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Author Question: On a graph, high correlation between the variable measured along the x-axis and the variable ... (Read 80 times)

RRMR

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on: Jun 29, 2018
On a graph, high correlation between the variable measured along the x-axis and the variable measured along the y-axis
 
  A) means that changes in the variable measured along the x-axis must cause changes in the variable measured along the y-axis.
  B) means that changes in the variable measured along the y-axis must cause changes in the variable measured along the x-axis.
  C) means that changes in either variable must cause changes in the other variable.
  D) does NOT mean that a change in the variable measured along the x-axis must cause a change in the variable measured along the y-axis.

Question 2

The table above gives the marginal social cost (which equals the price), marginal private benefit, and marginal social benefit of students attending Diablo Valley College (DVC) in Concord, California.
 
  a. When 4,500 students attend DVC, what does the marginal external benefit equal?
  b. If the market is competitive and left without government intervention, what is the quantity of students that will attend DVC and what will be the price of a course?
  c. What is the efficient quantity of students attending DVC?
  d. If the government can set the price per course, in order to have the efficient quantity of students attending DVC, what should the government set as the price?
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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ghepp

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Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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RRMR

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

milbourne11

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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