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Q. Assume that a researcher, using wage data on 250 randomly selected male workers also 280 female workers, estimates the OLS regression wage [ = 12:52 + 2:12 male ^ = 4:2 R2= 0:06(0:23) (0:36) where wage is measured in dollars every hour also male is a binary variable that is equal to 1 if the person is a male also 0 if the person is a female. The quantity in parentheses is the standard error of the estimated COE client. Define the wage gender gap as the difference in mean earnings between men also women.
How many popsicles will be sold/supplied each day in the short run if the price rises to $4 each per day
Conclude the optimal number of bran muffins to sell in a single package also the optimal package price. Elucidate how all step by step calculations to arrive at solution.
Arnett is appearing for a new Web portal to utilize to access information which interests him on Internet.
Suppose that in the 1990's, the average retail price of a roll of Kodak film was $6.95 and that Kodak's marginal cost was $3.475 per roll. Based on this information, discuss industry concentration.
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If the prevailing marketplace price is $17 every unit, Elucidate how many units will be produced also sold. Illustrate what are profits every unit.
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