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Consider the following regression analysis between sales (Y in $100) and social media advertising (X in dollars): Yˆ = 5400 + 9X. The regression equation implies that an:
The law of diminishing marginal productivity states that . What are economies of scale? ?What are economies of scope?
If the note matures six years from today, how much money will you recieve from all the investments? Express this also as an annual rate of return.
Aquilonia has decided to end its policy of not trading with the rest of the world. When it ends its trade restrictions, it discovers that it is importing incense, exporting steel, and neither importing nor exporting rugs.
You are in charge of making recommendations based on economic forecasts to upper management of your firm, which produces widgets, and employs 2,500 workers. what recommendations would you make to improve performance and promote better decision making..
Because of the free-rider problem
A licensing agreement is an arrangement whereby a licensor grants the rights to intangible property to another entity (the licensee) for a specific period, and in return, the licensor receives a royalty fee from the licensee. Remember that technologi..
Assume that a country has a fixed exchange rate, but that the rate is above the rate that would occur if the central bank did not intervene to maintain it. That is that the desired "e" is greater than the "e" that would occur without central bank int..
In the classic Ricardian model, international trade can lead to increases in the world output of both products and increases in consumer welfare in both countries. An increase in labor endowment will have the same effect of the Ricardian PPF as an im..
Define the correlation between two random variables X and Y. What does the correlation coefficient measure?
If a price is above equilibrium,
Note that Tulip growing is a “perfectly” competitive industry, and all tulip growers have the same cost curves (or schedule) with the standard U shaped Average Total Cost curve. The market price of tulip is $15 a bunch, and each grower maximizes prof..
Representatives were to logroll (trade votes) to get their preferred policy to pass, what would be the result. What are the total benefits from each project.
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