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Discuss the differences between formulas and functions. Pick a function in Excel and discuss how that function is used to calculate results in your worksheets. Review your classmates' posts to make sure that you're not duplicating formulas or functions already discussed. Using the following scenarios, discuss how you would apply the Excel functions or create a formula to solve the scenario. Be specific!
Write a program that will read in 12 integer values into a 3 x 4 two-dimensional array (i.e., an array of 3 arrays of 4 integers). The values should be entered via standard input.
Assuming that the firm hires 10 units of capital and 20 units of labour, use the production function given in part a to compute the average and marginal products of labour.
Suppose a new deposit to the US banking system of $1000. Assume that all commercial banks have a target reserve ratio of 10 percent and there is no cash drain.
Suppose a car wash firm that has 3 workers is able to wash 120 cars per day. When it adds one more worker, it is able to wash 152 cars per day in total. Suppose each car wash costs $15. Then the marginal revenue product for the 4th worker is ?
Assuming Jack's preferences over beer and whisky did not change, was his behaviour consistent with those of a rational consumer model? Draw the two budget constraints and explain your answer.
Given the following data for a community health center, calculate the average and marginal cost for each output level and (in case of marginal cost) between successive output levels.
Consider the market for tuna, which is a perfectly competitive market. The long-run equilibrium price is $3 per can of tuna, and the long-run equilibrium quantity is 600 million cans per yr. Suppose the Surgeon General issues a report saying that ..
macropoland a country that is a natural gas and oil importer has a natural rate of unemployment at the full employment
Discuss its current status. If possible, current a separate graph for each indicator illustrating the historic trend for each.
What is the economic reasoning for the aggregate demand (AD) function sloping downward from left to right showing an inverse relationship between the price level and real aggregate demand?
In December, year 1 Sid's Body Shop (an accrual-basis taxpayer) did repair work on Lisa's car and was to be paid $2,000 by her insurance company.
After the productive team meeting, Dr. Sallkind, from Valley Healthcare, wants to engage you in further analysis to establish a plan to mitigate risks, threats, and vulnerabilities.
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