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From family background, it is known that with probability 1 2 a woman is a carrier of haemophilia. If she is a carrier, then with probability 1 2 her male offspring will have the disease. If she is not a carrier, then her male offspring will not inherit the disease. Suppose the woman has a son who does not have the disease; what is the probability that she is a carrier (to one decimal place)?
What are bureacrats and what do economisits argue negatively when considering them in today's economy? Provide an explantion/example of why.
Explicate 2 important indicators the Federal Reserve System will use to analyze this particular economic situation.
why do points on a utility possibility curve represent efficient allocations of resources? why must the utility
With current technology, suppose a firm is producing 800 loaves of banana bread daily. Also assume that the least-cost combination of resources in producing those loaves is 5 units of labor, 5 units of land, 4 units of capital, and 1 unit of entrepre..
Explain and give recent examples of market penetration, market development, and product development, as well as forward integration, backward integration, and horizontal integration.
You will receive in class feedback that should then be used to develop and inform your end of semester 3000 word research proposal.
Distinguish between the resource market and product market in the circular flow model. In what way are businesses and households both sellers and buyers in this model.
q1. a good example of an oligopoly market structure is the airline industry. there are not many airlines in the
To promote the progress of science and useful arts, by securing for limited times to authors and inventors the exclusive right to their respective writings and
Compute the annual gain or loss for the second year holding period.
Suppose independent truckers operate in a perfectly competitive industry. If these firms are earning positive economic profits, what happens in the long run to the following: The price of trucking services, The industry quantity of output, and The pr..
1. How does spoofing threaten an e-commerce site's operations?
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