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What is the connection between poverty and unemployment?
In 2006 rental car companies often charged more to rent a compact car than an SUV or a luxury vehicle. Why do you think rental companies turned.
A company operating in a purely competitive environment is faced with a market price of $250. The company total cost function (short run) is
You purchased a machine for $1,200,000 (installed), and you depreciated it using a 5 year MACRS. In year 3, you sold the machine for $700,000. You financed 70% of the purchase price on a 5 year loan at 8%. Your company is in a 35% tax bracket. Show t..
Calculate the effect that hiring the new policemen would have on the social cost of crimes committed - calculate the effect it would have on the cost of trying and punishing offenders.
Suppose Audrey and Nicky are cousins with a destructive streak. Audrey is 1 year old and has a 10% chance of creating substantial damage in the next year, in which case the expected cost is $2000. Nicky is 2 years old and has a 5% chance of creating ..
What was the ultimate numerical vote of the court? When and how can life support be withdrawn?
Does either firm have a dominant strategy. Is there a stable equilibrium.
There are five flights daily from Pittsburgh via US Airways into the Bradford, Pennsylvania, and Regional Airport. Suppose the probability that any flight arrives late is 0.20, the probability that none of the flights are late today is [a].
To ease monetary policy to fight a recession, the Fed would:
Suppose Lyle's utility function is U= XY + X + Y, X,Y greater than or equal to 0. Determine the optimal quantities of X and Y that Lyle should purchase as well as the maximum amount of utility he will receive at the optimum
What if you were placed in charge of a correctional institution that has been plagued by a high turnover rate and an undereducated staff?
You select two customers without replacement to get more information on their satisfaction. What is the probability that both say service is poor?
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