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Lean Burger's drive through receives 20 customers in every ten minutes of business time between 12:00 - 1:00 PM during this time of day in 10 minutes of operation:
a. Illustrate the probability that no customer arrives?
b. Illustrate the probability that only 1 customer arrives?
c. Illustrate the probability that 2 customers arrive?
d. Illustrate the probability that 3 customers arrive?
e. Illustrate the probability that less than 4 customers arrive?
f. Illustrate the probability that more than 4 customers arrive?
Results of drilling are 15 dry holes, 12 gas producers, 18 oil wells, and 20 wells producing both oil and gas.
The impossible trinity refers to the idea that a country can simultaneously pursue only two of the three following policies: free international-capital flows, monetary policy for domestic stabilization, and a fixed exchange rate.
Using this demand function, find the total revenue function. What is the shape of the total revenue function.
Explain how the short-run Phillips curve, the long-run Phillips curve, the short-run aggregate supply curve, the long-run aggregate supply curve, and the natural rate hypothesis are all related.
Pretentious that yields for each stock are around generally distributed, with which investment strategy do you have the smallest chance of losing money?
Think of any financial innovation in the past ten years
Support your answer amid an illustration which shown market equilibrium for chocolate bars which comprise x and y interrupts of the curves and label them accordingly.
Evaluate the financial performance of the company using the information providedin scenario. Consider all the key drivers of performance, such as company profit or loss.
Explain the paradox of why new cars usually lose a large fraction of their market value the moment they are driven from the showroom. Identify the economic principle that explains this paradox.
Solve for equilibrium real output and also solve for the equilibrium interest rate.
Where there currently is a tariff. What is the effect of this tariff on the U.S. economy.
Suppose it had begun an expansionary policy early in 1981. What does the text's analysis of the inflation unemployment cycle suggest about how the macroeconomic history of the 1980s might have been changed.
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