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Question - Read the article "Are Emily and Greg More Employable than Lakisha and Jamal? A field Experiment on Labor Market Discrmination" by M. Bertrand and S. Mullainathan posted on blackboard.
Write a one page summary of the article stating its main question, empirical strategy used (explain why they chose to use it) and main conclusions. Also add a paragraph with your assessment of the article (for example, do you find weaknesses? what are the main strengths?
Average cost includes both fixed and variable costs
Say half of the cost of producing wheat is rental cost of land (a fixed cost) and half is cost of labor and machines (a variable cost). If the average total cost of producing wheat is $8 and price of wheat is $6, what would advise the farmer to do..
Show that for an inferior good the demand curve for Marshall is steeper than the Hicksian demand and show the effects
MBAA 523- First, briefly explain how Airbus and Boeing develop their 20-year forecasts. Note the factors that influence projected air travel growth; some factors affect the demand curves while others influence supply.
Use EAWs to calculate the benefit/cost ratio at i = 6% for a new library. The first cost is $500K, and O&M costs are $100K per year.
What does the Phillips curve show? In ‘new' macroeconomic models, what effect will an increase in aggregate supply have on prices and unemployment?
what is the consumer expenditure survey ce? how has the survey behaved since the year 2000? what have been the causes
Derive the growth rates for the decentralized economy and for the social planner. Comment on how the scale effect discussed in Section 4.3 does not appear with this new specifcacation.
Why have average hours worked per week declined? Why did the labor force participation rate of women increase so much in the past century?
Describe two different aspects in which a monopolistically competitive firm behaves like a perfectly competitive firm - When the possibility of collusion exist
Summarize your strategies for successfully implementing the change plan in order to address the internal or external pressure.
EconS 451- Summarize in a table and graphically the number and percent of UPC's by Brand. Summarize in a table and graphically percent of sales by Brand. Summarize in a table and graphically percent of sales by flavor.
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