What are the determinants for an individual demand? Derive with the help of indifference curves and the budget constraint the optimal consumption plan. How do you transfer the optimal consumption plan into an individual demand function?

Q: WATER HEATER 20 KW DEEP FRYER 3 kW OVEN OVEN 3 kW OVEN

A: The relation between the resistance R,voltage V and power P is :

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Q: H6

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A: According to the question below information given that  PV= 1,000 N=10 I/Y= 7%

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A: Given information AD: 1%=Inflation +Real growth rate AS: Inflation=Expected inflation +(Real growth…

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Q: The economic analysis of a project foresees annual investments equal to R$300,000,000.00, over three…

A: We are going to use net present value approach to answer this question.

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Q: Final score 0.15 technique? Choose the correct answer below 0.86

A: Attributes           Rank             weight(a)    Suv1      Suv 2 Price                          4…

Q: Unique answer asap please

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A: Case synopsis:   NCAA (National Collegiate Athletic Association) is a governing body of collegiate…

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A:

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A: Risk averse agent refers to those agents who prefers low uncertainty over high uncertainty. Risk…

Q: Match each currency with the country or countries that use it. Drag each item on the left to its…

A: Currency Country name YEN JAPAN POUND UNITED KINGDOM YUAN CHINA

Q: What is progressive tax? Write its merits and demerits

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A: A wage is compensation paid to representatives for work for an organization during a timeframe.

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Q: Question 1 Consider an economy with two goods t = 1,2. Whenever an individual consumes ₁ units of…

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Q: What is the importance of Managerial economics in the following? A. Business B. Government

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Q: QUESTION 34 This graph indicates that this firm is a natural monopoly. ATC True False Time

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A:

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Q: What is single tax system? Write its merits and demerits

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Q: Let us pretend that you are the director of monetary affairs for the Fed and you just got authority…

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A:

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A:

Q: raw and properly label an AD-AS model to show Keynesian, intermediate, and neoclassical zones (6%).…

A: The AD-AS model with the mentioned perimeters is provided below:

Hypothesis Testing

In statistics, there are two ways to calculate the sample data. One is descriptive statistics and the other is inferential statistics.  In descriptive statistics, all of the information is defined through graphs and charts. In inferential statistics, it allows one to test the hypothesis and it is always used to predict the data. Inferential statistics has two main areas: estimating parameters and hypothesis testing. A hypothesis is a statement about the unknown parameter of the population which we want to verify from the information available from the sample. The premise may or may not be true. The estimation of the whole population would be a reasonable way of deciding if the statistical hypothesis is valid. There are two types of hypotheses. They are null hypothesis and alternative hypothesis.