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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?
The inverse demand for your product is P = 200 - 0.1Q in for tourists and P = 500 - 0.2Q in for business travelers. If you price discriminate, what are your optimal prices to the two types of travelers?
Explain and discuss financing options for financing mergers and acquisitions. Identify success factors in mergers and acquisitions
What price and quantity will result once the patent expires and competition emerges in this market? Explain your answer.
Illustrate what would occur to the level of domestic investment.
Suppose its GDP grows by 1% in the next year and the budget deficit is again $100 billion. Compute its new level of national debt and its new debt-GDP ratio.
Be sure to include an analysis of the stages of production and describe why of the three stages, only one stage is rational for the firm.
Each can produce the next generation super computer for math (M) or for chip research. However, only one can successfully produce for both markets simultaneously. Find the Nash equilibrium (include the payoff in your answer), and elucidate why it i..
Why would a country such as the United States, which can presumably produce everything it needs itself, choose to trade with other nations?
Illustrate what are equations for IS and LM curves. Illustrate What is equilibrium level of income and interest rate.
Merit goods have received considerable attention. Can concerts and other publicly provided services be rationalized using these ideas.
Assuming that budget stays same except for interest on debt for 10 years, what will be accumulated debt? What will size of budget be after 10 years.
Illustrate what was impact on supply and demand of labour on one sector of labour market. Elucidate factors that affected labour demand and labour supply in chosen historical example.
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