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Consider the following class of estimators:
W(sub)a= 1/a1(Y1)+1/a2(Y2)+1/a3(Y3)+1/a4(Y4) where a(i) are the constants.
a) What restriction on the ai is needed for Wa to be an unbiased estimator of mu?
b) Find the variance of Wa.
mcburger hires you as a consultant to advise on its best strategy. you estimate monthly demand for its burgers to
100 identical customers, each with relevant demand function Q = 20- P (where Q is the hours per week and P is the per-hour fee). Assuming you priced membership consistent with consumer surplus, if fixed costs = $1,000 and variable costs = $0, how muc..
The government adopts a tax increase and cuts spending to reduce the budget deficit and the government adopts a "fiscal stimulus" by increasing its spending on infrastructure
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A number of stores offer film expanding as a service to their consumers. Assume that each store that offers this service has a cost function C(q)=50+0.5q+0.08q2 .
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The utility function is U = U (X, Y) If the 2nd derivative for both x and y is greater then 0, does that mean the indifference curves are both convex? Explain why or why not.
Currently, what indictors are evident that there is too much or too little money within the economy? How is monetary policy aiming to adjust this?
problem 1evaluate whether the following statements are true or falsebull as long as buyer are willing to pay a
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