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A recent national survey found that high school students watched an average (mean) of 7.2 DVDs per month with a population standard deviation of .90. A random sample of 35 college students revealed that the mean number of DVDs watched last month was 6.20. At the .05 significance level, can we conclude that college students watch fewer DVDs a month than high school students? State the decision rule?
Use Excel program to estimate of the state's demand for KBC microbrews in Ohio. Print (past) the computer regression output and provide an economic interpretation of the regression results.
Provide high domestic interest rates, what is the economic outlook for these Asian countries in the next few years.
Explain how much of input 2 does it use. Illustrate what is the most that it is willing to bribe an inspector to allow it to use another unit of input 1.
Compute the micro decision of Roe versus Wade actually have played a role in reducing the rate of violent crime in the 1990s? Does anyone has an opinion on this issue.
How does an active fiscal policy helps or hinder long-run growth in the economy.
Elucidate the roles of government bodies which determine national fiscal policies.
Illustrate what two kinds of changes in the capital stock can improve labor productivity. What determines the slope of the per-worker production function.
Demand for refrigerators is often explained as cyclical and very sensitive to refrigerator prices & interest rates. Given these characteristics, explain the effect of each of the following in terms of;
According to this line of reasoning, education is then "consumed" by house holds. Construct a circular-flow diagram like the one found in this chapter to represent the sector of the economy devoted to collage education.
A monopolist faces the demand curvep =11 - Q , where Q is measured in thousands of units. What is the monopolist profit maximizing price and quantity? What is the profit?
Choosing to treat price as its main decision variable, it writes profit as: ?= R- C = [P(8.5-.05P)] - [100+(38)(8.5 - .05P)] = -423 +10.4P - .05P^2. Derive an expression for M?=d?/dP. Then set M? = 0 to find the firm's optimal price
The US as well as Canada have intervened in the market and tried to internalize some of the costs of pollution by placing regulations on the amount of pollutants that industries can emit.
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