How to draw isoquant curves for a certain quantity? What does “increasing return to scale” and “decreasing returns to scale” mean? What is “capital input” if all I have is quantity of labor and total quqntity of product?Typically, a production isoquant is drawn on a graph with labor on one axis, capital on the other. Because of decreasing returns to scale, isoquants have a concave shape (bow pointing towards the (0,0) point). The isoquant represents the mix of capital and labor that will produce a given, fixed level of output. (So, increasing labor and holding capital constant would move you to a higher isoquant. Substituting labor for capital could move you along the isoquant curve). Increasing returns to scale: increasing an input by x% creates MORE than an x% increase in output. For example, two construction workers, working together, can build more than twice as fast as one worker working alone). Decreasing returns to scale: increasing an input by x% creates LESS than an x% increase in output. Im not sure how to answer your last question. If your only input is labor, then your optimal isoquant will be a “corner” solution — where the isoquant crosses the labor axis. Ergo, capital input is zero. Or do you have a problem where you know the amount of labor and you know total output and you are asked to determine the efficient amount of capital used?Hi! Very nice site! Thanks you very much! MD3zIBpWMOlGM

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How to do Multiple Logistic Regression in R, I know there is “mlogit” package but I have hundreds of variables while “mlogit” does not support “~.” to represent the rest of variables. The formulas support the Multiple Logistic Regression is in “Elements of Statistical learning” p119 equation (4.17). Please also give me the idea behind the code, as it confused me for days.

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how to do distributive property equations?

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<<You don’t need to show this in your homework, but you should do it.>> Open the script named CreateMyGuitarShop.sql that’s in the Exercise Starts directory. Then, run this script. That should restore the data that’s in the database.

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Chapter 7 qattachments_395fdc0aa35d173aabd7152e53e67341b46fa76a.docx Murach’s SQL Server 2012 How to insert, update, and delete dataTo test whether a table has been modified correctly as you do these exercises, you can write and run anappropriate SELECT statement.1 Write an INSERT statement that adds this row to the Categories table:CategoryName: Brass Code the INSERT statement so SQL Server automatically generates the value for the CategoryID column.1. Write an UPDATE statement that modifies the row you just added to the Categories table. This statementshould change the ProductName column to “Woodwinds”, and it should use the CategoryID column toidentify the row.2. Write a DELETE statement that deletes the row you added to the Categories table in exercise 1. Thisstatement should use the CategoryID column to identify the row.3. Write an INSERT statement that adds this row to the Products table:ProductID:CategoryID:ProductCode:ProductName:Description:ListPrice:DiscountPercent:DateAdded: The next automatically generated ID4dgx_640Yamaha DGX 640 88-Key Digital PianoLong description to come.799.990Today’s date/time. Use a column list for this statement.4. Write an UPDATE statement that modifies the product you added in exercise 4. This statement should changethe DiscountPercent column from 0% to 35%.5. Write a DELETE statement that deletes the row in the Categories table that has an ID of 4. When you executethis statement, it will produce an error since the category has related rows in the Products table. To fix that,precede the DELETE statement with another DELETE statement that deletes all products in this category.6. Write an INSERT statement that adds this row to the Customers table:EmailAddress:Password:FirstName:LastName: (empty string)RickRaven Use a column list for this statement.7. Write an UPDATE statement that modifies the Customers table. Change the password column to “secret” forthe customer with an email address of .8. Write an UPDATE statement that modifies the Customers table. Change the password column to “reset” forevery customer in the table.9. &lt;&lt;You don’t need to show this in your homework, but you should do it.&gt;&gt; Open the script namedCreateMyGuitarShop.sql that’s in the Exercise Starts directory. Then, run this script. That should restore thedata that’s in the database.

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