Solution Question 1. 1. : the jury of executive opinion approach. Question 2. 2 .: combinations of inputs that can be purchased given their prices for the same total cost. Question . The relationship between MC and AC can best be described as (Points : 3) : when AC increases, MC starts to increase. Which of the following cannot be determined on the basis of the above regression results?: the degree of competition between A and B When the more recent observations are more relevant to the estimate of the next period than previous observations, the na .

1. Question 1. 1. The fact that a person with a forceful and persuasive personality but not
necessarily the greatest amount of knowledge and judgment can exercise a disproportionate
amount of influence is a major drawback of (Points : 3)
the Delphi method of forecasting.
the market research method.
opinion polling.
the jury of executive opinion approach.
Solution
Question 1. 1. : the jury of executive opinion approach.
Question 2. 2 .: combinations of inputs that can be purchased given their prices for the same total
cost.
Question . The relationship between MC and AC can best be described as (Points : 3) : when AC
increases, MC starts to increase.
Which of the following cannot be determined on the basis of the above regression results?: the
degree of competition between A and B
When the more recent observations are more relevant to the estimate of the next period than
previous observations, the na