Answer:
There are a few advantages and disadvantages of these three forecasting sales: moving average, weighted moving average, and regression analysis.
Explanation:
The moving average method is the method in which calculation of a overall trend in a data set is done. It is a simple method. But its disadvantage is that this method doesn't take the data outside the average period into accounting.
The weighted moving average method uses exponential method to verify if the past data's effect is correct, Thus, this makes it more accurate in measurements. But, the disadvantage is that it is difficult to use.
The regression analysis method is majorly used for prediction and forecasting. But the disadvantage is its limitation to the linear relationship so it is not able to provide accurate result in case there are more than one variables.
Linear Multiple Regression Analysis method shows relationship between independent and dependent variables. This is best for sales forecast because it is easy to use for decision making and helps solving business problems
.
Answer:
The correct answer is option A.
Explanation:
The imposition of tax creates a tax wedge. The price paid by buyers increases and price received by sellers decreases. This causes the equilibrium quantity of products to decrease.
Though, the change in quantity depends upon the elasticity of demand and supply. If both demands are inelastic and the increase in price will cause the quantity demanded to decrease less than proportionate.
If the supply is inelastic, a decrease in price will cause less than a proportionate decline in quantity supplied.
So when both the supply as well as demand is inelastic, the tax revenue will be the most.
Answer:
$100,000
Explanation:
The computation of the equity in his home is shown below;
Given that
Increased in the value of the house = $160,000
And, the amount he has to paid is
= Borrowed amount - down payment
= $80,000 - ($100,000 × 20%)
= $80,000 - $20,000
= $60,000
So, the equity is
= $160,000 - $60,000
= $100,000
hence, the equity value is $100,000