Answer:
Explanation:
Producer surplus can be defined as the difference between how much a person can receive by selling a good at the market price versus how much a person would be willing to accept for the given quantity of good.
The Perfect Price Discrimination (1st degree price discrimination) will occur when an organization charges a different price for every unit consumed.
Producer surplus is formally given as PS = TR( q ppdm ) 0 q ppdm MC(q)dq
Where TR is the Total Revenue
For total cost and the definite integral of marginal cost over the range of output, we find that PS = TR( q ppdm ) TC( q ppdm ).
That is the sum of the consumer surplus and producer surplus is the total gains from trade.
<span>Bill heard, as part of the corridor curriculum in his school, that certain races were not as good as others, and that coolness was the key to everything. corridor curriculum means what students teach one another outside of the class room,usually negative.</span>
Answer:
a. The estimated coefficient for size is approximately <u>13.81</u>.
b. In the regression, two predictors are used. These two predictors are size and fireplace (FP).
Explanation:
a. The estimated coefficient for size is approximately _____.
Estimated coefficient for size = Standard Error of size * t-Stat of size = 1.2072436 * 11.439 = 13.81
Therefore, the estimated coefficient for size is approximately <u>13.81</u>.
b. How many predictors (independent variables) were used in the regression?
Independent variables can be described as variables that are changed or manipulated in order to measure the effect of their changes on the dependent variable. Independent variables are therefore also called predictors because they employed to predict the dependent variable.
In the regression, two predictors are used. These two predictors are size and fireplace (FP).
Answer:
d. $6,120 U
Explanation:
Calculation to determine the materials price variance for the month
Using this formula
Materials price variance = (AQ × AP) – (AQ × SP)
Let plug in the formula
Materials price variance = $138,600 – (7,200 meters × $18.40 per meter)
Materials price variance = $138,600 – $132,480
Materials price variance = $6,120 U
Therefore Materials price variance is $6,120 U
Answer:
Unstructured interview
Explanation:
Unstructured interview is defined as one in which the questions asked are not prearranged. Rather they are spontaneous and questions to be asked are formulated during the course of the interview.
On the other structured interview is when questions are prearranged and candidates are asked the same questions.
So when Matt and Claire go into an interview for the same position and they get asked very different questions depending on how the interview is going, they are answering unstructured interview questions.
