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List two unbiased estimators and their corresponding parameters. (Select all that apply.)
μ is an unbiased estimator for x
x is an unbiased estimator for μ
p is an unbiased estimator for p^
p^ is an unbiased estimator for p
σ is an unbiased estimator for σx
σx is an unbiased estimator for σ
Draw appropriate marginal income curve. Show range over which a marginal cost curve could rise or fall without affecting cost industry charges.
A competitive advantage furthermore earns a life span income of $6 million moreover the non-steroid user earns $1 million.
Elucidate what happened to Ikonomia's net foreign assets during 2007. Did it acquire or lose foreign assets during the year.
Marginal revenue product for a price taker equals
Using the IS-LM model derive graphically derive the aggregate demand function. Fully explain each step of your derivations.
One Tuesday the government announces two new policies. First, you must pay a head tax (lump sum tax) of $3 a day. Second, the government will subsidize the purchase of apples (but not of oranges) so that the price of an apple falls to 50 cents. Draw ..
Which one of the following variables is most likely to increase as production effort is increased? Which one of the following variables is most likely to decline as production effort increases? The efficient price of a license fee is determined by th..
In determining the best variables to choose for a linear regression model scatter plots can be used. What is an indicator of a good independent variable candidate for regression analysis?
In the argument for why perfect competition is allocatively efficient, the price that people are willing to pay represents the gains to society and the marginal cost to the firm represents the costs to society. Can you think of some social costs or i..
You are the manager of the surgery department at a hospital which serves mostly Medicare patients. The hospital performs 1,000 surgical operations per year using the traditional method. Compute the total revenue, the total cost, and the profit at the..
A diminishing marginal rate of substitution implies that indifference curves are
q1. a plant has a capacity of 4100 hydraulic pumps per month. the fixed cost is 504000 per month. the variable cost is
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