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Students in the red/black card game had to make individual deals. How would the situation change if they could bargain collectively?
1. (a) Consider a perfectly competitive industry that produces a total output of 190 units in the long run. Suppose there are n identical firms in the market. Each firm then produc
a) Design a simple econometric project to identify the factors that affect the demand for a good or service of your preference. Estimate the significance of these factors using mu
The following regression was estimated to explain the inflation rate in the USA. The data set contains annual observations from 1970 to 2010. Inft = 2500 + 50*Xt +
Discuss the descriptive statistics of total government expenditures and per capita government expenditures. Plot their histograms and comment.
Determine the four stationary points of the function Z= 2x 3 +y 3 -18x -12y +50 according to whether they define a maximum, minimum, or saddle point.
What is the expected value and variance of y = 3x+2 knowing that E(X) = 8 and var(X) = 4.
how weather affect the change in supply?
How to test the linear regression?
usefulness of time series in a business with a detailed explanation
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