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Sagot :
A critical trade-off which must be considered when choosing a forecasting technique is that between: C. cost and accuracy.
What is a forecasting technique?
A forecasting technique can be defined as a process through which predictions can be made about the economy, especially based on macroeconomic and microeconomic conditions such as:
- GDP
- Inflation
- Unemployment
In Economics, cost and accuracy is a critical trade-off which must be considered when choosing a forecasting technique.
Read more on forecasting technique here: https://brainly.com/question/23009258
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