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A presidential candidate has decided to enter primaries in those states in which at least 20% of voters support her. Random samples of 200 voters were taken in each of a number of states. In New Hampshire, 33 voters supported the candidate. Test at a 5% level of significance to determine whether the candidate should enter the New Hampshire primary. What is the p-value for this test? What is your conclusion?
What does Autor mean by "polarization of job opportunities?" Illustrate what is the primary cause of this polarization.
mechanical engineer who recently graduated with a masters degree is contemplating starting his own commercial heating
Draw a diagram showing the combined labor market for secretaries, nurses, and teachers. Draw a diagram showing the combined labor market for all other fields. In which market is the wage higher? DO men or women receive higher wages on average?
Explain briefly why TOTAL profit (profit from entire sales) is still likely to be lower with this pricing scheme than with perfect price discrimination, despite charging a fixed fee equal to the entire Consumer Surplus of a typical consumer?
Determine the minimum average cost of the firm with these different order sizes.
Suppose that you have two people in an economy, Ms. Hundley and Mr. McKenna, who want to produce a public good S. Suppose we calculate the Lindahl equilibrium using the method in your textbook
Suppose the demand functions facing the wireless telephone monopolist are QdL=80-50P for each low-demand consumer and QdH=2000-50P for each high-demand consumer, wherePis the per-minute price in dollars. The marginal cost is $0.10 per minute. Suppose..
Illustrate what is worth analysis and Illustrate what things and conditions are to be kept when doing worth analysis of products and or construction work. Illustrate what are advantages of utilizing yearly worth analysis.
Compute the arc price elasticity of demand for the price of paperback books falling from $7.00 to $6.50, the quantity demanded rises from 100 to 150.
Operating expenses are expected to be $2000.00 the first year and increase by $500.00 each year during the life of the equipment. Is this is a good investment assuming equivalent annual methods?
What would happen to the demand curve if the major taxi companies lowered their prices? If you were asked to forecast future demand for this firm, how would you set up a forecasting model?
A firm that makes car parts wants to adopt pay schemes that will best motivate its various workers to be productive and they hire you as a consultant. The firm is able to accurately measure the productivity of individual workers who make windshield w..
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