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Agree or disagree (and justify your answer): If the distribution of u in a population regression model is not normal, then the OLS estimators are not BLUE.
Find the probability that on a given Tuesday more than 30 students will be absent and compute the expected value of X
Rabi Abdullahi and other Nigerian children filed a suit in a U.S. federal district court against Pfizer, alleging a violation of a customary international law norm prohibiting involuntary medical experimentation on humans. Did Pfizer violate any e..
Why might price collusion occur in oligopolistic industries Assess the economic desirability of collusive pricing. What are the main obstacles to collusion? Speculate as to why price leadership is legal in the United States, whereas price-fixing i..
suppose there are two firms with one demand function. this same common demand function is from hwq 1000 - 40p
Describe benefit and cost externalities. List the reasons for lack of optimal allocation of resources in each case. Explain the need for government intervention in case of market failure due to externalities. Explain why government intervention may n..
In the model of a dominant firm, assume that the fringe supply curve is given by Q= -1 + 0.2P, where P is market price and Q is output. Demand is given by Q = 11-P.
course description a development of value and distribution theories. detailed analysis of the reactions of consuming
all other factors held constant what would be the effect on the demand for money m1 of each of the following
Let the utility function be U = log(x) - l, where l is labour and x is consumption. Find the level of labour supply if the wage rate w=10.
consider a consumer with utility ux y radicxy . the consumer has 100 to spend and the price of x is 5 and the price of
the real exchange rate is the nominal exchange rate, defined as foreign currency per dollar, times 1. US prices minus foreign prices 2.prices in the US divided by foreign prices 3.foreign prices divided by US prices 4.none of the above
explain how the circular flow diagram relates to the current economic situation. using the circular flow diagram
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