Suppose you are looking at the market for radio advertising. Three variables are given to you: the
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Suppose you are looking at the market for radio advertising. Three variables are given to you: the price of advertising, the quantity of advertising, and the extent of financial meltdown precipitated by the sub-prime market fiasco. Which variable(s) would you consider exogenous and which would be endogenous.
Related Book For
Physics for Scientists and Engineers A Strategic Approach with Modern Physics
ISBN: 978-0133942651
4th edition
Authors: Randall D. Knight
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