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Make a qualitative title.(any topics will do and define its dependent and independent variable)
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- mathematically derive the slope of isocost line and isoquant and interpret.In economics, what does the term ceteris paribus mean when analyzing the relationship between two variables? A. All other things being equal or held constant B. The direct relationship between two variables C. The inverse relationship between two variables D. The absence of any relationship between two variablesgraph and label as either direct or indirect the relationships you would expect to find between a) the number of inches of rainfall per month and the sale of umbrellas, b) the amount of tuition and the level of enrolment at a university, c) the popularity of an entertainer and the price of her concert tickets.
- Construct the cost-of-living index number for 2020 on the basis of 2018 from the given data. Advice a donor agency on what course action to take if the information is meant to help them make a decision on some food stipend being for a social protection program in Kenya. Commodities PRICE Weights 2018 2020 A 200 400 50 B 200 350 40 C 100 150 65 D 80 120 45 E 60 180 20 F 90 157.5 60 G 300 585 100 b. The average prices and quantities of six items grown in Nakuru County are shown in the following table: 2020 2021 Items Price (Kshs/Kg) Quantity (Kg,000) Price (Kshs/Kg) Quantity (Kg,000) Pineapples(A) 10 6 14 8 Oranges(B) 10 8 15 14 Bananas(C) 15 8 20 16 Beans(D) 30 12 25 20 Wheat(E) 40 15 60 21 Millet(F) 50 10 80 16 Using 2020 as base year, compute Kelly’s and Fishers Price index numbers…FCI owns 10 apartment buildings in a college town, which it rents exclusively to students. Each apartment building contains 100 rental units, but the owner is having cash flow problems due to an average vacancy rate of nearly 50 percent. The apartments in each building have comparable floor plans, but some buildings are closer to campus than others. The owner of FCI has data from last year on the number of apartments rented, the rental price (in dollars), and the amount spent on advertising (in hundreds of dollars) at each of the 10 apartments. These data, along with the distance (in miles) from each apartment building to campus, are presented in rows 1 through 11 of Table. The owner regressed the quantity demanded of apartments on price, advertising, and distance. The results of the regression are reported in rows 16 through 35 of Table. What is the estimated demand function for FCI’s rental units? If FCI raised rents at one complex by $100, what would you expect to happen to the…Identification. Answer the following questions below. QUESTIONS: 1.) What is the statistical technique for finding the best relationship between dependent variable and selected dependent variable or variables? 2.) What is the increase in output that results from an increase in all of a firm’s outputs by some proportions? 3.) What production function are the 3 stages of production applicable? 4.) What stage of production is the increase in output that results from increase in a firm's outputs by some proportion? 5.) In long run production, a change in output necessitates the what?
- Q5. Make a hypothetical data table and try to make interrelationships between AC, MC and AVC for ten observations. Keep in mind the trend of certain variables. Support Your answer with the help of correct graphs and their respective interpretations like Q TFC TVC TC ATC AVC AFC MC 1 2 3 4 And So onexplain the various properties of iso-quant curve with the help of their graphs. Indicate the right and wrong curves both.Fill in the missing data for the following data.
- Subject: microeconomics Question: when MRTS is equals to 1, is it a. L=K b. L>K c. L<K** please include explanation. Thanks.If the turning points of an economic variable occur after the turning points of economic activity, then the economic variable is called a . a procyclical variable b . a countercyclical variable c. an acyclical variable d . a leading variable e . a coincident variable f . a lagging variablePlease show how to do b) and c). Quantity beef consumed is the dependent variable. Each of the others are the independent variables