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Author Question: Forecasts based on an economic theory as opposed to historical data are called A) causal ... (Read 51 times)

ts19998

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on: Jul 1, 2018
Forecasts based on an economic theory as opposed to historical data are called
 
  A) causal econometric forecasts.
  B) non-time-series forecasts.
  C) dummy forecasts.
  D) explanatory variable forecasts.

Question 2

The relationship between MC and AC can best be described as
 
  A) when AC increases, MC starts to increase.
  B) when MC increases, AC starts to increase.
  C) when MC decreases, AC decreases.
  D) when MC exceeds AC, AC increases.


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macmac

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Reply #1 on: Jul 1, 2018
Answer to Question 1

A

Answer to Question 2

D


ts19998

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Reply 2 on: Jul 1, 2018
Excellent

carlsona147

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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