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Mars Inc manufacturers M&Ms the milk chocolate comes in a variety of colors: blue brown green orange red and yellow the overall proportions for the colors are 0.24 blue, 0.13 brown, 0.20 green, 0.16 orange, 0.13 red and 0.14 yellow in a sampling study several bags of M&M milk chocolates were opened and the following color count was obtained
blue-105 brown-72 green-89 orange-84 red-70 yellow-80
use a 0.05 level of significance and the sample data to test the hypothesis that the overall proportions for the colors are stated above what is your conclusion?
A farmer owns a plot of ground also sells the right to pump crude oil from his land to a crude oil producer.
Throughout the 1970s and 1980s, genetic engineering increased crop yields in the United States. "General Motors said Monday that it will close 14 plants, including seven in Michigan, as part of its restructuring in bankruptcy."
q.for each of the following values for the mpc determine the size of the simple spending multiplier and the total
Hypothetical cost and revenue curves for a computer producer. Illustrate at what price will the monopolist sell each computer.
q1. assume the government decides to fight obesity in america by imposing an excise tax on the saturated fat content of
How might the university administrator lure the college athlete to choose them over others? Would this type of price control be considered a price floor, a price ceiling, or neither?
Illustrate what are the Joseph's demands for roses also tulips as a function of prices also income.
How does domestic price ratio change. How will country's production pattern change. How will its consumption and trade pattern change. How is welfare affected. Is re a difference to import tariff.
The investors in exercise 2 are surprised by firm's performance in year 5. Instead of being $20 million, the firm's profits are $40 million. What happens to firm B's stock price in year 6 and 7?
The steel industry has been lobbying for high taxes on imported steel. Russia, Brazil also Japan have been producing also selling steel on world markets
Suppose that Frank is considering giving Mike eight paper back books in exchange for 2 CDs. Explain the conditions under which this trade would be mutually beneficial. Also explain the conditions under which Frank and Mike won't make the trade.
altering of the interest rate to change aggregate demand. Fact that equal increases in government spending and taxation will be contractionary.
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