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The oil price shock of 1980 sent gasoline prices sharply higher. Coal prices moved in sympathy with oil prices, with the result that coal companies earned pure economic profits. Since coal is a homogeneous good and the market is competitive, what happend in this market.
Each society in the nation is suddenly responsible for designing its own local commodity based financial system, and you have been assigned the task of selecting what commodity your society will use and how it will be implemented.
Overheard at water cooler: My regression model of demand is better than one that the consultant prepared for us because it has a higher R2.
How do the government bureaus different from private companies discuss why is there good reason to believe that bureaucrats will seek to supply more than efficient level of their output in any year?
Despite very low growth of GDP in 2008 and 2009, and still high unemployment rate of 9.5 percent in June 2010.
Dr. Izobel Stevens is physician at the Westbury HMO, a New York City based medical facility serving the poor and indigent. Stevens is estimating the cost effectiveness of a preventive maintenance event,
Determine which of the following is a test of the statistical signficiance of the entire regression equation?
Using the two economic indicators selected for your Housing Industry Overview Paper assignment, Compare and contrast at least two different eighteen month forecasts for each of the 2-economic indicators.
A major advantage of production function is that it can be easily transformed into a linear function, and thus can be analyzed with the linear regression method.
Wishwell Tile Corporation uses the number of construction permits issued to help estimate demand. The company collected the following information on yearly sales and number of construction permits issued in its market area:
Post-war Recessions in the UK - Identify the periods of recession in the United Kingdom since 1955, stating clearly the criteria that you are using to define recessions.
A company experiences rising returns to scale; that is, doubling all its inputs more than doubles its output. What can be inferred about the company's short-run costs?
Wilpen Corporation, a price-setting company, manufactures nearly 80% of all tennis balls purchased in the United States.
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