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The weekly earnings of students in one age group are normally distributed with a standard deviation of 39 dollars. A researcher wishes to estimate the mean weekly earnings of students in this age group. Find the sample size needed to assure with 98 percent confidence that the sample mean will not differ from the population mean by more than 2 dollars.
Suppose the government sets a controlled price below the market clearing price for a commodity. Draw a diagram and use the idea of a maximum buying price to explain whether the total price paid by the buyers will end up lower or higher than before.
How much oil conservation (from switching to smaller cars, carpooling, etc.) will a $0.50 per gallon tax on gasoline achieve? Are taxes on wealthy citizens of the United States too high?
In a 7 to 10 page PowerPoint presentation, describe the characteristics of each of the four stages of growth a business organization might experience.
The state of California recently considered passing a tax on doctors for their services in that state in order to raise revenue to pay for universal health coverage for California residents. Which curve on the supply and demand graph would shift? Wha..
Illustrate what would the peso-dollar exchange rate be if purchasing-power parity holds. Explain how can the organization use technology to change this balance for an advantage.
Graph the demand curve, and give some verbal interpretation. Compute the intercept and slope of the demand curve. Use the calculus formula to calculate the point elasticity at the price of $4.00. Give a verbal interpretation of this elasticity. Is th..
What probability of discovery would make the driller indifferent between drilling and not drilling and what is the expected value of perfect information on reserves?
answer both question 1 and 2question 1consider an investor who has the von neumann-morgenstern utility
Briefly list and describe each of the four types of unemployment. Which type of unemployment may be detrimental the formation of agglomeration economies and why?
Nozick criticizes Rawls by showing that Rawls’ account of rights is based on a ___________ that fails to fit the realities of life as we actually live it. (a) time-slice theory, (b) communitarian theory, (c) socialistic theory, (d) all of the precedi..
If one site does not have that many issues you can identify, then please select a second page in order to meet the assignment requirements.
Workers make the supply decisions in labor markets, but firms (represented by hiring managers) make the demand decisions. Will firms want to hire more workers or fewer workers when the wage rate rises? What are some techniques employers can use to ..
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