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Andy Freeman is a sales representative in a rural area, selling herbicides to farmers. He drives close to 1,000 miles every week that he is on the road. Many of the miles are on dirt roads. From an asset ownership point of view, what type of car should he buy?
Estimate the regression coefficients using ordinary least squares also interpret them. Predict the weekly sales for a store with 10 feet of shelf space situated at the back of the aisle.
Calculate a marginal cost as well as an average cost schedule for the firm.
Population growth in developing nations has proceeded at unprecedented rates ower the past few decades.
The economy is made up of C and I and is currently at full employment. If consumption is $5 trillion while savings is $1 trillion, what is present investment according to classical economists.
Illustrate what the reason which individuals households at some time in their lives spend more than they earn and at other times save some of what they earn.
Find the total quantity produced also every firm's profit in equilibrium. Express Illustrate what happens to these when Firm 1 changes its technology as above.
If David's only illness this year results in an appendectomy, explain how many days will he choose to stay in the hospital.
If American cheese also cheddar cheese are substitute afterward which of the following would increase the demand for cheddar cheese.
Using your understanding of shifts in supply also demand, will this turn out to be a helpful or hurtful move on the Kenyan government's part.
Which of the two nations has better prospects for the future and why. Provide a reasoned opinion.
What is the social optimum quantity and price. Calculate the total surplus in the market equilibrium, at the social optimum and with the tax.
Illustrate output quota q1 would the typical firm have to be limited. Explain how much would it like to produce.
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