Using the Excel data set College Distance, Preview the document described herePreview the document, run a regression of years of completed schooling (ed)(ed) on distance (in 10s of miles) from a 4-year college (dist).(dist).

(a) The coefficient on distance (dist) is (three decimal places). If distance increases by 30 miles, years of completed schooling change by years (three decimal places).

(b) Regress completed schooling (ed)(ed) on the variables dist, female, black, Hispanic, bytest, dadcoll, incomehi, ownhome, cue80,dist, female, black, Hispanic, bytest, dadcoll, incomehi, ownhome, cue80,and stwmfg80.stwmfg80. The coefficient on distance (dist) is now (three decimal places). This indicates that living 20 miles closer will change schooling by years (three decimal places).

a) the first blank is -0.042

b)the first blank is -0.032

Tandard product costs deerfield company manufactures product m in its factory. production of m requires 2 pounds of material p, costing $4 per pound and 0.5 hour of direct labor costing, $10 per hour. the variable overhead rate is $8 per direct labor hour, and the fixed overhead rate is $12 per direct labor hour. what is the standard product cost for product m? direct material answer direct labor answer variable overhead answer fixed overhead answer standard product cost per unit answer

Magic realm, inc., has developed a new fantasy board game. the company sold 15,000 games last year at a selling price of $20 per game. fixed expenses associated with the game total $182,000 per year, and variable expenses are $6 per game. production of the game is entrusted to a printing contractor. variable expenses consist mostly of payments to this contractor. required: 1-a. prepare a contribution format income statement for the game last year.1-b. compute the degree of operating leverage.2. management is confident that the company can sell 58,880 games next year (an increase of 12,880 games, or 28%, over last year). given this assumption: a. what is the expected percentage increase in net operating income for next year? b. what is the expected amount of net operating income for next year? (do not prepare an income statement; use the degree of operating leverage to compute your answer.)

The interaction of individual choices because a type of fish is on the verge of extinction, the government imposes rules that prohibit fishing in the publicly owned spawning grounds. at first owners of fshing bouts complain about this restriction on where they can fish, but soon they notice that the number of adult fish swimming outside the protected area is much higher than it was before. with the restriction, each fishing boat ends up catching more fish than it did before the r which of the following principles of economic interaction best describes this scenario? o there is a tradeoff between equality and efficiency o markets usually lead to efficiency. o when markets do not achieve efficiency, government intervention can improve overall welfare o markets allocate goodseffectively