Question 4. (10 points) A consumer has the utility function U(X,Y) = X0.6 Y 0. Her income is $9600 and she faces prices Px=8 and Py=12.October 11, 2020
Suppose the production function for widgets is given by q = KL- .8K2 – .October 11, 2020
hey there I am doing a hypothesis testing research and was wondering if im doing this correctly. I state as a null hypothesis that prices of homes are equal to their assessed value and the alternative is price > assessed value. Other variables included are the number of bedrooms and sqrft. Is there a way to show a graph for this correctly and can you give me any pointers and advice
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