The American Economist, Vol. 42, No. 1 (Spring, 1998), pp. 42-55 (14 pages) This paper investigates rivalry in R&D expenditures for firms within the U. S. Automobile industry. It attempts to falsify ...

Simultaneous equations like 𝒚 = 2𝒙 - 1 and 𝒚 = 𝒙 + 1 can be represented graphically. To solve the equations graphically, the two lines 𝒚 = 𝒙 + 1 and 𝒚 = 2𝒙 - 1 are drawn on the same diagram.

A model for world crude oil and natural gas markets is estimated. It confirms low price and high income elasticities of demand for both crude oil and natural gas, which explains the market power of ...

Before starting this guide, it may be helpful to read the guide from M1 on coordinates and graphs. To solve the equations graphically, the two lines 𝒚 = 𝒙 + 1 and 𝒚 = 2𝒙 - 1 are drawn on the same ...