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How do you find the cumulative relative frequency on a frequency table?
A first mover is dominating a market, with revenues of $40 million annually. The average total cost of the firm is #02 million, of which $19 million is fixed. How can the first move keep others from entering the market?
Suppose the economy has a natural rate of unemployment of 6%. Suppose short-run output over the next 4 years is +1%, 0%, -1%, and -2%. According to Okun's law, what unemployment rates would we wxpect to see in this economy?
Suppose that Bill cares only about chai and bagels. Her utility function is U=CB, where C is the number of cups of chai she drinks in a day, and B is the number of bagels she eats in a day. Draw Bills in difference MAP. Set up Bills optimization prob..
Overall, as U.S. real GDP has grown since the last recession in 2008, the unemployment rate has come down from 10% to 5.1%. Nevertheless, throughout this macroeconomic expansion, the unemployment rate has occasionally increased, often during months w..
A bond has a face (par) value of $17,492; it will mature in 5 years. The bond coupon rate is 1.50%; there are 11 premium payments per year. If the bond is purchased for 96.99% of its face value and later sold at its face value, what is the bond yield..
questionfor a labor market in a city or region assume that wages under bad times is 100 and under good times is 150.
Consider a consumer who consumes two goods, x and y. He has Cobb-Douglasutility function given by U(x, y) = xy. Let the income of the consumer be 100.dollars. Price of x is $5 per unit and price of y is $10 per unit.MRS = y. What is the optimal consu..
What are the potential disadvantages of Prezi-style presentations?
Compare the current-rate method of currency translation with the temporal method. Describe a spot rate and a forward rate.
Reflect on a recent experience you have had as a customer. Was the customer service a good experience or a bad experience? Describe the experience. Explain your feelings. Now imagine that you are the manager of that department. As the manager, what w..
Assume that the price of housing in Corpus Christi is normally distributed. Based on our random sample of 23 houses we surveyed, we calculated that x = $299,756.2 with the standard deviation s = 107.11. If we know that the population mean, mu = 299,7..
HI5003 Economics for Business Assignment. Micro economics - Choose any industry and discuss the reforms done or needed in that industry. Demand and supply of a product of your choice and factors that affect the demand and supply sides of the market
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