A TIME SERIES forecasting model in which the forecast for the next period is the actual value for the current period is the
A) Delphi model.
B) Holt's model.
C) naïve model.
D) exponential smoothing model.
E) weighted moving average.
C
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Child pornography and obscenity are examples of:
A) protected speech. B) unprotected speech. C) limited protected speech. D) none of the above.
Horizontal price fixing occurs when:
A) A manufacturer requires its independent dealers to sell its products at a given price. B) One or more companies charge the same prices for goods at all their stores for an unreasonable length of time. C) A company with the entire market on a patented product sells the product at a fixed price. D) Prices are determined with reference to an index, such as the average price of crude oil, which neither the seller nor a purchaser can control. E) Two or more competing companies agree on the prices to charge for their products.