a) Solving for price
Firm 1
Given that the profit the demand function for firm 1 is q1 = ab1p1+b2p2 and that it has a
constant marginal cost c, then its profit function will become
1=( P1 c)( q1)
But q1 =ab1 P1 +b 2 P2
Therefore, 1=(P1 c)(ab 1 P1 +b2 P2)
a)
1)
. regress course_eval minority
Source
SS
df
MS
Model
Residual
.835782216
141.402838
1
461
.835782216
.306730668
Total
142.23862
462
.307875801
course_eval
Coef.
minority
_cons
-.1231007
4.015288
Std. Err.
.0745749
.0277263
t
-1.65
144.82
Number of o
a) Solving for price
Firm 1
Given that the profit the demand function for firm 1 is q1 = ab1p1+b2p2 and that it has a
constant marginal cost c, then its profit function will become
1=( P1 c)( q1)
But q1 =ab1 P1 +b 2 P2
Therefore, 1=(P1 c)(ab 1 P1 +b2 P2)
Montero 1
Victoria Montero
Instructor
ECO 4421 Introduction to Econometrics
March 8, 2016
HW # 3
Question 1
^
Wage=0.7437+0.6416 Education
(a) Recall that t statistic is computed using the formula t=
coefficient
standard error of coeffiecient
0.6416
stand
1.
2.
3.
4.
5.
(b)
(b)
(a)
(c)
the correct answer is (c) $270,500
Proof
To compute Paulas present value of obtaining a law degree, we use the discounting
method with 20% or 0.20 as our discounting factor. Since period 1 and two represent
investment, we as
Question 1
a. The value of a (175086.0) represents the value of sales made holding own advertising and
other firms advertising constant. The coefficient of A (b=0.8550) shows by how much
the value of sales will change if own advertising expenditure is cha
Lecture 1
Macroeconomic Modeling:
From Keynes and the Classics to DSGE
Randall Romero Aguilar, PhD
I Semestre 2017
Last updated: March 12, 2017
Universidad de Costa Rica
EC3201 - Teora Macroeconmica 2
Table of contents
1. Introduction
2. The Classical mod
THE ECONOMY AT
FULL EMPLOYMENT:
THE CLASSICAL MODEL
CHAPTER
Whats Next?
Our Initial Roadmap:
Review Basic Economic Principles DONE
Introduce the Key Indicators of
Macroeconomic Performance DONE
Apply Economic Principles to Model the
Determination of the K
Macroeconomics
Keynes and the Classics
Classical Model
The classical model is just standard microeconomic theory.
1
Macroeconomics
Keynes and the Classics
Price Adjustment
Prices adjust quickly to equilibrate demand and supply. Excess
demand in a market c
Running header: AUDIT, ASSURANCE AND COMPLIANCE
Audit, Assurance and Compliance
Your First Name Your Last Name
Institutional Affiliation
Date
1
AUDIT, ASSURANCE AND COMPLIANCE
2
Audit, Assurance and Compliance
Liability of King and Queen to Easy Finance
K
Surname 1
Name
Course title
Professor
Date
Famous Negotiation in History
Negotiations aim at settling down some discrepancies that be between two parties. War
may rise due to this for some several factors. The Treaty of Ghent is one of the famous
negotiat
Surname 1
Name
Course title
Professor
Date
Research Proposal
An evaluation of the corporate governance and how to detect future bad corporate behavior
Background and Introduction
All corporate are controlled and directed through a system known as corporat
Arcadia Cafeteria
Your Logo
BUSINESS PLAN
Business Plan Prepared By
ADAM KIEDROWSKI
Your Title
Your Company Address With
City, State and Zip Code
Your Phone Numbers
Your e-mail and Web Addresses
Date Prepared
May, 2016
Business Plan
Table of Contents
EXEC
Surname 1
Name
Course title
Professor
Date
Consumer theory
The utility function is given as,
U ( x , y )= x+ y
The marginal utilities are,
M U x=
1
2 x
M U y =1
Question 3
Assuming
Py
I
<
P y 4 Px
Find Sallys food demand function and clothing demand funct
Running header: JOE THE DESTROYER
1
Joe the Destroyer
Students Name
Institutional Affiliation
Date
JOE THE DESTROYER
2
Joe the Destroyer
There are legal cases that are affecting Joe in this event of interest. It was very easy for
Joe to start a sole propr
Running header: HEALTHYMAGINATION AT GE
Healthymagination at GE
Your First Name Your Last Name
Instructors Name
Date
1
HEALTHYMAGINATION AT GE
2
Healthymagination at Ge
In 2009, a new innovation strategy was implemented by the CEO of GE, Jeff Immelt. The
a) The coefficient of log(sales) 0.321 means that a unit increase in sales will increase the
quantity R&D intensity by 32.1%. However, this is only true if this coefficient is
statistically significant. Therefore, it is necessary to perform a hypothesis t