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Suppose you place 6 green, 8 blue, and 2 yellow marbles in a non-transparent bag. You then randomize the marbles by shaking them up thoroughly. Assume you then randomly select two marbles from the bag without replacement.
What is the probability of selecting two green marbles?
Assume the following game is played one time only. Based on the information in the payoff matrix below, PNC Bank and Citizens Bank are considering an implicit collusive agreement on interest rates. Payoffs to the two firms are represented in terms..
Philips Industries produces a certain product that can be sold directly to retail outlets or to the Superior firm for further processing and eventual sale as a completely different product.
Clipit utilize this advantage to be the first to choose its profit-maximizing output level in the market.
A model of an economy showing the interactions between households and businesses as they exchange goods, services and resources in markets is known as?
The public's preference is to hold their money as half cash, half demand deposit. Reserve requirement is 25%. Determine monetary multiplier.
Elucidate what level of visits will the maximum profit position be. Elucidate what are the profits at this level.
Suppose the return and cost of entrepreneurship curves are described by the following equations(with numbers measured in the thousands):R=800-50 N,C=100+150 N, where R=returns to entrepreneurship,C =cost of entrepreneurship, and N=number of entrepren..
4. Suppose that the economy-wide expected future marginal product of capital is MPKf =20 - 0.02K, where K is the future capital stock. The depreciation rate of capital, d, is 20%per period. The current capital stock is 900 units of capital. The price..
Assume that the plant managers base their decisions on a five-year capital budgeting cycle (i.e., time is t = 0, 1, 2, ..., 5, where t = 0 is now), and that changes in regulations mean that the company has to buy the scrubber within a 5-year grade..
Supposed that higher income implies higher imports and thus lower net exports. That is the NX = NX (e). what are the effects in a small open economy of fiscal expansion on income and the trade balance under floating and fixed exchange rates
How much percent can we expect the price of rental apartments to rise after the law is enforced, if we know that we expect an additional rise in demand for rental apartments which will cause an additional 20 percent rise in the number of apartment..
The question asked that assume that the aggregate demand curve.
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