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1. Of all the weld failures in a certain assembly, 85% of them occur in the weld metal itself, and the remaining 15% occur in the base metal. A sample of 20 weld failures is examined.
a. What is the probability that exactly five of them are base metal failures?
b. What is the probability that fewer than four of them are base metal failures?
c. What is the probability that none of them are base metal failures?
d. Find the mean number of base metal failures.
e. Find the standard deviation of the number of base metal failures.
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What is the value of a preferred stock that pays a perpetual dividend of $215 at the end of each year when the interest rate is eight percent?
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The owners of the copper smelters to operate each smelter longer than has been the practice in the past affect the elasticity of demand for labour in the copper industry.
A man buys a car for $18,000 with no money down. He pays for the car in 30 equal monthly payments with interest at 12 percent per annum, compounded monthly, what is monthly loan payment?
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Given this is a monopoly with an expiring patent in 30 days, what price and quantity will result once the competition emerges in this market.
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Now suppose that the two firms have decided to merge to take advantage of economies of scale that will drive long-run average cost down to LAC = $50 per unit for the merged firm. With no other rivals, the merged firm will act as a monopolist. Dete..
Determine the Price Elasticity from the Characteristics and make up numbers to use. Be sure to identify this if you use this approach.
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