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Blair, Judd, and Chapleau (2004) studied the influence of Afrocentric facial features in criminal sentencing. After studying 216 randomly selected cases, they found that black and white inmates received roughly equal sentences after controlling for the severity of the crime. However, within each group those with more predominant Afrocentric features received harsher sentences. (Interestingly, after controlling for severity of offence and degree of Afrocentric features, white inmates received longer sentences.)
Consider the model of demand deposits described in class. Suppose N=900,y=10,v^k-?=0.9,and X=1.2. Let each person have a two-thirds chance of being a type 1 and a one-third chance of being a type 2.v^k is price of capital
There are two workers in the economy, "A" and "B"; "A" can go to school and "B" cannot. Education increases future income according to the following function: I(e)= 50(e)/(1+e) Total cost per year of schooling equals 2, and thus: mc(e)=2.
Give some examples of scope limitations. What should an auditor do if a limitation on scope is imposed by circumstances beyond the client's control?
explain the term merit good and give examples of this.explain the term demerit goods and give examples of this.what are
On your graph label on the horizontal axis the equilibrium quantity of milk to be 2,000 gallons and label on the vertical axis the equilibrium price to be $10 per gallon.
Complete the following table for a single firm operating in labor market, A and product market, B a) What, if anything, can one conclude about the degree of competition in labor market A and product market B b) What is the profit maximizing level of ..
suppose in 2010 the cost of a market basket of goods was 2001. in 2012 the cost fo the same amrket basket of goods was
Let us imagine you are a consultant who has just been hired by a small business owner as an industry specialist. For this discussion you will identify one specific small business that you own, know the owner well or frequent as a customer.
A car rental agency is considering a modification in its oil change procedure. currently, it uses a type X filter, which cost $5and must be changed every 7,000 miles along with oil (5 quarts.) Between each oil change , one quart of oil must be add..
Discounting is examined. Suppose that individual demand for a product is given by QD=1000-5P. Marginal revenue is MR=200-0.4Q, and marginal cost is constant at $20. There are no fixed costs. a) The firm is considering a quantity discount. The firs..
Find the conventional payback period for the project. Find the discounted-payback period for the project, assuming i = 12%. Compute the net future worth of each project at i=7%.
Generic Brands is expected to earn a profit of $1 million each year forever into the future. If the interest rate is 5%, and there are 20,000 shares of company stock outstanding, how much will investors be willing to pay for a single share of Gene..
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