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An automotive part must be machined to close tolerances to be acceptable to customers. Production specifications call for a maximum variance in the lengths of the parts of .0004. Suppose the sample variance for 30 parts turns out to be s² = .0005. Use ?= .05 to test whether the population variance specification is being violated.
discuss Colgate-Palmolive's revenue, gross profit margin, operating profit margin, and strategies of the firm. Explain how industry consalidation has impacted the company and make projections about the long-term prospects for the company.
Suppose a monopolist's demand is given by the function P=25-3Q. Let the total cost of production be 7Q+28 for positive levels of output, and zero otherwise. Illustrate what is the profit maximising output.
Proposals for modifications of the law are formulated by committees. Under the closed rule, the legislature may either accept or reject a proposed modification, but may not propose an alternative.
Elucidate what prices he should charge in two markets. Illustrate quantities be should sell in the two markets.
q.assume you hire a furloughed wall street analyst to help you analyze your manufacturing process also she uses your
What are the economic concept? What is market? What is a competitive market? What is supply and demand?
An office of 120 employees must be redesigned to accommodate 30 new employees. At the same time it should be made as effective as possible.
Discuss each of the pricing strategies below. What conditions are necessary to make each strategy successful in terms of increasing profits? Explain your answer.
insist that this represents a rightward shift of aggregate demand curve. Who is right. Explain.
Given the following annual information about a hypothetical country, answer questions a through d
illustrate what additional effect follow this initial affect. what is the total affect of the tax cut on aggregate demand.
Assume that the low-calorie frozen, microwavable food company from Assignments 1 and 2 wants to expand and has to make some long-term capital budgeting decisions. The company is currently facing increases in the costs of major ingredients.
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