Answer:
Explanation:
1. What is the partial effect of expendA on voteA?
ΔvoteAΔexpendA=β2+β4expendB→0.0382809+−6.63e−6expendB
2. Is the expected sign for b4 obvious?
Yes because the expendB alone is a negative and expendA is a positive leaving B4 to be a negative number .
Answer:
It will increase by 50%
Explanation:
Equity is given as: credit - short market value.
Find attached below table of solution
Answer:
a. in order to calculate this we must assume that the economy entered a recession:
degree of operating leverage = [($20 - $70)/$70] / [($260 - $520)/$520] = -0.7143 / -0.5 = 1.43
b. $14 million
Explanation:
strong economy:
total sales $520 million
<u>variable costs $420 million</u>
gross profit $100 million
<u>fixed costs $30 million</u>
EBIT $70 million
<u>income taxes $21 million</u>
net income $49 million
weak economy:
total sales $260 million
<u>variable costs $210 million</u>
gross profit $50 million
<u>fixed costs $30 million</u>
EBIT $20 million
<u>income taxes $6 million</u>
net income $14 million
Answer: It is true that Samuel is taking part in an apprenticeship program.
Explanation:
An apprenticeship is a form of training of people on a profession or trade. It usually involves on-the-job training and may also involve study such as reading and classroom work. Most of the training is done while the person is working for an employer. The employer teaches the apprentice about the profession or trade in exchange for the apprentice continued labor which is usually for an agreed period of time.
There is variation in the duration an apprentice spends with his or her employer depending on the roles, sectors, professions and cultures. The people who completes the apprenticeship successfully can become journeyman. A journeyman is a worker who is skilled in a particular craft or trade and has completed an apprenticeship successfully.
Answer: lead to a shortage cause quantity demanded exceeds quantity supplied of rental housing.
Explanation: A price ceiling is a government regulated price control that sets the legal maximum price that can be charged for a good. The price ceiling is binding when it is set below the equilibrium price. In this situation, the price ceiling prevents the forces of demand and supply to intersect at the equilibrium price. At the ceiling price, demand for the good is greater than its supply. Thus, an effective price ceiling which is set below the equilibrium price creates a shortage in the market.