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Generalizing on the notion of a cut-set, we define a k-way cut-set in an undirected graph as a set of edges whose removal breaks the graph into k or more connected components. Show that the randomized contraction algorithm can be modified to find a minimum k-way cut-set in n^O(k) time.
Consider ergonomic hazards associated with the operation of pneumatic impact wrenches in a vehicle maintenance facility.
Explain how unlimited desires and limited resources combine to create the need for economic analysis
Suppose the government has imposed a price ceiling on sliced sandwich bread. Which of the following events could transform the price ceiling from one that is binding to one that is not binding?
Has Poland put together a strategy on sustainable development that addresses specifically the challenges you mentioned as well as to meet EU targets?
Mel runs a business that sells earrings over the internet. Every year, she buys one computer for $1000, which is used exclusively for this business, and which has no resale value at the end of the year. A set of earrings costs her $6, including the c..
Lotteries and expected utility. An expected utility maximizing decision maker declares that he prefers a lottery that pays $5 and $10 with equal probability to a lottery that pays $10 with probability 3 4 , and $0 with probability 1 4 . Which would t..
1. Explain why resources of the island need to support more people than just the native population. 2. Identify and explain TWO examples of scarce resources mentioned above.
Leena spent $100 per month on pens (X) and CDs (Y) at the Enron company store. Pens cost $2, and CDs cost $5. In July 2015, Leena purchased 15 pens and 14 CDs. Her utilometer readings at the end of the month showed that the marginal utility of the la..
The cost of repairing the valve now is $10,000; and of replacing it is $20,000. If the criterion is to minimize expected costs, which alternative is best?
Describe a particular market transaction or activity that, in your opinion, creates an external cost or benefit. What action, if any, do you believe should be taken by the government in this case?
Matt was the agency manager at Bobs Insurance's Los Angeles office. He was employed as an at-will employee, and his contract did not specify any fixed duration of guaranteed employment.
What is the role of the federal reserve? When and why does the federal reserve increase and decrease interest rates?
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