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a. Find the uniform continuous probability for P(X < 18) for U(0, 50).
b. Find the uniform continuous probability for P(X > 645) for U(0, 1,000).
c. Find the uniform continuous probability for P(30 < X < 54) for U(18, 69).
If software can only be produced in the quantities above, what should be the production level if the producer operates in a monopolistic competitive market where the price of software at each possible quantity is also listed above
Tamara received $500,000 from an insurance company. She wants to to deposit this in a savings account that earns interest at a rate of 6% compounded monthly. Then she would like to make 60 equal monthly withdraws over five years.
How much does the economy have to grow (potential output is, 3.5% and the unemployment rate is 7.3%) in 2014 to bring the unemployment rate down to 5%? How much does it have to grow each year to bring the unemployment rate down to 5% by 2017.
Draw a graph representing a hypothetical economy. Carefully label the two axes, the S + T + IM curve, the I + G +EX curve, and the equilibrium level of real GDP. Illustrate the effect of an increase in the level of autonomous saving.
The given information is the quarterly sales of gasoline in the U.S. in millions of barrels during part of the 1980s and the 1990s. Determine the linear trend and use it to forecast sales for first quarter of 1992.
Assuming that the levels of human capital and technology are constant, each 1% rise in physical per worker raises output per worker by 0.33% Suppose that physical capital per worker rises by 1.5% in a given year. Which one of the following best re..
Assume that a monopolist considering to spend 500.000 usd on large campaign to promote the their products.The demand curves are defined by p = 150 - 3q, where q is the output-quantity in 1000-usd. By executing the campaign the firm expects the new de..
5 150 300 6 150 390 Refer to the above data. If the product price is $95 at its optimal output, will the firm realize an economic profit, break even, or incur an economic loss How much will the profit or loss be Show all ca..
Assume that you are going to buy a car work $25,000. You will be able to make a down payment of $3,000. The remaining 22,000 will be financed by the dealer. The dealer computes your monthly payment to be $547.47 for 28 months of financing.
(2) What increase or decrease in the commercial banks' reserves took place in each transaction (3) Assuming a reserve ratio of 20 percent, what change in the money-creating potential of the commercial banking system occurred as a result of each tr..
a bank is offering to sell 6-month certificates of deposit for $9500. At the end of the 6 months, the bank will pay $10000 to the certificate owner. based on a 6-month interest period, compute the nominal annual interest rate and the effective ann..
Suppose the own rice elasticity of demand for good X is -2, its income elasticity is 3, its advertising elasticity is 4, and the cross-price elasticity of demand between it and good Y is -6. Determine how much the consumption of this good will cha..
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