which of the following normal curves look most like the curve for u=10, o=3
which of the following normal curves look most like the curve for u=10, o=3
Consider the following Phillips curves. Which of the following is most likely to happen in the short run because of an expansionary fiscal policy? Wagenation (6) LONO RUN PHILLIPS CURVE 5% SRPC 2 ON SRPC: U2 US Unemployment Rate() Select one: 0 a. A move from A to B O b. A move from B to A O c. A move from B to C d. A move from A to C ENG
What do a firm’s Marginal Revenue (MR) and Demand curves look like in perfect competition? Draw them in a Quantity-Price/MR diagram (don’t forget to label the axes). Why do the MR and Demand curves look the way you draw? Briefly explain. Now add a Marginal Cost curve (MC) to the diagram you drew above. How is the profit-maximizing output in perfect competition determined? Mark this output as q* in the diagram. What is the price a firm in perfect competition...
Indifference Curves Sodas arded Cookies Which of the following indifference curves is the most preferred? Multiple Choice O us
Question 8 Which of these curves is the competitive firm's supply curve? O the average variable cost curve above marginal cost O the average total cost curve above marginal cost O the marginal cost curve above average variable cost o the marginal cost curve above average total cost
In the short run, there are many U-shaped cost curves. Which of the following explains why the ATC is that way in the short run? It is U-shaped because the minimum efficient scale is achieved. It is U-shaped because the AFC declines as more goods are produced. It is U-shaped because of economies and diseconomies of scale. It is not U-shaped. It is U-shaped because of increasing and decreasing returns. If a firm is experiencing economies of scale, what is...
3. For each of the following demand curves i) Find the price-elasticity of demand in terms of P ii) Determine the range of P values for which the de- mand curve is perfectly elastic, elastic, unitary elas tic, inelastic and perfectly inelastic (your answer will look like, the demand is inelastic for 0< P < 10, unitary elastic at P 10, etc) iii) Calculate the price-elasticity of demand at P-3 and give an interpretation in words of what that means...
3. For each of the following demand curves i) Find the price-elasticity of demand in terms of P ii) Determine the range of P values for which the de- mand curve is perfectly elastic, elastic, unitary elas tic, inelastic and perfectly inelastic (your answer will look like, the demand is inelastic for 0< P < 10, unitary elastic at P 10, etc) iii) Calculate the price-elasticity of demand at P-3 and give an interpretation in words of what that means...
Python 3:
The Levy curves, like the Koch curves, are fractal curves that canlbe generated recursively. Write a function levy that produces a code that can be used to draw the nth Levy curve. Each turn should be 45 degrees. You only need to generate the code, you don't need to draw the curves (though, if you like, you can use the draw function to do so) Sample runs: 〉〉〉 levy ( 0 ) >>> levy (1) LFRRFL 〉〉〉 levy...
ab If state 2 and 3 are removed, the machine will look like which of the following? ababba (b) aba,bba aba+bba (c) If state 2 is removed, the machine will look like which of the following? ab 86 bbab
Which of the following is NOT a characteristic of a normal curve? Select one: a. The mean, median, and mode are equal. b. The curve is symmetrical c. Most of the observations fall at or above the mean. d. The curve approaches but never touches the x-axis.