The logit model derives its name from
A) the logarithmic model.
B) the probit model.
C) the logistic function.
D) the tobit model.
Answer: C) the logistic function.
Economics
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To achieve ________, marginal cost ________ marginal benefit
A) production efficiency; must equal B) production efficiency; must be greater than C) allocative efficiency; must be greater than D) allocation efficiency; must be less than E) allocative efficiency; must equal
Economics
The part of the balance of payments that records (generally) minor transactions such migrant's transfers, copyrights, and trademarks is the
A) capital account. B) current account. C) financial account. D) statistical discrepancy account.
Economics