The table below shows the weekly sales of umbrellas during the rainy season.How will you go about removing the irregularity component of this time series using the method of 4-point moving averages?
Definitions:
Subsidy Payments
Financial support given by a government or organization to lower the price of a product or service or to support a business or economic sector.
Quantity Supplied
Quantity supplied refers to the total amount of a product or service that producers are willing and able to sell at a given price over a specified period.
Per Unit Tax
A tax levied on goods that is fixed in amount for each unit produced or sold.
Consumer Surplus
The gap in the total funds consumers are willing and financially prepared to allocate for a good or service, versus the funds actually allocated.
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