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Using derive the least square estimators. Where the lower case letters represent deviation from the variable’s mean. If you use upper case notation then the estimators become:
The market for physiotherapists is competitive. Chiropractic services and physiotherapy services are substitutes. Currently the price per visit is $40 and the quantity utilized is 30,000 visits annually. Physiotherapists face stiff competition from c..
How long will it take for Avataria with a growth rate of 6% to triple its income? What about Twilightia with a growth rate of 18%? Will it be correct to say that Twilightia will triple its income 3 times faster than Avataria? If no, then what is t..
If average variable costs are assumed to remain constant over a 10 percent increase in output, evaluate the effects of the proposed price cut on total profits.
Personal income and spending: How much has personal income changed in the last two years? Identify any problems the government needs to address, and possible solutions?
Organizations often find that they need to develop new skills and abilities in order to expand their operations internationally. Consider the differences between operating in one country and operating in many countries. Write an essay describing the ..
The A2X company has made it a financial goal to buy its own building in 6 years. A2X estimates it will need $46910 for a down payment. The local bank pays 3%, compounded annually. How much should the company invest in the bank today to have its down ..
How do the following activities contribute to the US Economy? Explain your answers clearly and be precise.
Explain what caused the Great Recession of 2008 and then assess the fiscal policy responses of the federal government and the monetary policy responses of the Federal Reserve
In the Classical growth model:
An industry's marginal abatement cost is MAC=2000-e. regulator controls emissions by selling 500 permits. Though, industries are also given option of paying a fee of $1000 per unit of emissions for which y do not hold a permit. Draw a diagram illu..
The cost of grading and spreading gravel on a short rural road is expected to be $ 300,000. The road will have to be maintained at a cost of $ 25,000 per year. Even though the new road is not very smooth, it allows access to an area that previously c..
Is the online book retail industry qualified as a perfectly competitive market by the four market characteristics listed in the lecture note? If not, what characteristic(s) is (are) not met? There are so many companies having websites to sell their p..
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