This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Changes in prices of a good causes a. Movement along the demand curve b. Movement along the supply ... (Read 45 times)

james0929

  • Hero Member
  • *****
  • Posts: 586
on: Jul 1, 2018
Changes in prices of a good causes
 a. Movement along the demand curve
  b. Movement along the supply curve
  c. No effect to either curve
  d. Both a and b

Question 2

Appendix: When using a multiplicative power function (Y = a X1b1X2b2X3b3) to represent an economic relationship, estimates of the parameters (a, and the b's) using linear regression analysis can be obtained by first applying a ____ transformation to convert the function to a linear relationship.
 a. semilogarithmic
  b. double-logarithmic
  c. reciprocal
  d. polynomial
  e. cubic


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

debra928

  • Sr. Member
  • ****
  • Posts: 342
Reply #1 on: Jul 1, 2018
Answer to Question 1

d

Answer to Question 2

b


james0929

  • Member
  • Posts: 586
Reply 2 on: Jul 1, 2018
:D TYSM

amandanbreshears

  • Member
  • Posts: 320
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Direction of Movement of Extraocular Muscles Direction of Movement of Extraocular Muscles
A sigmoid (cooperative) binding curve A sigmoid (cooperative) binding curve
The S-curve in the human vertebral column--a result of the evolution of bipedality--makes humans hig The S-curve in the human vertebral column--a result of the evolution of bipedality--makes humans hig
The growth in demand for oil in China is driven by the growth in demand for personal transport The growth in demand for oil in China is driven by the growth in demand for personal transport
The demand for energy is met by burning coal and other fossil fuels The demand for energy is met by burning coal and other fossil fuels
Oatmeal and other whole grain cereals are good sources of carbohydrates to start your morning off Oatmeal and other whole grain cereals are good sources of carbohydrates to start your morning off
Video: Proteins Defined, Hierarchy & Composition of Cells

For a complete list of videos, visit our video library