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The dollar value of orders placed through a particular store catalog is found to be normally distributed with a standard deviation of $21.58. A sample of 30 orders averaged $81.25. What is the 90% confidence interval around this sample mean?
What is the CPU utilization if there are 5 processes running at the same time, and on average the CPU spends 30% of its time waiting on I/O completion?
Explain how each of the following will affect the average fixed cost, average variable cost, average total cost, and marginal cost curves faced by a steel manufacturer: New union agreement increases hourly pay. Local government imposes an annual lump..
Why is there a growing disparity between the rich and poor in the US? What are some of the reasons for this and what should the government do to bring about growing equality with income? Do we as citizens have an ethical responsibility to help the po..
A monopolist sells in two geographically divided markets, the East and the West. Marginal cost is constant at $50 in both markets (marginal cost is also equal to average total cost). The inverse demand curve in each market is as follows: Pe=450-.5Qe ..
Many economies impose restrictions on international capital flows, assuming that such restrictions limit the scope for arbitrage between domestic and foreign bonds, thereby effectively making such bonds poorer substitutes for each other, explain how ..
If China has domestic assets of $50 billion, domestic liabilities of $100 billion, and $50 billion in foreign assets, a 10% appreciation of the Chinese yuan will:
Assume that you agree with a venture capitalist that you will pay her $1.557 million 3.5 years from now for her investment in your invention. She requires you to set aside an amount of money semi-annually, starting now, to ensure for the $1.557 milli..
A firm that acquires a substitute product can reduce inter-product cannibalization by
According to an old myth, Native Americans sold the island of Manhattan about 400 years ago for $24. If they had invested this money at 7% interest per year, how much would they have today?
It plans to repay the loan in seven equal installments starting today. If the rate of interest is 9.95 percent, how much will each payment be?
What things do health care systems in other countries do better than the U.S.? What things do other health care systems do worse?
Other factors remaining the same, what would happen to the supply of a particular product if the following changes occur?
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