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Q. Compute three-dimensional Cheby shev polynomial tensor product approximation on [1, 3] using 11 points in each dimension. Use 41 uniformly distributed points in each dimension to compute L and L norms of error. Then compute complete polynomial approximation. How much accuracy do you lose? What is relative computational cost of two approximations?
Q. What are financial intermediaries and what do they do? 2. What information problems exist in financial relationships and how do financial intermediaries help solve them?
What is the value of net domestic product (NDP)? What is the value of national income (NI).
Draw appropriate marginal income curve. Show range over which a marginal cost curve could rise or fall without affecting cost industry charges.
Someone proposes to buy the farm from you for $1 million. Would you make more by selling the farm or keeping it
When the work was complete, Chuckrow paid Gough the original contract price but refutilized to pay him for the additional cost of reerecting the trusses.
One example is deciding which side of the road to drive on. It doesn't matter which side it is as long as everyone chooses the same side. Otherwise, everyone may get hurt.
Suppose that average household in a state consumes 800 gallons of gasoline per year. A 20-cent gasoline tax is introduced, coupled with a $160 annual tax rebate per household. Will household be better or worse off under new program.
decides not to play by the rules of the game. Then illustrate what could the final equilibrium position be.
What is the most that Jo should be willing to pay the consultant for the information.
Compute both Burton Cummings's explicit costs every month also his implicit costs every month. Compute the opportunity cost of the resources utilized by Burton Cummings each month.
Flora's Flowers operates in a perfectly competitive market. At the point where marginal cost equals marginal revenue.
What he didn't foresee was that number of T-shirt stores in South Padre would jump from roughly 10 to 40 within two years. Now he laments.
Converse Elucidate how you might go about evaluating the rate of return for the new equipment.
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