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Question: When we assess our subjective probabilities, we are building a model of the uncertainty we face. If we face a range-of-risk problem, and we begin to assess a continuous distribution subjectively, then clearly it is possible to perform many assessments, which would make the sketched CDF smoother and smoother. How do we know when to stop making assessments and when to keep going? When is the model of our uncertainty adequate for solving the problem, and when is it inadequate?
Discussion questions answers should have at least two paragraphs for each question. Contrast executive pay with nonexecutive pay, including a discussion on executive core and deferred compensation packages.
Determine how organizations such as MBE can help business owners put at least one of the models built around social networks into practice.
Compute a multiple-regression equation estimating a typical home's sales price based on the various improvements.
What would be the long run price and quantity for this firm in a competitive market? 2. In the long run how many firms are in the industry?
Suppose the nominal interest rate is going to be 10% per year for the next two years. The present discounted value of $500 to be received in two years is: $480.00 $490.00 $350.00 $413.22 $454.45
select a firm whose stock is publicly traded on a u.s. stock exchange. what strategic changes has this firm made over
Suppose that consumers are all risk neutral and so they do not purchase health insurance. The equilibrium price of a doctor visit is $30, the supply of doctor visits is perfectly elastic, and the aggregate demand for doctor visits is given by Q=200-5..
Prepare a report about one product or service containing information that could be used for a marketing plan - You can choose a product/service from your own business or from another business with which you are familiar.
Assume that the demand curve for apples is given by Qd = 140 - 5P, where Qd is number of pounds demanded per year and p is the price per pound. The supply of apples can be described by Qs = 40 + 3P, where Qs is the number of pounds provided.
What is the theory of diminishing returns? How does it effect returns?
When trying to assess differences in her customers, Claire - the owner of Claire's Rose Boutique - noticed a difference in the typical demand of her female versus her male customers
What kind of market structure is the fast food industry and diamond industry? How do you know this to be true?
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