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The following statements describe either a stationary or non stationary series. Indicate which statement is stationary and which one is non stationary series.
a. A series that has a trend
b. A series whose mean and variance remain constant over time
c. A series whose mean value is changing over time
d. A series that contains no growth or decline
Assume a certain firm in a competitive market is producing Q = 1,000 units of output. At Q = 1,000, the firm's marginal cost equals $15 and its average total cost equals $11. The firm sells its output for $12 per unit.
Getrag expects its sales to raise 20 percent next year from its current level of $4.7 million. Getrag has current assets of $660,000, net fixed assets of 1.5 million dollar,
Ageless Corporation has a patent for a new promising age defying moisturizer cream. The yearly demand, marginal revenue, and marginal cost functions for this cream is given:
Airbus and Boeing compete in the market for big airplanes. Presume each produce only one type of airplane and the airplanes are identical. What will be Boeing’s profit if it decides first?
a. Explain the decision process for a firm trying to determine the optimal quantity of a factor of production to employ. b. Explain the determination of the optimal level of pollution frrom the perspective of society.
particularly on the retail end where drug dealers sell the drug to consumers in the U.S. What would you predict would happen to the economic profits of the drug dealer? Suppose the family in South America form a cartel What is the result of the ca..
suppose that jake considers two alternative investment plans of 1000 for one-year. investment a is a no-risk plan
What are the pros and cons of conducting an experimental versus an observational study? What are examples of these studies? Can both types of studies be used for all projects?
the latest economic news was not very positive. unemployment rates were higher than expected consumer confidence had
Monopoly Rinks is the only ice skating facility in Mapleville. The next closest rink is about 100 miles away. It has determined that its demand curve is
Explain how the prices determined in competitive market in theory describe who the price were determined in P.O.W Camp. Discuss weather mechanism of price determination in P.O.W Camp is consistent with the theory
do you feel that the interest rate that is set by the federal reserve is too low?provide an argument why interest rates
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