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The heights of a certain population of corn plants follow a normal distribution with mean 145 cm and standard deviation 22 cm.16 What percentage of the plant heights are
(a) 100 cm or more?(b) 120 cm or less?(c) between 120 and 150 cm?(d) between 100 and 120 cm?(e) between 150 and 180 cm?(f) 180 cm or more?(g) 150 cm or less?
If the tax on a good is increased from $0.15 per unit to $0.60 per unit, the deadweight loss from the tax
Take the averages of each of the estimated β coef?cients and relate them to the true val- ues of these coef?cients given above. What overall conclusion do you draw?
XYZ Corporation faces a horizontal demand curve and the market price is given to be $15. Compute the shutdown price of operations for Corporation XYZ.
The production function
Calculate the following probabilities using the standard normal distribution. Sketch the probability distribution in each table case, shading in the area of the calculated probability.
Cultural determinants about this country would be most important to you as you reach a decision about whether or not to do business in this country.
A firm contemplating replacing a computer (D) it purchased three years ago for 6,000. In two year it will have a salvage value of 800. Operating maintenance costs have been 1,000 per year.
What output should be produced? What will be the price? How much profit is made? If the firm can change plant size and move into the long run, what will be output and price?
What motivated the producers of those individual products to make them and offer them for sale How did the producers decide on the best combinations of resources to use Who made those resources available and why
give the definitions for marginal rate of substitution mrs and the price ratio. then explain them in your own words
Are there different ethical risks an entrepreneur faces if entering a market in a developed country as compared to a market in an undeveloped country?
What changes happen to the commercial bank's balance sheet?
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