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Based on data obtained by department agriculture, the relationship between Cows Total output Of milk & amount of grain It is fed is as Follow:Mount of grain(1200/1800/2400/3000) Amount of milk (5917/7250/8379/9317)
A)calculate the average Product of grain when each amount Is used?
B)Estimant the marginal product Of grain When between 1200,and 1800 pound are fed, when between 1800, and 2400 pound are fed, and when between 2400, and 3000 pound are fed?
Design a simple econometric research project
Multiplicative decomposition method
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Solve the forecast model
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Explain why this model violates the assumption of no perfect collinearity. Write the t statistic for testing the null hypothesis
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Assume a company has the following production function: Q = 100 K.5 L1 . Currently, the company hires 1,000 workers and employs 100 units of capital.
M-commerce also known as mobile commerce is being lumped in with several strategic internet plans. Explain some of the industries that are likely to use mobile commerce and how it is working for them.
Auto Data manufactures custom engineering testing machine. The following 5-orders are currently in the design department:
Briefly discuss the difference between mechanism of an oral or English auction and a Vickrey or second price auction.
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