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Q1. Using the formula for β^1 and β^0, show what will happen to the estimator of the slope and intercept in the SLR model if y is multiplied by the constant k, and at the same time x is multiplied by the constant m.
Q2. At the local gas station, the price elasticity of demand for gasoline is 0.4 at the current price of $3.50 per gallon and the current quantity demand of 6,000 gallons. The gas station is about to increase the price to $3.85 per gallon. How many gallons of gas will be sold at this higher price?
The biggest difference between Microsoft and software retailers is the market structure in which they operate.
Given your understanding of bond markets, what signals is the the bond market sending in response to the downgrade. Is this problematic.
Fully explain your answer in a way that shows your understanding of monopolies. Your paper should be two to three double-spaced pages and formatted according to APA style as outlined in the Ashford Writing Center.
If the returns of the risky portfolio are normally distributed, what is the probability of returns being less than 29%.
The social security system levies a tax on workers and pays benefits to the elderly. Suppose that Congress increases both the tax and benefit.
Why might bad cars drive good cars out of the used-car market. Give at least two possible solutions to resolve this paradox.
If the foreign country enters the market first, determine the equilibrium price and quantity. Will both countries produce. Show both average cost curves and the equilibrium.
Can you think of circumstances in which each industry would exhibit the same capital-labor ratio in both countries.
Explain how it will affect the number of employees you schedule. All other things being equal, what will happen to prices of the Galaxy and the iPhone.
Jim Vendors is viewing about manufacturing a new type of electric razor for men. If advertise were favorable, he would get a return of $100,000.
Jane wants to buy a beautiful doll as a gift for her sister's birthday. What is the advantage to society to correct the externality?
Write down the budget constraint of the representative consumer and Write down the maximization problem of the representative consumer and find labor supply
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