Imagine you own your own business and have to make daily decisions about how to allocate available resources such as input of production, time, purchasing decisions, and so forth. What role do you think microeconomics has in running a business? Which of the principles of economics outlined in your reading would you be more likely… Continue reading What role do you think microeconomics has in running a business?
Hi, I am working on a small study. It is about COVID-19 infection and the risk of developing pulmonary fibrosis. I have the excel data sheet, and there are many variables. I need help with the SPSS system to help analyze the data. Basically, I want to know if there is any association between each… Continue reading COVID-19 infection and the risk of developing pulmonary fibrosis
A = diag(2*ones(1,N-1)) + diag(-1*ones(1,N-2),1) + diag(-1*ones(1,N-2),-1); A=(N^2)*A If this is the Matrix we need to ask for. How should we go about computing this with a 4 grid v cycle? I am more confused about 4grid (h,2h,4h,8h,4h,2h) I got two grid h and 2h, but no idea for 4h, and 8h I need some… Continue reading How should we go about computing this with a 4 grid v cycle?
Based on the outcome of the simulation, was the sale price you set the same as the equilibrium price? Refer to the supply and demand model to explain why they might be different. Imagine that you own your own business. How would price elasticity of demand impact the pricing decisions of your business? What are… Continue reading What are the determinants of price elasticity of demand?