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An altered die has one dot on two faces. The die is to be tossed 5 times.
(a) Find the probability distribution of the number of one dot in 5 tosses of the die.
(b) Find the probability of getting at least three one dot.
(c) Find the mean and standard deviation of the number of one dot in 5 tosses of the die.
If the demand curve for Pfizer's Norvasc, a blood pressure medication, is more elastic in Mexico than it is in the United States, how could Pfizer use this information to maximize their profits?
Determine the maximum purchase price you should be willing to pay now for a 6%, $10,000, 10-year bond with interest paid semiannually, if we assume your MARR is 8% per year, compounded quarterly.
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the city government is considering two tax proposals- a lump-sum tax of 300 on each producer of hamburgers.- a tax 1
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Using basic Boolean algebra identities for Boolean variables A, B and C, prove that X'Y + XYZ' + Y' + XZ (Y+Y') = 1. Please show all steps and mention.
What is the marginal product of the fifth? worker?
What does the demand curve faced by a monopolistic competitive firm look like? Explain why it is sloped this way, and what this implies about the relationship that exists between price and marginal revenue under monopolistic competition.
Which type of unemployment is most likely to fall as a result of government policies that stimulate aggregate demand? The natural rate of unemployment never changes. Changing the discount rate is a tool of fiscal policy. Government demand-management ..
The manager of the firm would like to know the level of output of zipper X and zipper Y at which the average cost of the firm is minimized
You continue to use an old machine tool that was bought four years ago for $15,000. It has been fully depreciated but can be sold today for $2,000. The existing (old) machine tool can be sold today for $2,000. You purchase a brand new machine tool at..
Calculate the expected number of games, the variance, and the standard deviation for the number of games played in a world series.
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