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What is the critical nature of formulating evidence-based crime and justice policy? What are some examples of such policies that have proven successful?
A firm that has the long-run cost curves shown in the graph above would be able to do or have the following, except:
The demand function for a good is Q=1200-P while the supply functions is Q=-200+P. World price is $400 and the domestic production subsidy is $200.
With a Swedish Kroner, the likelihood of getting Heads when it is spun on edge is 0.2. If X is the random variable where X(H)=1, X(T) = -1, find the expected value E(X), the variance Var(X), and express X in its standard form. Consider two fair dice,..
Firm A has overhead of $1,000 a year and can produce 1,000 units at a cost of $1 per unit and units beyond that at a cost of $3 per unit. Firm B has no overhead and can produce any number of units at a cost of $2 per unit. Firm A has 3,000 customers,..
What are the types of diversity are present in the workforce? What are the impacts of globalization, multiculturalism, and a diverse workforce?
What if you were placed in charge of a correctional institution that has been plagued by a high turnover rate and an undereducated staff?
An 8-year-bond with a face value of $10,000 offers an annual return of 3.5%.If there is no coupon payment, what is the current price of that bond?Suppose the firm decides to offer the same bond but with a coupon of $20 per year (paid at the end of ea..
In the Insurance Industry, What is EXCESS OF LOSS?
Write short notes with pictures on five (5) Cargo handling Equipment use at the Sea port/Harbour.
If the price elasticity of demand for used cars priced between $4,000 and $6,000 is -1.2 (using the mid-point method), what will be the percent change in quantity demanded when the price of a used car falls from $6,000 to $4,000?
Explain the main differences between demand-pull inflation and cost-push inflation. Analyze the differences between cost-push inflation and built-in inflation. Does the official unemployment rate understate the “true” degree of unemployment in the Un..
A drug company has a monopoly on a new class of eye drops. The market demand is given by P=200-0.03*Q, and thus MR=200-0.06*Q. The monopolist's marginal cost is constant and equal to 20. Calculate the profit-maximizing price.
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