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A random variable X is normally distributed with the mean 3. The probability that the X is greater than 4 is 0.12 less than the probability that X is between 3 and 4. Find the probability that X is greater than 2.
What is the shortest number of days spent that would put a patient in the top 30% of waiting times?
Suppose the airline industry consists of two firms, A and B. These two firms engage in Cournot competition with each other over a certain route for which inverse demand is P(Q) = 1000 − Q with Q = qA + qB. Solve for the Cournot equilibrium price.
Does Zara experience disadvantages from its "fast-fashion" allocation system. Are these disadvantages offset by the advantages.
Compute point elasticities at prices of 5 and 9. Is the demand curve elastic or inelastic at these points.
The Lorenz curve is criticized for all of the following EXCEPT
Elucidate how would a gradual increase in the percentage of fathers who stay home to care for young children while their wives continue working ultimately alter the male-female wage gap.
Which of the following accurately brings out the distinction between small business and larger firms? A(n) _____ is a precise statement of the rationale for a business and a step-by-step explanation of how it will achieve its goals. Which of the foll..
Which of the following is included in the calculation of GDP? The purchase of a new edition of a foreign textbook that was produced in a different nation. The purchase of ink and paper supplies by a textbook company for the production of new textbook..
The marginal cost of production is $1.40 to firm 1 and $3.20 to firm 2. The transportation cost is $1 per mile. What is the Nash equilibrium price charged by firm 1? What is the Nash equilibrium price charged by firm 2?
Draw the industry supply and demand curves. Describe and graph what happens to the industry curves in response to the existence of economic profits. Show what happens to quantity and price
In economic terms, when the wage rate increases we sometimes see the number of hours worked by individuals decrease now.
How high can the price of the stock go before you get a margin call if the maintenance margin is 30% of the value of the short position?
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