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1. Gallup has surveyed a number of people in texas and hawaii and estimated stress levels as the sample proportion who say they are "stressed". Suppose the margin of error (based on 95% confidence interval) for the estimate in Texas is 3%. the margin of error for the difference between the sample proportion is 7%. Find the margin of error for the estimate in hawaii.
The state of Glottamora has $100 million remaining in its budget for the current year. One alternative is to give Glottamorans a one-time tax rebate. Alternatively, two proposals have been made for state expenditures of these funds.
A company uses two inputs to produce a final good. If the price of one of the inputs raise and price of the other remains the same
Many social scientists say that poorer Third World countries should reject "models based on economic laws" of universal validity. According to them, there are no universal laws.
fast food chains like mcdonalds burger king dominos pizza and cafe coffee day operate all over india . therefore the
Is the "long run" the same calendar time for all firms? Explain. You want to estimate the cost of materials used to produce a particular product.
Merriwell Company has a virtual monopoly in ultra high speed computer market. Merriwell has recently introduced a new computer that will be used through satellite installations around the world.
Calculate the total cost of driving to Boston and back. Under these conditions, will you drive or fly? What if you value your time at $20, rather than $15, per hour?
From the first e-Activity, speculate how the monopolist could be more efficient in the long-run considering new competition has entered the marketplace
Assume that everything except cigarette prices remained the same. Calculate the arc price elasticity among teens between these price points.
1. Why do banks hold a range of assets of varying degrees of liquidity and profitability?
Describe algebraically the inverse demand curve faced by the firm in this instance. Provide a graph that is consistent with your answer. Based on this graph, explain why this is called the kinked demand model.
Write an equation for the total revenue (TR) function in terms of Q, specify the marginal revenue function and write an equation for the total cost (TC) function in terms of Q
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