Top Posters
Since Sunday
t
7
m
6
k
6
F
5
j
5
t
5
j
5
G
5
f
5
a
5
d
5
c
5
New Topic  
Coolguy80 Coolguy80
wrote...
Posts: 142
Rep: 1 0
A year ago
Suppose there is a theory that several things influence the price of fish in Halifax, one of which is the weather during the fishing season. When examining the determinants of the price of fish, the weather is

▸ an exogenous variable, as it is determined outside the theory.

▸ an act of God and, therefore, has no legitimate connection with the theory.

▸ an endogenous variable, as it influences the price of fish.

▸ an endogenous variable, as it is determined within the theory.

▸ a stock, as it influences the quantity of fish caught.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
Read 22 times
1 Reply
Replies
Answer verified by a subject expert
wackocrazywackocrazy
wrote...
Posts: 140
Rep: 2 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Coolguy80 Author
wrote...

A year ago
This helped my grade so much Perfect
wrote...

Yesterday
Thanks
wrote...

2 hours ago
Correct Slight Smile TY
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1036 People Browsing
Related Images
  
 267
  
 265
  
 282
Your Opinion
Who will win the 2024 president election?
Votes: 7
Closes: November 4