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Consider the problem Find-Clique defined as follows: "Given a graph G and a number k as input, find a clique of size k in G if one exists." Recall the Clique decision problem
"Given a graph G and a number k, does G contain a clique of size k?". Give a polynomial-time reduction from Find-Clique to Clique.
Explain what is meant by David Packard's quote "Marketing is far too important to leave to the marketing department". Explain the role of SWOT analysis in determining a firm's objectives or goals.
Assume that health production is subject to diminishing returns and that each unit of health care employed entails a constant rate of iatrogenic (medically caused) disease. Expalin why would the product of health function eventually bend downward.
Consider two consumers, John and Maria, each with an quantity of two goods: corn and sugar. Suppose now that John has 40 G and 0 S and that his MRS(GS) is 1G/1S. Maria has 20 G and 70 S and her MRS(GS) is 3G/1S. Are there gains to be had for both Joh..
Four college friends are looking to buy one netbook apiece due to them all losing their computers in a dorm theft after Drew forgot to lock the door. The table below contains the maximum prices each would be willing to pay, shown in the table below. ..
A refinery manufactures two grades of fuel, F1 and F2, by blending four types gasoline, A, B, C, D. Fuel F1 uses gasolines A, B, C, and Din the ratio 1:1:2:4, uel F2 uses the ratio 2:2:1:3. The minimum demand for F1 and F2 is 200 and 400 bl/day, resp..
At the same meeting of the open market committee where it announced Quantitative Easing 3, the Fed chose to also announce that its currently low Fed funds rate of 0 to .25% would be maintained until at least the middle of 2015. Why would changing inv..
New equipment was just purchased for $750,000. Estimated salvage in 10 years is $50,000. Calculate the depreciation and book value at the end of year 4 for each of the following methods:
Census data indicate that, as of 2008, the top fifth of all households receive about ________ times as much income as the bottom fifth
Examine perfect competition in the value-menu fast-food restaurant business. Why does this type of fast-food restaurant tend to display characteristics of perfect competition? When is losing money on Mondays still a good business decision?
Currently Lotta £ 95,000 to invest. She faces the following choice: she can buy shares of AstraZeneca and Ericsson. If she invests in AstraZeneca she will lose £ 30,000 with probability 0.5, but with probability 0.4, she will win £ 35,000, while the ..
What would happen to the amount of economic investment made today if firms expected the future returns to such investment to be very low.
Employ the aggregate demand and supply model for the Australian economy, to analyse the consequences for real GDP and the general price level of the following scenarios. Assume that the economy operates in the intermediate range of the aggregate supp..
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