Me1 Problem Set #2 The US College Enrollment and the “Third Law of Demand” A theorem proposed by Professors Alchian and Allen in their text‚ University Economics (1964) has had several rebirths of interest in the literature. The so-called “third law of demand‚” or “relative price theorem‚” holds that a fixed cost added to a good of varying quality causes the consumer to prefer the category considered of higher quality to the lower. Recently a number of studies‚ keeping this theorem in mind have
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s P = 77.8 J/s 4. How much power is developed by a car that runs 80 m/s when the force is equal to 50 000 N. Given: Formula: V = 80 m/s W = Fv F = 50 000 N Solution: W = 50 000 N x 80 m/s W = 4 000 000 J/s Electricity 5. Charges of 6 and + 4 nC are 3 m apart. Determine the force they exert on each other‚ and the electric field at a point midway between them. Given: Formula: k = 9 x 109 Felec = k q1 q2 /r2 q1 = 6 x 109 C q2 = 4 x 109 C r = 3 m
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GENERAL BIOCHEMISTRY Problem Set No. 1 Answered by: Andrea Rose A. Fajardo of BSFT 2-1N 1. Calculate the pH of a dilute solution that contains a molar ratio of potassium acetate to acetic acid (pKa=4.76) of: a. 2:1 pH = 4.76 + log[2]/[1] = 4.76 + 0.3010 = 5.06 b. 1:4 pH = 4.76 + log[1]/[4] = 4.76 + (-0.6021) = 4.16 c. 6:5 pH = 4.76 + log[6]/[5] = 4.76 + 0.0792
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this change‚ how would that affect its net income‚ assuming other things are held constant? a. $267.34 b. $281.41 c. $296.22 d. $311.81 e. $328.22 4. Heaton Corp. sells on terms that allow customers 45 days to pay for merchandise. Its sales last year were $425‚000‚ and its year-end receivables were $60‚000. If its DSO is less than the 45-day credit period‚ then customers are paying on time.
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Econ 214 Problem Set 5 1. What impact will an unanticipated increase in the money supply have on the real interest rate‚ real output‚ and employment in the short run? How will expansionary monetary policy affect these factors in the long run? Explain. The money supply in an economy is the benchmark by which interest rates are determined. The supply of money is directly tied into the amount of money that can be loaned and borrowed in various capacities. The more money there is to loan
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ECE 302 Problem Set 9 Fall 2013 The following problems have been selected from the course text. 4.78 In a large collection of wires‚ the length of a wire is X‚ an exponential random variable with mean 5π cm. Each wire is cut to make rings of diameter 1 cm. Find the probability mass function for the number of complete rings produced by each length of wire. 4.85 The exam grades in a certain class have a Gaussian pdf with mean m and standard deviation σ. Find the constants a and b so that
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BE 13.8 Vertical analysis (common-size) percentages for Vallejo Company’s sales‚ cost of goods sold‚ and expenses are listed below: VERTICAL ANALYSIS 2012 2011 2010 Sales 100.0% 100.0% 100.0% Cost of goods sold 60.5 62.9 64.8 Expenses 26.0 26.6 27.5 Net Income 13.5 10.5 7.7 Did Vallejo’s net income as a percent of sales increase‚ decrease‚ or remain unchanged over the 3 year period. Provide numerical support for your answer. Sales – Cost of Goods Sold – Expenses = Net Income 100 – 64.8
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Problem Set 1 Macroeconomics‚ ECON 2123 (Instructor: Partha Sen; TA: Peter Tsui) ------------------------------------------------------------------------------------------------------------------------------------ Posted: Friday‚ 19 September 2014 Due: 5:00 PM Friday‚ 26 September 2014 (Submit your homework into the homework collection box outside the department office) 100 marks total Part I: True/False/Uncertain (20 marks‚ 4 marks each) 1. GDP is the value of all goods and services produced
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Problem Set 3 Macroeconomics‚ ECON 2123 Sections L3 and L4 P. Sen Posted 9.11.14. Due 5 PM 17.11.14. ----------------------------------------------------------------------------------------------------------------------------------- 100 marks total Part I: True/False/Uncertain Please justify your answer with a short argument for each question and draw a diagram if necessary. (25 marks‚ 5 marks each: 2 marks for correct judgment and 3 marks for correct argument) 1. Suppose that workers in the Republic
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Econ 122B Problem Set 3 Name(Print)______________________ Due in class on March 3 UCI ID____________________________ 1. In class‚ we have talked about the following simple wage equation wage female u ‚ where female is a dummy that is equal to 1 if female‚ and 0 otherwise. Given the OLS estimates ˆ and ˆ for the above model‚ what are the OLS estimates for a model with a
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