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    Managerial Economics Study Set 4
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    Exam 5: Demand Estimation and Forecasting Appendices 5A and 5B
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    A Major Problem in Projecting with a Trend Line Is
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A Major Problem in Projecting with a Trend Line Is

Question 51

Question 51

Multiple Choice

A major problem in projecting with a trend line is that


A) only straight-line projections can be accommodated.
B) it is valid only if the trend is upward.
C) it will not forecast turning points in activity.
D) it is a very complex method of forecasting.

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