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Alinara [238K]
3 years ago
15

Using the regression results in column (1): a.Do workers with college degrees earn more, on average, than workers with only high

school degrees? How much more? b.Do men earn more than women, on average? How much more? (Stock 209) Stock, James H., Mark Watson. Introduction to Econometrics, 3rd Edition. Pearson, 20141028. VitalBook file. The citation provided is a guideline. Please check each citation for accuracy before use.

Business
1 answer:
Lisa [10]3 years ago
7 0

Answer:

Please see attachment

Explanation:

Please see attachment

You might be interested in
Tim receives a call from a friend when he is on a conference video call with his boss. What should be his next step?
daser333 [38]

Answer:

He shoukd apologises to his boss and send the other person to voicemail and creat a plan to call back later

Explanation:

6 0
4 years ago
A monopolist sells in two geographically divided markets, the East and the West. Marginal cost is constant at $50 in both market
noname [10]

Answer:

A) QE = 400, PE = 250

     QW = 325, PW = 375

b) east market has more elastic market demand

Explanation:

Given data :

Marginal cost = $50 ( both markets )

demand and marginal revenue in each market are given differently

a) Determine/find the profit-maximizing price and quantity in each market

For east market :

50 = 450 - QE

hence QE = 450 -50 = 400

since QE = 400 ( quantity for east market )

400 = 900 - 2PE

PE = 250 ( PROFIT maximizing price for east market )

For west market

50 = 700 - 2QW

Hence QW = 325

since QW = 325

325 = 700 - pw

PW = 375

B) The market in which demand is more elastic is the east market because the quantity demanded is higher and also the profit maximizing price is lower as well

5 0
4 years ago
Subsidies also distort resource allocation by encouraging excessive energy consumption, artificially promoting capital-intensive
Agata [3.3K]

Answer:

True

Explanation:

This is a negative effect of energy subsidizes. Usually governments decide to subsidize energy consumption as a way of helping low income consumers and businesses. But at the end that doesn't happen and the results are quite the opposite. Most of the subsidies are taken by higher income families, e.g. big luxury homes use a lot of electricity. Subsidies end up reinforcing inequalities and the lower income families usually pay a higher percentage of the cost of having them.

8 0
3 years ago
The search for and qualification of potential customers during the personal selling process is referred to as:_____.
Dominik [7]

Answer:

Prospecting.

Explanation:

This is known to be the first step that is been taken in a bid to get potential customers in a marketing process. Its made by of these marketers is firstly to qualify a recipient as a prospect and is other cases, someone who may have a need for your business products or services, or not. Its goal of is to develop a database of likely customers and then systematically communicate with them in the hopes of converting them from potential customer to current customer.

4 0
3 years ago
Klingon Cruisers, Inc., purchased new cloaking machinery five years ago for $20 million. The machinery can be sold to the Romula
muminat

Answer:

1) Book Value= $16,464,000

2) Market Value = $19,080,000

Explanation:

The first question is to determine the book value of Klingon's assets today. Book value is the carrying value of the business in its balance sheet.

Book Value = Net working Capital + Current Liabilities + Net Fixed Assets

Net working Capital= $226,000

Current Liabilities= $700,000

Net Fixed Assets= $15,500,000

Book Value = $226,000+ $700,000+$15,500,000= $16,464,000

2) Calculate the market value

The formula for market value = How much the machinery was sold to Romulans today+ today's value of the current assets if they are liquidated

The market value of assets is a function of the current market price they can be sold for and received on the day of the valuation

Market Value= $18,000,000 + $1,080,000= $19,080,000

4 0
4 years ago
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