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Kirks Soft Drinks regularly check the performance of their soft drink bottle filling machines.
From observations over many years, the company has concluded the fill amounts in their 2 litre bottles is normally distributed with a mean of 2.01 litres and a standard deviation of 0.11 litres.
What fill amount (in litres) will see 97% of all bottles contain less than this fill amount?
Forecasters predictions of inflation are notoriously inaccurate, so their expectations of inflation cannot be rational.
If the government unexpectedly levies a five-cent tax on every gallon sold by gasoline retailers, illustrate what will happen to the representative firm's cost curves.
Elucidate what is the present discounted value of the cost of the car if you use GM's interest-free financing
Using marketplace equilibrium why do baseball players also CEOs make more money than your lowly Economics instructor.
Its demand curve can be written as P = 160 - Q and its short run total cost curve is equal to TC = 1000 + Q^2. What is the rate of output that maximizes ZZZ, Inc.'s short run profits?
What is elasticity of demand for hamburgers at equilibrium. What are consumer surplus and producer surplus at equilibrium.
Estimate the deadweight loss from monopoly. Assume, in addition to the costs above, the musician on the album has to be paid. The company is considering four options.
One unit of labor can produce either 4 tons of papayas or 1 ton of bananas. Elucidate type of economic analysis is limited to testable, verifiable statements.
Discuss several ways in which greater educational opportunities for young women could lead to faster economic growth in these nations.
Elucidate a process under which the competing oligopolists can divide the cake so that the two consumers (who are also the producers) are protected from the downfalls of consumers in oligopolistic markets.
Assume you are part of a research team evaluating a proposal to clean up a dangerous squander site.
The terms of trade if the united states trades 1 can of soda for 5 units of clothing.
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