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Q. The manager of the aerospace division of General Aeronautics has estimated the price it can charge for providing satellite launching services to commercial firms. Her most optimistic estimate (a price not expected to be exceeded more than 10 percent of the time) is 2 million. Her most pessimistic estimate (a lower price than this one is not expected more than 10 percent of the time) is 1 million. 1.5 million Expected value estimated. The price distribution is believed to be approximately normal.
Explain what is the expected price?
Explain what is the STD dev of the launch price?
Explain what is the probability of receiving a price less than 1.2 million?
Elucidate what is the marginal opportunity cost of 1,000 garments of clothing in the range between points B and C.
Illustrate what inconsistent other than price appear to have the biggest impact on the demand products. How much influence does the company have over these inconsistent.
Compute the new equilibrium wage and the new number of jobs. Will the number of jobs increase or decrease.
q.in the united states private schools charge tuition and compete against private schools that do not. one policy
Oligopolies are always bad for society. The beer industry has a few large firms and many small firms; therefore we would not call it an oligopoly.
Evalute the percentage change for the two years. Explain the drastic change and what this meant for the U.S. population.
Given the formal structure of the Solow model, the numbers in the first column should in principle be per-worker GDP numbers. However, for purposes of the problem.
What is the profit-maximizing rate of output for the firm?( b ) How much profit does the firm earn at that rate of output?
Assume new suppliers enter the market due to the increase in demand so the new supply curve is Q= -500 + 10P. Illustrate what are the new equilibrium price and equilibrium quantity.
q.in 1950s mahjong was illegal in taiwan. given the enjoyment of playing such a fun game this is surely inefficient.
Find the equilibrium market quantity and price if the market demand is Qd = 320 - 30p. Part four - how much output will each firm produce?
Illustrate what money supply should the Bank of Canada set next year if it wants inflation of 10 percent.
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