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Q. At drive-through counter of a fast-food outlet, an average of 10 cars waits in line. Manager wants to determine if length of line is having any impact on potential sales. Her study reveals that, on average, 6 cars per minute enter parking lot and look at length of line in drive-through area. Of se 6 cars per minute, on average 25% of drivers decide that line is too long and leave without getting into line. Assume that no car that actually chooses to enter line leaves without service.
If each economy specialized in its comparative advantage, what range of prices would bacon trade at in terms of eggs.
The Central Bank of Muji wishes to eliminate the recessionary gap while expansionary monetary policy. The central bank can do so by stimulating consumption and planned investment.
Sketch the monopolistically competitive firm's demand curve by plotting one point on the horizontal axis and a second point on the vertical axis.
Compute the output and price of wood working if it is produced under competitive condition without regulation. Determine the socially efficient price and output of woodworking.
Elucidate its advantages and disadvantages and suggest appropriate policy prescriptions to deal with the potential shortcomings.
Elucidate how banks and individuals can use "covered interest arbitrage" to protect themselves when they make international financial investments.
Under what circumstances is objective function more important than constraints in a linear programming model. Under what circumstances are constraints more important than objective function in a linear programming model.
Illustrate what is the marginal income for each 10,000 increase in the quantity sold. Illustrate what recording fee would you advise Johnny to demand from the record organization.
Has the United States become more or less economically free during the past decade? What impact will this have on the future economic growth of the United States.
Find out the expected number of points resulting from the one on one. Compare this with the expected number of points from a two shot foul, where the second shot i always given.
Illustrate what will be the long run market equilibrium price also output. Elucidate how many mills of Illustrate what type - new or old - will survive.
Assume that raising the marginal income tax rate raises $200B which could be spent on infrastructure projects. Explain how would we measure the cost of the project to determine whether it is worth undertaking.
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