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A sheet of silicon contains 100 microprocessors all of which are the same size and type. The production process generates 20 imperfections on each sheet.
1) What is the probability that a microprocessor will have 0 imperfections?2) What is the probability that a microprocessor will have more than 2 imperfections?
3) Out of the 100 microprocessors on the sheet, how many would you expect to have more than 2 imperfections?
measure used to calculate the price level and measure used to calculate the cost of borrowing money.
What two kinds of changes in the capital stock can improve labor productivity. how can each type be illustrated with a per-worker production function.
A) Derive the equation for the IS curve, Y=k*Ap. GRaph for interest rates 0 & 8, with intervals of one-half of a percentage point. B) Suppose the equation for th LM curve is Y=13500+100r. Use this equation to explain the level of income at which t..
Would you have a higher consumption standard of living by self-sufficiently producing all the goods you also your family want to consume or by employing your labor.
21st century electronics has found a theft problem at its warehouse and has decided to hire security guards. The firm wants to hire the optimal number of security guards.
Illustrate what policies have been proposed or implemented to address the problem your describe.
Discuss the advantages and/or disadvantages of distributing marketable pesticide permits to each farm operating in the watershed equal to 40% of its current level of use of that pesticide, versus simply ordering each farm to reduce pesticide use t..
Corporation A is planning the purchase of a new machine that would lower cash outflow. The cost of the machine is 30,000. The annual reduction in cash flows is:
Assume that the soft coal industry is a competitive industry and it is in long run equilibrium. Now assume that the firms in the industry form a cartel.
Assuming that the farmer can dispose of $7 from the writer as she wishes, what range of payments will the beekeeper accept Assuming that the beekeeper gets that amount, what range of payments will the farmer accept
Prepare a page analysis on What is nominal GDP. What is real GDP. Why are these measures important. What do they tell us.
Consists of performing application oriented exercises wherein specific economic principles learned in this course are put to practical use.
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