Ace - AI Tutor
Ask Our Educators
Textbooks
My Library
Flashcards
Scribe - AI Notes
Notes & Exams
Download App
Ogboluo Favour Chigaemezu

Ogboluo F.

Divider

Questions asked

ANSWERED

Breanna Ollech verified

Numerade educator

List 3 businesses around you, their edges, are they likely to arrive in my locality very soon and will it saturate the market,can you copy them or is it possible to get a franchise on it or be a distributor or representative

View Answer
 divider
ANSWERED

Breanna Ollech verified

Numerade educator

the major macroeconomics aggregate for a two sector economy is given as : C=60+ 0.8Yd, I= 100+5i, i= 6. calculate: 1) the equilibrium level of income , 2) the consumption multiplier. 3) If autonomous consumption increases to 80m with the same mpc and autonomous investment decreases to 50m with mpi = 3, what will ne the effect on the equilibrium level of income

View Answer
 divider
ANSWERED

Breanna Ollech verified

Numerade educator

Family owned restaurant, local clothing boutique, grocery store, fitness studio ,local brewery, craft shop (here are 6 businesses with lapses) , List their creative solutions and innovations required to yield a better product, their identified competitive advantages resulting from creativity and innovation, the edges of he innovated or new businesses over substitutes, available technology and skills needed.

View Answer
 divider
ANSWERED

Crystal Wang verified

Numerade educator

of the 10 listed local businesses above list 6 businesses that have the highest lapses, their creative solutions and innovations required to yield a better product, their identified competitive advantages resulting from creativity and innovation, the edges of he innovated or new businesses over substitutes, available technology and skills needed.

View Answer
 divider
ANSWERED

Crystal Wang verified

Numerade educator

List 6 businesses, their creative solutions and innovations required to yield a better product, their identified competitive advantages resulting from creativity and innovation, the edges of he innovated or new businesses over substitutes, available technology and skills needed.

View Answer
 divider
ANSWERED

Crystal Wang verified

Numerade educator

10 local area businesses, what makes them thrive, their lapses, what can be done by to ameliorate the lapses

View Answer
 divider
ANSWERED

Crystal Wang verified

Numerade educator

10 major businesses, what makes them thrive, their lapses, what can be done by to ameliorate the lapses

View Answer
 divider
ANSWERED

Shu Naito verified

Numerade educator

(1a) The major macroeconomic aggregate for a two sector economy are given as follows; C = 60 + 0.8Yd; I = 100 + 5i; i = 6 i) Calculate the equilibrium level of income ii) Calculate the consumption multiplier iii) If the autonomous consumption increased to 80m with the same mpc and autonomous investment decrease to 50m with mpi of 0.3 what will be the effect on the equilibrium level of income. 8mks

View Answer
 divider
ANSWERED

Shu Naito verified

Numerade educator

Question One A. Suppose the model of wage equation is specified as wage = alpha_{0} + alpha_{1}educ + mu, where wage is wage rate and educ is years of education. If he model is to be estimated by the ordinary least squares method, prove that alpha_{1} is unbiased estimate of the effect of educ on wage. (10 marks) B. Given that SST = sum_{i=1}^{n}(y - ar{y})^{2}; SSE = sum_{i=1}^{n}(hat{y} - ar{y})^{2}, and SSR = sum_{i=1}^{n} hat{mu}_{i}^{2}, show that SST = SSE + SSR and derive an expression for the coefficient of determination R^{2}. An econometrician who wanted to understand how money supply (M2) affects the gross domestic product (GDP), specified the general model of the form: GDP_{i} = alpha_{0} + alpha_{1}M2_{i} + mu_{i}. He estimated various specifications of the model as reported below. You are required to interpret the results accordingly. (i) Ghat{DP} = 1601 + 0.7246M2, where n = 204 and R^{2} = 0.934 (2.5 marks) (ii) ln Ghat{DP} = 0.8430 + 0.937 ln M2, n = 204 and R^{2} = 0.990 (2.5 marks) (iii) ln GDP = 9.6822 + 0.00000082M2 n = 204 and R^{2} = 0.414 (2.5 marks) (iv) GDP = -3269133 + 404082 ln M2 n = 204, and R^{2} = 0.532 (2.5 marks) Question Two As a young econometrician, state and describe the various steps you would take to conduct an econometric analysis. (10 marks)

View Answer
 divider
INSTANT ANSWER

Question Two 20 mrks 2a. The below table shows an unbiased transportation problems in which elther of the supply of demund is higher than the other. \begin{tabular}{|l|l|l|l|l|} \hline Seurese & R & A & N & Total supply \\ \hline O & 4 & 8 & 8 & 70 \\ \hline W & 16 & 24 & 16 & 82 \\ \hline L & 8 & 16 & 24 & 80 \\ \hline Total denuind & 80 & 100 & 32 & \\ \hline \end{tabular} I Solve the problem to determine the minimum transportation cost using Northwest and least cost methods. ii. Define the terms involved in simplex method. 2b. Design the project network having the following activities and immediate predecestor a if. I. \begin{tabular}{|l|l|} \hline Activity & Predecessor \\ \hline A & \\ \hline B & \\ \hline C & B \\ \hline D & A.C \\ \hline E & C \\ \hline F & C \\ \hline G & D.E.F \\ \hline \end{tabular} \begin{tabular}{|l|l|} \hline Activity & Predecessor \\ \hline A & \\ \hline B & \\ \hline C & \\ \hline D & A \\ \hline E & B \\ \hline F & D,E \\ \hline G & C \\ \hline H & F,G \\ \hline \end{tabular}

View Answer
 divider