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Cochran and Urbanczyk (1982) were concerned with the effect of the height of a room on the desired personal space of participants. They tested 48 participants in both a high-ceiling (10 ft) and a low-ceiling (7 ft) room. Participants stood with their backs to a wall while a stranger approached. Participants were told to say "stop" when the approaching stranger's nearness made them feel uncomfortable. The dependent variable was the distance at which the participant said "stop." What should the experimenters do with their data? What should they do instead if they are unwilling to use a parametric test? (Note: The distance was greater with a lower ceiling, which suggests that interpersonal space is not dependent on just horizontal distance.)
Country A and country B have identical population growth rates of 1% per annum, and everyone in each country always works 40 hours a week. Labor productivity grows at a rate of 2% in country A and at a rate of 2.5% in country B.
Assume that operators receive $38 an hour again, but that the cost of personal calls rises to $0.75 in wasted wages. How many operators should the agency hire?
Long-Run Supply Curve of Lamps. Suppose each lamp manufacturer produces 10 lamps per hour. Complete the following table. Then use the data in the table to draw the long-run supply curve for lamp
Chez Henri is a restaurant chain that operates in forty different cities. It employed an economist to determine the factors affecting the demand for its sales.
When containers are purchased, their cost is charged to "Inventory-containers on hand."
One of the variables used in the model was political status of a country (communist, democratic, or dictatorship).
Big State U charges in-state and out-of-state student's different tuition rates. In-state students pay $2,000 a term and respond according to the following demand equation: Qi = 25,000 - 3Ti Where Qi is in-state student enrollment and Ti is in-stat..
Compute the cost to the government of this scheme.
During a year of operation, a firm collects $175,000 in revenue and spends $80,000 on raw materials, labor expenses, utilities and rent. The owners of the firm have provided $500,000 of their own money to the firm (and view that money as a loan to..
The classical approach says that monetary changes directly affect the price level,the Keynesian approach states that changes in money affect the economy only indirectlythrough changes in interest rates and investment.
The machining time per piece if 0.164 h, and the machine loading time is 0.038h. With an operator rate of $12.80/h and a machine rate of $14/h, calculate the optimal number of machines for the lowest cost per unit of output.
The target word length is about 2000 words, Vancouver style . You are encouraged to obtain information from sources other than the class notes. Please cite all sources in your list of references.
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