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(a) This study is an example of randomized control trial: The experiment delivers academic performance information (report cards) to randomly selected parents and measures the effects on educational investments and decisions. What is the benefit of running a randomized control study?
(b) What are the potential problems of randomized controlled studies? Is there anything you would be worried about this study?
Discuss the key elements of identifying white-collar crimes. Next, determine at least two (2) federal criminal statutes
How should a monopsonist decide how much of a product to buy? Will it buy more or less than a competitive buyer? Explain briefly.
Consider the intertemporal production economy of Chapter 11. Suppose that there is a shift in the representative consumer’s preferences. Namely, the consumer prefers, given the market real interest rate, to consume less current leisure and more curre..
Industry B is composed of lower-skilled workers who are not organized. Which industry is more likely to have sticky wages? Explain.
Explain how you imagine the invention of cheap electric cars would affect the demand for gasoline? Why? Which determinant of demand or supply would be affected?
Suppose the market for operating systems were perfectly competitive. What price would be charged? How many would be sold? Would the firms in this industry be profitable?
illustrate what is the largest total surplus of all transactions that can be accomplished? person maximum price willing
What is the best case scenario between Marginal Revenue and Total Revenue? Do we want Total Revenue to be maximized and Marginal Revenue to be equal to zero or do we want Total Revenue to be rising and Marginal Revenue to be positive?
An automobile is purchased in 2016 with $25,000, which is supposed to bring $5,000/year to buyer for the next 5 year. Salvage value of this product is $3,000 at the end of five years useful life. Why in case of BTCF: Market rate = (Inflation free ra..
1. Why is Big Data important? What are the Vs that are used to define Big Data?
Bowen is a manufacturer of golf carts in Minneapolis servicing Minnesota and several nearby states.
Elucidate what is the marginal opportunity cost of 1,000 garments of clothing in the range between points B and C.
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