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Why it is important for sectors such as finance, banking, healthcare, insurance, educational institutions, travel and leisure, real estate, etc. to have mobile apps? What are ways that this use of mobile technology drives business results? Are there any sectors or types of business where the use of a mobile app might be a detriment to achieving business results?
Two firms, A and B, have complete control of the supply of mineral water and both have zero costs. The market (inverse) demand function is given by: P = 200 – 10Q, where Q = qA (output of seller A) + qB (output of seller B). Their best reply function..
Research the two major study designs–cohort and case-control–used in health care research. Find a research article on any topic in health care. Which study design has been used for research? What is your learning from the chosen article and its study..
A property developer has purchased half acre of land (2023.43m2), that costed him Aus. $1.1m. in Tarniet area (western Melbourne suburb). The developer has three different plans to take a decision which could fetch him the high rate of returns. To se..
According to our discussion in class, an Economic model of the decision of how fast to drive indicates an individual should choose the speed at which:
Will the profitability of the Japanese firm go up, down, or remain the same? Explain how you arrive at your answer.
a. What is your monthly payment? b. How much of your 20th payment is payment of principal?
In a small open economy, starting from a position of balanced trade, if the government increases domestic government purchases, this produces a tendency toward a trade deficit and negative net capital outflow.
The normal underlying level of unemployment in the economy is. If the minimum wage is set above the market-determined equilibrium rate, then. How would employment statistics be affected if we were to include people in military? Of the eight categorie..
Professor Smith's research assistant is hard at work again. This time the Professor has asked the assistant to begin some basic inferential analysis.
Explain the balance of payments and describe the relationship between trade in goods and services and international investment.
When the price of bubble gum is $0.50, the quantity demanded is 400 packs per day. When the price falls to $0.40, the quantity demanded increases to 600. Given this information and using the midpoint method, you know that the demand for bubble gum is..
A firm purchased some equipment at a very favorable price of $30,000. The equipment resulted in an annual net saving of $1000 per year during the 8 years it was used. At the end of 8 years, the equipment was sold for $40,000. Assuming interest at 8%,..
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