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A shipment of 100 fruit crates has 11 crates in which the fruit shows signs of spoilage. A quality control inspection selects 8 crates at random, opens these selected crates, and then counts the number (out of 8) in which the fruit show signs of spoilage. What is the probability that exactly two crates show signs of spoilage?
q. assume the united states exports 2000 computers at a cost of 3000 each and imports 200 uk autos at a cost of
The biggest difference between Microsoft and software retailers is the market structure in which they operate.
Explain the challenges in measuring consumer surplus of a free product like major online applications, such as Facebook and Google Search. Explain how to quantify the gains that the internet has brought to consumers
Find the Herfindahl index for an industry composed of (a) three firms- one with 70 percent of the market, and the other tow with 20 and 10 percent of the market
If a pound of U.S. pork cost 40 rupiah in Indonesia before the Asian crisis, how much did it cost when the dollar value of the rupiah fell by 80 percent?
Imperfect competition is the norm, so healthcare markets cannot work. Analyze this comment and explain your answer. The existence of market failure does not signal what should be done in response.
Describe the main differences between the Sticky-Price-Model and the Incomplete-Information-Model. Focus specifically on. The assumption regarding the market structure for the firms. The assumption regarding the level of information of the actors in ..
Find out statistics on the web from 2004 to present on following indicators of the macroeconomic conditions of the U.S. economy.
Explain the important determinants of the Working Capital needs of a firm. Can two firms with different Working Capital achieve the same amount of sales? If so, explain how.
On Jan. 1, 2000, you purchased a bond that will pay $1,000 on Dec. 31 of each year from 2000 until 2019. It is now Jan. 1, 2015, and you decide that you would like to sell the bond. Assuming that the prevailing annual interest rate on that day for fi..
Because their countries have similar institutions, the price paid for a computer in Germany and the United States are about the same when converted into the same currency.
A firm should continue to hire more workers as long as wages are low.” Do you agree or disagree? Why? A union could raise wages without causing unemployment of union members if it can increase demand for union labor. How might this goal be achieved?
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