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In a certain bank, previous records show that out of 200 prospective customers walking into the bank, 100 open a checking account, 50 open a savings account and 30 open both accounts. What is the probability that a customer will open savings account given that he had opened a checking account?
q.suppose a firm has the total cost functioncq1002q12q2afind the firms marginal cost functionb find the firms average
Suppose he is offered fair insurance with a $3000 deductible. What premium will he pay and what will be his expected utility with insurance.
When conducting a rate of return (ROR) analysis involving mutually exclusive alternatives, the first step is to:
Compute private saving, public saving, and national saving. Find the equilibrium real interest rate. Suppose that government expenditures fall by 500: compute the new equilibrium interest rate.
An investor is considering the construction of a new marina on the Detroit river at a cost of $68m. M&O costs will average $80,000 per year for the first five years, and rise to $100,000 per year thereafter. A major overhaul costing $12m will be requ..
Output per worker yt = 4kt 1/3, the saving rate is 30 percent, and the depreciation rate is 13.3 percent. Calculate the steady-state values of capital per worker and consumption per worker.
A study the seasonal demand and supply, explain what happened to cause the oil prices to fall to consumer demand in early 2015. Draw demand and supply curves to explain what happened.
What will happen to the price of asset A and what about the nominal interest rate on asset A and explain how an open market purchase leads to an increase in the money supply when the central bank pays for it with reserves - even though reserves th..
We read in this week's reading that there are types of innovation—product innovation, process innovation, radical innovation, and incremental innovation. In addition, Clayton Christenson introduced disruptive innovation and sustaining innovation.
explain the future consequences of this action on the economy and the inflation rate. Please indicate the documentation on your research.
Two banks (Franklin and Lincoln) compete for customers in the growing city of Logantown. Both banks are considering opening a branch office in one of three new neighborhoods: Is there a pure strategy for this game? If so, what is it? If not, identify..
In many states, including Florida, it is illegal to engage in price gouging. Florida’s law penalizes a seller for any “gross disparity between the quoted price of a ‘necessity item’ such as water, and the item’s price on the date that the governor de..
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