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(a) What are the functions of econometrics?
(b) What aspects of econometrics (and other social sciences) make it basically di?erent from most physical sciences?
below is a summary of the economic situation as of 2013.1 equals 0.6 pound.u.s. interest rate is 0.02.u.k. interest
suppose honey is produced in a beehive using bees and sugar. each honey producer uses one beehive which she rents for
Initially, Michael has 10 candy bars and 5 cookies, and Tony has 5 candy bars and 10 cookies. After trading, Michael has 12 candy bars and 3 cookies. In an Edgeworth box, label the initial allocation A and the new allocation B.
Suppose you are the manager of College computers, a producer of customized computers that meet specifications needed through the local university.
What type of market do you think your franchise operates and What type of competition does your firm face? Who are some competitors? (Even if you said your firm is a monopoly, think of some subsitutes.)
As a business owner making a final decision regarding the international aspects of a business decision, you may decide to set up a table with the risks and weigh their relative importance against the rate of return you foresee.
What are usury laws? Why do economists hate them and explain why a dollar today is worth more than a dollar you will have in the future.
he average product of labor is the total quantity of units produced divided by number of working hours. The marginal product of labor is how many extra units are produced if we add one more unit of labor:APL = q/L , MPL = Δq/ΔL
Economic opportunities happen from nations which develop industries in which they have a comparative advantage and describe the concept of comparative advantage.
Why is a common analysis period necessary in comparing mutually exclusive alternatives by the "Present Worth Method", but is not necessary in the "Equivalent Uniform Annual Cash Flow method"?
If the average shooter aims at someone, he will hit them half of the time. If the drunk aims at someone, then he will hit them only ten percent of the time. Once someone is hit, they are out of the game, with the winner being whoever is the last r..
How does a Procurement Department support a Manufacturing Assembly Floor How does a Procurement Department ensure the success of a Manufacturing Assembly Floor
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