Answer: D) is the square of the t-statistic.
For a single restriction (q = 1), the F-statistic
A) is the square root of the t-statistic.
B) has a critical value of 1.96.
C) will be negative.
D) is the square of the t-statistic.
Economics
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For a monopoly, marginal revenue is less than price because
A) the firm is a price taker. B) the firm must lower price if it wishes to sell more output. C) the firm can sell all of its output at any price. D) the demand for the firm's output is perfectly elastic.
Economics
The phenomenon whereby labor decreases in response to a decrease in the wage rate is called
a. the substitution effect. b. the scale effect. c. derived demand from a change in wage. d. the factor regressivity of labor.
Economics