30 Jun Question Description The first should be four pages long.
Question Description
The first should be four pages long.
– Standard paper instructions; double spaced,
– 12-point Times New Roman Font,
– 1″ margins.
– No outside references are required, but if you use them, reference them using APA style.
– Title page with the topic and your name
The topic of the paper is fairly open; I want you to discuss how to apply what we’ve discussed about demand (Chapters 3-5) and how they apply to a particular company (or a particular product from a company).
Please pick one company, and put yourself in the position of analyzing that one company (or advising that one company on what decisions it should take, or what information it should collect).
Obviously you aren’t going to have specific numbers, but you could indicate what information you would be looking to collect, what you might use to predict the demand (for instance), what results you might expect from the estimations, and how you would make decisions using that particular information.
Tags: economics elasticity of demand APA Formatting Style Application Of Price Elasticity Shell Gasoline Vendor
chapter_3___5.docx
Unformatted Attachment Preview
Chapter 3: Demand Analysis Chapter Introduction 3-1 Demand Relationships 3-1a The Demand Schedule Defined 3-1b Constrained Utility Maximization and Consumer Behavior 3-2 The Price Elasticity of Demand 3-2a Price Elasticity Defined 3-2b Interpreting the Price Elasticity: The Relationship between the Price Elasticity and Sales Revenue 3-2c The Importance of Elasticity-Revenue Relationships 3-2d Factors Affecting the Price Elasticity of Demand 3-3 The Income Elasticity of Demand 3-3a Income Elasticity Defined 3-4 Cross Elasticity of Demand 3-4a Cross Price Elasticity Defined 3-4b Interpreting the Cross Price Elasticity 3-4c Antitrust and Cross Price Elasticities 3-4d An Empirical Illustration of Price, Income, and Cross Elasticities 3-5 The Combined Effect of Demand Elasticities Chapter Review Summary Exercises Case Exercises Chapter 4: Estimating Demand Chapter Introduction 4-1 Statistical Estimation of the Demand Function 4-1a Specification of the Model 4-2 A Simple Linear Regression Model 4-2a Assumptions Underlying the Simple Linear Regression Model 4-2b Estimating the Population Regression Coefficients 4-3 Using the Regression Equation to Make Predictions 4.3a Inferences about the Population Regression Coefficients 4-3b Correlation Coefficient 4.3c The Analysis of Variance 4-4 Multiple Linear Regression Model 4-4a Use of Computer Programs 4-4b Estimating the Population Regression Coefficients 4-4c Using the Regression Model to Make Forecasts 4-4d Inferences about the Population Regression Coefficients 4-4e The Analysis of Variance Chapter Review Summary Exercises Case Exercises Appendix 4A Problems in Applying the Linear Regression Model Chapter 5: Business and Economic Forecasting Chapter Introduction 5-1 The Significance of Forecasting 5-2 Selecting a Forecasting Technique 5-2a Hierarchy of Forecasts 5-2b Criteria Used to Select a Forecasting Technique 5-2c Evaluating the Accuracy of Forecasting Models 5-3 Alternative Forecasting Techniques 5-4 Deterministic Trend Analysis 5-4a Components of a Time Series 5-4b Some Elementary Time-Series Models 5-4c Secular Trends 5-4d Seasonal Variations 5-5 Smoothing Techniques 5-5a Moving Averages 5-5b First-Order Exponential Smoothing 5-6 Barometric Indicators 5-6a Leading, Lagging, and Coincident Indicators 5-7 Survey and Opinion-Polling Techniques 5-7a Forecasting Macroeconomic Activity 5-7b Sales Forecasting 5-8 Macroeconometric Models 5-8a Advantages of Econometric Forecasting Techniques 5-8b Single-Equation Models 5-8c Multi-Equation Models 5-8d Consensus Forecasts: Livingston and Blue Chip Forecaster Surveys 5-9 Forecasting with Input-Output Tables 5-10 Advanced Material: Stochastic Time-Series Analysis Chapter Review Summary Exercises Case Exercises …
Purchase answer to see full attachment
Studypool values your privacy. Only questions posted as Public are visible on our website.
Tutor Answer
Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteDemy. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.
About Writedemy
We are a professional paper writing website. If you have searched a question and bumped into our website just know you are in the right place to get help in your coursework. We offer HIGH QUALITY & PLAGIARISM FREE Papers.
How It Works
To make an Order you only need to click on “Order Now” and we will direct you to our Order Page. Fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Are there Discounts?
All new clients are eligible for 20% off in their first Order. Our payment method is safe and secure.