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Out of 54 randomly selected patients of a local hospital who were surveyed, 49 reported that they were satisfied with the care they received. Construct and interpret a 95% confidence interval for the percentage of all patients satisfied with their care at that hospital.
Bet'R Bilt Bikes just announced that its annual dividend for this coming year will be $2.42 a share and that all future dividends are expected to increase by 2.5% annually. What is the market rate of return if this stock is currently selling for $22 ..
If the firm produces 1,500units, its average variable costs equal $5.50per unit, and its average fixed costs equal $0.50per unit. What is the firm's profit-maximizing (or loss-minimizing) output level?
q1. what are the factors that will allow them to increase their added value in this type of competitive environment?
q.a car manufacturer claims that its vehicles average at least 25 miles per gallon with a population standard deviation
Consider the situation of an inverted yield curve. What does this mean? Why is it unusual? Under the theories of the term structure, why is an inverted yield curve considered bad news for the economy?
What are some socially undesirable effects of a monopoly industry (which means a single firm) producing less output than a similar competitive industry? How do you feel about the excess profits of a monopolist over more benefits to consumers? Provide..
You are a leader in a company that wants to change to more of a B corporation (or non-profit).
What is Brenda's break-even price for a dozen of eggs? Explain how you found that answer. If the market price of a dozen eggs at the local farmers' market is 72 cents per dozen, will Brenda make an economic profit?
Graphically illustrate the concept of an over-valuation of the dollar vis-a-vis the euro. What is the real explanation of the fact? Feel free to use your own data to illustrate the point.
Explain why the change is not likely to be a pareto improvement. Which of these changes might be approved under the compensation principle? Which might be approved under a Rawlsian social welfare function?
Discuss the notion that "greed is good" in the context of perfectly competitive market and in that of a monopoly .how much greed manifest itself in a perfectly competitive market in long run equilibrium
Donna buys goods X and Y. She can just afford the bundle X = 6 and Y = 11. She can also afford X = 12 and Y= 8. Each of these bundles exhausts her income. Draw Donna’s budget line. What is the ratio of the price of x to the price of y?
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