The Tendency to Forecast Either Too High or Too Low

question 55

Short Answer

The tendency to forecast either too high or too low is known as ________.

---

Definitions:

Retailers

Businesses that sell goods or services directly to consumers.

Clayton Act

A U.S. antitrust law, enacted in 1914, aimed at promoting fair competition and preventing monopolies by prohibiting certain anti-competitive practices.

Federal Trade Commission (FTC)

A U.S. federal agency tasked with protecting consumers and maintaining competition by preventing anticompetitive, deceptive, and unfair business practices.

Anticompetitive Effect

The impact of certain practices or agreements that reduce or eliminate competition within a market, often scrutinized under competition law.