Answer:
The correct answer is 'Average prices are rising, but it is not certain what is happening to relative prices'.
Explanation:
Inflation is the overall increase in the prices of goods and services. It is a quantitative measure to understand the change in the prices. In general, inflation means average prices of goods and services are rising. It does not account for the relative prices so it is not certain what is happening to relative prices.
Characteristics 4 and 5 would be typical of an industry that is in the start-up stage.
Explanation:
- Following characteristics would be typical of an industry that is in the start-up age :
- 4. The current penetration rate in the United States is 60% of households and will be difficult to increase.
- The households between $1 million and $2 million in net worth is given below :
- $1,000,000 in wealth is near the 88% in America.
- Around 15,117,804 are households that matched this bracket or more.
- 5 Manufacturers compete fiercely on the basis of price, and price wars within the industry are common.
- There are certain strategies which includes
- price matching,
- evaluating the competitors,
- product re-branding,
- creative advertising and marketing
Answer:
Labor and store space (land and building)
Explanation:
In economics, the factor market refers to the purchase and sale of <u>factors of production,</u> which include land, labor, capital, and entrepreneurship.
It is true that ''In a forecasting model using simple moving average, the shorter the time span used for calculating the moving average, the closer the average follows volatile trends''.
There are three fundamental categories: causal models, time series analysis and projection, and qualitative approaches. The first makes use of qualitative data (such as the judgement of experts) and details about noteworthy occasions of the sort already discussed, and may or may not take historical factors into account.
Although there are many commonly used quantitative budget forecasting tools, in this article we concentrate on the top four techniques: Straight-line, moving average, simple linear regression, multiple linear regression, and straight-line.
The Global Forecast System (GFS) of the National Weather Service and the European Center for Medium-Range Weather Forecast (ECMWF) model are the two most well-known NWP models. The American and European models are other names for them.
Learn more about forecasting model:
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Sorry I don’t know the answer I am just answering to see something about my points because they are negative and I am trying something I am so
