In the African nation of Senegal, to enroll in school a child needs a birth certificate that costs $25. This price is several weeks’ income for many families. Explain how this requirement is likely to affect the growth of Human Capital in Senegal.
08 Jun 2020For a binary response y, let y¯ be the proportion of ones in the sample (which is equal to the sample average of the yi). Let qˆ0 be the percent correctly predicted for the outcome y = 0 and let qˆ1 be the percent correctly predicted for the outcome y = 1. If pˆ is the overall pe...
08 Jun 2020Suppose that a military dictator in an unnamed country holds a plebiscite (a yes/no vote of confidence) and claims that he was supported by 65% of the voters. A human rights group suspects foul play and hires you to test the validity of the dictator’s claim. You have a budget tha...
08 Jun 2020The new management at a bakery claims that workers are now more productive than they were under old management, which is why wages have “generally increased. “Let Wib be Worker i’s wage under the old management and let Wii be Worker i’s wage after the change. The difference is A...
08 Jun 2020You just overheard your friend say the following: “Poor countries like Malawi have no absolute advantages. They have poor soil, low investments in formal education and hence low-skill workers, no capital, and no natural resources to speak of. Because they have no advantage, they ...
08 Jun 2020In Maine, you must have a license to harvest lobster commercially; these licenses are issued yearly. The state of Maine is concerned about the dwindling supplies of lobsters found off its coast. The state fishery department has decided to place a yearly quota of 80,000 pounds of ...
08 Jun 2020Explain, both in words and with a supply-and-demand diagram, the impact of each of the following upon the wages and employment in the affected labor market: a. Upon union bricklayers: The bricklayers union negotiated a lower standard work rule, from 60 bricks per hour to 50 brick...
08 Jun 2020Consider the following table showing the utility of different numbers of days skied each year: Number of days skied 0 1 2 3 4 5 6 Total utility ($) 0 70 l lO 146 176 196 196 Construct a table showing the marginal utility for each day of skiing. Assuming that there are 1 million p...
08 Jun 2020Explain why each of the following is fa/,se: a. A freeze in Brazils coffee-growing region will lower the price of coffee. b. "Protecting" American textile manufacturers from Chinese clothing imports will lower clothing prices in the United States. c. The rapid increase in college...
08 Jun 2020Newspaper versus Soft Drink Vending Machines Why do newspaper vending machines allow buyers to take more than one paper while soft drink vending machines dispense just one can of soda at a time? 14-2 Movie Theater Price Discrimination You run a chain of movie theaters, so you co...
08 Jun 2020Yield or Revenue Management 3 Suppose your parking lot has two different consumers who use it at two different times. Daily commuters use it during the daytime, and sports fans use it at different times to park at sporting events. Daily commuter demand is variable, yet stable and...
08 Jun 2020Shoe Company A domestic shoe company distributes running shoes and tennis shoes for $95 per pair. The marginal cost of producing a pair of running shoes is $60, and the marginal cost of producing a pair of tennis shoes is $45. A Chinese retailer offers to purchase running shoes f...
08 Jun 2020Two forces of magnitude TA 5 8 kips and TB 5 15 kips are applied as shown to a welded connection. Knowing that the connection is in equilibrium, draw the free-body diagram needed to determine the magnitudes of the forces TC and TD
08 Jun 2020For the plate of Prob. 2.89, determine the tensions in cables AB and AD knowing that the tension in cable AC is 54 N and that the resultant of the forces exerted by the three cables at A must be vertica
08 Jun 2020Define economic growth. 2,List the phases of the business cycle. 3.In which phase of the business cycle is unemployment at its highest? Where in the business cycle is it the lowest? 4.In which phase of the business cycle is inflation a possible problem? 5.Give two definitions of ...
07 Jun 2020Illustrate and discuss the following factors given international trade occurs: Production inside the country with and without world trade. Consumption inside the country with and without world trade. Show the amount of production that comes from outside the country (from the worl...
07 Jun 2020Illustrate and discuss the following factors given international trade occurs: Production inside the country with and without world trade. Consumption inside the country with and without world trade. Show the amount of production that comes from outside the country (from the worl...
07 Jun 2020Illustrate and discuss the following factors given international trade occurs: Production inside the country with and without world trade. Consumption inside the country with and without world trade. Show the amount of production that comes from outside the country (from the worl...
07 Jun 2020Illustrate and discuss the following factors given international trade occurs: Production inside the country with and without world trade. Consumption inside the country with and without world trade. Show the amount of production that comes from outside the country (from the worl...
07 Jun 2020Comment in 500 words, The immigration and the economy in US, negative and positive affect?
07 Jun 2020Solve for the numerical value of P : P = 1000(P/A, 5%, 200)
07 Jun 2020What is one example of something being measured and later providers are rewarded or penelazied for their outcomes with this measurement?
07 Jun 2020Do you think value based purchasing is important to the operation of US healthcare? Why or why not?
07 Jun 2020What is the right answer instead of linear programming ? 1. Decision variables are associated with the linear programming. THese variables are under the supervision of decision makers.
07 Jun 2020What is the right answer instead of linear programming ? 1. Decision variables are associated with the linear programming. THese variables are under the supervision of decision makers.
07 Jun 2020For each of the following, indicate whether the data is (a)categorical nominal, (b) categorical ordMal, (c) numerical discrete, or (d) numerical continuous scale. 1) student standing in school (freshmen, sophomore, etc..) 2) weight 2) money in the bank account 0) military rank (l...
07 Jun 2020The marginal revenue curve for a monopolist lies below the demand curve because of A. the income effect. B. the quantity effect. C. price discrimination. D. the price effect. E. the substitution effect.
07 Jun 2020The demand curve for a monopolist producing a normal good is downward-sloping because of A. the substitution effect being larger than the income effect. B. the income effect being larger than the substitution effect. C. diminishing marginal returns. D. price discrimination. E. di...
07 Jun 2020The long-run industry supply curve for a perfectly competitive firm is A. flatter and more elastic than the short-run supply curve. B. flatter and more inelastic than the short-run supply curve. C. steeper and more elastic than the short -run supply curve. D. steeper and more ine...
07 Jun 2020Tia sells hats in a perfectly competitive market. If, in the long run, the market price exceeds the minimum of Tias average variable cost but is below the minimum of her average total cost, Tia should A. shut down her business if the situation continues for another year. B. shut ...
07 Jun 2020Suppose a pizza parlor has the following production? costs: ?$2.00 in labor per? pizza, ?$4.00 in ingredients per? pizza, ?$0.60 in electricity per? pizza, ?$4,500 in restaurant rent per? month, and ?$250 in insurance per month. Assume the pizza parlor produces 6,000 pizzas per m...
07 Jun 2020Describe the strategies used by Google aand Amazon, two oligopolists, to fight the wars about the fast delivery of consumer product.
07 Jun 2020Given the following inverse demand and supply functions: P = 44 – 2QD P = 12 2QS (a) Determine the equilibrium quantity and the equilibrium price. (b) If the government imposes a $8/unit tax on the seller, determine the after tax equilibrium quantity and price. How much of the t...
07 Jun 2020Given the following inverse demand and supply functions: P = 44 – 2QD P = 12 2QS (a) Determine the equilibrium quantity and the equilibrium price. (b) If the government imposes a $8/unit tax on the seller, determine the after tax equilibrium quantity and price. How much of the t...
07 Jun 2020Given the following inverse demand and supply functions: P = 44 – 2QD P = 12 2QS (a) Determine the equilibrium quantity and the equilibrium price. (b) If the government imposes a $8/unit tax on the seller, determine the after tax equilibrium quantity and price. How much of the t...
07 Jun 2020Given the following inverse demand and supply functions: P = 44 – 2QD P = 12 2QS (a) Determine the equilibrium quantity and the equilibrium price. (b) If the government imposes a $8/unit tax on the seller, determine the after tax equilibrium quantity and price. How much of the t...
07 Jun 2020Briefly explain the difference between external and internal economies of scale. Why is it that if an industry is operating under conditions of internal scale economies then we cannot have perfect competition? 4. State one factor which may lead to external economies of scale.
07 Jun 2020Last MIA when Holiday Creations. Inc.. sold 50.000 units. total sales were $200.000. variabi expenses wort $129.000. and fixed expenses were %S.M./ 1104.110: I. Whilt is the company, contribution min (0.1) ratio? Estimate the change in the companys net operating income if it were...
07 Jun 2020Last MIA when Holiday Creations. Inc.. sold 50.000 units. total sales were $200.000. variabi expenses wort $129.000. and fixed expenses were %S.M./ 1104.110: I. Whilt is the company, contribution min (0.1) ratio? Estimate the change in the companys net operating income if it were...
07 Jun 2020Assume that 25 years ago your dad invested $220,000, plus $29,000 in years 2 through 5, and $50,000 per year from year 6 on. Determine the annual retirement amount that he can withdraw forever starting next year (year 26), if the $50,000 annuity stopped at year 25. The interest r...
07 Jun 2020Assume that 25 years ago your dad invested $220,000, plus $29,000 in years 2 through 5, and $50,000 per year from year 6 on. Determine the annual retirement amount that he can withdraw forever starting next year (year 26), if the $50,000 annuity stopped at year 25. The interest r...
07 Jun 2020Assume that 25 years ago your dad invested $220,000, plus $29,000 in years 2 through 5, and $50,000 per year from year 6 on. Determine the annual retirement amount that he can withdraw forever starting next year (year 26), if the $50,000 annuity stopped at year 25. The interest r...
07 Jun 2020Assume that 25 years ago your dad invested $220,000, plus $29,000 in years 2 through 5, and $50,000 per year from year 6 on. Determine the annual retirement amount that he can withdraw forever starting next year (year 26), if the $50,000 annuity stopped at year 25. The interest r...
07 Jun 2020Assume that 25 years ago your dad invested $220,000, plus $29,000 in years 2 through 5, and $50,000 per year from year 6 on. Determine the annual retirement amount that he can withdraw forever starting next year (year 26), if the $50,000 annuity stopped at year 25. The interest r...
07 Jun 2020Who wrote the encyclopedia: "The Rational Dictionary of the Sciences, the Arts, and the Crafts" in 1765?
07 Jun 2020Who wrote the encyclopedia: "The Rational Dictionary of the Sciences, the Arts, and the Crafts" in 1765?
07 Jun 2020Without using a Lagrangian, find the cost minimizing levels of L and K for the production function q = L^.6K^.4 if the price of labor =10, the price of capital = 15, and desired output = 100. What is the total cost to produce that output?
07 Jun 2020What is the reason behind diminishing marginal productivity of labor? 1.New workers arent willing to work as hard. 2. New workers dont have adequate capital to work with. 3.There is no reason to face such a decline. 4.Management is not providing sufficient guidance.
07 Jun 2020Ive heard that Xiaowen is opening two grow houses. At the Schreiberwood house the production function is q = 2K^(1/4)L^(1/4) while at the MaGrath Valley house the production function is q = 4K^(1/4)L^(1/4). In both cases w = $16 and r = $16. Hopefully she will produce 200 kilogra...
07 Jun 2020Ive heard that Xiaowen is opening two grow houses. At the Schreiberwood house the production function is q = 2K^(1/4)L^(1/4) while at the MaGrath Valley house the production function is q = 4K^(1/4)L^(1/4). In both cases w = $16 and r = $16. Hopefully she will produce 200 kilogra...
07 Jun 2020
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