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In random sampling, why is cluster sampling an example of probability sampling?
An example of a period cost is a(n):
Net revenues will begin at $300,000 for the first 2 years and then decline at $50,000 per year. Super Tool will terminate sales when net revenues decline
A firm pays a wage of $40 per hour to 25 unskilled workers, $60 to semi-skilled workers, and $80 to 10 skilled workers. Find the weighted average wage paid by the firm.
You currently pay $10,000 per year in rent to a landlord for a $100,000 house, which you are considering purchasing. You can qualify for a loan of $80,000 at 9% if you put $20,000 down on the house. To raise money for the down payment, you would have..
How do the political, economic, and legal enviroments of a country affect international trade? What factors make a country favorable for doing business? What changes have occured in the political economy of most of the world's nation-states since the..
Summarize Madison’s central arguments in Federalist Paper 10 and Federalist Paper 51. Summarize Henry’s central arguments in his speech against ratification of the Constitution. What do these excerpts reveal about each man’s assumptions about human n..
Under which of the following circumstances will the seller pay the whole of a per-unit tax? when the supply curve is vertical. when the demand curve is vertical. when the tax is collected from the buyer. when the tax is imposed on the buyer.
Your car gets 9.5L/100 km at 90 km per hour (kph) and 11.5 L/100 km at 110 kph. At what speed should you make an 800 km trip: a.) If gas cost $0.90 per litre and your time is worth $18/hour? b.) If gas costs $1.00 per litre and your time is worth $12..
1) When a nation imports a good, its ________ surplus decreases and its ________ surplus increases.
The level, or degree, of a company's market power is directly related to the principle of barriers into the market. Barriers are defined as any structural
A number macroeconomic variables decline during recessions. One of these variables is the GDP. Empirical studies indicate that the long-run trend in real GDP of the USA has an upward trend. How is this possible given business cycles and macroeconomic..
Suppose people in our overlapping generations model have the opportunity either to hold fiat money with complete safety or to lend someone
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