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erica [24]
3 years ago
12

In an econometric model, the dependent variable is Group of answer choices unrelated to the independent variables. the behavior

one is trying to explain. unchanging across subsamples. also known as the residual. always the wage.
Business
1 answer:
Delvig [45]3 years ago
3 0

Answer:

the behavior one is trying to explain

Explanation:

The dependent variable is the variable that is being explained by the independent variable.

For example

Di = x + x1 + x2 + x3

Di = demand for ice cream = dependent variable

where x1 = price

x2 = taste

x3 = income

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Omar is having trouble paying his rent and making minimum payments on his student loan and credit cards. What should Omar consid
In-s [12.5K]

Answer:

Omar should get budgeting advice from a consumer credit counselor

Explanation:

It is apparent from the question that Omar is having a financial problems as he is finding it difficult to meet up with his student loan and credit cards repayment plan.

It is advisable at this point that he should engage the service of a consumer credit counselor for budgeting advice to improve on his situation.

Consumer credit counselling service is a form of service that help to proffer solution to financial problems through financial education , budgeting assistance and debt management.

7 0
2 years ago
A. English Common Law<br> B.Ethical dilemmas<br> C.Stare decisis<br> D.Utilitarian decision making
kumpel [21]

Answer:

C

Explanation:

no idea what a,b,c, and d are for. no question?

3 0
3 years ago
What do the income effect, the substitution effect, and diminishing marginal utility have in common?
Sveta_85 [38]

Answer:

They all help explain the downsloping demand curve

Explanation:

The options to the question wasn't provided. The complete question can be in the attached image.

The demand curve slopes downward from left to right. This indicates that the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded.

Income effect is a change in quantity demanded when real income change. Quantity demanded increases when real income increases and decreases when real income falls.

Substitution effect says that consumers would substituite to the consumption of a cheaper good when the price of a good originally consumed increases.

Diminishing marginal utility states that as consumption increases, utility derived from consumption falls and quantity demanded falls.

I hope my answer helps you

3 0
3 years ago
Which of the following statements is true?
marissa [1.9K]

Answer: B) A)

Explanation:

  •   This kind of method, direct write-off method is referring to your question and it is considering a method that is used for recognizing bad debts expenses that are coming from credit sales of someone's account. With this method there is no account that is considering allowance and receivable that is found on someones's account is written-off directly to expense when there is uncollectible account expense.
  •   One of the greatest advantages is simplicity because those companies who are doing this method have to make only two transactions.

5 0
3 years ago
Read 2 more answers
Arctica manufactures snowmobiles and ATVs. These products are made in different departments, and each department has its own man
Ilya [14]

Answer: Please see explanation for answers.

Explanation.

SW=Snowmobile

Given:

SM ATV Combined SM ATV Combine

            Budget       |   Actual

Raw materials $19,990 $28,000 $47,990 $19,920 $29,320$49,240

Employee wages 10,900 21,000 31,900 11,210 21,740 32,950

Dept. manager salary 4,800 5,700 10,500 4,900 4,900 9,800

Supplies used 3,850 1,400 5,250 3,670 1,420 5,090

Depreciation- Equip. 6,500 13,000 19,500 6,500 13,000 19,500

Utilities 410 590 1,000 380 550 930

Rent 6,200 6,800 13,000 5,800 6,800 12,600

Totals $52,650 $76,490 $129,148 $52,380 $77,730 $130,110

A responsibility accounting performance report is a budget that makes comparison of actual and budgeted amounts under the controlled costs in a department .Here utilities and rent costs cannot be controlled so will not be included.

Responsibility accounting report for the snowmobile department.

Budgeted   Actual Over/Under Budget

Controlled costs

Raw materials  19,990  19,920   -70

Employee wages 10,900   11,210  310

Dept. manager salary4,800 4,900 100

Supplies used   3,850   3,670   -180

Depreciation- Equip.6,500  6,500  0

Total               46,040    $46,200  160

Calculations .

Over/Underbudget = Actual - Budgeted amount.

Raw materials  =19,920-19990=   -70

Employee wages 11,210-10,900=  310

Dept. manager salary4,900-4800=100

Supplies used   3,670-3850= -180

Depreciation- Equip.6,500 -6,500 =0

3 0
3 years ago
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