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Question: Let Y be a Bernoulli random variable with success probability Pr(Y = 1) = p, and let Yi,...,Yn be i.i.d. draws from this distribution. Let β be the fraction of successes (1s) in this sample.
a perfect competitive firm faces a market price of 10 for its output x. it owns two plants a and b whose total costs
What is the first action you would take as the president? As the chairman of the Fed and what would be your subsequent steps?
Calculate the monopolist's profit under the following conditions. The intersection of the marginal revenue and marginal cost curves occurs where output is 20 units.
If there is an increase in labor productivity, there will be a: A. Leftward shift of the labor supply curve B. Rightward shift of the labor supply curve
1.the following table reports the consumer price index for the los angeles area on a monthly basis from january 1998 to
During the course of a year, the labor force consists of the same 1,000 people. eot to hire 20 of these people in the face of government regulations making it too costly to employ them. what is the frictional unemployment rate?
What was the dollar value of the decline in real exports between the second quarter of 2008 and the first quarter of 2009? If the multiplier is 2, holding everything else constant, what was the effect of this decline in exports on real GDP?
think about two public goods- public schools and food assistance for needy families. consider the implications of the
Should U.S. national forests become privatized (sold to private owners)? Why or why not? Be sure to back up your response with economic analysis and reasoning.
ECO365- Discuss the differences between horizontal, vertical and conglomerate mergers and how those differ from a joint venture. Prepare a 350- to 1,050- word paper detailing the findings of your discussion.
assume the following data describe the gasoline market price per gallon 2.00 2.25 2.50 2.75 3.00 3.25 3.50 quantity
Calculate the new consumer and producer surpluses after thetas has been applied and compute teetotal amount of revenue collected with the tax, and the deadweight loss created by the tax
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