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Binomial Distribution. An official from the securities commission estimates that 75% of all online bankers have profited from the use of insider information. Assume that 15 online bankers are selected at random from the commission's registry.
What is the mean number of online bankers who have profited from the use of insider information?
Find the variance of the number of online bankers who have profited from the use of insider information.
Illustrate the difference among the law of diminishing marginal returns and the law of diminishing marginal rate of technical substitution.
Due to health concerns, a significant number of families move out of the city.Would there be a shift in the demand curve, the supply curve, or both.
Illustrate can be said concerning eCommerce (such as Amazon and other online stores) and individual behavior vs traditional storefront retail and individual behavior.
Differentiate between a change in quantity demanded and a change in demand. In the three months before a $1 per pack cigarette tax took effect in Alaska, smokers bought 175 million more cigarettes than during the same period a year earlier.
Suppose the demand for artificial tanning is very elastic, while the demand for sugary soda is not. Compare the effects of two equal sized taxes on the equilibrium market price, the equilibrium quantity consumed, and the tax revenue raised.
Speedy Limo is a limousine service located on the north side of Indianapolis. It specializes in transporting people to and from Indianapolis airport, although it will deliver people anywhere in the Indianapolis area. It competes with taxis and pub..
During the Great Depression, federal government swung into action to help farmers. In 1933, it established a system of price support for several agricultural products.
The United States Bureau of Census publishes employment statistics and demand forecasts for many occupations.
Using the historical tables from the Budget of the US government, utilize the website to determine where the US government allocates its expenditures.
According to a recent article in the Wall Street Journal, side-impact crashes are among the deadliest, accounting for nearly 10,000 deaths per year.
The baker uses the flour to make bread & sells the bread to households for RS. 6.00. The households eat the bread. What is the value added in each stages of production?
It is proposed that Congress pass a fiscal stimulus package that includes tax rebates for individuals. Is this Keynesian or Monetarist policy. What do you think tax rebates would stimulate the economy.
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