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Write code to compare a user-entered string with "bird" and print "Found a bird! Spring has sprung." when the strings match and print "The bird has flown." when they don't. Use If-Else branching statements.
A firm makes and sells a computer for $1000. The variable cost to produce a computer, for the range of production of the firm, is $3000 per unit. The total fixed costs per year to make the computer are $4.0 million. How many computers must be made an..
What is interested and why do we have it? Explain why taking interest rate down to zero, i.e., no interest rate, may stoke inflation, and hence, removing the purchasing power of money and ruining the economy down the road.
If goods A and B are substitutes in consumption, a decrease in the price of good B will _________. If goods A and B are substitutes in production, a decrease in the price of good B will _________. If goods A and Z are complements in consumption, an i..
Zura Kazhiloti sold jewelry bearing the luxury brand names “Cartier” and “Van Cleef & Arpels” to jewelry stores. The retailers then sold the jewelry through their brick and mortar stores, through websites, and through the Internet auction site eBay. ..
Herbert spends all $50 of his pay check on food and shelter which each cost $5 per unit. What is the equation of his budget line?
Consider an Indian bicycle manufacturer which sources only domestic materials and sells exclusively in India. The manufacturer has no foreign-currency receivables or payable in its accounting book. Should this purely domestic manufacturer worry about..
Suppose that the demand for federal funds curve is such that the quantity of funds demanded changes by $120 billion for each 1 percent change in the federal funds interest rate. Assuming no change in demand, will the Fed need to increase or decrease ..
What is the sampling distribution of p ? for this study? What is the probability that the sample proportion p?
Cigarettes currently sell for $10 a pack. Suppose the government imposes both a $4 sales tax and a $7 excise subsidy on cigarettes. Use a graph to demonstrate that the new price must be somewhere between $3 and $6 a pack.
Suppose there are two groups, a high price group and a low price group. Assume the monopoly has no fixed costs such that operating with a loss corresponds to operating where revenue is less than variable production costs. Also assume that if the mono..
Cold beer is sold by roving vendors at Safeco Field, home of the Seattle Mariners. The only competition to this service is beer that can be bought at the kiosks around the stadium. Determine the demand curve for beer sold by the vendors, with Q expre..
The payoff to a company that enters is its gross profit minus its entry cost, while the payoff to a company that does not enter is 60. Find a symmetric Nash equilibrium in mixed strategies.
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