Answer:
The term “free market” is sometimes used as a synonym for laissez-faire capitalism. When most people discuss the “free market,” they mean an economy with unobstructed competition and only private transactions between buyers and sellers.
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Answer:
A. Forecast for July = 42.
B. Forecast for August = 42.45
C. Because of seasonality in the banking industry.
Explanation:
A. Forecast for July = Forecast for June + Smoothing constant x (Forecasting error)
= 42 + 0.15 (42-42) = 42
B. Forecast for August = Forecast for July + 0.15 (Forecasting error)
= 42 + 0.15 (45-42) = 42.45
C. Because there is a great deal of seasonality in the processing requirements of banking industry, this forecasting method (exponential smoothing) might not be appropriate for this situation.
Answer:
$6.43
Explanation:
The computation of the average total cost is shown below:
= Total cost ÷ Quantity produced
= $45,0000 ÷ 7,000 staplers
= $6.43
By dividing the total cost i.e $45,000 from the quantity produced i.e 7,000 staplers we can get the average total cost and the same is to be shown above.
And, the rest of the items should be ignored as it is not relevant to the current given situation
Answer:
After the problem has been defined carefully, the next step in the marketing research process is to develop a research plan.
Explanation:
The marketing research process is a process aimed at identifying problematic situations present in the daily life of society, with the aim of creating one or more products that meet the needs or solve the problems that such situations cause to people. In this way, it seeks to create a highly demanded product that is profitable for the company that produces it.
The first step in this process is the identification of the problematic situation, after which different resolution alternatives begin to be evaluated, thus creating research plans aimed at finding a solution capable of being monetized through its insertion into the market.
B) stocks is the riskiest, but has the potential to earn you the most money?
