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Run a multiple regression that has the maintenance cost as the dependent variable and the age, miles per month, and Gasoline dummy variable as independent variables.
A new car is purchased for $12,000 with a 10% down, 9% loan. The loan is for 4 years. After making 30 payments, the owner wants to pay off the loan's remaining balance. How much is owed?
Extensive margin models use Rogerson (1988) style lotteries in order to simplify the savings problem under non-full-insurance.
A statistics practitioner drew a random sample of 400 observations and found that x bar = 700 and s = 100. Illustrate what is total amount of output firm should produce.
P1=150-10q1 and P2=250-10q2. Marginal cost is constant at 10. If a monopolist can price discriminate what is the profit maximizing price for the combined markets?
Suppose you are given the following Total Product Function: Q=100 K^3/2 L^4/2 M^4/7 ,where Q is total output or units produces; K, capital; L, labor; and M, materials.; that is, this is a input factor production function. Find the Average products of..
Explain how a bandwagon effect might speed up the rate at which DVD players are adopted by consumers. Do likewise for the case of cable television subscriptions.
explain both the minimum and the maximum cardinality
Idle Time Gaming, Inc. relied on an extensive __________ system where its employees could share information between departments; and, departments such as human resources could share payroll information with respective employees. Persons outside the f..
The manager of a corporate division faces the posibility of an audit every year. She prefers to spend time preparing if she will be audited; otherwise, she would prefer to invest her time elsewhere.
Suppose its GDP grows by 1% in the next year and the budget deficit is again $100 billion. Compute its new level of national debt and its new debt-GDP ratio.
Illustrate what does your anticipated adjustment process imply about the CR for the industry. Industry B has 20 Industries also a Concentration Ratio (CR) of 80%.
Compute the new equilibrium wage and the new number of jobs. Will the number of jobs increase or decrease.
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