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A worker is able to select her weekly hours. When a new bridge opens up, it will cut 1hr from the daily commute to work. If both leisure and income are normal goods, what is the effect of the shorter commute on this persons work time.
Level of GDP per effective worker and explain whether this economy is following the Golden rule
Bada Bing, Limited. supplies standard 256 MB RAM chips to the US computer and electronics industry. Like output of its competitors, Bada Bings Chips must meet strict size, shape, and speed specifications.
Evaluate the financial performance of the company using the information provided in the scenario. Consider all the key drivers of performance, such as company profit or loss for both the short term and long term and how each factor influences mana..
Determine the cost of ending work in process inventory and of the units transferred out to the next department.Prepare a cost reconciliation schedule for the month.
Assume that the country is in a period of high unemployment, interest rates are at almost zero, inflation is about 2% per year, and GDP growth is less than 2% per year. Suggest how fiscal and monetary policy can move those numbers to an acceptable..
Discuss the feasibility of lower middle or low income countries resorting to fiscal stimulus to stave off recessions in their own economies. You can use one or more countries as examples.
Cool-Aire Corporation manufactures a line of room air conditioners. Its break- even sales level is 33,000 units. Sales are approximately normally distributed.
a) What is the probability that 35% of them, or less, would be partially financed by the seller b) There is 80% chance that the sample proportion of home sales that would be partially financed by the seller will be bigger than what amount
Binomial Distribution. An official from the securities commission estimates that 75% of all online bankers have profited from the use of insider information. Assume that 15 online bankers are selected at random from the commission's registry.
What is the probability that all the population slope coefficients are actually zero, but the coefficients we estimated are different from zero due merely to random sampling variability In other words, what is the probability that the R2 is actual..
Need Price for every cartelization level, market output, market profits, cartel output and profits, and need noncartel firm output and profit. This if for 5 companies.
Television channel operating profits vary from as high as 45 to 55 percent at MTV and Nickelodeon down to 12 to 18 percent at NBC and ABC. Provide a Porter Five Forces analysis of each type of network. Why is MTV so profitable relative to the majo..
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