Here are annual revenue data in billions of dollars for the 10-year period 20082017 for two wellknown

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Here are annual revenue data in billions of dollars for the 10-year period 2008–2017 for two wellknown retailers:
Amazon: 19.1; 24.5; 32.4; 48.1; 61.1; 74.5; 89.0; 107.9; 136.0; 177.9.
Walmart: 402.2; 406.1; 420.0; 445.0; 467.2; 474.5; 483.5; 480.0; 482.2; 496.8.

a. For each company, use linear extrapolation in Excel to forecast revenue in the year 2021.

b. Based on these extrapolations, when would Amazon be predicted to equal Walmart in revenue?

c. Why has Amazon been growing faster than Walmart? Is the slow growth of Walmart related to the rapid growth of Amazon?

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Managerial Economics And Strategy

ISBN: 9780134899701

3rd Edition

Authors: Jeffrey M. Perloff, James A. Brander

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Question Posted: Nov 02, 2021 01:19 AM

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Here are annual revenue data in billions of dollars for the 10-year period 20082017 for two wellknown

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