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The weights of the bookbags for middle school students were normally distributed with a mean of 29 pounds and a standard deviation of 3.7 pounds. If you randomly select a bookbag for a middle school student, what is the probability it weights more than 33 pounds.
Fred has a utility function U=10P^.5 and also has an investment opportunity that will pay 25 with probability .4 and 100 with probability .6. what is the certainty equivalent of this opportunity?
AFDC has been accused of breaking up families because A. It raised standards of living enough that members could afford to move out. B. Eligibility depended on the absence of a potential breadwinner. C. By splitting into two households, a family almo..
What are are externalities? Differentiate between negative and positive externalities? In your answer, provide an example of each and explain why they are negative or positive externalities.
q1. q10000-1000p0.05pop0.610.3awhere q is quantity p is cost pop is population i is disposable income per capita and
The republic of Oakland is recovering from a financial crisis that resulted in a fall is the GDP growth rate and widespread unemployment. The prime minister has set up a crisis Recovery taskforce to discuss measure that will receive the economy. Whic..
The purpose of this assessment is to help you analyze the factors that lead to fluctuations in oil prices. Assessment Description: Use a credible source to research oil prices. Based on your research, answer the following questions: Why is the price ..
Students apparently consume mass quantities of the performance enhancing drug adderall during exam time. Normally, the price is $3 for 10 mg, but it rises during exam week to at least $5. Suppose that word gets around to the drug dealers that the equ..
Your organization is in the process of replacing its two Windows 2003 servers with two Windows 2012 R2 servers.
Is the current Monetary Policy expansionary or contractionary? Give your reasons for your answer. What effects does the Federal Reserve expect this policy to have on the U.S. economy?
Does this production function have constant returns to scale? Explain. Now suppose the country has the following production function:
How consumers make choices? How do wages affect labor supply?
Clarify why might the Homo sapiens production possibilities curve have shifted outward to right much more rapidly than persons of Neanderthals.
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