Question: After reading Chapter 9 , Case 9 . 2 ( pages 1 4 7 - 1 4 8 ) from the E - Book, Economics
After reading Chapter Case pages from the EBook, Economics for Healthcare Managers, Fourth Edition by Lee, provide a response to each of the discussion questions for your initial posting:
What is problematic about a "hockey stick" forecast?
Can you find an example of a product that displayed "hockey stick" revenue growth?
What is problematic about a forecast with a smoothly rising trend line?
Can you find an example of a product that displayed smoothly rising revenue growth?
From an economic point of view, what is implausible about smoothly rising trend lines?
Can you find an example of a product that wildly underperformed early forecasts?
Can you find an example of a product that wildly overperformed early forecasts?
What external factors might cause belowforecast sales? Above forecast sales?
What internal factors might cause belowforecast revenues? Above forecast revenues?
What are examples of new products with uncertain prospects in healthcare?
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