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The dean of business would like to estimate the porprtion of students who have access to a personal computer outside the school. a sample of 150 students revealed that 105 had access to a computer outside school. Compute and explain a90% confidence interval estimate of the porpotion of all students having access to a computed.
Which of the following is not one of the services the Fed provides to commercial banks? If the price of one good changes while other prices are held constant,
The marginal cost of production is $30. Which product should go to the retail market and which should go to the wholesale market? What are the corresponding retail and wholesale prices? What would happen if the sales are switched from the retail t..
Illustrate the price that consumers are willing and able to pay for this output is $40 per unit. Produces this output, the firm's average total cost is $43 per unit, and its average fixed cost is $8 per unit.
How do we fight a recession using Monetary Policy (Make sure to include the 4 tools of monetary policy and how we should use them.) and Fiscal Policy (Make sure to include all appropriate graphs and equations):
In order to maximize net benefits, the managerial control variable should be used up to the point where:
(Law of diminishing Marginal Utility) Some restaurants offer "all you can eat" meals. How is this practice related to diminishing marginal utility? What restrictions must the restaurant impose on the customer in order to make a profit?
Assuming that the MPS is 0.2, government spending is RM15 billion and there is no crowding out. a.) Assuming that MPS increases to 0.3 how much the government should increase expenditure to increase the aggregate demand by RM40 billion?
Is the concept of “serving the poor” really an attractive business opportunity? How does business leadership drive companies such as Nokia to pursue such an opportunity?
Protectionist trade policies are often enacted with the political intention of strengthening exports, and hence GDP. Examples of protectionist trade policies include quotas and import taxes. What is the impact of the protectionist trade policy on the..
These options also sell for $3 each. Strategy C is to establish a zero-cost collar by writing the January calls and buying the January puts.
Illustrate what is the source of IKEA's success today. Can you see any weaknesses in the company. What might it do to correct these.
Which of the following would shift a supply curve in a perfectly competitive market for a good? Which of the following would not occur in the short run if a binding price floor were raised in perfectly competitive market? What is price discrimination..
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