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According to Zimmels (1983), the sizes of particles used in sedimentation experiments often have a uniform distribution. In sedimentation involving mixtures of particles of various sizes, the larger particles hinder the movements of the smaller ones. Thus, it is important to study both the mean and the variance of particle sizes. Suppose that spherical particles have diameters that are uniformly distributed between .01 and .05 centimeters. Find the mean and variance of the volumes of these particles. (Recall that the volume of a sphere is (4/3)πr3)
Write an expression for the marginal product of capital for this production function. Do not calculate a numerical value for this, but provide a general equation for MPK.
According to Okun's law, what unemployment rates would we expect to see in this economy? b. Consider another economy in which the unemployment rate over the next three years is 6%, 7%, and then 4%. According to Okun's Law, what are the levels of s..
What tool of monetary policy will the Federal Reserve use to increase the federal funds rate from 1% to 1.25% - The U.S. has limits on Chinese textile imports
Which of the following is true about profit maximization for a perfectly competitive firm A)Firms continue to increase prices to gain higher profits B)A firm maximizes profit differently in the short run and the long run C)Firms can lower prices to g..
When the unemployment rate is high, we would expect that:
If the multiplier had a value of 4 in 1929, how large must the change in autonomous expenditure have been to have caused the decline in real GDP between 1929 and 1933 shown in the table on page 763? If the multiplier had a value of 2, how large mu..
analyze the effects of each of the following on national saving investment and the real interest rate. explain your
Using budget lines and indifference curves, prove to your colleague that he is wrong - decompose the change in price into two components: pure substitution effect, and income effect.
Diminishing marginal utility explains a lot about consumer behavior in the economy. Select a specific consumer behavior and construct a "mini case study" that highlights the workings of marginal utility and how it affects the consumption pattern.
explain several dimensions of the shareholder-principal conflict with manageragents known as the principal-agent
Article- How will refugees affect European economies? Summarize the main points of the discussion and Prepare a position on this summary; that is, do you agree or disagree with the findings of the authors
what conditions exist when economic profits are maximized? what is the difference between economic and accounting
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