User Account

All Pages

Describe the salaries of the residents

Assignment Help Business Economics
Reference no: EM133575331

Question: In a city of 5000 residents, the US Census Bureau provides that, the median income of the city is $100, 000. Explain the logic behind using the median, and not the mode or the mean to describe the salaries of the residents

Reference no: EM133575331

Questions Cloud

What is the maximum price they should pay : what is a fair price. inform consumers what is the maximum price they should pay. ensure that transactions take place at a fair price.
Research the tools currently available : Research the tools currently available and select one for each category. Present scenario in which it used and your case for why this tool is appropriate choice
Summarize the goal of reducing the tax liability : Summarize the goal of reducing the tax liability. Consider the following in your response: Identify the tax effect of implementing the incentive Consider
Develop new technologies that permit us to produce more : Develop new technologies that permit us to produce more guns and less butter. Use unemployed resources to produce more guns and less butter. Move land, labor
Describe the salaries of the residents : the median income of the city is $100, 000. Explain the logic behind using the median, and not the mode or the mean to describe the salaries of the residents
What are the value creation and value capture mechanisms : What are the value creation and value capture mechanisms that Amazon uses in its business model? How consistent are these with its value proposition?
Explain the benefits of free trade : Explain the benefits of free trade. You must summarize the readings of the week; you must provide real life examples and explain them using the theory.
What fiscal policy has been used during previous : What fiscal policy has been used during previous recessionary periods? How does the fiscal policy during the COVID-19 recession differ from normal recessions?
Define criteria for evaluating how you make decisions : What you need to develop within yourself to be an effective leader. Define criteria for evaluating how you make decisions. How do those decisions affect others?

Reviews

Write a Review

Business Economics Questions & Answers

  Determine the optimal quantities and price in each period

Consider a durable good monopolist whose product is usable for only 2 periods. However, each consumer can benefit from the product only for one period. The quality of the product does not diminish over time and thus those who bought the product in pe..

  Portfolio risk and return

Portfolio Risk and Return. Suppose that the S&P 500, with a beta of 1.0, has an expected return of 13% and T-bills provide a risk-free return of 4%. How would you construct a portfolio from these two assets with an expected return of 8%? Specially wh..

  Negative externality leads to market inefficiency

Using supply and demand diagram, demonstrate how a negative externality leads to market inefficiency. How might the government help to eliminate inefficiency?

  What are externalities

What are externalities? Make sure to give examples. How externalities can be corrected?

  Distinguish between the concept of economies of scale

Distinguish between the concept of economies of scale and economies of scope with real world example in case of mergers and acquisition.

  Did interest rates increase or decrease-transaction costs

Boyd Company sold a futures contract (one) on Treasury bonds that specified a price of 93-00. When the position was closed out, the price of the Treasury bond futures contract was 94-20. Did interest rates increase or decrease? How do you know? What ..

  Website migration project

Tony's Chips has recently been sold to a new independent company. The new company has hired you to manage a project that will move the old Website.

  Government spending since only loans are involved

Proponents argue that the government guarantees loans to students do not result in an increase in government spending since only "loans" are involved.

  Faced with business competition on a global scale

Chevron Corporation is one of the largest integrated oil companies in the world. Its management is assessing the world marketplace and taking steps to sustain the company’s competitive position. Faced with business competition on a global scale, Chev..

  Recapitalize enough to avoid bankruptcy by selling new shar

Is it in the interest of Wells' shareholders to recapitalize enough to avoid bankruptcy by selling new shares worth $0.1 Trillion? Explain.

  What is the optimal value of a

A decision maker must decide how much of his wealth to invest in a risk-free asset and a risky asset. The consumer has utility-for-money function u(x) = -x-2 .

  Screen out the low-productivity employees

A firm faces two kinds of employees, those able to sell 10 units/year, and those able to sell 5 units/year.

Free Assignment Quote

Assured A++ Grade

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd