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A school newspaper reporter decides to randomly survey 15 students to see if they will attend Tet (Vietnamese New Year) festivities this year. Based on past years, she knows that 18% of students attend Tet festivities. We are interested in the number of students who will attend the festivities.
What is a market niche, and how does it apply to Taza's business model? What types of companies compete with Taza? What role has technology played in Taza's success? Describe the entrepreneurial profile. In what ways does Larry Slotnick display these..
why would china want its own currency to be undervalued relative to the u.s. dollar? how does china maintain an
How must federal, state, and local public health agencies balance the cost of serving the people with the cost of ensuring there are appropriate and effective emergency preparedness programs in place? Who should pay and why?
Developing countries and continuing high levels of consumption of natural resources by developed countries.
Discuss the importance of laws and the requirements to amend them regularly. Cite examples from the perspective of Oman and explain with evidence the importance, advantages and disadvantages of the commercial agreements between Sultanate of Oman and..
A manufacturing firm is trying to decide if it should purchase an automated assembly line. The firm currently has employees completing the assembly portion of its production process. The workers are very efficient; Should the company use the automate..
We have following data on Portugal. year 1960 2010 GDP (billions 2005 US$) 23.109 218.569 Population (millions) 8.107 10.676 Labor (millions) 3.393 4.909 Capital (billions 2005 US $) 55.221 888.273 The average annual growth rate of GDP is . The avera..
The cost of building a new high speed railway system is reported to be high at 25 billion. Does it necessarily follow that the high speed railway is not worth building?
Explain this result in terms of the example in the question above. How might things change if the border were open, with no restrictions on immigration?
When the wage rate rose from $6.25 per hour to $6.75 per hour, employment in Fast food, Inc. fell from 5,100 to 4,900. What is the price elasticity of demand for labor?
What if the monopolist charged P= $5.50 for the first 3 units of the commodity and P= $4 for the next 3 units What type of price discriminiation is this?
Both Thorstein Veblen on the one hand and Daniel Kahneman and Amos Tversky on the other challenged standard neoclassical notions of rationality. Explain the similarities and differences between institutional economics(Veblen) and Behavioral Economics..
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