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A gardener can use one of the three brands of fertilizers during the next growing season. The following decision table shows the expected gross income per acre for each fertilizer brand and weather condition for the growing season. The chance of a dry season is shown by probability P. Find the range of P values where using Brand-B fertilizer has the highest expected returns compared to using the two alternative fertilizer brands. Season Dry Wet Fertilizers Brand-A 110 60 Brand-B 100 140 Brand-C 80 160
Dakota Publishers prints coffee table photo books of the Great Plains and mountain states. The marketing manager generally prices books at $35 each and sales average 4,000 copies per month. Last month, she had a sale and priced volumes at $22.50 each..
craft unions both industrial and craft unions attempt to raise their members wages but each goes about it differently.
a firm in a purely competitive industry is currently producing 100 units per day at a total cost of 450. if the firm
for a typical competitive firm the price in the long run equilibrium will tend toa. be greater than average costb. be
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According to the computer industry what are positive and negative effects of either a sudden increase or decrease in the number of competitors on prices in long run.
What is the change in the number of unemployed people in this particular month and what is the change in the number of employed people in the same period?
in an economy with no government sector investment is 1000 net exports are 100 and the consumption function isincome
in this project you are required estimate the demand for economy vehicles using the variables provided. the dependent
Returning to the duopoly of part (b),suppose Firm 1 abides by the agreement but Firm 2 cheats by increasing production. How many widgets will Firm 2 produce? What will be each firm"s profits?
many companies purchase other companies or individual product or brands from other companies to acquire new
1.Monopolistic competition is monopolistic up to the point at which consumers become willing to buy close-substitute products and competitive beyond that point." Explain
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