Answer: Analogy
Explanation:
The method of forecasting that this example illustrate is analogy. Forecast by analogy refers to the forecasting method which simply assumes that two different kinds of situations have identical models and therefore share the same model of behaviour.
This can be infered from the situations that once the per capita GDP is known for the country, the per capita demand for the toys can be estimated.
Answer:
The words psychodynamic and psychoanalytic are often confused. Remember that Freud's theories were psychoanalytic, whereas the term 'psychodynamic' refers to both his theories and those of his followers. Freud's psychoanalysis is both a theory and therapy.
Answer:
E. both industries represent price-making firms.
Explanation:
Monopolistic competition refers to an industry in which companies sell products or services that can be similar but they are not perfect substitutes which generates low entry barriers and they are price makers because they can influence prices given that there are not perfect substitutes for their product. According to this, the answer is that monopolistic competition is like monopoly in that both industries represent price-making firms because in a monopoly companies as in monopolistic competition, companies are able to influence the price of the product.
In the above case, if the opal company has a cash balance of $23,000 and the company expects an ending cash balance of $20,000, then the company should borrow $17,000.
<h3>What do you mean by Cash?</h3>
Cash refers to the legal tender that must be used for exchanging goods, services, or debt.
In other words, it refers to the money that is a reliable form of payment and an accepted form in businesses.
Calculating cash that must be borrowed by a company.
So, (17,000) is required by the company to borrow.
Learn more about Cash here:
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Investor is the answer. Hope this helps!