The discipline is Managerial Economics. Answer the following: Answer the following questions: 1) Explain the relative advantages and disadvantages of each of the following: a.) time-series and cross-section studies for estimating cost functions in the short run and long run. b.) using a polynomial cost function compared with a power function for a long-run analysis. […]
Explain the sources of comparative advantage for the domestic production versus the country identified for international expansion.
Identify a good or service that you are familiar with and have utilized. It could be related to your work or perhaps a product that you are familiar with from home use. Research the current state of international trade for that product. Propose an additional country for international expansion. Present your recommendations with a PowerPoint […]
Identify the linear demand function by using exel Statistical Functions,
The manager of a gas station decided to identify his customers’ demand curve for gasoline of in order to improve the profitability of his gas station. For this reason he collected data during a three months interval of time and on this basis created the following table indicating the relationship between the price of a […]
dentify two most important demand variables and two most important supply variables affecting dry bulk freight rates
You may discuss dry bulk freight rates for the overall dry bulk shipping market (e.g., reflected by an index such as BDI, BCI, BPI or other indices) or dry bulk freight rates for a specific shipping route (e.g., Australia-China or other shipping routes). Identify two most important demand variables and two most important supply variables […]
alculate the average of the percentile ranks of the math and reading tests for every individual in each year.
Problem description In this problem set, you will replicate – as well as possible using publicly available data – key results on the Tennessee Student-Teacher Achievement Ratio (STAR) experiment presented in Krueger (1999). The STAR experiment was a pioneering randomized study from the field of education, designed to estimate the effects of smaller classes in […]
Why are small companies receiving fewer applications from experienced professionals?
Case Article: https://hbswk.hbs.edu/item/economic-jitters-push-pandemic-job-seekers-to-big-companies-not-startups Summarize the case, address the following questions and give recommendations at the end of the document. 1) Why are small companies receiving fewer applications from experienced professionals? 2) How can startups overcome pandemic fears and compete with big companies for talent? 3) How has Covid-19 impacted the job market and how people […]
Why was there a difference between the growth rate in nominal GDP and real GDP?
1. (20 points) Nominal GDP GDP Deflator Year (tlillions 5) (base year 2005) 2020 $15 2002 $10 92 a. Calculate the growth rate of nominal GDP between 2002 and 2020. You may use the formula 100 x over an N-year period and then a calculator on the web, but make sure you show how you […]
Evaluate which economic model or concept is most useful to analyze a particular personal, business, or social decision.
1. Evaluate which economic model or concept is most useful to analyze a particular personal, business, or social decision. 2. Apply macroeconomic concepts and models to analyze personal, business, and social decisions at the intermediate level of proficiency.
Explain the usage of cryptocurrency in the modern world.
The Usage of Cryptocurrency in The Modern World My focus is on Bitcoin, Ripple/XRP, and Vechain. There is a rubric attached as well as a research outline.
Describe fiscal regime for Petroleum exploration in Cambodia.
Describe fiscal regime for Petroleum exploration in Cambodia