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After watching the video clip from Forrest Gump, consider that Forrest's good luck of "being in the right place at the right time" allowed him to operate as a monopoly. Typically, the fishing industry is a highly competitive industry where economic profits are rarely made in the long run. However, in a twist of fate, Forrest's boat is the lone survivor after a hurricane washes ashore and destroys all the other shrimp boats.
Consider the barriers to entry facing potential competitors in Forrest's monopoly market. The more contestable a market, the closer it will be to a perfectly competitive market, whereas the less contestable a market, the closer it will be to a monopoly.
What barriers to entry exist in other industries that allow certain firms to operate as a monopoly? Are these barriers contestable?
1) If Sterling Corp's next dividend of preferred stock is $15 per share and is expected to grow by 3% per year, what must be the discount rate on preferred shares if shares are currently selling for $50 per preferred share? 2) If the annual return..
Design a greedy algorithm using pseudocode that solves this optimization problem of transferring files to disk while minimizing unused storage. The inputs to this algorithm are the number of files n, corresponding sizes (in MBs) s1, ... sn, m the n..
Normal goods have positive income elasticities, while inferior goods have negative income elasticities.
The system will be used primarily for remote client access. You need to prepare a report for the client that explains the implications of providing this functionality in terms of firewall configuration. Your report must address the protocols and p..
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Estimate the likelihood of samples falling within one, two, or three standard deviations of the mean given a normal distribution caused by random factors
What is the "triggering event" in this case? How would you describe the "mythology" of the origin story at Airbnb?
So far we have been concerned with measuring performance of classifiers. I.e. systems which forecasts nominal variables. Describe about systems which make numeric predictions?
What is the binary number which represents a decimal 4 and If a digital system has 5 inputs, how many possible input combinations are there?
Tripwire does not provide a wildcard mechanism suitable for saying, "all files in the directory /usr/spool/lpd beginning with cf or df." Suggest a modification of the tripwire configuration file that would allow this.
Assume object x has two simple variables and one table with two columns. What is the identifier for each variable and each column of the table? We assume that simple variables come before the table.
Write a program. After reading the specifications below, write the pseudo code in the comments before writing the code. The program should ask the user what would they like to do: convert a Fahrenheit temperature to Celsius (F = 9/5 C + 32) or con..
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