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I have a time series set of data of workers in motor vehicle industry from 1972-2001 (in thousands) as well as average weekly hours of workers in motor vehicle industry and also motor vehicle output (in billions of dollars). I need to measure productivity, as either output/unit of labor or else output/hour, but I need to know how I should exactly compute this, if it is measured in dollars or? and how to calculate it for the best measure of productivity?
A firm operating a chain of drug stores consider to open a new store in one of locations. The management of firm figures that at the 1st location the store will show an yearly profit of $20,000 if it is successful and an yearly loss of $2,000 if it i..
Determine when a competitively produced product generates negative externalities in production, the industry will,
What are the marginal abatement cost functions for each of the two areas? Calculate the loss in the two areas due to over-control (for the rural area) and under-control (for the urban area).
M-commerce also known as mobile commerce is being lumped in with several strategic internet plans. Explain some of the industries that are likely to use mobile commerce and how it is working for them.
A student is taking two courses, history & math. The probability the student will pass in the history course is .60 and math is .70. The probability of passing both is .50.
3-defective electric toothbrushes were accidentally shipped to a drug store called Clean brush items along with seventeen non-defective ones.
Explain why this model violates the assumption of no perfect collinearity. Write the t statistic for testing the null hypothesis
An analysis of stock market manufactures the following data about the returns of two stocks.
What is economics system? What are the types of economics system? Briefly explain each type of economics system by giving examples of nations that are close to each type
The local operations manager for IRS must decide whether to employee 1, 2, or 3 temporary employees. He determine that net revenues will vary with how well taxpayers comply with new tax code.
The following table is the pay off matrix for zero sum game. Estimate the each players dominated strategy of the following zero sum game?
The Australian government administers two programs that affect the market for cigarettes.
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