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Find the roots of each of the following functions (that is find the two X values making Y = 0). This skill may be useful in assignment 11. Example: Y= 3X2 -11X +6 is the product of (3X -2)(X - 3). If you let Y = 3X-2 then X = 2/3 will make Y = 0. If you let Y = X -3 then X = 3 will make Y = 0. Thus both X = 2/3 and X = 3 are roots. Show the algebra involved.
a. Y = 6X2 +2X -4. The two roots are X = ______ and X = ______.
b. Y = -20X2 +13X +15. The two roots are X = ______ and X = ______.
What caused the relation between the CEO and the stockholders to go so badly awry? Discuss and
Explain why monopolistic competitors earn only a normal profit in the long run. Provide an industry example to illustrate your explanation.
Using the lag specification as determined by the Standard Error of the SPAC, develop the regression results and include an interpretation of the critical stats.
Suppose that you can own a car wash and that its total cost function is C= 20 + 2Q + .3Q^2 where C = total cost (in dollars) per hour and Q is the number of cars washed per hour. You receive 5 dollars for each car washed.
If a company just started and expects huge losses for the first 2 years, would it be advisable to accelerate the depreciation on expensive assets during.
Explain how a focus on core competency could be compatible with an expanding vertical boundary; with an expanding horizontal boundary
Suppose a study finds that college students who received financial aid have a greater tendency to graduate than do college students who do not receive financial aid. What is the identification problem that the authors must solve? If the authors concl..
Calculate appropriate benefit/cost ratios and recommend an alternative. Travel time is a disband fit. The alternatives are far (F), middle (M), and near (N).
If MRS > P P , it is better for consumer to consume more of good X.
A monopolist’s marginal cost of supplying a good to consumers is ˜c = c + t (where t is a unit commodity tax). Let pm(˜c) denote the corresponding monopoly price. Sumner (1981) uses an ingenious approach to estimate the elasticity of demand—and thus ..
An unnamed economist enjoys drinking beer while watching the tv show, Game of Thrones. He (or she) can buy beer in 12 oz bottles or 16 oz bottles (real pints). What do we call the relationship between 12 oz and 16 oz bottles for this economist? In th..
If the MARR is 15% per year, what is the best option? Contributed by Hamed Kashani, Saeid Sadri, and Baabak Ashuri, Georgia Institute of Technology
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