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Will robots take away human jobs and leave nothing for us to do, or will we come up with new career fields because of the new technology? Explain your answer. What do you find most exciting or unsettling about the growing use of technology in the workplace and society? Which jobs do you think are most at risk, and how might people currently employed in those careers train for new positions? (Or what do they do instead?)How will societal changes, such as innovations mentioned above, impact you individually, your workplace, your career field, and society overall? How do you think technology will impact jobs in the future, and how might you take steps to adjust to the larger social changes? What sort of training and skill development do you think you will need in your chosen career path to keep up with innovations?
Design a simple econometric research project
Multiplicative decomposition method
The Australian government administers two programs that affect the market for cigarettes.
Solve the forecast model
What are the marginal abatement cost functions for each of the two areas? Calculate the loss in the two areas due to over-control (for the rural area) and under-control (for the urban area).
Explain why this model violates the assumption of no perfect collinearity. Write the t statistic for testing the null hypothesis
What is economics system? What are the types of economics system? Briefly explain each type of economics system by giving examples of nations that are close to each type
Determine when a competitively produced product generates negative externalities in production, the industry will,
Assume a company has the following production function: Q = 100 K.5 L1 . Currently, the company hires 1,000 workers and employs 100 units of capital.
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.
Auto Data manufactures custom engineering testing machine. The following 5-orders are currently in the design department:
Briefly discuss the difference between mechanism of an oral or English auction and a Vickrey or second price auction.
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