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Under the Adaptive Method of Estimating Expected Sales in the Simple

Question 91

Multiple Choice

Under the adaptive method of estimating expected sales in the simple acceleration theory,if a firm's actual sales increase,


A) expected sales will increase if j is greater than zero.
B) expected sales will remain the same if j equals zero.
C) expected sales will equal the previous period's actual sales if j equals one.
D) All of the above are correct.

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