This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The following are the actual sales for the last six periods: Period Sales 1 750 2 820 3 600 ... (Read 42 times)

KWilfred

  • Hero Member
  • *****
  • Posts: 570
on: Jul 1, 2018
The following are the actual sales for the last six periods:
 
  Period Sales
   1 750
   2 820
   3 600
   4 850
   5 900
   6 700
 
  Using a 3-month moving average, what would be your prediction for period 7?

Question 2

If a firm makes zero economic profit, then the firm
 
  A) has no incentive to stay in the industry.
  B) is better of exiting the industry.
  C) is indifferent between staying and exiting the industry.
  D) will shut down.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

orangecrush

  • Sr. Member
  • ****
  • Posts: 350
Reply #1 on: Jul 1, 2018
Answer to Question 1

817

Answer to Question 2

C


KWilfred

  • Member
  • Posts: 570
Reply 2 on: Jul 1, 2018
Gracias!

duy1981999

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Shifts between Warm and Cold Periods during the Last 3 Million Years Shifts between Warm and Cold Periods during the Last 3 Million Years
40th Week pregnancy period baby 40th Week pregnancy period baby
End of last glacial period End of last glacial period
Critical Periods of Development Critical Periods of Development
Embryonic Period Embryonic Period
Fetal Period Fetal Period
Video: Summary of female reproductive cycle days 1-28

For a complete list of videos, visit our video library