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Heights of 20 years old Heights of 20 years old men vary approximately according to a Normal distribution with Mean u = 176.9cm and standard deviation = 7.1cm.
1-What percentage of US men are at least 6 feet tall? (sex feet=183cm)
2-Heights of 20 year old women vary approximately according to a normal distribution with Mean u=163.3cm and standard deviation= 6.5cm.
3-What percentage US women are at least 6 feet tall? -Why does a 6 foot tall woman appear unusually tall while a 6 foot tall men is barely out of the ordinary?
The Taylor Mountain Uranium Corporation currently has yearly cash revenues of $1,200,000 and yearly cash expenses of $700,000.
1.There exists a view that the UK is too small an economy to benefit from competition in many industries, with firms failing to reach minimum efficient scale.
Define a normal profit and an economic profit. Are normal profits being earned in this example? Are economic profits present for this firm in this example?
Which is the fastest? What, if any, are the downsides of selecting any of the three for Internet service (such as additional equipment purchases)?
1.Do behavioral theories of the firm allow us to make any predictions about firms prices and output?
Electric power was out in houses for days. The demand for power generators increased dramatically. Define marginal revenue. Explain why marginal revenue is less than price when demand curves slope downward.
Draw a graph representing the Rochester ice market after the storm and label it care- fully. What is the new equilibrium price? What is the quantity?
List some factors that could cause an increase in the credit items of the balance of payments and a decrease in the debit items. 1.What would be the effect on the exchange rate (assuming that it is freely floating)? 2.What effect would these exchange..
using a spreadsheet like the following entering formulas for the total revenue and consumers surplus and given the
What is your expected pretax economic profit from your proposed agency? Complete the following table using your understanding of the relationship among the various costs.
On January 1, 20 x 1, Wilk Corp. had 480,000 shares of common stock outstanding. During 20 x 1, it had the following transactions that affected the common stock account.
Define three types of elasticity of demand. Indicate how you would use information from recent research paid by your company that the own price elasticity of your product is -1.2 and not -0.8 as previously thought.
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