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What is the approach to development advocated by Amartya Sen?
Helen can earn interest in her savings account. Suppose Helen deposits $4000 today and one quarter from today she deposits $1000. Each quarter she increases her deposit by $50 until the end of 20years. Starting from 25th year, she would like to withd..
A monopolist manufacturer sells to competitive retailers. The competitive retailers currently provide no services for the manufacturer’s good. Calculate the profit of the retailers and of the manufacturer. What would be the profit of the manufacturer..
An industry consists of two ?rms. The demand function for the product of ?rm i is qi =24−5pi +2pj. The marginal cost of production for each ?rm is zero. Find the price best-response function for ?rm i. Find the collusive prices. What are collusive pr..
What is the probability that the mean height for the sample is greater than 64 ?inches?
Media loves to tell the horror stories of disasters after security breaches. IS professionals must pro-actively plan countermeasures.
A car manufacturer claims that its vehicles average at least 25 miles per gallon.
Economic Projections you have just been appointed the new Economic Advisor to the U.S. Government and have been asked to develop an economic series of projections for the U.S. domestic economy for the next year. Outline your new forecast based on cur..
In the real business cycle model, suppose that government spending increases temporarily (i.e.,Gt increases but Gt+1 does not). Determine the equilibrium effects of this using the diagrams of labor market equilibrium and goods market equilibrium. Bri..
Provide one example each of a workforce scheduling, a blending, and a logistics linear optimization problem not discussed in the textbook. What is being optimized in each of your examples and why?
Construct a? 90% confidence interval for the slope of the true? least-squares regression line and then determine the mean rate of return for the company
Suppose there are two types of people who need health insurance; high-risk and low-risk consumers. High-risk consumers have a relatively high probability of needing expensive medical care and on average incur $2,000 of medical expenses per year. If a..
Explain why a person starting up a small business probably stands a better chance of raising money by applying for a bank loan than by issuing bonds. Banks now control only about half as much of the total financial intermediary assets as they did abo..
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