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A regression analysis between sales (in $1000) and advertising (in $100) resulted in the following least squares line: = 75 +6x. This implies that if advertising is $800, then the predicted amount of sales (in dollars) is:
a. $4875
b. $123,000
c. $487,500
d. $12,300
Explain the aspects of expansionary and contractionary fiscal policy. During which phases of the business cycle would each be appropriate?
What is the average fixed cost of producing 4 units of output and What is the marginal cost of producing the third unit of output.
A firm has enough retained earnings to finance an investment project. For this firm, the market interest rate:
The average price of red stubble is about $8 per kilo also the fisher people's revenues for catching red stubble immediately cover their costs.
Without free trade, Diamonique has market power as a local producer. Once free trade is implemented in the local economy, Diamonique is no longer able to raise its prices above competitive levels.
Write down the budget constraints when young also when old also the lifetime budget constraint for both types of consumers.
The production of any goods or services requires the allocation of resources that otherwise could be used to produce other goods and services, given the available technology.
q.historically there has been a bias against the election of women for public offices in india. since the mid-1990s one
Explain why does MySpace attract so many visitors. Why does MySpace attract so many visitors.
Cournot (quantity) and Stackelberg (sequential) Two identical firms, Firm 1 and Firm 2, compete in quantity in a market where inverse demand is P(Q) = 100 − Q and there exists a constant marginal cost of 20 per unit. Find the quantities ˆq1 and ˆq2 c..
what might prompt the government to establish this price ceiling? next suppose that the government establishes a price floor of $4.60 for wheat. what will be the main effects of this price floor?
Which of the below are examples of substitute goods
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