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1. If a coffee shop decides to randomly subscribe to half of these newspapers, what is the probability that these five will include the USA Today, the Wall Street Journal, The New York Times, the Washington Post, and the Dallas Morning news?Newspaper Wall Street JournalUSA Today New York TimesLA TimesWashington PostDaily NewsChicago NewsLong Island News dayHouston ChronicleDallas Morning News.
q. what is opportunity cost? explain with the help of an example why assumption of constant opportunity cost is very
You are planning a security with the following possible rates of return, Compute the expected rate of return and the standard deviation of the returns.
1.Consider the advantages and disadvantages of extending property rights so that everyone would have the right to prevent people imposing any costs on them whatsoever (or charging them to do so).
Explain why it might make economic sense for the university to have such a two- group plan, rather than treat all employees (old and new) the same.
What is the required sales volume for Abner Corporation to earn a profit of $10,000 per month and get an equation for the firm's short-run total cost function.
Given the Keynesian explanation for the persistence of high levels of unemployment after the recessions of the early 1980s and early 1990s, what policies would you advocate to reduce unemployment in the years following a recession?
The fresh milk market in Honolulu is purely competitive. The typical production cost is defined through a a cubic cost schedule as given below.
The following production function are given and solve this problem using an spreadsheet approach and then do the problem using the optimization procedure
if you could choose between what we called the anglo-american political economy and the continental european model of
Discuss why this ownership pattern makes economic sense. Do you think the CEO's conclusions are correct? Why or why not?
1.In what way does specialization reduce the problem of scarcity?
If a firm making losses goes out of business, is this bad? Why or why not?
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