?
what are criteria and conditions for pareto optimacy
INFO: Suppose that a firm is currently employing 20 workers,(the only variable input), at a wage rate of $60. The average product of labor is $30, the last worker added 12 units to
Average product of a factor is the total output produced per unit of the factor employed thus, Average product = total product / number of units of factor employed If Q stand
objestive of williamson modle
what is the use of models in economics?
The price of oil increases because OPEC reduces oil production
Nations trade what they produce in excess of their own consumption to:
equilibrium price and output.
Explain why each of the following factors may influence the own price elasticity of demand for a commodity. (i) Consumer preferences, that is, whether consumers regard the commod
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