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In a study of vehicle ownership, it has been found that 31% of U.S. households do not own a vehicle, with 48% owning 1 vehicle, and the remaining owning 2 or more vehicles. The data for a random sample of 200 households in a resort community are as follows: 76 owned 0 vehicles, 106 owned 1 vehicle, and the remaining owned 2 or more vehicles. When testing (at the 10% level of significance) whether the vehicle-ownership distribution in this community differs from that of the nation as a whole what is the critical value? (please round your answer to 3 decimal places)
Illustrate what is the airline's profit-maximizing fare? How many passengers does it carry per week, using how many flights.
Two firms, A and B, each with a marginal cost of $50, form an oligopoly whose market demand is P = 650 ? 10Q. If the market is defined by Cournot competition, what quantity will they produce and what price will they charge?
You are tasked with manufacturing 12 commercial aircraft per month. A new OSHA rule requires that welders be given paid 2 hour break for every 2 hours of work to prevent carpel tunnel syndrome. Using the isoquant isocost graph as an aid, explain what..
The traditional remedy for a nuisance is an injunction, and the non-traditional remedy is damages. Explain in a paragraph, circumstances in which the former is more efficient than the latter, and the circumstances in which the opposite is true.
If ABC adds an assembly line for the product and XYZ does not follow with a competitive product.
Imagine a nonprofit organization trying to raise funds for cancer research. What types of strategic alternatives might such an organization develop?
q1. which one cash flow or net income do you think is more important to apple inc final project company and more
What is the Federal Reserve (Fed) all about? Which Federal Reserve District Bank is closest to you? Who is the current Chairman of the Fed?
Discuss the organizational structure of your selected organization, then compare and contrast it with two different organizational structures.
Ernest's income elasticity of demand for natural gas is 0.4. His price elasticity of demand for natural gas is -0.3, and he spends 10% of his income on natural gas. What is his substitution price elasticity?
Advise Steve whether he will able to rely upon his insurance policy. Support your answer with relevant cases and legislation.
In the early part of the 21st century the high protein Atkins diet became quite popular in the US. Explain what the popularity of this diet would do for demand for a high protein food like meat and for the marginal utility of meat at former levels of..
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