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Chaos618
Wagei = ß0+ß1Malei+ui?
What is the meaning of ß0 in this example?
What is the meaning of ß1 in this example?
1 AnswerEconomics1 decade agoWagei = ß0+ß1Malei+ui?
B0=15
B1=-1
R^2=0.001
WHAT IS THE PREDICTED WAGE OF A MALE WORKER?
FEMALE?
1 AnswerEconomics1 decade agoWagei = ß0 + ß1 Educationi + ui?
Jane has 16 years of education. What is your prediction for her hourly wage?
Bo=2.5
B1=1
2 AnswersFinancial Services1 decade agoSuppose a firm’s short-run total cost curve is given by STC = 6q^2+5q+1?
a) What is the equation for the firm’s short-run supply curve?
b) How many units will the firm supply if market price is P=29?
2 AnswersEconomics1 decade agoBooker T. Washington's life story inclined him to support this principal?
a.Blacks cannot achieve success without the help of Whites
b.Southern Blacks are best at menial labor
c.Blacks can succeed through their own efforts
d.None of the above
1 AnswerHistory1 decade agoUse the following information for the following problems.?
Suppose that a firm’s production function is given by Q = K2L. Further suppose that w = $10 and r = $20
a. Suppose the firm wants to produce 27,000 units of output. What is the most efficient combination of labor and capital ?
b. Suppose that the firm wants to produce 27,000 units of output in the most efficient way possible. How much does the firm spend?
c. Suppose that the firm wants to produce 27,000 units of output and has exactly 10 units
of capital in hand. In this situation, how many labor has to be employed?
d. Suppose that the firm wants to spend exactly $1,200. What is the most efficient combination
of labor and capital ?
e. Suppose that the firm spends exactly $1200 in the most efficient way possible. How much
output can the firm produce?
2 AnswersEconomics1 decade agoWhat is a brief description of the diet coke and mentos experiment?
How does it relate to explosive potential gas dissolved in fluid?
1 AnswerChemistry1 decade agoU(x,y)=xy. Assume that the consumers income is $160, the price of x is $8 and price of y is $1?
What is the utility maximizing amount of x and y and the total utility at the utility max bundle
1 AnswerEconomics1 decade agoWeek 6: ray rice or hightower n sims walker or giants Steve smith?
4 AnswersFantasy Sports1 decade ago