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It has been known for some time that men with older brothers are more likely to be homo- sexual than men without older brothers. One explanation for this effect has been that this is a phenomenon of socialization related to the environment in which males are raised. Bogaert (2006) investigated this possibility by studying 944 people and looking at the number of older brothers and sisters an individual had and whether those were biological siblings or step-siblings. With older biological brothers the probability of homosexuality increased from 3% to around 5%, but there was no similar increase with older stepbrothers or with biological sisters or stepsisters. How should Bogaert analyze these data?
what determines whether a financial asset is included in the m1 money supply? why are interest-earning checkable
Innovation lagged in the centrally planned economies because: there was too much domestic business competition. there was too much competition from foreign firms. A positive statement is one which is:
Describe the economic outcome of this single-price monopoly in terms of profit. Provide one supporting fact to support your response and What is each country's opportunity cost of producing gloves and hats
Assume that labor supply is perfectly inelastic. If the demand for labor is inversely related to the real wage, what would the effect of a minimum wage be if it was an effective price flor in the labor market
Describe why some firms might suffer diseconomies of scale. Do you know any examples? Could GM be an example of diseconomies of scale?
1. a consider a demand curve of the form qd20-2p. also consider a supply curve of the form qs2p-4. graph both curves
If good X is normal and good Y is inferior, following a loss of income: The consumer's utility will be unchanged.
Compute the profit maximization level of activity. Compute total revenue, total cot and profit or loss at profit maximization level of activity. Compute elasticity of demand at profit maximization. Compute the breakeven level of activity.
A business owner used a revenue function and a cost function to analyze his monthly sales. One month he found that with a sales volume of 600 items he had revenues of $10,200. Another month he had total costs of $4,700 on a sales volume of 400 items...
Describe the specific target market - Develop strategies for entering the target market
What assumptions must hold for OLS to give an unbiased estimate of β1, the structural effect of increasing the police budget on the murder rate?
Describe how stock prices are determined in stock markets and how derivatives can be used to hedge or speculate on stock prices.
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