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The Commonwealth of Pennsylvania is concerned about the dwindling number of family-owned farms and the number of smaller, less efficient farms. In a random sample the total acreage of each farm was recorded. The mean was 1125 acres, with a standard deviation of 250. The shape of the distribution of areas is not normal.
Fill in the blank. (Give your answer to four decimal places.)
The approximate proportion of areas that lies between 375 and 1875 is.
Elucidate what are the impacts of innovation and technology on the cost of production. What are the effects of technology on the various market structures.
Express your personal viewpoints. How does equal pay affect the unemployment rate and how is it beneficial for the economy?
When does a recession begin and when does it end and the dating of a business cycle is done by the Business Cycle Dating Committee of the National Bureau of Economic Research
Discuss the cost-effectiveness approach used in project evaluation. What is the difference between cost- effectiveness and weighted cost- effectiveness?
Congress's budget for the coming year includes a spending projection of $4.2 billion. Tax revenue projects $3.8 billion. Which fiscal policy would Congress have to adopt to maintain spending levels without increasing the debt?
qd500-5p and qs2p-60what are the equilibrium quantity and price?how much consumer surplus exists in this market?if a 2
Paradox Dental, Limited., enjoys a local monopoly in provision of oral examination services in Tuskegee, Alabama. Total and marginal revenue relations for standard procedure are:
Suppose in the market for iPhones, the following two changes take place: (1) the cost of making iPhones rises and (2) customers begin to prefer Android-platform smart phones over iPhones. What happens to equilibrium price and equilibrium quantity?
Describe the provider's equilibrium salary and how many nursing units it will hire.
Describe the risks associated with such a project. Describe an approach you would take to prepare a fixed-price and schedule estimate, and describe how your approach mitigates the risks you identified in question 1.
If a 20 percent lowring in the price of long distance phone calls leads to a 35% increase in the quantity of calls demanded, we can conclude that the demand for phone calls is:
Illustrate what are the different types of exchange rate, their advantages and disadvantages.
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