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A researcher is interested in the relationship between leisure time physical activity, diet, extracurricular activities and hours of sleep with cardiovascular fitness in children ages 6 through 12. She will recruit 100 children to participate in the study. Cardiovascular fitness will be assessed via a 6-minute walk test. Leisure time physical activity, diet, extracurricular activities and hours of sleep will be assessed through questionnaires completed by their parents.
What are the dependent variables, difference/relationship, and independent variables. And Why?
According to theory of tax assignments, local governments should use redistributive taxes to fund their operations. Clearly indicate whether the statement is true, false, or uncertain and defend your answer.
Suppose you are studying the recent rise in shale energy. You know the inverse private demand function for shale energy is P = 100 - Qd. The private supply of shale energy is P = Qs. However, shale energy can potentially lead to pollution. The margin..
Discuss the following statement: In the real world there is no industry which conforms precisely to the economist’s model of perfect competition. This means that the model is of little practical value’. Illustrate with a diagram and explain the short..
In accordance with the law of supply, if the price doubled, the quantity supplied would generally ______. A shift in the supply curve for gasoline in the United States would result if _______. A typical demand schedule shows higher sales at lower pri..
During the course of one day, airlines cut fares on nearly 35,881 routes. (a) Briefly explain why airlines might be more likely to match price cuts than price increases. (b) Which theory of oligopolistic behavior does the above situation most res..
The annual fixed costs for a manufacturing plant are $100,000 and the variable costs are $140,000 at 90% utilization of available capacity, with net sales of $300,000. What is the breakeven point in units of production if the selling price per unit i..
The automobile industry is one of the industries seriously affected by the recession that began in late 2007. General Motors and Ford are among the companies affected by this economic slowdown. They responded, among other measures, by downsizing and ..
A firm's Total Cost function is given by the equation: TC = 4000 + 5Q + 10Q2 a. Write an expression for each of the following cost concepts: -total Fixed Cost -average Fixed Cost -Total Variable Cost -Average Variable Cost -Average Total Cost -Margin..
Arwen-i has income=96 and faces prices Px=4 for Good X and apt=10 for good Y. Find Arwen's Marginal Rate of Substitution and her utility maximizing bundle for each of the following utility functions.
A growing number of businesses—including videogame developers, cigarette companies, soft drink producers, liquor marketers, and fast food chains—are feeling the heat from government, the press, and society at large for encouraging harmful consumer ha..
A permanent increase in government purchases has a larger effect on national savings than a temporary increase of the same amount
A price index measures:
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