onsider the following system of equations: -2x+3y=-3 and 3x-4y=5 Use amer's rule to solve for x: * O x=Ax/A=3 ) x=A/Ax=1/-3 ) x=Ax/A=-19 x=Ax/A=-3
Q: 7. Which of the following organisms is an autotroph? a. Copepods b. Herring Humans C. d. Mackerel…
A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…
Q: Use the information listed in the table to calculate the opportunity cost of increasing missile…
A: Two goods can be produced, i.e., Missiles and Houses. The opportunity cost of increasing the…
Q: 4. What is the opportunity cost of maintaining a cactus (measured in palm trees forgone)? A. 1 E. F.…
A: The total amount of water available in a month = 24 gallons.Water needed for a palm = 8 gallons per…
Q: 7 Graph: 2 3 2 3 N 4 5 3 6
A: Dijkstra's Algorithm is a popular graph traversal and path-finding algorithm used in computer…
Q: 7. According to McCluskey, how are changing consumer preferences affecting demand for breakfast…
A: Market demand for a commodity can change as a result of a change in consumers income, their tastes…
Q: What is the island's maximTwo fields can be planted on Robinson Crusoe's island. Each can be used to…
A: The production possibility curve (PPC or PPF) is a curve showing the different amounts of two goods…
Q: Suppose that a football team is holding tryouts for various positions. A certain player tries out…
A: Game theory: A game hypothesis is a hypothetical system for considering social circumstances among…
Q: Assuming that Var(y|x, z) and Var(y|x) are both constant, what can you say about the relationship…
A:
Q: 2. The relationship between marginal and average costs Suppose Antonio is a professional basketball…
A: Average costs refer to the per unit cost.Marginal costs refer to the additional cost incurred in…
Q: Utopla produces only two products: cheese and wine. The production levels are shown in the table…
A: As per the guidelines we are allowed to answer the first three subparts only. Please post the…
Q: The graph above shows the graph of 2 lines (W and V). The numbers on Y-axis and X-axis are…
A: C + E forms the triangle so to find the area of C+E we can find the area of the triangle formed.…
Q: The last set of questions are based on the following equation: Y = 0.5 + 1.2 X + 0.75 Z + 0.25 X Z.…
A: here we calculate the given by following method as follow;
Q: Three examples of problems in economics using quadratic equations
A: Economics: It refers to the subject under which scarcity of resources has been taken into…
Q: Susan is a talented artist who sells hand-crafted goods on her website. Susan currently crafts and…
A: A graphical representation of the different combinations of two goods or services (here, crochet…
Q: Pls help with below homework -) Fill in the blank : "When my sister paints the walls and I do the…
A: Here when both the siblings are taking different type of work in their hand then their efficiency…
Q: The first two parts of the question have already been solved. But, here my question is: How many…
A: If the price of fish = $30 The boats will be sent to a point where price is greater than or equal to…
Q: In 2000, a law was passed against the use of cell phones while driving in Anytown, N.Y. The number…
A: A line graph is a simple line on the graph paper which explains the relationship between two…
Q: Paolo is a skilled toy maker who is able to produce both boats and puzzles. He has 8 hours a day to…
A: A production possibilities frontier characterizes the arrangement of decisions society faces for the…
Q: Assume that the two universities in USA (UA and UAA) are competing with one another to attract top…
A: A payoff matrix represents the startegic decision of players which shows their payoff in the case of…
Q: Suppose further that consumers in both countries have identical Leontief preferences, utility…
A: Units of Labour Required Home Foreign Fish 6 2 Edamame 6 3
Q: Write the definition of an endogenous variable. Briefly illustrate the method of 2SLS to handle the…
A: An Endogenous Variable is referred to as a variable in a given statistical model which is estimated…
Q: During the fall season, Allenville beat Jackson City once, Jay beat Havelock twice. Allenville beat…
A: Let's consider cities as vertices in all circumstances, using the notations below : a - Allen Ville…
Q: State and explain Walras Law. What are the implications of Walras’s Law? Illustrate Walras Law in an…
A: The Edgeworth box, named after Francis Ysidro Edgeworth, refers to the two dimensional illustration…
Q: The value of this graph as is becoming clear! Now let's consider a case in which the relationship…
A: Supply curve refers to the curve that shows the various quantities of a good or service supplied or…
Q: so possesses a technology that allows him to costlessly convert any quantity of grapes into e same…
A: The utility function establishes the connection between the overall utility attained by consuming…
Q: What is the equation of the circle (or circular arc) in terms of x and y? O A. (x+6)? + (y + 6)? =…
A: Equation of the circle:(X-H)2+(Y-K)2=r2 Where r=radiusand (H,K)=Center point of an arc or a circle.
Q: omework (Ch 01) Poornima is a skilled toy maker who is able to produce both trains and kitds. She…
A: Poornima is a skilled toy maker who is able to produce both trains and kites. She has 8 hours a day…
Q: The relationships between some economic variables w, y, and z and another economic variable, x, are…
A: in a competitive market there are large number of firms producing identical products thus acting as…
Q: Question 2 Given the relation R with attributes A, B, C, D, and E, and the following functional…
A: Answer-
Q: 64. (This problem assumes knowledge of the basic rulesof baseball.) George Lindsey (1959) looked at…
A: a) Bunting is an idea to deaden the ball so that base runner can advance or hitter can get the first…
Q: Which of the following statements is correct? a. The F test for joint exclusion restrictions is a…
A: In econometrics, an F-test is described as a statistical test that has an 'F-distribution under the…
Q: The California Highway Patrol (CHP) routinely compiles car crash data in California. The…
A: Answer in Step 2
Q: a) Determine if each equation is just identified, over identified or unidentified. Consider both…
A: Equation 1:Endogenous Variables: Exogenous Variables: Parameters to be Estimated: Rank…
Q: Nash equilibrium
A: A Nash equilibrium in game theory refers to a situation wherein each participant in a game adopts a…
Q: OMacro-1.pdf 5 / 8 110% + 土 4. What did you conclude between the two PPF graphs based on the results…
A: A production possibility frontier (PPF) is the representation of different combination of tow…
Q: Describe the difference between the "endogenous" and the "exogenous" variables of an economic model.…
A: Endogenous variables are those that are affected or determined by the relationships they have with…
Q: Prode Pce 10000 00 Demand
A: Disclaimer : “Since you have asked multiple question, we will solve the first question for you. If…
Q: QUESTION ONE [3 1.1 Explain the basic economic problem of scarcity. (1 1.2 List and discuss the two…
A: Since you have posted multiple questions , I have answered the first one for you as per the policy .…
Q: Assume that the two universities in USA (UA and UAA) are competing with one another to attract top…
A: Payoffatrix is tue representation of the startegic decision and it's pay off corresponding to the…
Q: Explain the relationship between these two formulas: Y = C + I + G + EX – IM…
A: Gross Domestic Product: It refers to the final value of all the goods and services that are produced…
Q: 3. The intelligence test scores and freshmen physics grades of a group of students are given in the…
A: Regression refers to a statistical technique used in finance, investing, and other fields to…
Q: State two concepts that Possessions/Material things can deliver in an individual's life and cite…
A: Material goods are the tangible things for which a man expends all of his blood and sweat; they are…
Q: Imagine a circular city with a circumference of 50 miles. A total of 500 people live around the…
A: A perfectly competitive market refers to the market in which there are many firms that sell…
Q: Explain what is meant by heteroscedasticity
A: One of the assumptions of the classical regression model is that the error term will have the same…
Q: (a) Analyze the data and identify the mostexpensive child. (b) Analyze the data and identify the…
A: The data can be interpreted according to the table given as the values in the table signify some or…
Step by step
Solved in 2 steps with 2 images
- Two important industries on the island of Bermuda are fishing and tourism.According to data from the Food and Agriculture Organization of the United Nationsand the Bermuda Department of Statistics, in 2009 the 306 registered fishermen inBermuda caught 387 metric tons of marine fish. And the 2,719 people employed byhotels produced 554,400 hotel stays (measured by the number of visitor arrivals).Suppose that this production point is efficient in production. Assume also that theopportunity cost of 1 additional metric ton of fish is 2,000 hotel stays and that thisopportunity cost is constant (the opportunity cost does not change).a. If all 306 registered fishermen were to be employed by hotels (in addition to the2,719 people already working in hotels), how many hotel stays could Bermudaproduce?Suppose that Verania and Josimar are roommates that need to complete some household chores. Vacuuming and washing dishes need to be done. They know from the last time they did these chores that it takes Verania 2 hours to vacuum and 1 hour to wash dishes. It takes Josimar 3 hours to vacuum and 2 hours to wash dishes. Josimar says it does not matter which task each of them performs because Verania is faster at both tasks. Josimar’s reasoning a. is wrong. Because Verania has a comparative advantage in washing dishes, she should wash dishes, and Josimar should vacuum. b. is correct. Because Verania is faster at both tasks, there is no benefit in each volunteer specializing in one task or the other. c. is wrong. Because Verania has an absolute advantage in both tasks, she should perform both tasks herself. d. is wrong. Because Josimar has a comparative advantage in washing dishes, he should wash dishes, and Verania should vacuum.X 10:32 = X Figure 2-3 Tomatoes Graph A B Strawberries A Graph A Graph B C) Graph C Blackboard Tomatoes Assignment Refer to Figure 2-3. Carlos Vanya grows tomatoes and strawberries on his land. A portion of his land is more suitable for growing tomatoes and the other portion is better suited for strawberry cultivation. Which of the graphs in Figure 2-3 represent his production possibilities frontier? Graph B Questions Filter (20) ◄ Save and Close Strawberries D either Graph A or Graph B Tomatoes Last saved 10:20:10 PM Graph C Submit Strawberries
- All raw materials are objects of work, but not all objects of work are raw materials. Select one: a)True b)False6(a) Suppose that the 149 million square kilometers of land on the surface of the population of 7 billion people in late 2011 or early 2012. population of 7 billion people in late 2011 or early 2012. 4. According to the United Nations Population Fund (UNFPA), the world reached a (a) Suppose that the 149 million square kilometers of land on the surface of the earth was divided equally among this population, so that each person was allotted a square parcel of land How long would the sides of each square parcel be? (b) According to the United Nations Food and Agriculture Organization (FAO), only about 32% of the surface of the earth is considered arable and suitable for farming. If only the arable land was divided into equal square parcels among the population, how long would the sides of each square parcel be? (c) Express your answers to parts (a) and (b) in terms of some concrete unit of length. For instance, you might compare them to the height of the Empire State Building, the span of…
- Refer to the exhibit ...what does a movement from point G to F means?5. What are the key assumptions required for instrumental variables to be a valid technique for addressing endogeneity?.Consider the following scenario to understand the relationship between marginal and average values. Suppose Sam is a professional basketball player, and his game log for free throws can be summarized in the following table. Fill in the columns with Sam's free-throw percentage for each game and his overall free-throw average after each game. Game Result Total Game Free-Throw Percentage Average Free-Throw Percentage Game 1 8/10 80 12/20 14/28 16/32 22/40 2 3 4 5 8/10 4/10 2/8 2/4 6/8 80 On the following graph, use the orange points (square symbol) to plot Sam's free-throw percentage for each game individually, and use the green points (triangle symbol) to plot his overall average free-throw percentage after each game. Note: Plot your points in the order in which you would like them connected. Line segments will connect the points automatically.
- 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…Confused on how to solve correctlyA company that produces brass hardware for doors has the ability to produce up to 6,500 hinges per week but then is unable to produce doorknobs. Or it can produce up to 650 doorknobs per week but then is unable to produce any hinges. In the graph below, use the straight-line tool to draw the company's production possibilities frontier, where the quantities are per week (do not use the point tool to plot endpoints). Then use the point tool to plot a point to indicate the company's maximum output where it is producing exactly three times as many hinges as doorknobs. To refer to the graphing tutorial for this question type, please click here. Quartity ofinge 000 7500 000 4000 000 100 1000 Quartity of doorknot
