qm2-all-tutorial-answers-organized-by-week

ework (Ch 09) 4.00 3.50 Monopoly Outcome 3.00 ATC 2.50 Profit 2.00 1.50 Loss MC 1.00 K 0.50 D 2.0 QUANTITY OF OUTPUT (Thousands of cans of beer) 0.5 1.0 1.5 2.5 3.0 35 4.0 Suppose that BYOB charges $2.75 per can. Your friend Musashi says that since BYOB is a monopoly with market power, it should charge a higher p of $3.00 per can because this will increase BYOB's profit. Complete the following table to determine whether Musashi is correct. If BYOB is suffering a loss, enter a negative value for profit. Price (Dollarc nor can) Quantity Demanded Total Revenue Total Cost Profit nollare) nallare) IDallare-1 17 + ho. 144 DII DDI & * 5. 6. 7. 8. ba R PRICE AND COST PER UNIT (Dollars per can)

NOMETRICS I| / My courses / Faculty Of Economics & Administrative Sciences / ECON309 / Finals/ ECON 309 Final Exam Assignm 15. Interpreting the intercept in a sample regression function is Oa. reasonable because under certain conditions the estimator is BLUE. of Ob. reasonalble if your sample contains values of Xi around the origin. tion Oc not reasonable because economists are interested in the effect of a change in X on the change in Y. d. not reasonable because you never observe values of the explanatory variables around the origin. Next page

quiz 1 (page 1 of 5) 105 econ مبادئ في الاقتصاد الرياضی ش 2 و ش elearning yu.edu.jo Question 1 Not yet answered Question 3 Marked out of 1.00 Not yet answered Marked out of 1.00 **Assume that you have the following equations: Simplify the following expression: 3X(8x+9)- X(X+7) 4P+4Q=16 2P-Q=2 The equilibrium price is: O a. 23x2 + 20X O a. P=5 O b. X2-30X O b. P=6 O c. 25X2 + 32X Oc. P-2 d. 21X2-24X O d. P-4 e. None of the above O e. None of the above Clear my choice Clear my choice Next page Next page Quiz navigation Quiz navigation 12 31 4 ...

This is not the same problem, I need help with the problem i submitted

Southeast Asia’s online shopping boom is here to stay, even after the pandemic Southeast Asian shoppers will likely continue buying groceries and other essential items online — even after the coronavirus pandemic ends, according to research from consultancy Bain & Company and Facebook. A new report from the two firms said e-commerce and other digital trends across the region were accelerated by the Covid-19 outbreak — the disease that has infected more than 7 million people worldwide. “Some of these trends are here to stay,” Praneeth Yendamuri, a partner with Bain & Company based in Singapore.“One of the trends we identified was essential online shopping, and that’s here to stay,” he told CNBC’s “Street Signs” on Tuesday. He explained that online groceries are a massive category that is relatively underpenetrated due to logistics and other reasons. But the sector grew nearly three times during the outbreak in Southeast Asia, and one in three users who were surveyed said they…

For a certain company, the cost for producing x items is 60x + 300 and the revenue for selling x items is 100x – 0.5x². - The profit that the company makes is how much it takes in (revenue) minus how much it spends (cost). In economic models, one typically assumes that a company wants to maximize its profit, or at least wants to make a profit! Part a: Set up an expression for the profit from producing and selling x items. We assume that the company sells all of the items that it produces. (Hint: it is a quadratio polynomial.) Part b: Find two values of x that will create a profit of $300. The field below accepts a list of numbers or formulas separated by semicolons (e.g. 2; 4; 6 or x + 1; x – 1). The order of the list does not matter. To enter va, type sqrt(a). x = Part c: Is it possible for the company to make a profit of $15,000?

Session 2 Questions 44 and 45 are open-response questions. ws BE SURE TO ANSWERAND LABEL ALL PARTS OF EACH QUESTION. Show all your work (diagrams, tables, or computations) in your Student Answer Booklet. If you do the work in your bhead, explain in writing how you did the work. Write your answer to question 44 in the space provided in vour Student Answer Booklet. The graph below shows the birth rate and the death rate of a mouse population ovet a three-year period. The immigration rate and the emigration rate of the population are equal. 44 Birth Rate and Death Rate of a Mouse Population Year 3 Year 2 Year 1 Time Key Death rate Birth rate a. Describe what happens to the size of the population for each year shown on the graph. Explain your answers. b. Identify three factors that could affect the death rate of the mouse population, and explain why each factor affects the death rate. 100 rient. Birth and Death Rates

92. Based on Garvin et al. (1957). Ole Oil produces three products: heating oil, gasoline, and jet fuel. The average octane levels must be at least 4.5 for heating oil, 8.5 for gas, and 7.0 for jet fuel. To produce these products Ole purchases two types of oil: crude 1 (at $12 per barrel) and crude 2 (at $10 per barrel). Each day at most 10,000 barrels of each type of oil can be purchased. Before crude can be used to produce products for sale, it must be distilled. Each day at most 15,000 barrels of oil can be distilled. It costs $0.10 to distill a barrel of oil. The result of distillation is as shown in Table 4.55. Distilled naphtha can be used only to produce gasoline or jet fuel. Distilled oil can be used to produce heating oil or it can be sent through the catalytic cracker (at a cost of $0.15 per barrel). Each day at most 5000 barrels of distilled oil can be sent through the cracker, with the results as shown in Table 4.56. Cracked oil can be used to produce gasoline and jet fuel…

econometrics questiondc

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Now assume we can derive an economic analysis from the biological relationship. Fisherman select the number of boats to operate - boats will be the choice of EFFORT. Boats Total Harvest 0 (tons) 0 100 200 300 400 500 600 700 800 900 1,200 2,200 2,800 3,000 2,800 2,400 1,600 800 Suppose the price of fish is $1,000 per ton. Suppose the cost to operate a boat for a year is $4,000. Construct a graph showing the total revenue and cost of the fishery. 0 What is the highest profit that can be earned, and how many boats are used for this? ( What is the corresponding long-run stock level associated with the profit-maximizing choice of effort? What is the profit earned if fisherman harvested the MSY? What number of boats are used in open access?

Explain the concept of Internal and External Validity in relation to statistical analysis?

During the COVID-19 Lockdown in May, many rickshaw-pullers left the market of rickshaw-rides and went to their village homes to pursue other work. What can you conclude from the given information?Discuss all conclusions in detail.

Question 2You have been employed as the chief economist for the economy UWI Land. The head statistician has provided you with the following information:Compensation of Employees900Corporate profits 400Factor income paid to the world 325Factor Income received from the world170Indirect taxes 775Subsidies 125Depreciation 120Consumption of goods 850Net interest 75Rent Income 125Consumption of services 475Residential investments 350Non-residential investments525Government Expenditure 925Imports 700Exports 300Proprietor’s income 300Calculate UWI Land’s GDP using the Income and Expenditure Approach

Based on the topic in the picture, what are the key points there that you think are important to analyze as a decision-maker ?

Homework (Ch 09) * MindTap - Cengage Learning x + atic/nb/ui/evo/index.html?deploymentld=58830023220612202193347127562&elSBN=9781337622349&id=D908491136&snapshotld=19375308& CENGAGE MINDTAP Homework (Ch 09) Suppose Ginny gives haircuts on Saturdays to make extra money. She is the only person in town cutting hair on Saturdays and therefore has some market power. Assume that she does not incur fixed costs, and the only significant variable cost to Ginny is her time. As she gives more haircuts, Ginny must increasingly forgo other valuable Saturday activities. For example, if she gives one haircut, she forgoes reading the paper after breakfast. If she gives two haircuts, she gives up reading the paper and sleeping an extra half-hour. Ginny's clients are a varied group willing to pay between $16.00 and $28.00 for a haircut. Assume that Ginny cannot price discriminate, i.e., charge different clients different prices. If Ginny charges $28.00 per haircut, she will have one client per week; if…

In 2016 Longwood University hosted the only Vice Presidential Debate. It was an expensive endeavor that, along with the significant educational benefits to our campus, was also meant to encourage interest and, ultimately, increase the number of applicants to Longwood. Suppose we have the following application data: Year 2015 2016 2017 2018 2019 Number of Applicants 5000 5100 6000 6800 7800 Administration points to this post-debate increase in number of applicants as clear evidence that the debate expenses were well worth it - applications increased because of the debate. Why is this conclusion problematic, and why would multiple regression analysis address the problem you identified and, hence, lead to better evidence of a potential impact of the debate on number of applicants?

SAQ5 Distinguish between socialism and capitalism economic systems (i.e. centralized vs. market-based economy). In your discussion, include (or categories) the following countries: The United Kingdom (UK), the United States (US), Australia, Singapore, China, Vietnam, Ukraine, North Korea, and Cuba. (hint: discuss the differences between socialist and capitalist economic systems from the perspective of 1. Ownership of resources and 2. Decision making). Use the Table below to help with your discission. Criteria based on which we Capitalism/Pure Market capitalism. Market capitalism. Socialism, Command Controlled socialism. distinguish between different (С). economic systems. Country: Ownership of resources: Decision making:

Economist Michael Nieswiadomy of the University of North Texas collected data on Law School Admittance Test (LSAT) scores for the 12 undergraduate majors listed most often by students hoping to enter law school in the class of 2008-9. The table below gives the scores, as well as the ranking for each of these majors in 2008. Economics majors tied philosophy majors for the highest average score. 333. Table 1.1 LSAT Scores for Students Taking the Exam in 2008 Rank 1 1 3 4 5 6 7 8 9 10 11 12 Major Economics Philosophy Engineering History English Finance Political science Psychology Sociology Communications Business administration Criminal justice Average LSAT Score # of Students 157.4 157.4 156.2 155.9 154.7 153.4 153.0 152.5 150.7 150.5 149.1 145.5 3,047 2,184 2,197 4,166 5,120 2,267 14,964 4,355 1,902 2,230 1,971 3,306 Source: Michael Nieswiadomy, "LSAT Scores of Economics Majors: The 2008-09 Class Update Journal of Economic Education, 41:3 (Summer 2010): 331- Use the scientific method…

Suppose that a mechanic owns a building and is renting part of the building's space to a library. Further suppose that because the mechanic is the owner, he has the right to make noise during the day while he fixes cars. While the library cannot insist on a quiet environment, it could move to a quieter building. However, rent in the next best building is $400/month more than rent in the noisy building. The mechanic can adopt a new technology that eliminates the noise for $325/month. Given this situation, can the library find a private solution with the mechanic that will make both better off Yes, but then ▼ Part 2 (2 points) O See Hint What is the minimum and maximum payment the library would make to the mechanic to get it to installthe noise-reducing equipment? NOTE: Round your answers to the nearest dollar. Minimum: Maximum: $ 05/15> VIEW SOLUTION SUBMIT ANSWER 4 OF 15 QUESTIONS COMPLETED 28 MacBook Pro FI F9 FIO F8 F6 F7

18. Why could experiments be used to solve the endogeneity problem?       [answer in no more than 50 words]

Could someone walk me through this problem? Thank you for your help!

Course: Introduction to Microeconomics1. Our students Francisca and Javier have a heated discussion about Axioms of Preference and Rational Consumer Choice, from which they raise questions and reflections regarding topics seen in class. You are asked to comment on each of these statements, justifying whether statement is true, false or uncertain. You should be supported by graphic analysis as appropriate.Statements that our students arrive at are as follows:(a) To have consistent ordering and represent convex indifference curves, only Axioms of order (Monotonicity) and Transitivity are needed.b) For a consumer to find equally preferred baskets from an initial basket, he must establish a substitution relationship between goods to stay on same indifference curve.c) Given consumer's income, the best he can do with respect to his consumption decision, is to find a situation where marginal utility per weight spent on good X is equal to marginal utility per weight spent on good Y.

The first two parts of the question have already been solved. But, here my question is: How many boats would you send if the price/fish=$30?

10:23 w 52.0 VPN KB/S LIED 448 B expert.chegg.com/qna/aut = Chegg Hide student question 2 > Time Left: 01:50:59 Student question i want a curve Skip Exit Submit = Training

The following scenario examines the relationship between marginal and average values. Suppose Jelani is a high school basketball player. The following table presents their game-by-game results for foul shots. Fill in the columns with Jelani's foul-shooting percentage for each game and their overall foul-shooting average after each game. Game Result Total Game Foul-Shooting Percentage Average Foul-Shooting Percentage Game 1 8/10 80 2 14/20 3 15/25 4 18/30 5 26/40 FREE-THROW PERCENTAGE On the following graph, use the orange points (square symbol) to plot Jelani's foul-shooting percentage for each game individually, and use the green points (triangle symbol) to plot Jelani's overall average foul-shooting percentage after each game. Note: Plot your points in the order in which you would like them connected. Line segments will connect the points automatically. 100 90 80 70 60 50 40 30 20 10 0 8/10 6/10 1/5 3/5 8/10 0 2 GAME 3 80 4 5 Game Foul-Shooting Percentage Average Foul-Shooting…

Regression analysis and the correlation coefficient can both be used to analyze the relationship between two economic variables. What are the advantages of using regression analysis instead of looking at the correlation coefficient?

11.2 Suppose P(x) represents the profit on the sale of x Blu-ray discs. If  P(1,000) = 4,000  and  P'(1,000) = −6,  what do these values tell you about the profit? P(1,000) represents the profit on the sale of  Blu-ray discs.  P(1,000) = 4,000,  so the profit on the sale of  Blu-ray discs is $  .  P'(x)  represents the       as a function of x.  P'(1,000) = −6,  so the profit is decreasing at the rate of $  per additional Blu-ray disc sold.

Why would you rather use real variables in an economic analysis

What is the difference between Pareto efficiency and Hicks-Kaldor efficiency, and why is it relevant to benefit cost analysis?

Review the logic of spuriousness. Can you think up an example where an observed relationship between two variables could actually be explained away by a third variable?

How will you explain the formal definition of econometric?

Please find the attached question

Which of the following options is equivalent representation to the signal flow graph shown below? Select one: о O d. (a+c)d 1

Tversky and Kahneman’s joint work on decision making received a 2002 ______. (fill in the blank)