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What is the highest level of measurement that could be correctly applied to the variable "Population Density"?
(a) Nominal
(b) Ordinal
(c) Interval
(d) Ratio
Give a clear explanation for your answer.
country x and country y have the same level of output per worker. they also have the same values for the rate of
1. Why is a point below the production possibilities curve less efficient than a point on that curve? 2. Distinguish a change in demand and a change in quantity demanded. What are the causes of change in demand and quantity demand?
Use the utility function to answer the questions, below: (x1, x2) = exp (√(x 1 ) + √(x 2 )-Derive the Marshallian (ordinary) demand function for good1 and 2, x i *(p,l), i =1,2 . Then derive the indirect utility function (p,l).
Illustrate what is the demand and supply for labor in the unionized sector. Any surplus migrates to the uncovered sector. What is the new equilibrium wage and labor utilization in that sector.
what is the typical pattern of saving for an individual over his or her lifetime what impact does this behavior have on an individual's lifetime consumption pattern what impact does the behavior have on the saving rate in the overall economy
What is the marginal profit and total profit of a wage that is equal to $80 and an output that is equal to $3?- provide with the MRP-W labor market diagram
Estimate the Airspeed required to support the Maximum Gross Weight of your selected airplane (from 11. above) at an Altitude of 10000 ft. (As initially indicated, a more detailed table/Excel worksheet is beneficial to precision for this task.
Now the industry is confronted with government regulations to oversee the merger. Analyze how the different forces will come together to create a convergence between the interests of stockholders and managers indicating the most likely impact to p..
Suppose the CFO of a German corporation with surplus cash flow has 1 million Euros to invest. Suppose that interest rates on 1-year CD deposits in U.S. banks
You can lease the similar piece of equipment, delivered and installed, for an all-in cost of $65,000 per year, for three years, payable at the beginning of each year.
Currently the state of ohio imposes no sales tax on food products in grocery stores. Suppose that the government passed a bill to impose a $0.6 sales tax for each gallon of milk on consumers.
if the income levels of all individuals are equal the population index of demand for physician services will be
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