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Investigate the factors affecting going to college using your EAEF data set. Define a binary variable COLLEGE to be equal to 1 if S > 12 and 0 otherwise. Regress COLLEGE on ASVABC, SM, SF, and MALE (1) using ordinary least squares, and (2) using logit analysis .Calculate the marginal effects in the logit analysis and compare them with those obtained using OLS.
Select one of the sociological perspectives, the functionalist, conflict, or symbolic interactionist, and analyze the problems facing K-12 education in the United States.
Monopoly manager has the demand and cost functiones as P=200-2Q and C(q)=2000+3Q2 1- calculate the maximum profits 2- what price-quantity combination maximizes the profits 3- at the profit-maximizing price-quantity combination, what is the demand ela..
The markets for labor and office space are tight in your area. To acquire the lease and hire workers, you signed contracts requiring you to give 12 months advance notice before abandoning your lease or laying off workers
the elasticity of demand on the part of animal owners is -2.0. The research also estimates that at this price the elasticity of demand for human use would be -.2. The current price is $5.00 per dose. If the MC of production is $1, what should the ..
suppose the own price elasticity of market demand for retail gasoline is -0.8 the rothschild index is 0.7 and a typical
Suppose the production function is Q = 1.52L.6K.4, and K = 100. a. What is the equation for the average product of labor If L=50, what is the value of the average product of labor
U(C,1day-L)=4C2/3(1day-L)1/3, where C is the amount of consumption and L is the number of hours worked. If the price for consumption is $9, the wage rate per hour is $6, initially the consumer had $162 and 24 hours as time endowment;
Example: a strategic objective in the shareholder or financial perspective is to increase market share. A metric to actually measure this strategic objective of market share increase is, "The percentage of increase in market share."
What event can be used to explain the increase in the employment of information technology workers during the 1990s? What about the decrease in employment during the 2000s?
A monopolist's demand curve is described by Q = 50 - 0.5 P The firm's cost function is TC = 10 + 2 Q a) Find the profit-maximizing quantity and price. b) If the industry is regulated in a way that requires it to set P = AC
A state meat inspector in Iowa has been given the assignment of estimating the mean net weight of packages of ground chuck labeled "3 pounds." Of course, he realizes that the weights cannot be precisely 3 pounds. A sample of 36 packages reveals th..
he company is proposing to build a $10-million power plant to burn its waste as fuel, thereby saving $2.8 million a year in coal purchases. Company engineers have determined that the waste-burning plant will be environmentally sound.
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