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Assume that the test scores from a college admissions test are Normally distributed, with a mean score of 450 and a standard deviation of 100. A certain college will automatically give a president's scholarship to any student who is in the top 5% of those taking the test. What score does a student need to get on this test to qualify for this scholarship?
She wants to pay off our $114,000 mortgage, but I'm not eager to do that because we refinanced only nine months ago, paying $3,000 in fees and costs." Briefly discuss what effect the $3,000 refinancing cost should have on this couple's investment ..
The demand for labor is said to be a "derived" demand. What is the meaning of a derived demand? How does this concept help to determine the demand for labor?
Why should a government be concerned with the pricing of products that a company transfers to an affiliate in another country? Please explain in terms of taxation and exchange rates.
Graph the market for movie tickets on three graphs. One for the total movie ticket demand, one for non-student demand, and one for student demand. Calculate the aggregate demand curve. Calculate the aggregate marginal revenue curve
Derive the demand function
The price of gasoline can vary considerably across states in the US. The US national average price per gallon last month was $3.55. Do you think that the price of gas in Miami is more or less expensive than the national average? A representative surv..
matter transmitter and trading city consider a region with two standardized products bread and shirts that
Insurance agents receive a commission on the policies they sell. Many states regulate the rates that can be charged for insurance. Would higher or lower rates increase the incomes of agents? Explain, distinguishing between the short run and the long ..
Assume you are an employee who has discovered some actions within your company that you believe are unethical. Write a 3- to 4-page memo to the CEO.
How would you determine which is the more acceptable path in situation - the company had been put on WTAC.
What prices are these businesses in your chosen industry charging? Try to get at least ten examples of businesses and the prices they are charging.
what happens to the AFC per paper, the MC per paper, and the minimum amount that you must charge to break even on these costs?
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