Classify each of the studies as either descriptive or inferential. Explain your answers.

A company provides an online database that provides real estate information for homes that are for rent or sale in a certain country. It also presents statistics on recently sold homes. The following table gives various information on all homes sold in several different cities in the country for one month.

City Price per square foot Sale to list price ratio % foreclosure re-sales

Scottsdale, AZ $167 0.973 12.43%
Washington, DC $436 0.990 2.88%
San Francisco $636 1.026 6.55%
as Vegas, NV $74 1.000 19.45%
Nashville, TN $106 0.973 18.09%

Financial information that is capable of making a difference in a decision is

Regarding the results of a swot analysis, organizational weaknesses are (a) internal factors that the organization may exploit for a competitive advantage (b) internal factors that the organization needs to fix in order to be competitive (c) mbo skills that should be emphasized (d) skills and capabilities that give an industry advantages problems that a specific industry needs to correct

1. consider a two-firm industry. firm 1 (the incumbent) chooses a level of output qı. firm 2 (the potential entrant) observes qı and then chooses its level of output q2. the demand for the product is p 100 q, where q is the total output sold by the two firms which equals qi +q2. assume that the marginal cost of each firm is zero. a) find the subgame perfect equilibrium levels of qi and q2 keeping in mind that firm 1 chooses qi first and firm 2 observes qi and chooses its q2. find the profits of the two firms-n1 and t2- in the subgame perfect equilibrium. how do these numbers differ from the cournot equilibrium? b) for what level of qi would firm 2 be deterred from entering? would a rational firm 1 have an incentive to choose this level of qi? which entry condition does this market have: blockaded, deterred, or accommodated? now suppose that firm 2 has to incur a fixed cost of entry, f> 0. c) for what values of f will entry be blockaded? d) find out the entry deterring level of q, denoted by q1', a expression for firm l's profit, when entry is deterred, as a function of f. for what values of f would firm 1 use an entry deterring strategy?