Business, 02.06.2020 15:57 gaelle90701
Match each of the terms below with its definition. (I already have the answer I'm just helping out anyone else who needs it)
Absolute advantage: The ability to produce more cheaply
Comparative advantage: The existence of lower opportunity costs than competitors.
Opportunity costs: The best alternative given up by a particular production decision.
Protectionism: The existence of barriers of free-flowing trade.
Answers: 2
Business, 22.06.2019 11:00
Using a cps-sample of 7,440 individuals, you estimate the following regression: = 20.91 - 2.61 x female where female is a binary variable that takes on the value of 1 for females and is 0 otherwise. the standard error on the coefficient on female is 0.25. the 95% confidence interval for the gender wage gap, or the amount that females earn less, is: a) [-3.10, -2.12] b) [18.30, 23.52] c) [-3.02, -2.20] d) [-1.96, -1.64]
Answers: 3
Business, 22.06.2019 14:30
Your own record of all your transactions. a. check register b. account statement
Answers: 1
Business, 22.06.2019 16:40
Based on what you learned about time management which of these statements are true
Answers: 1
Business, 22.06.2019 19:50
Aproduction line has three machines a, b, and c, with reliabilities of .96, .86, and .85, respectively. the machines are arranged so that if one breaks down, the others must shut down. engineers are weighing two alternative designs for increasing the line’s reliability. plan 1 involves adding an identical backup line, and plan 2 involves providing a backup for each machine. in either case, three machines (a, b, and c) would be used with reliabilities equal to the original three. a. compute overall system reliability under plan 1. (round your intermediate calculations and final answer to 4 decimal places.) reliability b. compute overall system reliability under plan 2. (round your intermediate calculations and final answer to 4 decimal places.) reliability c. which plan will provide the higher reliability? plan2plan1
Answers: 3
Match each of the terms below with its definition. (I already have the answer I'm just helping out a...
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