Taking years as input variable and population of that city as output variable, let y represent the population after 1985 and y represent the population in and index of 1000. Linear regression is a modeling relationship that exists between the variable.
The equation, therefore, can be derived in Y=a+bX. In this case, Y is the independent variable that is drawn on the axis of the graph while X represents the variable plotted on the x-axis of the graph; finally, b is line slope.
Excuse me but what religion are you talking about?
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the likely reasons that the market for dress shirts is not perfectly competitive are<u> dress shirts are not a standardized (homogeneous) product.</u>
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What is being perfectly competitive?</h3>
A perfectly competitive market, often referred to as an atomistic market, is defined by multiple idealizing criteria, which are together referred to as perfectly competitive, or atomistic competition, in general equilibrium theory.
It has been shown in theoretical models with perfectly competitive that a market will find equilibrium when the amount supplied for each good or service, including labor, equals the amount sought at the current price.
A Pareto optimal equilibrium would be this one. Perfectly competitive marketplaces are not always productively efficient in the short run because the output does not always occur where marginal cost and average cost are equal.
Long-term productive efficiency, however, comes about as new businesses enter the sector. Price and cost are lowered to the minimum of long-term average costs due to competition.
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Two of the misconceptions that derived from the Anti Drug Abuse Act of 1986 and that the third report wanted to fix were:
- There is no rational medical or penological reason why charges related to crack cocaine are treated as much worse than those related to powdered cocaine. The reasoning appears to be racially motivated.
- The stereotype of "crack babies" is a false one. Babies exposed to crack cocaine exhibit the same conditions as those exposed to powdered cocaine or tobacco, which are low weight, height or head circumference. Developmental delays and other similar problems are attributed to the environment the child grows up in, not to in-utero problems.