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Ask question #are there any welfare or subsidy payment that should be reviewed or added?
what is the importance of price
1. (a) Consider a perfectly competitive industry that produces a total output of 190 units in the long run. Suppose there are n identical firms in the market. Each firm then produc
I need help on using eviews for Iterated cumulative sums of squares (ICSS) algorithm for detecing structural break. How much would it be?
demand for tea, Y, are assumed to be affected by income of students, X. A simple linear regres-sion analysis was performed on 20 observations and the results were: Independent vari
what model should i use for economic services and how to run spss for the same?
#what is economics
Paul's utility function is u(x, y) = xy 2 . Let unit prices be given by Px = 6 cents, Py = 2 cents, and assume that Paul's budget is the same as Peter's from the previous problem
Replicate the estimations in Table 2 on page 82 of Graddy (1995), but excluding the data of King Whiting.
HOW TO USE CORRELATION OF THE OFF DIAGONAL ELEMENTS OF THE COVARIANCE MATRIX TO DETECT MULTICOLINEARLITY
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