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Author Question: Which of the following is NOT one of the reasons for trying to estimate a demand function? (Read 47 times)

Zoey63294

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on: May 25, 2020

Question 1

Which one of the following is NOT an example of using heuristics when deciding what to buy?
◦ Using rules of thumb
◦ Weighing up the benefits of each item against its price
◦ Buying what's on offer
◦ Trial and error

Question 2

Which of the following is NOT one of the reasons for trying to estimate a demand function?
◦ To predict the effects of advertising
◦ To predict the effects of a growth in the market
◦ To predict the effects of price changes
◦ To predict the effects of a new production method
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by Zoey63294 on May 25, 2020

Ddddd

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Reply #1 on: May 25, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Zoey63294

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Reply 2 on: May 25, 2020
YES! Correct, THANKS for helping me on my review

AngeliqueG

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Reply 3 on: Yesterday
Excellent

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