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Q. why are conclusions drawn about voter sociology sometimes inaccurate
Q. Assume which an innovation reduces a industry's fixed costs also reduces cost from ATC to ATC. Before the innovation reduced the cost, the industry's maximum economic profit was
Q. If the sample size is large enough, is BIC not smaller than AIC? If not, illustrate what is the relationship between BIC also AIC?
BIC = log*SSR(p)/T*+(p+1)*log(T*)/T*
AIC= log SSR(P)/T*+(p+1)2/T*
T*=T*-p"
The relative price rule is equivalent to saying the marginal utility per dollar is the same for both goods, or goods should be consumed in the same ra5tion as their relative price.
Bud Owen operates Bud's Package Store in a small college town. Bud sells six packs for off-premises consumption.
They spend their time performing two favorite activities. Knitting scarves and making meatballs.
Health officials have suggested that the spread of AIDS can be partly contained if more males use condoms.
Illustrate what is the minimum price necessary for the company to supply one thousand cups.
When the Federal Reserve utilizes open-marketplace operations to raise the Federal funds rate several times over a yr.
Elucidate how the equilibrium quantity for the representative firm on the same graph.
Illustrate what will occur to the equilibrium price also quantity of guitar strings
Which characteristic of competitive markets permits society to answer the illustrate what to create question efficiently.
What would be the total profit of the firm if it sells the entire output at a cost of Rs. 60 per unit.
Given the demand and cost conditions, what price, output and profits result in the short run? What will happen as the firm moves from the short to the long run
One main difficulty examined in the book is the cleanup of hazardous waste sites.
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