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For each of the following variables indicate the level of data measurement:
a. Rating of the Netflix app (great, good, etc.)
b. Baby shoe sizes
c. The amount of $$ in your bank account
d. The preseason NFL team ranking
e. Your relationship status
f. Number of pages in a book
g. Temperature of the water in your fridge dispenser
h. Groupings of clothing in your closet (work, casual, dressy, etc)
____________ measures the percentage change in the quantity of good x resulting from a percentage change.
As parts of a project to monitor traffic in town, the governor secured a grant for $3.5 million that paid for 200 traffic cameras. If the 200 cameras are equal to 20 police agents, each having a salary of $65,000 per year, what is the rate of return ..
Oregon Department of Transportation (ODOT), a public-sector entity, is evaluating two alternate routes to I-5 in the Portland area. Route 105 will cost ODOT.
q.how do external costs level of output to produce and economic efficiency given a chartquantity private costs social
Suppose you draw a random sample from a population with a mean of 6 and a variance of 9. What is the standard error of the sample mean if the sample size is 49?
Elucidate each of the following statements using supply- and- demand diagrams. a. " When a cold snap hits Florida, the price of orange juice rises in supermarkets through-out the country."
Enron will be an example of a dysfunctional company for many years to come. It was clearly a company riddled with fraud and excess.
Suppose tariffs of $2 were imposed. Calculate the effect on producer surplus, consumer surplus, government revenue and the deadweight loss.
A risk-neutral consumer is deciding whether to purchase a homogeneous product from one of two firms. One firm produces an unreliable product and the other a reliable product. At the time of the sale, the consumer is unable to distinguish between the ..
When the Macintosh computer was introduced in 1982, Apply made it difficult for third party software developers to develop software for the platform. In contrast, Apple made it relatively easy for third party developers to make applications that ran ..
An unmarried taxpayer with no dependents expects an adjusted gross income of $70,000 in a given year. His nonbusiness deductions are expected to be $6000.
According to the article "What's Behind Union Decline" by Alejandro Reuss, what is one factor causing unionization rates to fall in the US?
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