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Does incentivizing inputs or outputs lead to better results for students? How does this relate to conventional economic predictions about the effectiveness of incentivizing inputs vs. outputs?
Volusia County has two alternatives for traffic light in an excluded area. Alternative A is to install an electrical powered traffic light, while alternative B is to install solar powered traffic light. The initial cost, the annual operation costs ar..
A) What are the long-run average and avoidable cost functions? B) What is the profit maximizing level of output?
Using the model of household production, give an example of a change that would be predicted to increase the allocation of time to paid work.
In a 2-sector economy, when the income increases from RM400 million toRM450 million, consumption increases from 200 million to 230 million.
Your clinic has conducted market research and surveyed patients in two neighboring communities. You find community members in Arkham City (where your clinic is
Chris spends $300 per year to buy two services, Hair Coloring (HC) and Pedicure (PC). Suppose HC costs $50 per visit and PC costs $30 per visit. Write and Draw his budget constraint. HC PC. Suppose also his utility function is given by the equation U..
(a) Alalyze full the assumption of "homocedasticity" of a CLRM. Moreover, which are the differences wit heteroscedasticity? (b) Analyze fully the assumption of specification bias and use an example to show your intuition.
Gas prices are high at $3.30 in the Year of 2008, compared the prices in 1979 of gas prices for $1.00. Are Nominal prices or the Real Prices higher today, then in the past? How do you know? show your work. Use the CPI in 1979 of 85 and in 2008 of 218..
Define the following: functional organizations, product organization, geographic organization, matrix organization also network organization.
A local landfill currently charges $100 per half ton load of waste to dump. The marginal costs to the landfill of operating the dump are about $60 per half ton load of waste. Assuming the landfill pricing is dynamically efficient, what is the MUC of ..
Illustrate what do economists call the percentage change in real GDP from year to the next. Under a business agreement 70/30 why should the 70% shareholder decision carry all day.
State the major impacts of COVID-19 on the key Macro economic indicators with aid of statistics such as economic growth, employment, inflation rate and the bala
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