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Is it appropriate to use an OLS regression on a panel data if it yields statistically better results than a fixed effects model? OLS results provide statistically significant variables and it is an overall better fit model than fixed effects in which most independent variables lose significance?
Bud has very limited store space and has decided to limit his product line to one brand of beer, choosing to forego the snack food lines that normally accompany his business.
The economy has recently turned around, and one of your colleagues suggests that you could hire 25 people for $50,000 per employee to do the sales job as independent agents at a cost of goods sold (COGS) of only 0.5%. What concerns might you have abo..
Explain how labor market equilibrium is affected by the supply also demand of labor.
If the monopolist is operating in the inelastic range of demand,
If free trade and greater foreign competition causes markets that were previously oligopolistic to become monopolistic, is this good for the consumer? Is free trade and competition better for any workers unions that may have existed within the previo..
What will be the final level of production for the market (after a Cournot equilibrium is reached)? How much is produced by each firm?
Which one of the following would increase per-unit production cost and therefore shift the aggregate supply curve to the left?
q.a firm has developed a new product for which it has a registered trademark. the firms market research department has
Suppose there is an increase in the population growth rate. A. Show graphically how this affects the growth rate of both output per capita and total output in the short and long run.
In February 2015, Wal-Mart announced that it would increase the pay rate for all its lowest paid workers. Is this wage increase a growth in fixed costs or variable costs? Would it be affected by output? If Wal-Mart's sales drop off, how might the sto..
what he has learned to estimate the demand for ice cream in his father's parlor during his summer vacation. Using regression analysis.
The fact that many stores in the United States have found it economical to accept credit cards has: The demand for money is higher in Japan than in the United States because: Fiscal policy that decreases aggregate demand is: An inflationary gap can b..
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