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There are 4 orange, 1 green, 3 blue and 2 black balls in a bag. You take 5 balls with replacement randomly from the bag and count how many orange balls you get. What is the mean and standard deviation of this event?
Which industry is more highly concentrated: one with a Herfindahl index of 1,200 or one with a four-firm concentration ratio of 55 percent?
Explain how do efficiency techniques differ in short- versus long-run when attempting to maximize profits. Illustrate what specific incentives are used in your workplace to promote efficiency.
A banks liabilities are
Mining is proposed for a wilderness area that provides two benefits: recreation (due to backpacking opportunities) and biodiversity (there are endangered wildlife and plants). Which discount rate makes the best case for mining? What is the present va..
1. Find the value of consumer surplus for any given choice of per-unit price p. 2. Write the set notation description of the feasible set.
Which of the following is not an accurate description of what can cause inflation?
Evaluate the origins of the Opium Wars from both Chinese and British viewpoints, and incorporate a well-defined argument of which country had a more valid claim.
Discuss three tools that can be used for forensics data analysis and reporting. Explain how you would use these tools in an enterprise.
Where P is the price of dish washers, what is the quantity of dish washers bought and sold at equilibrium?
Suppose that the labor market is competitive and there are a total of 1,000 black workers and 1,000 white workers (who each supply their labor in elastically). Both black and white workers are equally productive, having constant individual dollar pro..
Make a graph for each and then explain your graphs. (Hint: for the natural rate of unemployment, consider only the structural unemployment caused by minimum
We saw that a $10 Billion increase in government spending decreases public savings and therefore reduces national savings, and will reduce equilibrium private investment and increase interest rates as well. A $10 Billion tax cut will decrease governm..
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