The Big Mac Index perfectly explains the relative size of economies

Indicate whether the statement is true or false

FALSE

Business

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Retailers can use price as an adaptive mechanism with price adjustments

Indicate whether the statement is true or false

Business

The quarterly sales for specific educational software over the past three years are given in the following table. Compute the four seasonal factors

YEAR 1 YEAR 2 YEAR 3 Quarter 1 1710 1820 1830 Quarter 2 960 910 1090 Quarter 3 2720 2840 2900 Quarter 4 2430 2200 2590

Business