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In the process of designing aircraft seats, it was found that men have hip breadths with a mean of 36.6cm and a standard deviation of 2.5in. Consider the values of hip breadths of men that are unusual. What are the z scored that separate the unusual hip breaths from the usual? What are the minimum and maximum unusual hip breadths?
. What do you think of Coca-Cola's environmental initiatives? Are they just window dressing , or does the company seem to be sincere in its efforts?
The market demand equation for pizza is Qd=75-2P+0.5*Psubs+0.1*WAGE. Rewrite the demand equation to show that pizzas are a normal good for wages up to $10, but inferior for all wages higher than $10 while keep P and Psubs coefficients remain the same..
Diseconomies of scale exist whenever long-run average costs:
A small city in Indiana has two residents, who are lucky enough to have a municipal golf course in their city. The marginal benefit of playing a round of golf for the first resident is given by MB1=70-5Q1, and the marginal benefit of playing golf for..
while a decrease in price of pizzas rotates it rightward. How can we possibly speak systematically about people's preferences.
Are there specific differences between the short-run and medium-run implications of the increase in interest rate targets? Use the appropriate graphs (IS-LM and AS-AD) to illustrate your points. If relevant, include the liquidity trap in your analysi..
Calculate real GDP in each year, and the percentage increase in real GDP from year 1 to year 2 using year 1 as the base year. Next, do the same calculations using the chain-weighting method.
Why does government mandate individuals to purchase their own insurance in some cases such as automobile liability insurance but directly provide insurance to people in or situations such as health insurance.
If the labor force of 155 million people is growing by 1.2 percent per year, how many new jobs have to be created each month to keep unemployment from increasing? Instructions: Enter your response as a whole number. New jobs per month:
competitive equilibrium, monopolists profit maximizing price and level of output, why are monopolies illegal from an economic point of view
Can an IT system (client/server or web based) exist without a persistent data repository? If so how, and are there any caveats with this approach? If not why not- what are the reasons that make this difficult/impossible)?
Illustrate what are the different types of inflation. Elucidate why is it important to know which type of inflation we may be experiencing.
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