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A survey of 430 business travelers found 155 used a travel agent to make arrangements (USA today, November 20,2003) Develop a descriptive statistic that can be used to estimate the percentage of all business travelers who use a travel agent to make travel arrangements. b.) The survey reported that the most frequent way business travelers make travel arrangements is using an online travel site. If 44% of business travelers surveyed made travel arrangements this way, how many of 430 business travelers used an online travel site?
The fact that a percentage of the interest income paid by one corporation is excluded from taxable income has encouraged firms to use more debt financing relative to equity financing.
Why anyone would pay a positive price for a CBOT or NYSE seat and what this price represents. Second, explain why the seat values have changed so much in recent months.
When using creativity to generate new concepts, should our focus primarily be directed to external markets? Why, or why not? Defend your answer and offer a specific example to support it.
Which of the following is an interest rate target specified in the FOMC directive?
If you drive 20,000 miles per year and the price of gasoline for this analysis is assumed to be $4.00 per gallon, which model should you purchase?
explain what occurs when a new technology makes another one obsolete in terms of economic profit. consider firm a to be
What are the two distinguishing properties of a public good? Explain each in one or two sentences. Give an example of a public good.
What factors in global segment can have significant impact on U.S. restaurant industry? How does each of these factors shape the growth and changes of the industry? What are the future trend of each factor and the resulting changes of the industry?
Suppose David spends his income (I) on two goods, x and y, whose market prices are px and py, respectively. His preferences are represented by the utility function u (xy)= lnx + 2 ln y (MUx=1/x, MUy=2/y). Derive his demand functions for x and y.
On average your client recieves 1%in annual simple interest in the foreign country. Explain to the client how the move would benefit savings.
Invisible hand of market would optimally allocate exhaustible resources and prevent shortages because market prices of a resource such as oil reflect both its current value and its future value. Why might Hotel ling be right.
US imports oil at the world price, $55 per barrel. The domestic supply curve in barrels per day is S = 2500000 + 250000P with P in dollars. Domestic demand curve is D = 70,000,000 - 500000P. Draw the US demand and supply curves for oil and indicate h..
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