“In the United States more than 50 firms produce textiles, but only 3 produce automobiles. This statistic shows that government antimonopoly policy has been applied more harshly to the textile industry than to the automobile industry.” Provide an alternative explanation for the difference in the number of firms in the two industries.
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- “In the United States more than 50 firms produce textiles, but only 3 produce automobiles. This statistic shows that government antimonopoly policy has been applied more harshly to the textile industry than to the automobile industry.” Provide an alternative explanation for the difference in the number of firms in the two industries.
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- Statistical discrimination or "rational discrimination" means the following: Group of answer choices Statistics regarding discrimination is routinely falsified. When the statistical concept of "averages" is used to set higher auto insurance rates for a 19-year-old than for a 40-year old, even if the 19-year old is a better driver than the 40-year old one. Statistics are routinely used selectively with the specific purpose of discriminating against ethnic minorities. It is discriminatory to use statistics to understand social conditions.When white males resist to share responsibilities with members of a minority group, it is termed as: 1. consumer prejudice 2. employer prejudice. 3. worker prejudice. 4. statistical discrimination. 5. occupational segregation.Evaluate the following statement: “In all of the regressions, the coefficienton Female is negative, large, and statistically significant. This provides strongstatistical evidence of sex discrimination in the U.S. labor market
- Explain the term multicolllinearityMicrosoft is one of the leading software companies. Prior to 2000, Microsoft’s share of the market for personal computer operating systems stood above 80 per cent. However, since the twenty-first century Microsoft’s market share has steadily declined to 40 per cent. This is due to the rise in competing software producers such as Apple macOS (10%), Google's Android OS (35%), Linux Operating System (35%), and Apple iOS (5%). The market share of each company is provided in parentheses. Google and Linux have decided that it would be in their best interest to work together to serve the market. This is not common knowledge to the person’s outside of the companies. i. Draw how equilibrium price and quantity are determined in this industry. Hi does this refer to the monopoly market structure diagrams? 2. Allsmart’s demand curve is given by Q=10-P for its dishwashers. The marginal and average cost is $3 per dishwasher produced. Complete the following table. Photo below…Microsoft is one of the leading software companies. Prior to 2000, Microsoft’s share of the market for personal computer operating systems stood above 80 per cent. However, since the twenty-first century Microsoft’s market share has steadily declined to 40 per cent. This is due to the rise in competing software producers such as Apple macOS (10%), Google's Android OS (35%), Linux Operating System (35%), and Apple iOS (5%). The market share of each company is provided in parentheses. Google and Linux have decided that it would be in their best interest to work together to serve the market. This is not common knowledge to the person’s outside of the companies. State what market structure existed prior to the 2000 and illustrate how equilibrium price and quantity are determined in this industry. Can excess profit be earned by Microsoft in the long run prior to the 2000. Explain. [3 marks] State what market structure exists in the twenty first century. Explain if excess profit will exist…
- Microsoft is one of the leading software companies. Prior to 2000, Microsoft’s share of the market for personal computer operating systems stood above 80 per cent. However, since the twenty-first century Microsoft’s market share has steadily declined to 40 per cent. This is due to the rise in competing software producers such as Apple macOS (10%), Google's Android OS (35%), Linux Operating System (35%), and Apple iOS (5%). The market share of each company is provided in parentheses. Google and Linux have decided that it would be in their best interest to work together to serve the market. This is not common knowledge to the person’s outside of the companies. i. State what market structure existed prior to the 2000 and illustrate how equilibrium price and quantity are determined in this industry. Can excess profit be earned by Microsoft in the long run prior to the 2000. Explain. State what market structure exists in the twenty first century. Explain if excess…Microsoft is one of the leading software companies. Prior to 2000, Microsoft’s share of the market for personal computer operating systems stood above 80 per cent. However, since the twenty-first century Microsoft’s market share has steadily declined to 40 per cent. This is due to the rise in competing software producers such as Apple macOS (10%), Google's Android OS (35%), Linux Operating System (35%), and Apple iOS (5%). The market share of each company is provided in parentheses. Google and Linux have decided that it would be in their best interest to work together to serve the market. This is not common knowledge to the person’s outside of the companies. State what market structure existed prior to the 2000 and illustrate how equilibrium price and quantity are determined in this industry.(SW 7.10) Show that the two alternative formulas below for the homoscedasticity-only F-statistic are equivalent. F = (SSRrestricted − SSRunrestricted) /q SSRunrestricted/ (n − kunrestricted − 1) (equation 7.13 in SW) F = R2 unrestricted − R2 restricted /q (1 − R2 unrestricted) / (n − kunrestricted − 1) (equation 7.14 in SW)
- The Ames Riders, a women’s professional basketball team, employs a head coach and two assistant coaches. The total number of employees of the team (including players) is 20. The head coach, a male, is known for his off-color sense of humor. He has been known to make remarks to the two assistant coaches regarding their marital and sex lives. This activity has not been frequent, but it has occurred more than once. However, there has been no evidence of any other acts and no evidence that the assistant coaches suffered in their employment. Each has been with the team for five years and has received raises and bonuses in each year of employment with the Riders. Both of the assistant coaches have complained to you (a group who ensures that the team uses proper workplace practices). You, the members of the committee, have to decide on the following: Did sex discrimination occur? Why or why not? Did sexual harassment occur? Why or why not? What actions would you take against the head coach…There are 81 white seniors graduating from high school and 27 black seniors. a. All of the students with high school degrees apply to UW – Milwaukee. The admissions office looks at their records, and finds that 30% of black students drop out after the first year, compared to 15% of white students. If they have 85 openings, how many of each type of student should the admissions office hire to maximize their graduation rate? b. Suppose there is no difference in graduation rates between black and white students. However, the admissions office wants students who will get good grades. They don’t have access to grade histories of different students, but they can see that all 26 of the 27 black applicants went to high school in Milwaukee, whereas 70 of the 81 white applicants went to schools in the suburbs. The schools in the suburbs have very good academic ratings, whereas the schools in Milwaukee do not. If they have 85 openings, how many of each type of student should the admissions…how is the statment a good example of why qualitative methodologie is more valuable in advancing cross-cultural research? I think qualitative methodologies are very valuable in advancing cross-cultural research. Qualitative methodologies are used in cross-cultural research by cultural anthropologist for what are called ethnographies. Ethnographies involve observation and field-work within the cultural context and require descriptive qualitative analysis. Some of the advantages of studies involving two or three countries compared to studies that involve ten or more countries are a more concentrated and have a smaller study group. Another advantage is being able to report various cultural variables as it relates to the study and qualitative data. A few disadvantages of studies involving two or three countries compared to involving ten or more countries are the potential for inaccurate results if it does not include the entire population. Another disadvantage of three countries in a study…