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Questions: After reading Chapter 5 and 6 (Winter 2008) and gaining an understanding of the economic model of criminal behavior, answer the following questions:
1.) Please explain "economic analysis of racial profiling".
2.) Does allowing employers easy access to criminal background checks improve or worsen the labor market prospects of minority workers?
Explain what the consumption function shows, and describe what is held constant along the consumption function.
You have $3,100 you want to invest in your classmate’s start up business. You believe the business idea to be great and hope to get $3,950 back at the end of three years. If all goes according to the plan, what will be the return on your investment?
Instead of putting price ceiling on medical service, some states (e.g. Texas) put cap on malpractice lawsuit compensation. In your opinion, does medical litigation promote the practice of defensive medicine?
which results in fewer kilometres between recharges. Draw a hypothetical production possibility frontier that shows this trade-off faced by Tesla engineers.
Beside temperature, can anyone help me list other examples where similar averages can be associated with very different distributions?
Write a brief report describing this study and the practical value of the solution. Describe a practical problem or article that uses probability distribution.
Assume MACRS and the current tax law. The corporation's taxable income places it in the top federal income tax bracket. New Tech's interest rate is 9%.
If market participants expect higher inflation in the future, the quantity of loanable funds demanded will increase. This will cause a movement along the demand function for loanable funds. If credit risk increases, supply of loanable funds will shif..
Suppose the own price elasticity of demand for good X is -3, its income elasticity is 1, its advertising elasticity is 2, and the cross-price elasticity of demand between it and good Y is -4.
Suppose for an economic activity, your total benet and total cost functions are B (x ) = 654x - 40x2 and C (x ) = 110x +120x2 , respectively. The corresponding marginal formulas will be MB (x ) = 654 - 80x and MC (x ) = 110 + 240x . What is your best..
How are warrants used in corporate finance? Explain what you have found through your readings and research.
Construct a choice table for interest rates from 0% to 100%.
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