Answer to Question #52120 in Microeconomics for Asif

Question #52120
Project the sale for the next eight years: Years: 1965 1966 1967 1968 1969 1970 1971 Sales in dollars: $120 $140 $120 $150 $170 $190 $210 Draw the graph and interpret the future conditions
1
Expert's answer
2015-04-22T08:24:02-0400
The sales for the years 1965-1971 were as follows:
Years: 1965 1966 1967 1968 1969 1970 1971
Sales in dollars: $120 $140 $120 $150 $170 $190 $210
As during years 1967-1971 the sales increased by $20 annually, then the sales for the next eight years will be:
Years: 1972 1973 1974 1975 1976 1977 1978, 1979
Sales in dollars: $230 $250 $270 $290 $310 $330 $350.

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be first!

Leave a comment

Ask Your question

LATEST TUTORIALS
New on Blog
APPROVED BY CLIENTS
paypal