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Suppose a jar contains 17 red marbles and 35 blue marbles. If you reach in the jar and pull out 2 marbles at random at the same time, find the probability that both are red.
Approximately how much output should the firm allocate to market 2? What is the approximate price that will be charged in market 1? What is the approximate price that will be charged in market 2?
Plywood is used in the construction of houses. If the price of plywood rises, what happens to the supply of houses
If you expect the annual inflation rate to be 12 percent next year and a one-year bond has an expected annual yield of 7 percent, then the real annual interest rate on this contract is ______.
If the U.S. international merchandise account balance is positive, then:
State the name of the company in a key industry and determine the type of market you believe it to operate in (perfectively competitive
Over the last year your boss has noticed that it would be useful for your firm to understand how consumers behave when variables in the market change.
Suppose the total cost of producing a given quantity of a good is given by: TC = X1/2 where TC is total cost and X is the quantity of the good. Given this information, determine whether production of the good is characterized by increasing returns to..
What are the major internal and external factors involved in feeding? How do they work together to control food intake?
Does the government create housing shortages unintentionally through policy sometimes. Could a black market help with the shortage
Does domestic and foreign news media outlets impact National Security? How?
On September 18, 2003, hurricane Isabel struck the North Carolina Coast, causing extensive damage. For several days prior to reaching land the National Hurricane Center had been predicting the hurricane would come on shore between Cape Fear, North Ca..
When economists speak of "marginal," they mean. Managers undertake an investment only if. A manager of a clothing firm is deciding whether to add another factory in addition to one already in production. The manager would compare. If a firm's average..
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