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If a nation desires to have stable prices (or low inflation), why not simply pass a law that prohibits firms from changing prices? Explain the pros and cons associated with this case.
What is the numerical value of the "average" of the sampling distribution and what is the numerical value of the "average error" for each data point in the sampling distribution
If 50 applicants are chosen at random, what is the probability that 17 or more of them will meet the GPA threshold? (Note: You’ll want to use your answer from part a. If you’re not sure about this answer (and even if you are), be very clear about yo..
in each of the following situations determine the direction and size of the change in total output and income that
Suppose you decide to elicit high CEO effort when and if good luck occurs by paying the bonus for $1 billion outcomes only. what criticism can you see with this incentive contract plan.
Externalities are third party consequence of some other action. They can be positive or negative externalities and they impose a benefit or cost to a third party.
Glen spends at least 40 hours a week at his place of business. If he closed the company, he could work for his competitor earning $50,000 a year. He also owns the building the company operates in and could rent it out for $12,000 a year if he closed ..
gliberaces fashion accessories of las vegas produces gem-stone encrusted formal wear for sale in los angeles and san
1. in a year weather can inflict storm damage to a home. from year to year the damage is random. let y be the dollar
in a country output is produced with labor and physical capital. the production function in per-worker terms is y k12.
What does Munger mean by the phrase "the price does the leading"? 3. Munger suggests several challenges that arise from the habit of anthropomorphizing the market. These help to explain people's apparent preference for central planning. What three..
a tell me why you selected the appropriate exponential smoothing method by commenting on your y data
A pure monopolist determines that at the current level of output the marginal cost of production is $2, average variable costs are $2.75, and average total costs are $2.95
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