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If you want to be 99?% confident of estimating the population mean to within a sampling error of (plus or minus) ±30 and the standard deviation is assumed to be 150?, what sample size is? required? (Use table of values for the standardized normal distribution.) Round up to the nearest integer.
AD-AS Framework: Assume that the economy is currently in short-run equilibrium but is experiencing an inflationary gap. If you are a Classical economist and believe that the economy is self-regulating, graphically illustrate and explain how the econo..
what is the threshold value of the discrimination coefficient "d" at which prejudiced businesses will start hiring only white workers?
BYOB is a monopolist in beer production and distribution in the imaginary economy of Hopsville. Suppose that BYOB cannot price-discriminate; that is, it sells its beer at the same price per can to all customers. Suppose that a technological innovatio..
What type of externality would your neighbor playing his sterol loudly exemplify? Can the Coase Theorem be used as a resolution for this conflict? Why or why not?
If you were assigned the responsibility for selling your firms products on eBay, how would you achieve the highest price? Give five specific ideas. Within your explanation please identify the type of product(s) you plan to sell. You should consider i..
q.1. suppose that ex is the exchange rate among the u.s. dollar and the chinese yuan in that ex indicates the number of
q1. bon temps has an issue of preferred stock outstanding that pays stock holders a dividend equal to 10 each year. if
Fig. 17-2 in Froeb & McCann shows a decision tree for deciding whether to enter a new market. Because the expected value of entering ($1) was greater than the expected value of not entering ($0), the decision was to enter. Why might the decision make..
If price controls are initiated, we would expect that
A cappuccino vending machine is designed to dispense an average of μ oz per cup. If the ounces per fill are normally distributed, with a standard deviation of 0.4 oz, what value should μ be set at so 6 oz cups will overflow only 2% of the time?
An Asset for transportation purchased and placed in service by a petroleum production company. Its cost basis is $75,000, and it has an estimate MV of $15,000 at the end of an estimated useful life of 15 years.
If the goverment of Langkawi decides that it cannot wait for the economy to self-correct in the long-run, what policy action could it posibaly take now? what trade offs,if any, will it have to be prepared to make in term of economic outcomes?
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