19. What could explain a decrease in demand for sugar cane? Demand for sugar has increased. New techniques of producing substitutes for sugar have been introduced. Productivity of sugar cane plantations has increased. The area of land on which sugar cane is grown has increased. A. В. С. D. LAAE World Relays which attracted a large nur 20 In 201 S The Reb

19. What could explain a decrease in demand for sugar cane? Demand for sugar has increased. New techniques of producing substitutes for sugar have been introduced. Productivity of sugar cane plantations has increased. The area of land on which sugar cane is grown has increased. A. В. С. D. LAAE World Relays which attracted a large nur 20 In 201 S The Reb

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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QUESTION 10 YouTube generates revenue by showing ads to consumers who watch videos on its website. Suppose that, for each person watching a video, YouTube receives one dollar in ad revenues (P=1). Arthur is a professional video-game player. He plays the video-game "Fortnite" and uploads his video to YouTube. The number of people who will watch his video depends on Arthur's effort producing the video and increasing its quality. The number Q of viewers as a function of Arthur's effort "e" is given by the function Q= Be. Arthur's offort cost is 202. His utility equals his income minus ys effort cost. To give incentives to Arthur to create better videos and attract more viewers, YouTube decides to pay Arthur a bonus b for each person watching his video. YouTube also has an operational cost 30 Operational cost - 32 which is the cost of maintaining its internet servers and administrative staff. YouTube's profit equals the ad revenue minus the payment to Arthur and the operational cost. Find…
A traditional performance rating benchmark (or guideline) for “normal” effort, or speed, is dealing 52 cardsinto four piles, forming a square with each pile one footapart, in 0.50 minute. Conduct an experiment with one ormore fellow students in which one deals the cards andthe others rate the dealer’s performance, and then compare these subjective ratings with the actual time of thedealer.
Solve it correctly question (d) parts early.
xt:Bong-Cha is deciding what to do during the 30-minute break between her college classes. One rule she could follow is, "Choose the activity with the highest value" (A). Another rule she could follow is, "Choose the activity with the lowest opportunity cost" (B). Do you think Bong-Cha's choice if she follows rule (A) will be the same as the choice she would make if she followed rule (B)? [another way to think about it, "Is rule (A) identical to rule (B) in a sense that they would both induce the same choice?"].
2. (4) A pediatrician wants to determine the relation that exists between a child's height and head circumference. She randomly selects 11 children from her practice, measures their heights and head circumference, and obtains the following data. 27.75 24.5 25.5 26 Height (inches) 25 Head Circumference 17.5 17.1 17.1 17.3 16.9 (inches) 27.75 26.5 27 26.75 26.75 27.5 17.6 17.3 17.5 17.3 17.5 17.5 Use 0.05 level of significance to test whether there is a linear correlation between a child's height and head circumference. Assume requirements satisfied.
Question One a) The University of the East Europe is interested in the overall performance of its students in the academic year 2020/2021. There were 1460 students registered for this academic year. The University decides to select a sample of 150 students from each of the 5 faculties- Science, Medicine, Law, Social Science and Humanities in proportion to the number of students in each faculty. Identify the population of interest for this scenario. ii. i. Identify the sampling technique used by the researcher. State one advantage and one disadvantage of the sampling technique described in the given scenario. If the medical faculty has 584 students registered, calculate how many medical students would be part of the sample of 150. iii. iv.
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6
Hayfever Farms is an 80‑acre hay farm in Colorado. Due to the legalization of marijuana production in the state, the owners are considering changing the farm's name to Blissful Acres and growing marijuana instead of hay. Use the information presented in the table to answer three questions. Number of acres MC $ MR $ (hay) MR $ (marijuana) 10 320 730 5,600 20 200 730 5,600 30 540 730 5,600 40 730 730 5,600 50 1,200 730 5,600 60 3,200 730 5,600 70 5,600 730 5,600 80 6,700 730 5,600 If they continue to grow only hay, how many acres should Hayfever Farms devote to growing hay in order to maximize profits? area devoted to hay:_______ acres If the owners decide to only grow marijuana, how many acres should Blissful Acres devote to growing marijuana in order to maximize profits? area devoted to marijuana:_______ acres Which outcome likely happens due to the legalization of marijuana production and consumption? The number of growers…
Select 3 courses from a list of 7. How many different courses can be selected? Group of answer choices 7*6*5 = 210 (7*6*5)/3 = 70 (7*6*5)/(3*2*1) = 35 3*7 = 21 7*6 = 42