Weather
A weather forecast is a scientifically based assumption about the future state of the weather in a certain point or region for a certain period. It is compiled (developed) by meteorological services on the basis of meteorology methods. Forecasts are divided according to the advance date of the period for which the forecast is given[1]: naukasting (current weather forecast) - from 0 to 2 hours; ultra-short-term (SCPP) - up to 12 hours; short-term (PPC) - from 12 to 72 hours; medium-term (SPP)...
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Changes in equilibrium price and quantity: the four-step process
Key points
There is a four-step process that allows us to predict how an event...
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