What is a market economy? a. a system in which production market activities satisfy a specific demand b. a system that is regulated by the interactions between producers and consumers c. a system that is regulated by the government and those with private ownership d. a system in which the government controls market prices of commodities

Amanager of a store that sells and installs spas wants to prepare a forecast for january and june of next year. her forecasts are a combination of trend and seasonality. she uses the following equation to estimate the trend component of monthly demand: ft = 30+5t, where t = 1 in january of this year. seasonal relatives are 0.60 for january and 1.50 for june. what demands should she predict for january and june of next year