Which of the following best represents management's objective(s) in utilizing demand analysis?

a. it provides insights necessary for the effective manipulation of demand
b. it helps to measure the efficiency of the use of company resources
c. it aids in the forecasting of sales and revenues
d. a and b
e. a and c


e

Economics

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The horizontal portion of the short-run aggregate supply curve in which there is excessive unemployment and unused capacity in the economy is

A) Say's law. B) the classical short-run aggregate supply curve. C) the Keynesian short-run aggregate supply curve. D) exists when prices are flexible.

Economics

Which of the following is not among the factors that could shift the supply of pounds curve? You may assume all other factors are held constant

a. A change in U.S. real GDP. b. A change in British real GDP. c. An increase in the U.S. interest rate. d. A change in British tastes for American goods. e. An increase in the U.S. price level.

Economics

Analogies between public and private debt are usually misleading

a. True b. False Indicate whether the statement is true or false

Economics

When oligopolists join together in a cartel, they

A. have chosen to ignore interdependence. B. have admitted that their behavior is interdependent. C. are planning to violate the law of supply and demand. D. are trying to behave like perfect competitors.

Economics