AI Moral Hazard and Uncertainty Solve the case of moral hazard and uncertainty. See table below. Driving carefully carelessly Prob. loss Prob. loss accident 0.25 $10.000 0.75 $10,000 no accident 0.75 0 0.25 0 1. Make cases when insurance is or is not included. Analyze your results 2. In both cases, alter the probabilities of […]
Using Linear Programming (Using RStudio) find the minimum cost, how many units are kept in warehouses A and B, the cost of bringing products to store E, and check for compliance with restrictions.
Module 7 Assignment: Linear Programming (Oct 9) A company wants to minimize the cost of transporting its product from its warehouses (2) to its stores (3). If the load leaves store A, the cost of the unit transported to store C is $8, to store D is $6, and to store E is $3. If […]
Review the lecture ECON_760_M8, then discuss your results of spatial regression, explain whether convergence is met or not.
Module 8: Discussion: Spatial RegressionReview the lecture ECON_760_M8, then discuss your results of spatial regression, whether convergence is met or not. In your discussion, mention the firms in that state that create disparities in space if convergence is not met. Also, indicate how the state’s economic structure has been changing, whether it is in the […]
Prepare an article explaining can natural farming be an economically viable option for marginal and small farmers? Include evidence from Andhrapradesh, India.
Natural farming Prepare an article explaining can natural farming be an economically viable option for marginal and small farmers? Include evidence from Andhrapradesh, India. The data needs to be analysed according to the reference paper provided by your instructor. All comparisons between the natural and conventional farming in the state and among the agro-climatic zones […]
In a two-page paper APA formatted paper, explain what you learned, and apply it to something current in the microeconomic climate that you believe is important.
Understanding Elasticity Watch videos on the following Khan Academy Page: https://www.khanacademy.org/economics-finance-domain/microeconomics/elasticity-tutorial (Links to an external site.) Then, identify two areas that you feel the site and videos helped you understand more thoroughly. In a two-page paper APA formatted paper, explain what you learned, and apply it to something current in the microeconomic climate that you […]
Find the price of that product or service in each country. With all this information, compute the parity exchange rate (PPP) per year and indicate whether the domestic currency is overvalued or undervalued for the US dollar.
Exchange rates Choose five countries and their exchange rates for the US dollar price in terms of the domestic currency Construction and Analysis of a Purchasing Power Parity Index (PPP) Choose five countries and their exchange rates for the US dollar price in terms of the domestic currency. Choose 1 product (or service) marketed in […]
Identify each of the following quotes below as being associated with either the concept of the invisible hand or the concept of creative destruction.
Topic: Session 1 Review Questions 2. Indicate whether each of the following statements applies to microeconomics or macroeconomics. L01.3 a. The unemployment rate in the United States was 3.7 percent in December 2018. b. A U.S. software firm laid off 15 workers last month and transferred the work to India. c. An unexpected freeze in […]
What do economists mean when they say “Price floors and ceil-ings stifle the rationing function of prices and distort resource allocation”?
Topic: Session 1 Discussion Questions Read chapters 1, 2, & 3 and answer Discussion Questions Chapter 1: 1 & 7, Chapter 2: 1 & 10, Chapter 3: 1, 3, & 7 I. What is an opportunity cost? Flow does the idea relate V: the definition of economics? Which of the following decisions would entail the […]
In a research paper introduce your econometrics topic and tell the audience why it’s crucial. Also, include a main statement summarizing the entire paper.
Technology 1. Write the introduction: Introduce your econometrics topic and tell the audience why it’s crucial. Also, include a main statement summarizing the entire paper. 2. Describe the theoretical model: Tell the readers about the theoretical models to structure the empirical work. 3. Present the data: Describe the data, whether time series or cross-sectional. Use […]
Calculate the Grubel Lloyd Index between the United States and the rest of the countries. Interpret your results indicating which type of trade is present, Inter-industrial or Intra-industrial.
Assignment: Grubel-Lloyd Index Choose the United States, Canada, Mexico, Germany, France, United Kingdom, Spain, Japan, and Australia, New Zealand. Search information on exports and imports between the United States and the rest of the countries for 1960, 1970, 1980, 1990, 2000, and 2010. You can access the following link https://www.census.gov/foreign-trade/statistics/highlights/toppartners for this information. Calculate the […]