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1. What pillar do you find most intriguing and/or important for your local police department? Why and how do you think your local agency can improve their policies and practices around this pillar? 2.Imagine you are preparing to become a police officer. How does the increased focus on counterterrorism efforts affect your perspective of your future career?
Suppose that the most popular car dealer in your area sells 2 percent of all vehicles. If all other car dealers sell either the same number of vehicles or fewer, what is the largest value that the Herfindahl index could possibly take for car deale..
cars arrive at carlas muffler shop for repair work at an average of 3 per hour following an exponential distribution.a
Jon Breeks quit his job in a bicycle shop, where he earned $15,000 per year, to become a graduate student in economics. At the university he attended, he spent $2,000 on books, $1,000 on cough medicine, and earned $12,000 as an economics instructo..
Access to care has been identified as one of the main roadblocks to receiving health care.
During spring break, students have an elasticity of demand for a trip to Florida of -3. How much should an airline charge students for a ticket if the price it charges the general public is $360 Assume the general public has an elasticity of -2.
You are the manager of a small pharmaceutical company that received a patent on a new drug three years ago. Despite strong sales ($125 million last year) and a low marginal cost of producing the product ($0.25 per pill)
Given the CES utility function: U(X,Y)=((X^d)/d)+((Y^d)/d)) a. Show that the first-order conditions for a constrained utility maximum with this function require individuals to choose goods in the proportion: X/Y=(Px/Py)^1/(d-1)
What are the incentives to innovate for a monopoly firm as compared with a firm in a competitive market if patent protection is not available?
if jones bids $2 and smith bids $1 they pay a total of $3, but jones gets the money, leaving him with a net gain of $98 and smith with $1. if both bid the swame amount , the $100 is split evenly between them. what is the pay off matrix for nash eq..
Demand and cost curves: QD = 1000 - 2P, TC = 5,000 + 50Q. What is the profit maximizing QD & P? What is the resulting profit
Amalgamated Popcorn, Inc. is a fairly small firm selling bags of flavored gourmet popcorn in a popular mall. As shop owner and operator, you have observed that your daily sales tend to follow a pattern that can be stated as: QP = 500 - 100PP + 1.2..
Populate the MDC-DW database, using the SQL statements you wrote to answer part G.
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