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The speed in which the home page of a website is downloaded is an important quality characteristic of that website. Suppose that the mean time to download the home page of the Internal Revenue Service is 1.2 seconds. Suppose that the download time is normally distributed, with a standard deviation of 0.2 seconds. What is the probability that a download time is less than 2 seconds?
What levels of G and T are needed to both move to full employment at Yf and balance the budget? Now assume economy is operating at full employment and that the budget is balanced. Suppose that the government imposes an income tax with a marginal t..
one reason for rising interest rates was the prospect of a refinancing issu; a $12 billion issue matures April 1 , and the governmoent is expected to seek some new money ,in excess of its refinancing needs. why dosent the government get the center..
Find the welfare-maximizing access price. How does it compare to the marginal cost of access? Explain your result! Why might this result not generalize? What cost is missing?
The short run should produce versus shut down if the total revenue that it can generate is sufficient - Suppose that a monopolist finds itself to be operating at a break-even point - A profit-maximizing monopolist that sells all units of its output ..
Does the Just in time( JIT) method enable companies to be successful with meeting customer requirements or does it cause supply chain delays What is the impact of component shortages when utilizing JIT
Why have rules for monetary policy based on money growth
Provide a conventional description of the data, including averages and SDs for the two variables, the correlation coefficient, and a scatter diagram.
problem 1. bob and bette rhymes with jetty each have cobb-douglas preferences for cheese c and peanut butter p each of
A pharmaceutical firm has a monopoly on a new class of vasodilator. The market demand is given by P=240-0.01*Q, and thus MR=240-0.02*Q. The monopolist's marginal cost is constant and equal to 20. Calculate the profit-maximizing price.
If the demand for money becomes more insensitive to changes in the interest rate, equilibrium in the money sector will have to be restored mostly through changes in income. This implies a flat LM-curve.” Comment on this statement.
Assuming that the merger faces some threats and that the industry decides on self-expansion as an alternative strategy, describe the additional complexities that would arise under this new scenario of expansion via capital projects.
How do you choose between log-linear model and log-log model? How about linear log-linear? And how about linear-log and log-log? Why? How do you interpret coefficients of a A) log-Linear B) log-log c) linear-log model?
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