Can you answer questions 10,11,12,13,14 state why you chose those answers -4-10.Which of the following statements is NOT true? Division of labourallows a worker to be employed in the occupation where his superiority is most markedencourages the use of specialised machinesis possible irrespective of the size of the marketmay lead to monotony of workA.В.С.D.[1]11.Which of the following is NOT an influence on demand?A.incomeВ.input pricespreferences and tastesrelated goodsС.D.[1]12.Which of the following is NOT a direct determinant of supply?А.complementscost of productionВ.С.taxesD.technology[1]The market price of a product is $6 and the quantity demanded and supplied is 200. If the pricerises to $7, the quantity demanded is 150, and the quantity supplied is 250, what will exist in the13.market?excess demand 100excess supply 100shortage 50surplus 50А.В.С.D.[1]14.Which of the following is NOT a structure of the population?age distributiongeographical distributionlocal distributionA.В.С.D.sex distribution[1]587110

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10. Which of the following statements is NOT true? Division of labour allows a worker to be employed in the occupation where his superiority is most marked encourages the use of specialised machines is possible irrespective of the size of the market may lead to monotony of work А. В. С. D. [1 Which off the following is N OT an influence on demand?

10. Which of the following statements is NOT true? Division of labour allows a worker to be employed in the occupation where his superiority is most marked encourages the use of specialised machines is possible irrespective of the size of the market may lead to monotony of work А. В. С. D. [1 Which off the following is N OT an influence on demand?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Solve by hand (no excel)
6
Hayfever Farms is an 80‑acre hay farm in Colorado. Due to the legalization of marijuana production in the state, the owners are considering changing the farm's name to Blissful Acres and growing marijuana instead of hay. Use the information presented in the table to answer three questions. Number of acres MC $ MR $ (hay) MR $ (marijuana) 10 320 730 5,600 20 200 730 5,600 30 540 730 5,600 40 730 730 5,600 50 1,200 730 5,600 60 3,200 730 5,600 70 5,600 730 5,600 80 6,700 730 5,600 If they continue to grow only hay, how many acres should Hayfever Farms devote to growing hay in order to maximize profits? area devoted to hay:_______ acres If the owners decide to only grow marijuana, how many acres should Blissful Acres devote to growing marijuana in order to maximize profits? area devoted to marijuana:_______ acres Which outcome likely happens due to the legalization of marijuana production and consumption? The number of growers…
6. Imagine that I wanted to test the proposition that people think older politicians are more trustworthy. I recruited an internet sample of 90 people. Each person was asked to read a short article about a hypothetical political candidate. Random assignment determined whether the subjects were told that candidate was 65 or whether they were told that candidate was 35. After reading the article, all subjects used a 10-point scale to rate the candidate on competence, trustworthiness, and likability. I take the mean values of trustworthiness in each group, perform a difference of means test, and find a test statistic of 1.04. Should I reject the null at the 99% confidence level? Why or why not? What does that mean?
Can you please answer (Question.4) below?
An investigator will be studying nutrition among Latina women. To find participants to interview, she requested a list of names and contact information for all Latina women from a community clinic. These women had already provided consent and had agreed to be contacted about participating in future research studies. The list included 1,000 names of potential participants for the nutrition study. The investigator chose 200 of the women from this list to contact for possible inclusion in the study. D3 Question: Do the women included on this list represent the larger group?
Question 4 Solve: 옳 x=? = 16
In June 2015, Gallup conducted a poll of a random sample of 14802 adults to determine the well-being of people living in the United States. One question asked, "Did you exercise at least 30 minutes for 3 or more days in the past week?" In the survey, 57.3% of males and 42.7% of females responded yes to this question. Which of the following is true about this scenario?A. 57:3% and 42.7% are both statistiesB. 57.3% and 42.7% are both parameter.C. If we took another random sample of 14802 adults, we would expect to get the exact same results.
A television station would like to hold a two-day marathon of a police procedural show. They post a survey and ask viewers to rank their favorite shows. The results are compiled in the preference schedule below. Number of Votes 47 40 25 47 80 1st Choice NCIS NCIS CSI CSI Criminal Minds 2nd Choice CSI Criminal Minds NCIS Criminal Minds CSI 3rd Choice Criminal Minds CSI Criminal Minds NCIS NCIS The television station decides to select the winner by using the Copeland Method. What show will the station highlight in the two-day marathon? Make sure to include an explanation along with your answer.
1
The following partially completed Excel spreadsheet contains information for computing an annual budget. Assume salary and bonus values are net of taxes and fixed expenses are based on annual salary. Use Excel's Goal Seek to determine what percentage will Ramirez need to save monthly to have $20,000 in his savings account by the end of the year. B 1 Ramirez Monthly Budget 2 3 Variables: 4 Annual salary 54,900.00 $ 5 One-time bonus 10,000.00 6 Fixed expenses 50% 7 Monthly savings 10% 8 Bonus savings 50% 9 10 Annual Estimates 11 Savings 12 Spending money 13 Fixed expenses
For Step 2 (11&12) In the last answer within those two sentences. In the left side there's a word MC is that correct Ml?