Examlex
A company wants to forecast demand using the simple moving average.If the company uses three prior yearly sales values , which of the following is the simple moving average forecast for year 2014?
Rent
The price paid for the use of property or land by one party to another under the terms of a lease agreement.
Marginal Physical Product
The additional output that is produced by adding one more unit of a specific input, holding all other inputs constant.
Total Revenue
The total amount of money received by a company from its sales of goods or services.
Marginal Revenue Product
The additional revenue generated from hiring one more unit of labor or other input.
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