Analyzing Variables: Quantitative vs

MICROECONOMICS  Questions 3  ( ALL OF IT IS ONE QUESTION!!!) For article 3 write the number of the graph that best describes what happened. Fill in only the appropriate boxes in the chart for article 3 and be sure and indicate if it is an increase or a decrease.  For the graph use an arrow to indicate an increase or a decrease. Make sure you fill in the graph PLEASE Leave it blank if there is no change   Masks (Now). The easing Covid-19 pandemic is expected to reduce demand for medical masks this year, joining a group of companies that have forecast a decline in business from Covid-19 prevention. Masks became a billion-dollar business for the St. Paul, Minn., manufacturer starting in 2020, when the virus’s rapid spread sent consumers and healthcare workers looking to secure facial coverings to try to avoid infection. Now, as the latest U.S. surge caused by the Omicron variant fades, 3M said they are seeing slowing mask sales. WHICH GRAPH BEST FITS THE ARTICLE.   Graph # Graph…

Exercise 3 Use a model for the household's trade-off between consumption and leisure to answer the following questions: a) Use a graph to show the household's optimal solution and then explain your answer in words. b) Suppose the household has not adapted optimally. Explain such a situation using a diagram and numbers that fit your example. How do you explain that it is not optimal? c) Discuss the statement:" Statistics show that some people work fewer hours when the real wage rises". Use a model for the labour market to answer the following question: d) Use graphs to show the difference between involuntary unemployment and voluntary unemployment and then explain your answer in words.

The accompanying data gives the high and low temperatures in January for a random sample of 50 cities. a. Decide whether use of the linear correlation coefficient as a descriptive measure for the data is appropriate. b. If appropriate, obtain the linear correlation coefficient. c. If appropriate, interpret the value of r in terms of the linear relationship between the two variables. Click the icon to view the High and Low data values. a. The linear correlation coefficient as a descriptive measure for the data appropriate because b. Select the correct choice and, if necessary, fill in the answer box to complete your choice. OA. The linear correlation coefficient is (Round to three decimal places as needed.) O B. The linear correlation coefficient as a descriptive measure for the data is not appropriate. c. Choose the correct answer below. O A. There appears to be a strong negative linear association between the two variables. OB. There appears to be a weak negative linear association…

include graphs/diagrams accordingly

7 Which scientific method of research would be used if a college student running for student body president was trying to determine whether to emphasize campus security, improved parking facilities, or increased health services in their campaign? Select one: a. naturalistic observation b. a survey c. an experiment d. a case study

what does it mean to have a linear correlation? Give an example of one.

Use the midpoint method of calculating percentage changes in this question. Heidi used to bake and sell 3 custom cakes each week when the price of cake was $35. Now that the price has increased to $45, she bakes and sells 5 cakes. What was the 'percentage change' in quantity supplied of cakes for Heidi? %. Is this 'percentage change' positive or negative? What was the 'percentage change' in price of cakes? %. Is this 'percentage change' positive or negative? What was Heidi's price elasticity of supply? (round to 2 decimal places] Is this considered 'elastic', 'inelastic', or 'unit elastic'?

can you please explain this a bit more? I am having difficulty following your math.

You participate in a taste test for a new protein supplement called "Kapow." You are given five consecutive one ounce vials of the supplement and after consuming each vial you are asked to note your reaction. You consume the first vial and your response is: "Hmmm, quite good!" After the second, you say, "Not bad at all." After the third, you note, "It's alright." and after the fourth you wince, "No more, the after-taste is getting to me. I need water." What economic principle does this scenario illustrate? Define the principle.

A T-shirt shop discovers that the WTP of its customers varies by time of day that they arrive at the shop. It conducts further research and gathers the data in the table. Answer the following questions using this data: 1. What will be its Sales $ if it sells T-shirts all day for only $5? $ Question Blank 1 of 3 type your answer... 2. What will be its Sales $ if it sells T-shirts all day for only $6? $ Question Blank 2 of 3 type your answer... 3. What will be its Sales $ if it uses Price Segmentation and sells T-shirts for $5, $6 and $7 in the evening, afternoon and morning respectively? $ Question Blank 3 of 3 type your answer... Time of Day WTP Demand (Units) Evening $5 100 Afternoon $6 500 Morning $7 50

Can you answer me as soon as possible urgent . In early April, Mr Chan went for a five-day trip in Singapore. In Singapore, he stayed in the Fullerton Hotel that close to the MRT station. During the five days stay, he went to Universal Studio Singapore, National Museum of Singapore. He joined the Singapore Duck tour and enjoyed the Singaporean Chinese food in Chinatown. Before departure, he went to Paragon shopping mall in Orchard Street, buying some souvenirs for his friends. Mr Chan returned to his home place, Hong Kong on 10th April and directly went to Courtyard by Marriott Hong Kong for seven days quarantine.(a) Identify the “purpose of travel” of Mr Chan and explain why he is considered as a tourist.(b) Name the tourism suppliers which might be related to the above passage and briefly explainthe function of each.

can you draw the equations for me

1. In her last-minute preparations for final exams, a student has set aside five hours to split between studying for two subjects, finance and economics. Her goal is to maximize the average grade received in the two courses. (Note that maximizing the average grade and maximizing the sum of the grades are equivalent goals.) According to her best guesses, grades vary with study as follows: Study Hours 0 1 2 3 4 5 Finance Grade 70 78 83 88 90 92 Study Hours Economics Grade 0 75 1 81 2 85 3 87 4 89 5 90 a. List the marginal values of additional hours worked for each subject b. How much time should the student spend studying each subject? c. Suppose the student also is taking an accounting exam and estimates that each hour of studying will raise her grade by three points. She has allotted two hours for studying accounting (in addition to the five hours already mentioned). Is this an optimal decision? Explain. (Assume her objective is to maximize her average grade across the three courses.)

"DIFFERENCE BETWEEN NEEDS AND WANTS" It is very important to find the difference between want & need. The money that would be spent on things that you may want in that moment could instead be saved or put into things that are more important. By doing this you may see that you can save a lot of money, by not buying things that are not needed and even and that most of your money is not even being spent *Make a response,question, or clarification for that opinion

Randolph is taking three courses this semester: economics, statistics, and finance. He has decided to spend 20 hours per week studying (in addition to attending all his classes) and his objective is to maximize his average grade, which means maximizing the total of his grades in the three courses. The table shows Randolph's estimate of the relation between time spend studying and his grade for each course. Hours of study 4 5 6 7 8 9 10 Grade in: Economics Statistics 63 54 64 72 79 Multiple Choice 85 88 90 92 72 78 83 87 89 Finance 68 76 82 87 90 93 95 Based on the information in the table, how should Randolph allocate his time? 7 hours economics, 7 hours statistics, 6 hours finance 6 hours economics, 6 hours statistics, 8 hours finance

I'm unsure about the two Ps in the final part of the answer. Are those both the same variable? It seemed unclear to me how and why that happened. Can you help with that really quickly?

Review the logic of spuriousness. Can you think up an example where an observed relationship between two variables could actually be explained away by a third variable?

What are the stages of econometrics research

Problem #1: Russel is shopping for denims He chooses one, then notices that the other denim are on promo, and gets another two denims. How can you explain this with a graph?

Refresh your Math & Graphing Skills SOP-A D For each of the following scenarios, indicate whether the relationship between the two variables is positive or negative, as well as which line on the previous graph has a slope that reflects this type of relationship. X-axis Hint: The X-axis and Y-axis on the graph are not labeled intentionally. You need to substitute the variables from each scenario for the horizontal and vertical axis. For example, in the first scenario, X-axis should be labeled The average grade received" and Y-axis should be labeled "The number of hours spent studying". Scenario As the number of hours spent studying rises, the average grade received rises. As the number of hours spent studying falis, the likelihood of getting an A falls. As the number of hours spent watching TV rises, the average grade received falls. True True or False: Line B has a slope of infinity. O False www Relationship Line Y

Refer to the information provided in the Figure below to answer the questions that follow. A) A. B) B. C) C. D) D. Number of hamburgers Number of hamburgers A) A. B) B. C) C. D) D. Panel A Number of pizzas Panel C Number of pizzas Number of hamburgers Number of hamburgers Panel B Number of pizzas Panel D Question #38: Refer to Figure 6.14. Assume Eonar has two products available, pizza and hamburgers.Eonar is always willing to trade one pizza for one hamburger regardless of how many pizzas and hamburgers she has. Eonar's indifference curve will be represented by the indifference curve in Panel Number of pizzas Question #39: Refer to Figure 6.14. Assume Eonar has two products available, pizza and hamburgers.Eonar must be compensated with more pizzas as she gives up more burgers. Eonar's indifference curve will be represented by the indifference curve in Panel