In a baseball league, the worst-performing teams get the opportunity to select the best third basemen coming out of college during the draft. A journal collected data for all 327327 third basemen drafted in the past 40 years as part of a study. Several variables were measured for each third baseman, including draft position left parenthesis top 10, between 11 - 50, after 50 right (draft position (top 10, between 11-50, after 50), college attended, and production score (higher scores indicate more productive third basemans). The researchers discovered that draft position is only weakly related to performance. They concluded that "higher drafted third basemen do not appear to perform any better." Complete parts (a) through (c) below. What is the experimental unit for this study?

Match each of the terms below with an example that fits the term. a. fungibility the production of gasoline b. inelasticity the switch from coffee to tea c. non-excludability the provision of national defense d. substitution the demand for cigarettes

Lavage rapide is a canadian company that owns and operates a large automatic car wash facility near montreal. the following table provides data concerning the company’s costs: fixed cost per month cost per car washed cleaning supplies $ 0.70 electricity $ 1,400 $ 0.07 maintenance $ 0.15 wages and salaries $ 4,900 $ 0.30 depreciation $ 8,300 rent $ 1,900 administrative expenses $ 1,400 $ 0.03 for example, electricity costs are $1,400 per month plus $0.07 per car washed. the company expects to wash 8,000 cars in august and to collect an average of $6.50 per car washed. the actual operating results for august appear below. lavage rapide income statement for the month ended august 31 actual cars washed 8,100 revenue $ 54,100 expenses: cleaning supplies 6,100 electricity 1,930 maintenance 1,440 wages and salaries 7,660 depreciation 8,300 rent 2,100 administrative expenses 1,540 total expense 29,070 net operating income $ 25,030 required: calculate the company's revenue and spending variances for august.

Which curve shows increasing opportunity cost as you give up more of one option? demand curve bow-shaped curve yield curve indifference curve