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This project is aimed at developing a web-based system, which manages the activity of "Student Project Management" and "Online Testing". This system will manage the database and maintain a list of all student groups that have registered on this site, conduct their online test and shortlist those students who have passed the eligibility criteria as set by the professors. Can you provide me with the Software Requirement Specification of this too?
Elucidate how each of the following changes would shift the aggregate demand curve.
Is there an externality? If so, describe it, including references to whether it is positive or negative, and whether it is a consumption or production externality. If there is an externality, does it seem likely that private markets will arise tha..
Suppose that the MPC has a value of 0.95. If this is true, then a $10 million increase in disposable income (YD) will have what impact on the value of total consumption in the economy?
Suppose you have estimated the supply curve for the local labor market as: Qs = W - 5, where W is the hourly wage and Qs is the quantity of workers willing to work at each wage. You have estimated the demand curve for the local labor market as: Qd..
Analyze the data you have selected to determine how to use them to make appropriate economic decisions for an organization. As you are analyzing the data, apply econometrics methods (linear regression, statistical mathematics, nonlinear regression..
Describe how companies use economic forecast to make economical decisions and how companies make important decision with so much economical unrest.
A monopolist sets price at $10 and sells 100 units. The corresponding marginal revenue is $5 and the marginal cost is $3. What recommendation regarding price and quantity would you give this monopolist? Use a graph to help explain you answer.
Question 1: Using supply and demand analysis, explain and illustrate graphically the effect of the following situations. Population growth surges rapidly; The prices of resources used in the production of good X increases;
The Subway fare in your town has just been increased from a current level of .50 cents to a 1.00 per ride. As a result, the transit authority notes a decline in ridership of 30%. a. Compute the price elasticity of demand for subway rides.
The government places a price floor on milk which is below the current equilibrium price of milk. The number of children who drink milk and the number of farmers who produce milk increase at the same time.
(a) Based on dividing the amount of interest equally between the first and second halves of the year, state the rate of interest for a 6-month period (simple interest method).
carl has a utility function over two goods apples a and bananas b given by . where min is the minimum function i.e.
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