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Q. a) A statistics practitioner drew a random sample of 400 observations and found that x bar = 700 and s = 100. Approximate population mean with 90% confidence.
b) Repeat part a with a 95% confidence level
Q. if a graph contains two separate demand curves, D1 and D2, marginal revenue curve associated with each one MR1 and MR2, a total marginal revenue curve MRt along with marginal cost. Illustrate what is total amount of output firm should produce?
Calculate the standard deviation of annual sales. Calculate the coefficient of variation of annual sales.
Use indifference curves to distinguish between income and substitution effects, using the above techniques explain why the demand curve slope downwards, What are the main criteria for designing a tax system, To what extent do you think the national..
Which corporation's settlement obligations are expected to raise its standard total cost per pack by about $.60. Illustrate what effect with this have on its optimal price.
ohn also Jeremy are utilitarian's. John believes to labor supply is highly elastic while Jeremy believes to labor supply is quite inelastic.
Converse Elucidate how a society's social values influence the provision of also payment for health services.
Write down an expression for the profit GBC will make if it uses L units of labor at $1 an hour and sells the resulting output of cookies at $p a cookie.
f the money supply is Ms1 and the goal of the monetary authorities is full-employment output Qf, they should:
Explain how would you conclusion vary for winter months, if bad weather formulate it likely for traffic jams on the highway to increase to 6 days per month.
In your opinion should our government impose price floors and/or price ceilings in our economy.
Explain why Paul Collier seems to argue that export oriented industrialization or trade liberalization policies enacted by African countries would not help Africa develop.
Draw appropriate marginal income curve. Show range over which a marginal cost curve could rise or fall without affecting cost industry charges.
This statistic elucidates how that government antimonopoly strategy has been applied more harshly to the textile industry than to the automobile business.
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