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Select a restaurant to use as your focus throughout the course assignments. This can be a fictional restaurant that you create, a restaurant that you intend to open some day, a restaurant that you work for currently, or have worked for in the past. This establishment will be the same one that you use to write the Final Paper.
Write a two- to four-page paper (not including the title and reference pages) describing the restaurant, customer demographics, and location. Demographics should include age, education, occupation, and income of desired clientele. You also need to discuss the competition of the restaurant selected.
There are two related variables, noise (equals either quiet or loud) and intoxication (equals drunk or sober). P(drunk)=.25, P(loud)=.4. You know that if someone is drunk, then the probability of them being loud is .9. Use Bayes’s Rule to calculate P..
She tells her friend that the additional utility she would get from the second pair of sneakers is the same as the additional utility she would get from the fifth sweater.
Determine what fiscal policy measure has a more direct impact to the economy, an increase in government spending or an equal decrease in taxes if consumer confidence is lower than the previous month.
The effect of rising energy prices for the economic wellbeing of households and the likely effect of increases in the cost of traditional sources of energy for the energy consumption patterns of Australian households
Define the terms "constant capital," "variable capital," and "surplus value." What role do these three factors play in the process of capital accumulation?
1-Find the annual salary of 3 union presidents. How does this compare to the average annual salary of the rank and file member? Why might the union justify this discrepancy?
explain current global economic conditions and their effect on local macroeconomic indicators for the good or
accounting increases a students preparedness to understand complex business concepts and the rationale managers use to
Defend or critique the importance of considering the complex nature of health and healthcare when examining the economic principles related to healthcare delivery.
Competitive industry, market determined price =$12, Output = 50 units, ATC = $10, Marginal cost = $15, AVC = $7-Is this firm making the right profit maximizing decision? If yes, why and if not, what should this firm do?
Describe the relationship between price, short-run marginal cost, long- run average cost and short-run average cost in the final long-run competitive equilibrium condition. What are economic profits in this long-run equilibrium condition?
What are the potential consequences of a country having a large overall national or public debt? If you were in the position to implement a solution for the country's long-term debt, what would it be and why?
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