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Question: Using the cigconsumpW dataset (in long format) merge the state variable with that of the state Data Management Reference Manual dataset census 5 (apply the unique sing option since this dataset is a pure cross section). Compute the averages of pickup for subsamples of median age above and below its annual median value (hint: even, tab stat). Does smoking appear to be age related?
How might a flat tax affect efficiency? Fairness?
Returning to the duopoly of part (b),suppose Firm 1 abides by the agreement but Firm 2 cheats by increasing production. How many widgets will Firm 2 produce? What will be each firm"s profits?
draw a foreign exchange market diagram for u.s. dollar against euro euro. illustrate and explain how each of the
Homemakers are not included in the employment or labor force totals compiled by the Bureau of Labor Statistics household survey. They are included in the working-age population totals. Suppose that homemakers were counted as employed and included in ..
Analyze what is driving the increase on "donations" for certain body products. Explain the rationale for this trend.Provide an example of a time when you had to deal with opportunity costs. Describe the situation and how you responded.
From the second e-Activity, analyze the different types of unemployment and determine which is the most costly to the U.S. economy. Explain your rationale.
What is economics? What role does economics play in your personal and organizational decisions? Provide an example of the role of economics in decision making.
In the numerical example given in the text, the inverse demand function for the delectable resource is P = 8 - 0.4q and the marginal cost of supplying it is $4.
some analysts have argued that the best vertical market situation for a firm to possess competitive advantages while
Analyze and recommend a strategy for communicating the policy to the organization in a manner that meets the needs of the audience. Specify potential limitations of the policy and strategies for monitoring and compliance.
A major employer has just added health insurance coverage for its employees. Consequently, 5,000 of your patients will pay a $30 copayment rather than the list price of $100 per visit. These patients average 2.2 visits per year.
Faced with a reputation for producing automobiles with poor repair records, a number of American companies have offered extensive guarantees to car purchasers. In light of your knowledge of the lemons market, why is this a reasonable policy?
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