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Chell's demand function is P(ch) = 5-q(ch).
Gordon's demand function is P(g)= 3-q(g).
Draw the aggregate demand curve. What is the consumer surplus with the price is $2? Explain.
Plot the level and first difference of lnrgdpaus and briefly comment on the graphs and obtain the sample correlograms of the level and first difference of lnrgdpaus for 20 lags. What do they suggest to you?
The following table is the pay off matrix for zero sum game. Estimate the each players dominated strategy of the following zero sum game?
Simple linear regression predicting the change in performance (in seconds taken to run a race) for 800m runners by the average hours of training undertaken per week during the pre-season.
Examine and interpret information trends over the most recent 3-year period to evaluate the economy and Canada's current economic status.
Determine national income (NI) for 2008 and what does national income tell us? Discuss the difference between GDP and NI?
M-commerce also known as mobile commerce is being lumped in with several strategic internet plans. Explain some of the industries that are likely to use mobile commerce and how it is working for them.
Write the function for the indifference curve and graph it when U=10 and U = 20. b) Write the function for the budget constraint and graph it.c) What are the utility maximizing amounts of X1 and x2 given the budget constraint? d) Would your answer..
Use the following equations for demand and supply to solve for market equilibrium price and quantity: Demand: Qd = 100 - 4P Supply: Qs = 10 + 6P
In a country, output is produced with labor and physical capital. The production function in per-worker terms is y=k^1/2. The depreciation rate is 2%. The investment rate (&) is determined as follows: &=0.2 if y
A labor economist estimates a regression of log earnings on schooling, experience, ability, as measured through, and interactions in schooling and experience,
On the basis of the information regarding the risk involved in the two projects, you come up with the following probability distributions for the projects:
Acme Water is a privately owned firm that is sole supplier of water to a rural town in Pennsylvania. The owner of company has provided the manager of firm an incentive to maximize company's profits,
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