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Assume that the following data are known for a mechanical part under design: Load Stress is normally distributed with? s=15,000 psi and?s=4,000 psi Strength of part is also normally distributed with ?ST=30,000 psi and ?ST=3,000 psi What is the safety factor of the part under this design arrangement? What is the reliability of this part with such a design?
What's the fixed cost and variable cost.
Which of the following statements best describes the retail market for electricity - Estimate the (own) price elasticity (of demand).
suppose the production of airframes is characterized by a cobbdouglas production function q lk. the marginal products
abc co. has recognized numerous opportunities to expand in foreign countries and has assessed many foreign markets
The long run supply curve for a particular type of kitchen knife is horizontal line at a price of dolla three per knife. The demand curve for such a kitchen knife is
please create a powerpoint presentation of 5-10 slides including but not limited to the following1 the main differences
A mine is for sale for $450,000. It is believed the mine will produce a profit of $100,000 the first year, but the profit will decline $5000 a year after that, eventually reaching zero, whereupon the mine will be worthless. What rate of return would ..
are you for or against free trade? are you for or against nafta? what is the economic basis for trade? explain the
Discuss short and long run expenses. For the short run discuss the relationship in cost and production theory and the idea of diminishing returns.
Let the supply and demand quantities, Qd and Qs for a single commodity be given in terms of the price P, by Qd = 10 ? 2P, Qs = P ? 2, Qd? 0, Qs ? 0, P ? 0. The equilibrium condition is Qd = Qs. What is the minimum price suppliers will charge? Describ..
Assume that the technology of producing widgets is that every company entering the market has the same total cost curve, as follows; TC=1000+5Q+0.1Q^2
Draw the cheese market for the United States showing the world price as the price for this market. How much cheese does the U.S. import at the world price
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