The simple exponential smoothing model is most appropriate for a time series that is:
A) seasonal and has no consistent upward or downward trend.
B) seasonal and has a consistent upward or downward trend.
C) nonseasonal and has a consistent upward or downward trend.
D) nonseasonal and has no consistent upward or downward trend.
D
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When the demand for good A increases:
a) the equilibrium price and equilibrium quantity will decrease. b) a surplus will result. c) the equilibrium price will rise but the equilibrium quantity will decrease. d) the equilibrium price will decrease but the equilibrium quantity will increase. e) the equilibrium price and equilibrium quantity will increase.
Wholesalers most likely discourage less-profitable customers by ________
A) increasing product promotions B) carrying exclusive product lines C) overseeing inventory control systems D) adding service charges to small purchase orders E) requiring smaller orders to lower transportation costs