has negative profit. b. marginal cost equals $100. c. marginal cost equals $150. d. marginal cost equals marginal revenue. 2. A retailer has to pay $9 per hour to hire 13 workers. If the retailer only needs to hire twelve workers‚ a wage rate of $7 per hour is sufficient. What is the marginal cost of the 13th worker? a. $117. b. $9. c. $33. d. $84. 3. A computer manufacturer can produce 5 computers for $5‚000 and 10 computers for $7‚500. Based on this information‚ what is the
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What are Segmentation Variables? To understand what segmentation variables in marketing are‚ it helps to first know what market segmentation is. Market segmentation is the analysis of population demographics so they can be categorized in specific ways. These specific ways of categorization in market segmentation are why segmentation variables are needed and used. Four (4) groups of Segmentation Variables – 1. Geographic segmentation is based on variables such as: • Region: this kind of
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The juvenile justice system was created for a simple but specific reason‚ and that was to have a separate system for juveniles. Juveniles were treated as adults before the first juvenile court was established in the 1800’s. According to the book the juvenile system was created to focus on “rehabilitation of youthful offenders” (Lawrence & Hemmens‚ 2008). I think there are two systems for a reason‚ but they are different in a lot of ways. One the big difference is age‚ most juvenile are under the
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Types of Variables Binary variable Obsevations (i.e.‚ dependent variables) that occur in one of two possible states‚ often labelled zero and one. E.g.‚ “improved/not improved” and “completed task/failed to complete task.” Categorical Variable Usually an independent or predictor variable that contains values indicating membership in one of several possible categories. E.g.‚ gender (male or female)‚ marital status (married‚ single‚ divorced‚ widowed). The categories are often assigned numerical
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Community policing is defined as a philosophy‚ management style‚ and organizational strategy centered on police-community partnerships and problems solving to address problems of crime and social disorder in society. While community policing was first seen during the Frankpledge System‚ as it was built from the “ground up”‚ policing took a turn for the worst to the traditional model of policing‚ where a hierarchy exists. The traditional model focuses on random‚ rapid and reactive investigations‚
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Crime rates have changed through out history. This information is available to us because of programs designed to track the rate crimes increase in comparison to a component of the population. The crime rates are guidelines that help us manage the potential increase in future crimes and help us devise a system that is prepared to deal with the complications they pose to our society. There are three programs commonly used to establish crime rates. Uniform Crime Reporting
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INCREASING CRIME RATES IN INDIA AND WAYS TO CURB IT Human society is gradually but surely criminalised.Everyday the newspapers report ghastly murders‚ sensational robberies ‚ rapes ‚ thefts and kidnappings. Naturally ‚ the graph of crime in today’s society is sharply on the rise . Living has become quite risky ‚ unplesant and unsafe . Women and old people are the worst suffers. Our cities have become the dens of smugglers and criminals . The capitals of India ‚ new delhi ‚ has earned a rare notoriety
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turn increasing the likelihood of juvenile delinquency. This is very important to me because I have a willing mine to try and come up with an idea to
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Use of Dummy Variables in Testing for Equality Between Sets of Coefficients in Linear Regressions: A Generalization Author(s): Damodar Gujarati Source: The American Statistician‚ Vol. 24‚ No. 5 (Dec.‚ 1970)‚ pp. 18-22 Published by: American Statistical Association Stable URL: http://www.jstor.org/stable/2682446 . Accessed: 09/07/2013 18:34 Your use of the JSTOR archive indicates your acceptance of the Terms & Conditions of Use‚ available at . http://www.jstor.org/page/info/about/policies/terms
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VIEWPOINT: DOES ABORTION LOWER CRIME RATE? By: Robert J. Barro This article reviews various reasons for lower crime rates in the United States since 1991. There were many explanations offered such as better cops‚ strong economy‚ restrictions on crack cocaine. Of all the explanations offered‚ legalizing abortions was very interesting and unpredictable among them. It clearly had the evidence that legalization led to increase in number of abortions in 1973 resulting in drop of crimes in 1991. Further evidence
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