Answer:
Explanation:
A. Solving for P yields P =0011dsiiuuγβββ−−+; thus 21(,)susCov P uσβ−=.Because Cov(P,u) ≠0, the OLS estimator is inconsistent.
B. We need an instrumental variable, something that is correlated with P but uncorrelated with us. In this case Q can serve as the instrument, because demand is completely inelastic (so that Q is not affected by shifts in supply). γ0can be estimated by OLS (equivalently as the sample mean of Qi
Answer:
The correct answer would be option B, Summary Judgement.
Explanation:
A summary judgement is a ruling passed by the courts that no trial is necessary because there are no essential facts in dispute. The purpose of trial is to determine the facts other the case; that is, to decide who did what to whom, why, when and with what consequences. So if there is no essential evidence or facts about the dispute, the court has the right to stop the trial and either dismiss the case or orders to provide the evidence all over again if any.
If projects are mutually exclusive, only one project can be chosen. The internal rate of return (IRR) and the net present value (NPV) methods will not always choose the same project. If the crossover rate on the NPV profile is below the horizontal axis, the methods will _<em>always_</em> agree.
NPV is the abbreviation of Net present value which is a financial metric that seeks to capture the total value of an investment opportunity.
For mutually exclusive projects, if the IRR or internal rate of return is greater than the cost of capital, you accept the project. If it is less than the cost of capital, then you reject the project.
Also, If projects are mutually exclusive, accept the one with the highest IRR or internal rate of return by assuming it is above the hurdle rate.
Therefore, the answer is always.
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A matrix structure has the advantage of "providing flexibility, enhanced cooperation, and creativity," according to technical and organizational theory.
<h3>What exactly is matrix structure?</h3>
- Matrix Structure is a term used to describe the organizational method of establishing a firm's business in which reporting relationships are established in a grid or matrix style rather than the usual conventional hierarchy.
- The matrix structure is known to have many advantages because it allows the company to make the best use of the resources it has rather than looking outside the company for more expertise and recruiting employees from outside the organization.
Matrix Structures of Various Types
- Matrix Structure that is Balanced .
- Matrix Structure that is Strong .
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Answer:
She consumes 41 units of good X.
Explanation:
Utility Maximization:
The maximum utility that a consumer derives from the use of a specified amount of a good or service.
Consumer M
aximise the utility when following condition is satisfied.
MUx / MUy = Px / Py
Y / X = 5 / 4
4Y = 5X
According to given sitation the budget constraint is
Px ( X ) + Py ( Y )= M
5X + 4Y = 410
Using 4Y = 5X
thus, 5X + 4Y = 410
5X + 5X = 410
10X = $410
X = 41.
