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1) John is interested in the opinion of undergrads regarding the proposed increase in tuition & fees. To collect data, he hangs out and poses the following question to undergrads.
"Which of the following choices best describes your feelings about tuition & fee increases?"
a. Strongly oppose the law
b. Oppose the law
c. Support the law
d. Strongly support the law
2) Will his data be on a nominal, ordinal, interval or ratio scale?
q. firms like papa johns pizza hut as well as dominos sell pizza and other products that are differentiated in nature.
What is the probability that the top six cards of the deck are all of different types (thus, for example, at most one of those cards is an ace, at most one is a
Describe a decision-making scenario using your business experience, personal decision making or cited journal article; include an example of the decision-making process, describe the risk, and whether persuasion was used.
Which of the following events will tend to increase net exports of the United States?
The unemployment rate is declining in the USA; it is around 5%. But many people complain about underemployment, which means that they want to work full time, but they can find only a part-time job. The main concern of the second group is that the exp..
You are a manager in a perfectly competitive market. The price in your market is $35. Your total cost curve is C(Q) = 10 +2Q +.5(Q^2). What level of output should you produce in the short run? What price should you charge in the short run? Will you m..
A market is made up of two consumers. The first has a demand P(1) = 1200 – 3q and the other has demand P(2) = 1200 – 6q. There is one firm in the market acting like a monopolist with costs = Q^2 + 90,000. Assume the firm can perfectly price discrimin..
The success or failure of economic policy with regard to the twin goals may be measured by the
What are the company's capital structure weights on a book value basis?
Assume a $6 excise tax is imposed on the good. Conclude the new equilibrium cost also quantity.
Elucidate the multiplier concept as it applies in this case. Explain what are the qualifications and limitations of the multiplier model.
On Friday night, Elton and his partner Rodney are deciding where to go for dinner. The choices are Indian, Korean, and Mexican. Elton most likes Indian food and most dislikes Mexican food, whereas Mexican is Rodney’s favorite and Indian is his least ..
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