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An investor has two investment opportunities each involving an outlay of $10,000. The present value of possible outcomes and their respective probabilities are
(a) calculate the expected value of each investment.
(b) draw a bar chart for each investment.
(c) calculate the standard deviation of each project.
(d) Determine which of the two investments the investor should choose.
Elucidate economists use two major approaches to estimate incremental environmental costs. Which in your view likely produces the most reliable estimates.
Illustrate what happens to bicycle supply. What happens to bicycle demand.
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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.
Determine the present state of the economy and trade relationship between your country and the US?
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The Mor Tex Company assembles Garments by hand even though a textile machine exists that can assemble garments faster than a human.
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In the 1st half of the 20th century, AT&T had a near monopoly on local and long distance phone service. The company charged a price for local telephone services.
Explain how can you apply what you learned about the concepts of supply and demand from the simulation to your workplace.
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