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In this module, we cover how to test for differences in proportions between 3 or more groups. For example, we looked at potential differences in graduation rates between three CSU campuses: Long Beach, San Diego, and San Francisco. For this discussion, come up with your own scenario in which you are comparing an outcome over three or more groups. Define the null and alternative hypothesis and briefly explain the economic logic behind why there may be any differences across these groups.
Draw a graph with arcade games on the horizontal axis also newspapers on the vertical axis. Joe has $10 every week to allocate between these commodities.
Assume there are only two producers of tennis rackets: Wilson and Prince. The market demand for tennis rackets is depicted by the algebraic formula P = 100 - Q, where P stands for price and Q stands for quantity of rackets. If Wilson and Prince form ..
In the market for shirts, which of the following is a social cost?
Take a moment to explore the French system. How does the French system figure into this discussion? Does France have a presidential system like the United State
Explain four macroeconomics objective from conventional perspective
If a physician has ownership in a surgery center why shouldn't he be able to do surgery? Why is this against the law?
An x-ray machine at a dental office is MACRS 5-year property. The x-ray machine costs $5,400 and has an expected useful life of 8 years. The salvage value at th
The costs of attending a state college for one year are $2,000 for tuition, $1,500 for the room, $1,000 for meals, and $500 for books and supplies. Calculate a) the explicit costs b) the implicit costs c) the total economic costs that the student fac..
When free trade increases market competition, what happens to the ability of a firm to set high prices? What about when trade restrictions are imposed?
Coke also Pepsi have their market dominance for nearly a century. General Motors also Ford have been hard hit by competition.
Consider the distributional effects of agricultural productivity due to global warming. Discuss some of the ramifications this outcome would have on regional economies, national economies, and world trade.
Then let's use those tax revenues to raise Manny's income by 120 dollars. What happens to market demand?
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