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The role of the economist is to identify and solve puzzles. Unsolved puzzles seem to crop up more frequently these days or perhaps my ability to solve them has diminished. The purpose of this paper is to set forth selected enigmas in hope that someone (perhaps a briqht, younq mind who fails to...
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Affected by industrialization, aqriculture in New England adapts to economic changes. Farms have become either large commercial units or small part time farms. Distributions of farm income have changed from an inverted-J distribution to a u-shaped distribution in the past three decades. Farm...
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Expenditure patterns for whole milk and lowfat milk in the Northeast region were examined by applying the Tobit maximum likelihood procedure to the 1977-78 USDA NFCSdata. Results suggest that differing expenditure patterns exist between whole milk and lowfat milk. Household income estimates...
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This study reports the development of a computer assisted testing (CAT) system and the use of this system over the past five years to develop a normative testing tool in an introductory microeconomics theory course. The CAT system is more than a testing tool and can be used to aid in...
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