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The Cincinnati Enquirer, in its Sunday business supplement, reported that the mean number of hours worked per week by those employed full time is 43.9. The article fur- ther indicated that about one-third of those employed full time work less than 40 hours per week. a. Given this information and assuming that number of hours worked follows the nor- mal distribution, what is the standard deviation of the number of hours worked? b. The article also indicated that 20% of those working full time work more than 49 hours per week. Determine the standard deviation with this information. Are the two esti- mates of the standard deviation similar? What would you conclude?
Is the output produced sufficient to cover the factors of production when production is under: i) constant returns to scale (CRTS), ii) increasing returns to scale (IRTS) and iii) decreasing returns to scale (DRTS)?
q.ceo of the cola king bottling company is hero nakamura it is a small regional producer operating in the pacific
Review the case on loss of personal information and be able to make conclusions based on your findings on the VA case and loss of private information.
Suppose that the price ceiling of $6 is imposed on this market. If the highest willingness to pay consumers are allocated the cups, what is the deadweight loss?
What are the four factors which both expected and unexpected,perpetuate the business cycle.
"Explain what the last stage in the CPS (Creative Problem Solving) Process (Control) means to you and how it ties back in to Stage 1 (Environmental Analysis).
what is the average product of capital and labor? what is the cost minimization choice of capital and labor if the firm decides to produce 144 units of output?
List and explain the six properties of idea money.
Consider the AD/AS model built from the IS/LM, with an upward sloping SRAS. The economy was operating at full employment, but it is suddenly hit by unfavorable weather conditions, which increases the expected price level and shifts the SRAS to the le..
Which of the following types of economic regulation is most likely to encourage firms to engage in cost cutting? In monopolistic competition, firms compete on the basis of. Which of the following statements is FALSE concerning monopolistic competiti..
Describe the importance of recursive functions in procedural programming approach.
Why is personalization becoming an important element in EC? What techniques can be to learn about consumer behavior? How can it be used to facilitate customer service? Give an example
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