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The following data represent the highway fuel consumptions ( in miles per gallon) for a sample of cars. use the data to answer parts a through d.
40 35 31 22 32 46
37 35 24 26 32 33
45 30 25 26 44 36
22 27 25 45 38 37
44 45 41 46 39 26
Construct a frequency distribution for the data using five classes
Phillip Haynes is the controller of a company that has the sole authority to manufacture your product. The inverse market demand curve is C(Q) =2Q +Q^2 . Your total cost equation is . What is the output you should produce, the price you should charge..
Discuss contributions of competing and dominant school of thought to evolution of labour economics; mention paradigm differences and distinctions between old labour economics and new labour economics.
Given a fixed level of capital (), and a price of $100 per unit of output, what is the optimal number of employees? You do not need to know Output (Y) for this question. Calculate the profit given the optimal number of employee given the answer in..
Assume the growth rates for each country remain the same. Question 1. What will France's per capita real GDP be in 2045?
At the time, there were 180 million automobiles and 250 million people in the United States. Each vehicle was driven about 15,000 miles each year. What is the cost of saving each life?
Explain what you would rather maximize your total or marginal utility? How do you think you would determine when to stop consuming if you were at an all you can eat buffeted?
Master Card has a series of cute commercials that list a series of accounting items also costs leading to a costless product.
Lets say that you borrow 1200 at 8% annual interest rate, compounded quartly, and plan to pay back the loan and interest together at the end of the third year. The sum to be paid can be determined from:
According to the information, Latin America e- commerce forecast is growing to 200 percent. What country from Latin America, an emerging county, is booming on global e commerce? Elaborate.
If a monopolistic firm (price searcher) can sell 9 units at a price of $100 each but must reduce its price to $80 in order to sell 10 units, then
Three stores have a problem with theft, and security is a public good. Let’s use S to stand for the number of person-hours of security patrols per week. The marginal benefit of security patrols to each of the stores is given by the formula MB = 100 2..
Gerald stops working to stay home with the kids. What effect will this scenario have on GDP?
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