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Explain why the standard deviation would likely not be reliable measure of variability for a distribution of the data that includes at least one extreme outlier
Mr. Smith has saved $ 1200 each year for 25 years. A year after the saving period ended, Mr. Smith withdrew $ 4500 each year for a period of 5 years. In the sixth and seventh year, he only withdrew $ 3000 pre year. In the eighth year, he decided to w..
Consider a 2 × 2 two-player zero-sum game in which the possible outcomes for Player 1 are win (payoff = 1) or lose (payoff = -1). The win probabilities corresponding to each of the four action pairs are UL : 1/3 UR : 2/3 DL : 3/4 DR : 1/4 a) (2 point..
A New York Times editorialist recently advocated a cut in the payroll tax.
How would you evaluate monetary policy and fiscal policy today? Is monetary policy contradictory with fiscal policy? Why or Why not? Support your analysis with examples.
What is the difference between second-degree price discrimination and third-degree price discrimination?
3.analyse the two following situations for forms in competitive markets a suppose tha tc 100 15q where tc is total cost
When the absolute value of the own price elasticity of demand is zero, demand is:
Suppose Mary’s utility function for two goods X and Y is given by: U(X,Y) = 2X1/3 Y2/3. If Px = $4, Py = $5, and Income I = $200, compute Mary’s utility maximizing consumption bundle. Show the utility maximizing consumption bundle on a graph.
Why is market power an important element in the rule of reason treatment of tying contracts?
When companies expand into the international arena, they do so either because their home market has matured or because they see real opportunities in the foreign market. Discuss which kinds of international strategies are most appropriate for compani..
From 1978 to 2011 China's economy grew at an extremely high rate. A number of reasons have been cited as source of this growth rate. Given those reasons which economic growth model, do you think would be best in explaining the growth of China. You ca..
“The money supply of an economy increases when the central bank simultaneously decreases the reserve requirement and sells government bonds in open market.” Explain whether this statement is true, false or uncertain. Explain what is the inflation tax..
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