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A barnyard is to be fenced is as indicated in Figure 23. If 4200 feet of fencing is to be used in its construction determine the dimension x and y that will maximize its total area?
The following equations show market demand and supply, respectively: Qd = 10,000 - 1,000P Qs = -2,000 + 1,000P What is the equilibrium price and quantity in this market?
Describe what link-state packets will flood back and forth. Assume that the initial sequence number at all nodes is 1, and that no packets time out, and that both ends of a link use the same sequence number in their LSP for that link, greater than..
Give an example of information that would suggest the firm should have provided more cookies and less punch.
Based on long years of experience, an instructor in the principles of economics has determined that in her class the probability distribution of X, the number of students absent on Mondays, is as follows: X: 0 1 2 3 4 5 6 7F(x)0.005 0.025 0.310 0.3..
A member of a successful music band is considering leaving the band to pursue a solo career. If she stays with the band she estimates that there is a 60% chance that the band will continue to be successful and she would earn $1.7 million over the ..
Design a cost-sharing arrangement that will cause all three countries to support a monitoring system.
Suppose that because of a technological breakthrough a firm that uses a single input to produce its output is able to double its production for any given amount of the input. What happens to the firm's average product of labor? What about its marg..
In the third column enter the marginal utility (MU) associated with each value of X - the change in utility in going from one value of X to the next.
Suppose you wish to fit a periodic function, with a known period T. Describe how you could modify the truncated power series basis to achieve this goal.
there are 20 million households in country x and 4 million of them are below the poverty line. what is the poverty
Suppose that the interest rate on one-year bonds is 4 percent today, and is expected to be 6 percent one year from now and 7 percent two years from now and 7.5 percent three years from now. Use the expectations hypothesis to compute.
industry demand curve equals Q=900-100P and the long run average cost is a constant $1.50 per unit of output. Calculate market output, price, consumer surplus, and producer surplus in a competitive market.
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