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1. Each month for several months, the average temper- ature in oC (x ) and the amount of steam in kg (y) consumed by a certain chemical plant were measured. The least-squares line computed from the resulting data is y = 111.74 + 0.51x .
a. Predict the amount of steam consumed in a month where the average temperature is 65 oC.
b. If two months differ in their average temperatures by 5 oC, by how much do you predict the amount of steam consumed to differ?
2. In a study of the relationship between the Brinell hardness (x) and tensile strength in ksi (y) of specimens of cold drawn copper, the least-squares line was y = -196.32 + 2.42x .
a. Predict the tensile strength of a specimen whose Brinell hardness is 102.7.
b. If two specimens differ in their Brinell hardness by 3, by how much do you predict their tensile strengths to differ?
as a manager you have to continually evaluate the organization and its strategy and consistently adapt the business
Easy Living Corporation manages a 1000-unit rental apartment complex. If rent is set at $2,000 a month, the complex would have a 90 % occupancy rate. A 100 % occupancy rate is achieved by reducing the rent to $1,800 a month
suppose that two countries a and b have the same rates of investment and depreciation the same levels of productivity
1) Using the value of its marginal products, explain how the demand for capital is determined.2) List the factors that influence the supply of loanable funds and the factors that influence the demand for loanable fund.
Assignment: Research two periods in history, one where the United States experienced an increase in inflation and the other an increase in unemployment. Write a paper discussing the causes and outcomes. Use the aggregate demand and supply mo..
consider a classical long-run economy described by the following equationsy c i gy al ka 50l 400k 100g 0t 0c
managers of a monopoly under rate of return regulation have an incentive toa. underestimate the firms costs.b.
Suppose the damages are $200,000 and each side sees its winning chance at 60 percent. What are the prospects for an out-of-court settlement?
Suppose you have the following demand function for the good x: x* = 80(py/px) - 0.5I. Are goods x and y complements or substitutes? How do you know?. Does good x demand satisfy the first law of demand? Why or why not?
When the company can manufacture goods at lower cost per unit by producing at least 2 products and achieving that lower cost per unit cost would not have been possible if it produced only single product
a multiplicative demand function of the form qd apb1yb2pob3 is estimated using cross-sectional data and 224
Oversize Transport Inc. supplies custom delivery service for very large construction equipment in the southeast region of United States. The most common lead of the specialty trucker is the Caterpillar model 740 dump truck, which is about 258 feet lo..
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