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In discussion of business and society. Why is there a tendency to focus on large firms rather than small or medium-sized firms? Have the corporate ethics scandal of the past decade affected small- and medium-sized firm? If so, in what ways have these firms been affected?
in a random sample of 25 individuals, you find the average to be 44.473 movies with a sample variance of 81. what is the p value for a two tailed hypothesis test where the null is that the tru population value is 40 movies
There are too many fixed gear bikes in Hipsterland and city leaders are looking for ways to reduce the quantity. They are considering policies which would reduce the number of fixed gear bikes. The demand and supply curves for fixed gear bikes in H..
What does Gunder Frank provide as evidence of a Sino-centric world between 1500 and 1800 What was meant be the Columbian Exchange and how did this contribute to the Rise of the West
Brandt writes, "Literacy, like land, is a valued commodity in this economy, a key resource in gaining profit and edge" (169). In what ways does literacy relate to the economy
An economist has predicted that for the next 5 years inflation will be 8%, and then there will be 5 years at 6% inflation rate. This is equivalent to what average price change per year for the entire 10-year period
Suppose that elimination of tariffs on agricultural products means that 1,000 farm workers lose jobs that pay an average of $20,000 per year. At the same time, because of the imporation of relatively cheaper foreign vegetables.
Suppose the market demand function is given by: Q = 100 - 2P , where Q: total quantity, P: market price. And in this market there are two firms with MC=AV=$10. Find each of the following: 1. Perfect competition price, quantity, and consumer surplus
Mac Rowe doesn't sweat the petty stuff. In fact, he just cannot detect small differences. He consumes two goods, x and y. He prefers the bundle (x,y) to the bundle (x',y') if and only if (xy - x'y' > 1) . Otherwise he is indifferent between the tw..
Each month, an airline sells 1,500 business-class tickets from London to Paris at $200 a ticket, and 6,000 economy-class tickets at $80 a ticket. Use this information to estimate the price elasticities of demand of business travelers and tourists ..
Suppose there are five goods in the economy, A-E. The current-year quantity of each is 10A, 20B, 30C, 40D, and 50E. Current-year prices are $1 for each unit of A, $2 for each unit of B, $3 for each unit of C, $4 for each unit of D, and $5 for each..
Remembering that the change in the capital stock is investment less depreciation, use a calculator or a computer spreadsheet to show how the capital stock per worker will evolve over time in both countries. calculate income per worker and consumpti..
A retailer finds that the demand for a very popular board game averages 100 per week with a standard deviation of 20. If the seller wishes to have adequate stock 95% of the time, how many of the games must she keep on hand
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