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Air as an ideal gas with k = 1.4 enters a converging- diverging channel at a Mach number of 1.2. A normal shock stands at the inlet to the channel. Downstream of the shock the flow is isentropic; the Mach number is unity at the throat; and the air exits at 100 lbf/in.2 , 540 °R, with negligible velocity. If the mass flow rate is 100 lb/s, determine the inlet and throat areas, in ft2 .
The Alpine Bagel Co. is evaluating pricing for Bagels in it's outlet in the student commons. Their in-house consulting team estimated that the daily demand for Bagels in the area to be the following Q = -15P + 10Ps - 20Pc +16I
Once you have posted your assignment, read and respond to at least one other student's posting. Provide feedback to the student on how he/she addressed each of the areas.
Derive the expected value and variance of each estimator. Compare the properties of these estimators in terms of unbiasedness, efficiency, and consistency
Then compute the average utility associated with each game, given the utility values that are associated with each dollar outcome.
consider the production function flk l k.a. suppose k is fixed at 2. find algebraic expressions for the total product
Estimate the regression equation of wage on educ. Write down formally the regression equation with standard errors underneath within parenthesis.
Suppose a firm's inverse demand curve is given by P=120 - .5Q, and its cost equation is C = 420 + 60 Q + Q^2. a)Find the firm's optimal quantity, price, and profit (1) by using the profit and marginal profit equations and (2) by setting MR equal to..
According to the neo-classical theory of wage setting, discrimination should be gradually weeded out of the labour market. Explain why this should be the case according to that theory. Discrimination, however, seems to endure.
Analyze the effect of the following two policies: first, a subsidy to research; second, a patent policy, in which each patent expires at the rate ι > 0. Explain why the effects of these policies on economic growth are different than their effects ..
Characterize the equilibrium path of this economy, and show that as α → 1, the equilibrium path approaches that of the baseline AK economy. Interpret this result.
Unit Sales Price Personal Advertising Selling Expenses 132 $74 $1,140 203 74 1,400 217 55 1,160 255 53 1,210 252 64 1,490 239 70 1,460 152 75 1,200 197 58 1,020 230 65 1,390 154 61 1,040 As a first step in the analysis, the company ran simple regr..
Suppose a randome experiment can be represented by 2 sets of events ,Aiand Bj ,with each pair of sub events (A1andA2,andB1,andB2) being mutually exclusive and collectively exhaustive. Find the conditional probabilities
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