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Q1. If the variable is almost normally distributed does that mean you use common distribution?
"Use the data set; noting which cultivated area is variable is nearly normally distributed. What is the probability that the area of a crop is selected at random is less than 6 acres is there a specific formula i have to use?
Q2. If the demand curve for wheat in the US is P=12.4 - Q (here Q is quantity demanded)
and the supply curve for wheat is P= 2.6 + 2Q( here Q is quantity supplied)
Illustrate what is the equilibrium price of wheat?
Illustrate what is the equilibrium quantity of wheat sold (actual price equal the equilibrium)?
Show that a specific tax of $3.70/unit generates the same revenue as a 20% ad valorem tax
Compare the consumption levels of workers in both countries. Explains the diversity between the countries.
At present, the original manufacturer is deciding either they should continue production of toy truck.
Suppose at the current level of labor used, the MRP = $100 and the MFC = $50. Elucidate the maximize profits
Describe how each of these activities affects government, households, and businesses. Describe the flow of resources from one entity to another for each activity.
An individual likes owning cars is better. In order to own a car, an individual must have a 1:4 ratio of frames to tires.
Your publishing house is about ready to release John Grisham's newest novel just in time for Holiday giving.
Explain should decision management as well as decision control be separated.
What is now the effect on gold consumption and mining of an increased use of gold as money.
Rusal believed the price of aluminum would fall because of the growing accumulation of inventories worldwide.
Over the long run historically, real wages produce about same pace as labor productivity.
Now suppose your utility functioin is U= (square root)Wealth. What is the maximum you will pay for the bike check-in now.
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