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Grade = (0.50 x hours spent studying) + (0.25 x class attendance) + (0.25 x prior GPA)
Suppose that the equation given above applies to you and that you currently study 2 hours per week and attend class on average 3 out of 3 possible hours per week. Your previous semester's GPA is 2.0. If you are intent on getting a 4.0, how many more hours per week do you need to study?
a.6.5
b.5.5
c.3.5
You are analyzing the prospects of installing cost saving machinery. You have the following information:
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:
how do shifts in provide also demand influence price, quantity also marketplace equilibrium of toilet paper.
Mass communication has many advantages and disadvantages. Which of the following is NOT a disadvantage? Very expensive when exposures are measured on a per person basis
Cigarette smoking imposes many external costs on society: secondhand smoke, the litter on the street from discarded butts, and so on. Therefore, the market equilibrium quantity of cigarettes is not equal to the socially optimal quantity.
Outline what the kinked demand curve model of oligopoly seeks to explain. What are the major points of this theory? How does the kinked demand theory of oligopoly differ from other theories in terms of explaining the behavior of companies in an oligo..
Which of the following is (are) true about the loanable funds market?
A profit-maximizing firm should continue to increase production of a good until:
Most of the increase in the labor portion of total health care expenditures in the past 40 years can be explained by
Find out the contingent demand function for labor and capital and the corresponding total cost function. Find the long-run average cost and the long-run marginal cost of both inputs.
Two hospitals want to merge. The price elasticity of demand is 0.20, and each clinic has fixed costs of $100,000. One clinic has a volume of 9,200, marginal costs of $70, and a market share of 3 percent. What are the total costs, revenues, and profit..
leave the equilibrium quantity of labor input and real GDP unchanged. lower the equilibrium quantity of labor input and real GDP.
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