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Scores have an average of 1200 with a standard deviation of 60. A sample mean of 36 scores is selected. What is the probability the the sample mean will be larger than 1224?
If you think that your company's performance is not sensitive to general economic business cycles, then describe why it is stable as the economy moves up and down.
You have calculated the expected NPV of project A to be $3,758 and that of project B to be $3,114. Can you be certain that you should recommend to your management to implement project A.
Why might a perfectly competitive firm continue to produce in the short run, even though the market price is less than its average total cost?
If Apple iPod only played iTunes, and iTunes only could be heard on the Apple iPod, could Apple price the technologically integrated bundle any way they wanted? If other electronic music can play on an iPod, what determines whether there are any limi..
Describe why population growth has such a negative impact on economic growth in Malthusian and Neoclassical growth models.
Sometimes market activities (production, buying, and selling) have unintended positive or negative effects outside the market's scope. These are called externalities. As a policy maker concerned with correcting the effects of gases
Utilizing demand and supply analysis to assist you, what are the effects on the exchange rate between the British pound and the Japanese.
Explain why does a production possibilities curve bow out rather than forming a straight line sloping downward from left to right.
Explain how might I have reallocated my spending so as to maximize my total satisfaction from pizza and coffee.
Economists often view life cycle variation in income as one form of transitory variation in income around people's lifetime or permanent, income.
Country A produces two goods, elephants and saddles. In the year 2006, the 10 units of elephants produced sold for $2,000 per unit and the 25 units of saddles produced sold for $200 per unit.
Suppose that the reserves requirements for checking deposit is 10 percent and that banks do not hold any excess reserves. A. if the fed sells $1 million of government bonds,what is the effect on the economy's reserves and money supply
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