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Does the best regression model have significant multicollinearity?
A. No since the D-W statistics is below 2.5.
B. No since the VIFs are below 2.5.
C. Yes since the F value is very high at 745.9.
D. No since the constant term is significant.
E. Yes since the DW statistic is below the lower table value for this model.
Consider a free market with demand equal to Q = 60-4P and supply equal to Q=2P. What is the value of consumer surplus? What is the value of producer surplus?
Sketch the payoff matrix for this game. Identify any possible Nash equilibria in pure strategies for this game."
q1. suppose a consumer has an income of 500 and faces prices px5 and pz10. write the equation for the budget
Supply and demand are foundational concepts in understanding economic theory. Whether you are a coffee drinker or not, you have been tasked to examine the impact of supply and demand when dealing with the coffee retail industry.
The taxable income excluding depletion is $50,000. Find the allowable depletion charge for that year. Answer $30,161 $25,000 $50,000 $97,500
Assume there is a duopoly with the following demand equations Q1=30-P1+P2 and Q2=30-P2+P1. Marginal cost are given as MC1=6, MC2=0. Calculate the Bertrand solution. What are the reaction curves?
how much of the differences in output per worker between Spain and India can be explained by differences in total factor productivity and how much can be explained by differences in capital per worker.
Which of following is equivalent to marginal propensity to consume. If incomes increased by $20,000, government purchases are fixed at $10,000, investment spending is fixed.
Illustrate what is the unemployment rate. Karen sharpens knives in her spare time for extra income.
how would you describe balance between costs of automation, or fixed costs and costs of labour, or variable costs. How has Internet changed balance between automation and labou.
q.the dodge city bank is planning its loans for the next several years and is using a model of loan demand developed
Explain where is the economy operating relative to its potential GDP
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