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The standard deviation of win percentage for the 32 teams in the NBA in 2005-2006 was .134; the NBA plays 82 game season. The standard deviation of win percentage for the 32 teams in the English Premier League in 2005-2006 was .158; the EPL plays a 38 game season. Compute the idealized win percentages for the Nba and the EPL. Which league has more competitive balance?
Derive the average cost of producing 100,000, 200,000, 300,000, and 400,000 devices per year with plant A. (For outputs exceeding the capacity of a single plant, assume that more than one plant of this type is built.)
Should we distinguish between collusive outcomes and collusive conduct? Why does tacit collusion in the commercial waste hauling business often take the form of exclusive territories?
outline the possible work disincentives created by anti-poverty programs. is there a way to solve this problem without
A profit maximizing price taker will produce at a level where a. the wage equals the marginal product of labor b.the marginal revenue product of labor equals the price of their output
Rends in Non-store Retailing
Suppose a consumer's income is used on two goods, X and Y. The consumer's income is $200 and the prices of X AND y are $10 and $5 respectively.
Graph Jay's budget constraint when her income is 50, and the price of housing and food is 2 and 10 respectively. What happens to her budget constraint when M increases?
The management of a hospital is considering the installation of new server
Is demand for courses at the universities that did not increase their fees elastic or inelastic with respect to universities that did increase their fees? What is the importance of this degree of elasticity?
There're 10 auto firms in this problem each showing their market share percentage (US auto industry). The proposed merger involves Ford 22% and BMW 1%.
How do the changes in monetary and fiscal policy instruments affect you personally or work wise - How do think such change impacts income and expenditure pattern?
Apply economic cost concepts in making business decisions share how a concept that could be related to real world experiences
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