Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Economics Expert

Explain the logic verbally using economic theory and illustrate with at least one theoretical graph (e.g., a supply-demand graph).

My variables are represented by the independent variable, annual median income, lying on the x-axis and dependent variable, greater or equal to seven hours sleep per twenty-four-hour period will lie on the y-axis. It is theorized as more individuals recieve 7+ hours of sleep per night, the higher income they will recieve. Please help in great detail how I could make this graph with a detailed technical economic statement(s).

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M92196473

Have any Question?


Related Questions in Business Economics

The average or par score for an 18 hole golf course is

The average, or "par" score for an 18 hole golf course is 72. The score is computed by counting the number of swings, or "strokes" a player must make with their club to hit the ball into each of the 18 holes on the golf ...

By chance does any know what percentage of the world gdp

By chance does any know What percentage of the world GDP has the Global 500 contributed most recently?

Suppose oregon proposes indexing the minimum wage to

Suppose Oregon proposes indexing the minimum wage to inflation. Describe the substitution and scale effects you anticipate with this policy? (In your response, assume that the minimum wage is an effective price floor and ...

A sample of 100 people is classified by gender malefemale

A sample of 100 people is classified by gender (male/female) and by whether they are registered voters. The sample consists of 80 females and 20 males, and has a total of 60 registered voters. If these data are used for ...

Understanding the importance of international trade in

Understanding the Importance of International Trade in Various Countries Whereas imports and exports in the United States each account for about one-eighth of total annual national income, in some countries the figure is ...

1 explain the reason for measuring government production at

1. Explain the reason for measuring government production at cost? 2. What is the main shortcoming in valuing government production in this way?

Research scenarionbspa social psychologist is interested in

Research Scenario:  A social psychologist is interested in whether the number of days spent in a refugee camp predicts trauma levels in recently resettled refugees. He interviews 17 refugees to determine how many days th ...

A researcher conducts a hypothesis test using a sample from

A researcher conducts a hypothesis test using a sample from an unknown population. If the t statistic has df = 35, how many individuals were in the sample?

Imagine youve started a new pizza restaurant it costs you

Imagine you've started a new pizza restaurant. It costs you about $6 to produce a pizza. Last week you sold 500 pizzas for $12 each. This week you raised your price and sold 375 pizzas for $14 each. What price should you ...

A researcher wishes to estimate90 confidence the population

A researcher wishes to? estimate,90?% ?confidence, the population proportion of adults who say chocolate is their favorite ice cream flavor. Her estimate must be accurate within 1% of the population proportion. ?(a) No p ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As