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Q1. The average height of 27 unfertilized plants is 13 cm (s = 3.9).and you wish to test whether this differs significantly (two-sided) from a mean height of 11cm. What is the value of your t-statistic?
Q2. Specify the set of mutually beneficial allocations relative to the initial endowment and illustrate the set.
Calculate the price and quantity associated with the perfectly competitive outcome.
Illustrate what would be the price also output. Illustrate what would be the firm's profit or loss.
Keeping all elsr constant their answer would likely differ. How do you guess the interviewed will answer? Does the diference in response matter?
Describe what happens after the technological change. What happens to the wage in the long run? What happens to the population size in the long run?
In "The Consequences of Mr. Keynes," James Buchanan and Richard Wagner argue that the "unwritten fiscal constitution" of an annual government balanced budget helped restrain the growth in government, but the Keynesian argument for a balanced budge..
Evaluate the relationship between the European Euro crisis in 2012 and the American economy. Assess how this affects American businesses and decisions made by mangers related to sustainable profitability
Assume you are the plant manager for Crossroads Sign Company, which produces road signs in a market that approximates perfect competition. Due to a slow economy,
Elucidate what happens to the official measure of GDP in each of the following situations.
Suppose the real side of an economy is characterized by: Y = 80K1/2 L1/2 K=100 and L= 100 G = 3000 T = 3000
Illustrate what money supply should the Bank of Canada set next year if it wants inflation of 10 percent.
Find the cost functions for the following firms: A firm with production function f(x1,x2) = min{ 2xl,3x2} A firm with production function f(xl,x2) = 2x1 +3x2 A firm with production function f(x1,x2) = In
Which approach to motivation would you apply to encourage female associates in your firm to "self-promote" more actively. Explain your choice of approach.
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