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Compute the percentage of time that a signal is 10 dB or more below the rms value for a Rayleigh fading signal. I am given the cumulative probability distribution function as being equal to 1 - exp(-R^2/(2*sigma squared)). I am also given that the rms value is sqrt(2)*sigma.
Imagine an economy with only four markets: a market for Commodities (ie goods and services), a market for Labour, a market for Money and a market for Bonds. Show (prove) that if the markets for Commodities, Money and Labour are in equilibrium then th..
The owner of a monopoly firm which produces and sells computers hires you as the manager of the firm. He asks your opinion on how much to mark up the price over marginal cost (MC) given that the firm's objective is to maximize its profits. you is the..
Tobies operate a small deli downtown. The deli business is monopolistically competitive.
Elucidate what is the implication of the efficiency wage theory for unemployment. In what way are piece rates, commissions, royalties, profit sharing, and stock options substitutes for efficiency wages.
Three mutually exclusive projects are being considered for a remote river valley: Project R, a recreational facility, has estimated benefits of $10 million and costs of $8 million; Calculate the benefit-cost ratio and net benefits for each possible a..
Suppose the government announces a large increase in tariffs on imported cars, which is expected to double the price of foreign cars sold in the future. What will happen to today's demand for cars? Explain your answer.
An analyst predicts that the present value of benefits of a two-year project would be $220,000 and the present value of the scrap value at the end of the project’s life is expected to be $18,000. Given a 5% discount rate, he also expects the present ..
How did slavery impact the economy in the South and the North differently
A price taking firm chooses its inputs to maximize long-run profits. Labor and capital are substitutes in production and both exhibit decreasing returns to scale, q(L, K) = L^(1/2) + K^(1/2) . The output price is 100 and the price of each of the inpu..
Start-Up Industries is a new firm that has raised $320 million by selling shares of stock. Management plans to earn a 20% rate of return on equity, which is more than the 12% rate of return available on comparable-risk investments. What will be Start..
Discuss how a purely competitive firm might gain market power (and therefore no longer be a purely compettiive firm). Be detailed and specific. Why would a firm wish to gain market power? How would the firm's success in gaining market power affect th..
illustrate what wage would a monopoly union demand. Explain how many workers would be employed under union contract.
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