Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
The demand for MICHTEC's products is related to the state of the economy. If the economy is expanding next year (an above-normal growth in GNP), the company expects sales to be $90 million. If there is a recession next year (a decline in GNP), sales are expected to be $75 million. If next year is normal (a moderate growth in GNP), sales are expected to be $85 million. MICHTEC's economists have estimated the chances that the economy will be either expanding, normal, or in a recession next year at 0.2, 0.5, and 0.3, respectively.
a. Compute expected annual sales.
b. Compute the standard deviation of annual sales.
c. Compute the coefficient of variation of annual sales
Why are points on the aggregate expenditures schedule below the 45-degree line not sustainable?
Compute the average number of nodes E[N ] as a function of radius R, 1 ≤ R ≤ 20, required for the network to be fully connected. The average E[N ] should be computed based on 100 samples of the random node placement within the region.
Given the CES utility function: U(X,Y)=((X^d)/d)+((Y^d)/d)) a. Show that the first-order conditions for a constrained utility maximum with this function require individuals to choose goods in the proportion: X/Y=(Px/Py)^1/(d-1)
Graph the relationship between output and labor, holding capital constant at its current value. Find the MPN for an increase of labor from 100 to 110. Compare this result with the MPN for an increase in labor from 110 to 120. Does the marginal pro..
1. What was the growth rate of nominal GDP between 1999 and 2009 2. What was the growth rate of the GDP deflator from 1999 to 2009 3. What was real GDP in 1999 measured in 2005 prices
Would a tax per mile driven be fairer than a tax per gallon of gasoline? Which tax would be more regressive? Explain your answers
She has three credit cards with the following loan balances and APRs: Card 1, $4,500, 21%; Card 2, $5,700, 24%; and Card 3, $3,200, 18%. Interest compounds monthly on all loan balances. A credit card loan consolidation company has captured Mary's ..
Calculate the equilibrium price and quantitiy in the chocolate market. How much does a firm of each type produce Calculate the consumer and producer surplus What is the producer surplus for an individual firm of each type
Think about the idea of success and failure: How doesAntigone examine what determines failure and success. What about Marx? Can one control one's "fate", if so, to what extent, if not, why?
Proponents of the program have said that $400 million will be given directly to taxpayers and argue that this will have an economic effect that is greater than the original $400 million spent because of the multiplier effect. Many voters and taxpa..
The motel will cost $1,000,000 to build. Simplify depreciation to be calculated as straight line over 30 years. It will be financed with a 30 year loan at 8% interest compounded annually with annual payments. It will be sold at the end of year 15 for..
Can we draw any conclusions regarding the limits of the public sector from the European experience? Do you think the same limits would apply to the United States?
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd