This topic contains a solution. Click here to go to the answer

Author Question: The following are the actual sales for the last six periods: Period Sales 1 750 2 820 3 600 ... (Read 6 times)

KWilfred

  • Hero Member
  • *****
  • Posts: 570
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
Answer to Question 1

817

Answer to Question 2

C




KWilfred

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


rachel

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Gracias!

 

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

For a complete list of videos, visit our video library