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The manager of a Vancouver night club has observed that the number of male customers who visit the clubs follows as poisson distribution with the mean of 30 per day and the number of female customers who visit the club follows the poison distribution with the mean of 20 per day . The entrance ticket is $20 per male and $10 per female.
Suppose the demand curve for cantaloupes P = 120 – 3Q. Where P is the price per pound (in cents) of a cantaloupe and Q is the quantity demanded per year (in millions of pounds). Suppose the supply curve for cantaloupes is P = 5Q Where P is the price ..
Market demand for a product is given by P=700 – 10Q. Marginal cost is given by MC = 200. Find the equilibrium price and quantity if the market is competitive. Find the consumer and producer surplus. Find the price and quantity under monopoly. Find th..
General Cereals is using a regression model to estimate the demand as well as for Twee tie Sweeties, a whistle-shaped, sugar coated breakfast cereal for children.
q.in 2008 financial crisis has basis macroeconomists to re-think monetary as well as fiscal policies. financial experts
Suppose that the Fed permanently increases the growth rate of the money supply. According to the Friedman effect as discussed in class, what will happen to both nominal and real interest rates in the short-run? In the long-run? Explain why.
This is a true story (with minor details changed). Microsoft had uncovered several licensing discrepancies in its software that clients were using while claiming they had purchased it from an authorized software retailer.
It’s that season again! You have engaged in a market study to categorize your patients’ willingness to pay for their flu shot into 8 equal sized groups: $40, $35, $30, $25, $20, $15, $10, $5). All of your costs are fixed except labor and materials, w..
Show graphically, and with a few well-chosen sentences how a Major League Baseball team can help both itself and consumers by vertically integrating its local broadcasting network. You may assume that both the team and the broadcasting network start ..
Assuming that the discount rate remains the same, what will be the price of the stock after the announcement?
Kinnetics inc purchased a piece of land for 500000 and equipment z for 25000 on january 2, 2015, kinnetics is subject to a 25% tax rate and all of kinnetics' depreciable assets are class 10 with a cca of 30%.
Which market model appears to best explain the behavior: Chinese cooking is the most popular food in America that isn't dominated by big national chains. Chinese food is typically cooked in a wok that requires high heat and a special stove. Small mom..
When are economic sanctions likely to succeed? Why did sanctions succeed in convincing Iran to dismantle, at least for the next 10 years, its nuclear program? If Trump cancels the Iran nuclear agreement, is he likely to get a better deal? Explain.
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