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Diastolic blood pressure is normally distributed with a mean of 80 mm Hg and a standard deviation of 12. Based on the empirical rule how would you classify someone whose diastolic blood pressure is above 116?
Sarah owns a custom t-shirt business in Madison. The quantity of t-shirts that her company can produce (q) depends on the amount of capital (K) and labor (L) that she employs. What is the Breakeven Price for Sarah? This is the price at which she ma..
After Henry ford invented the assembly line for producing automobiles, other automobile companies copied his invention. The new technology rise the economies of scale in automobile producing.
Discuss the contributions to the "human side of enterprise" as articulated by Elton Mayo, Chester Barnard, Abraham Maslow, and Douglas McGregor. How does this organizational theory school of thought differ from the classical and neoclassical schoo..
The second modelassumes that owners of these assets wish to earn the highestpossible returns, and it indicates that the market prices of theseassets provide an indication of the percentage of votes that eachcandidate will actually receive on the d..
Describe the inflation trend based on inflation rate. Define inflation and describe the typical causes of inflation. Research and identify the cause(s) of inflation in the chosen economy. Research and explain Government's measures to achieve stable p..
Construct the normal form of this game assuming consumers move simultaneously and choose between two strategies - what is the firm's profit-maximizing price? Explain.
Assume you were appointed economic adviser to a less developed country in Africa. The country seeks to encourage capital formation and wants to raise the rate of saving of its own residents and encourage foreigners to invest in their country.
you are the owner of a small bread factory and are thinking of lowering costs and expanding. your small-business
a new production technology for making vitamins is invented by a college professor who decides not to patent it. thus
explain why the cost structure associated with many kinds of information goods and services might imply a market
Suppose the price that year rose by 8% and the real rate of return in the stock market was 4%. Your friend says she or he was being more than fair giving you more than the rate of inflation as a return, What do you think and Why?
Consider a representative agent economy in which agents live for two periods. The agents earn 30 units of commodities when s/he is young and 0 units when s/he is old. There is no production in the economy and the real interest rate is %10 percent.
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