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The manager of a paint supply store wants to estimate the actual amount of paint contained in 1?-gallon cans purchased from a nationally known manufacturer. The? manufacturer's specifications state that the standard deviation of the amount of paint is equal to 0.02 gallon. A random sample of 50 cans is?selected, and the sample mean amount of paint per 1?-gallon can is 0.965 gallon. Contruct a 90% confidence interval estimate. Round to five decimal places.
Elucidate what could be done to encourage people to spend more so as to increase aggregate demand and invariably, create employment possibilities.
Discuss what organizational form (e.g., private ?rm, government corporation, or normal government production) you think might be appropriate for each of the following. In each case, discuss problems of designing appropriate incentives and efective re..
Suppose that P1=10 and Q1=20; P2=20 and Q2=10. Suppose that price elasticity of demand is -1 for P=4, Q=10. Calculate marginal revenue for this point on the demand curve. Suppose price elasticity of demand is equal to -2 at a price of 4. If you incre..
q1. illustrate the positive part for us economic by getting the oversea factories back?q2. illustrate does the fed get
Explain and illustrate graphically the effect of the following on the monetary base and the level of reserves. The Fed lends the Bank of America additional $20 million but depositors withdraw $5million. Central bank purchases $30 million of governmen..
We talked about customer relations being about the little things. Now we are looking at trends. Can you reconcile the little things with the trends in customer relations? To help get started, identify and discuss several 'little things' and trends in..
q.exercise 1graphically represent on the islmfx diagram the effects of the following cases use a new diagram for each
Stock R has a beta of 1.0, Stock S has a beta of 0.55, the expected rate of return on an average stock is 13%, and the risk-free rate is 7%. By how much does the required return on the riskier stock exceed the required return on the riskier stock exc..
There were 110,752 discharges in 2005, for patients over the age of 25 who were diagnosed with Diabetes. With an average length of stay being 4 days and an in-hospital death count of 1,016. In 2006 the total number of discharges increased to 118,837 ..
What happens if the price floor is above the equilibrium? and what happens when price ceiling is below the equilibrium?
none of the employees makes the effort to do so. How would you change the organizational architecture of the firm to raise profitability?
Suppose that a manufacturer is a monopolist in selling some product to a number of competitive retailers at wholesale price w. The manufacturer has marginal cost of $10 per unit. Each retailer pays w to the manufacturer and charges p for each unit it..
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