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Author Question: If we seek to explain the number of seats sold on a particular air route, say Toronto to Halifax, ... (Read 113 times)

mustachegiraffe

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on: Oct 12, 2022

Question 1

Suppose an individual wheat farmer's income is influenced by the region's average daily temperature. When examining the determinants of individual farmer income, the average daily temperature is a(n) ________ variable.
◦ induced
◦ flow
◦ endogenous
◦ dependent
◦ exogenous

Question 2

If we seek to explain the number of seats sold on a particular air route, say Toronto to Halifax, over a one-year period, we would consider many variables. Which of the following variables would be endogenous to our theory?
◦ the number of airline seats sold on this route
◦ the price of jet fuel
◦ the unemployment rate in Toronto
◦ the average salary of Canadian airline pilots
◦ the number of fog days in Halifax
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by mustachegiraffe on Oct 12, 2022

lactosetheintolerant

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Reply #1 on: Oct 12, 2022
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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mustachegiraffe

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Reply 2 on: Oct 12, 2022
:D TYSM

tkempin

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

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