A popular brand of tennis shoe has had the following demand history by quarters over a three-year period.

1990 Demand 1991 Demand 1992 Demand
1 12 1 16 1 14
2 25 2 32 2 45
3 76 3 71 3 84
4 52 4 62 4 47

a. Determine the seasonal factors for each quarter by the method of centered moving averages.
b. Based on the result of part (a), determine the deseasonalized demand series.
c. Predict the demand for the first quarter of 1993 for the deseasonalized series from a six-quarter moving average.
d. Using the results from parts (a) and (c), predict the demand for the shoes for the first quarter of 1993.
e. Compare the result from part (a) with seasonal factors obtained by the simpler method described at the beginning.

Assume the government imposes a $2.25 tax on suppliers, which results in a shift of the supply curve from s1 to s2. the price the seller receives for the product after paying the tax is

Which of the following statements is correct? a) due to limited liability, unlimited lives, and ease of ownership transfer, the vast majority of u.s. businesses (in terms of number of businesses) are organized as corporationsb) most businesses (by number and total dollar sales) are organized as proprietorships or corporation. however, if the business gets very large, it becomes advantageous to convert to a corporation, primarily because corporations have important tax advantages over proprietorships and partnerships.c) due to legal considerations related to ownership transfers and limited liability, which affect the ability to attract capital, most business (measured by dollar sales) is conducted by corporations in spite of large corporations' less favorable tax treatmentd) large corporations are taxed more favorably than proprietorshipse) corporate stockholders are exposed to unlimited liability

Select the correct answerwhat is the responsibility of each of the twelve federal reserve's banks in their districts? a.they set the prime rateob.they monitor functioning of banks in their through onsite and offsite reviewsc.they assess taxes in their destnictd.they write fiscal policies