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A parcel of water 1 kg in mass is located 1 km above a large body of water. The temperature of the air, lake, and the water parcel is uniform and remains at 22?C. What will be the change in entropy if the water parcel descends and mixes with the lake water and reaches equilibrium with it?
To what degree do you think financial market participants were surprised by the FOMC's announcement? Explain.
Suppose an individual commits a crime while employed by another. Under what conditions will optimal deterrence be achieved by a policy of sanctioning the employer rather than (or in addition to) the employee?
With this background in place, you will develop your own list of principles within a specific context that you define, announcing each in summary form and explaining and annotating each one using a combination of information, narration, and reflec..
Assume that Country A has a population of 500,000 and only produces one good-cars. Country A produces 100,000 cars per year. The people in Country A purchase 90,000 cars, but there are not enough cars to fulfill all the demand.
Professional sports leagues often have salary caps that limit the amount individual teams can pay players. Using the prisoner's dilemma game, explain why such a restriction might make the team owners better off.
What is the best estimate for Morningside's cost of equity?
Characterize the competitive equilibrium, and show that it coincides with the solution to the optimal growth problem.
Over what horizon is the assumption of fixed prices a valid one? Explain.
Please compute the standard error of estimate and the standard error of the coefficient for the following data set: X = 95, 85, 80, 70, 60 and Y = 85, 95, 70, 65, 70. Lastly, set up and perform the hypothesis test to determine if a student's aptit..
The model of perfect competition starts with the assumptions of the traditional neoclassical model and then adds some further assumptions. List the four main additional assumptions of the model of perfect competition.
The demand curve for the industry is P=100-Q, where P is the price (in $millions) and Q is the total quantity produced by GE and Westinghouse. Currently, each firm has marginal cost of $40 and no fixed costs. Thanks!
Then, use the green rectangle (triangle symbols) to shade the area representing the company's profit or loss.
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