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On a certain day the average closing price of a group of stocks on the New York Stock Exchange is $35 (to the nearest dollar). if the median value is $33 and the mode is $21:
1. Is the distribution of these stock prices skewed? if so, how?
2. Draw a representative picture of the information described above
briefly state the basic characteristics of pure competition pure monopoly monopolistic competition and oligopoly. under
Explain why in a perfectly competitive market the firm is a price taker. Why can't the firm choose the price at which it sells its good and Leskeista produces table lamps in the perfectly competitive table lamp market.
suppose a firm faces the following demand for their product p100-q. further assume that the marginal cost to produce
analyze the influence of deficit surplus and debt on the health of the u.s. macroeconomyyour discussion should include
Write down the Lagrangean function associated with this problem and derive the first-order conditions for this problem.
which of the following is true regarding a banks capital-asset ratio?a high capital-asset ratios are desirable as they
Industry and general pattern of change and hypothesize the basic short-run and long-run in a market economy
Assume that a firm purchases R in a purely competitive resource market; that is, the firm can purchase any amount of resource R it chooses without affecting the price of R.
the space age furniture company manufactures tables and cabinets to hold microwave ovens and portable televisions.
Suppose it costs each person $20 a day to fish and that fish sell for $10 each at the market. At the social optimum, how much would it hurt all the other fishermen (combined) if one more person started fishing?
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Calculate her utility maximizing choice of food and clothing and calculate the level of utility her optimal consumption bundle gives to her.
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