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A sample of 49 observations is taken from a normal population with a standard deviation of 10. The sample mean is 55.
Determine the 99% confidence interval for the population mean. (Round your answers to 2 decimal places.)
q.think of another good that you have purchased recently or you could continue with the good you selected in tda i. be
Illustrate what is her MPC (Marginal Propensity to Consume) in this case.
Explain how this may be related to the problem of adverse selection. What could banks do to try to reduce this problem?
q. the tax reform act of 1986 contains a clause appropriating tax dollars for any taxpayer incorporated on september 7
Suppose that a biotech firm makes diagnostic tests and has a fixed-proportions production function in which one unit of output (diagnostic test) is produced using one worker and two units of capital (machines).
Unemployment according to Marx could be classified as what type of unemployment?
What is the profit maximizing condition for the firm when choosing the optimal level of labor? Write down the condition in REAL terms. Suppose the Labor Supply Curve is given by Ns = 92 + 6w. (w is the real wage). Obtain the Equilibrium real wage and..
An experienced salesman offers his service (help you perfectly price discriminate) for $800. Based on c) and d), do you accept the salesmans offer? Show work, and explain briefly.
In order to just break even, Elucidate how much will the company have to charge for every set.
Calculate GNP, GDP, and aggregate income. GDP = $ GNP = $ Aggregate income = $ b) What is depreciation in this year? Depreciation = $ c) What is NDP? NDP = $
In Akerlof’s lemons problem, with symmetric information, suppose that 5 cars are available in equal quantity and with quality levels 0, 1, 2, 3, and 4. Suppose the sellers have a reservation price of $2,000 per unit of quality, and the buyers value c..
In which markets will firms probably have the most difficulty recouping their investment in technological innovations?
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