1. Explain the differences between monopoly and monopsony on model assumptions and predicted outcomes of the model. 2. Many states started to issue "shelter-in-place, orders since mid-March to "flatten the curve,,. Write down a regression model with fixed effects to evaluate the effect of "shelter-in-place., orders on the number of positive cases. Explain what each variable means in your model.

1. Explain the differences between monopoly and monopsony on model assumptions and predicted outcomes of the model. 2. Many states started to issue "shelter-in-place, orders since mid-March to "flatten the curve,,. Write down a regression model with fixed effects to evaluate the effect of "shelter-in-place., orders on the number of positive cases. Explain what each variable means in your model.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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