Where Qi is the total tonnage of grain shipped in week i, Pi is the price of shipping a ton of grain by rail, Icei is a binary variable that is equal to 1 if the Great Lakes are not navigable because of ice. Ice is included because grain could also be transported by ship when the Great Lakes were navigable. Estimate the demand equation by OLS. What is the estimated value of the demand elasticity and its standard error

Buyer henry is going to accept seller shannon's $282,500 counteroffer. when will this counteroffer become a contract. a. counteroffers cannot become contracts b. when henry gives shannon notice of the acceptance c. when henry signs the counteroffer d. when shannon first made the counteroffer

Beagle autos is known for its affordable and reliable brand of consumer vehicles. because its shareholders expect to see an improved rate of growth in the coming years, beagle's executives have decided to diversify the company's range of products so that at least 40 percent of the firm's revenue is generated by new business units. however, the company's resources, capabilities, and competencies are limited to producing other forms of motorized vehicles, such as motorcycles and all-terrain vehicles (atvs). which type of corporate diversification strategy should beagle pursue?

Later movers do not face: entrenched competitors. reduced uncertainty over technologies. high growth markets. lower market uncertainty.