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In May in Huntsville, the high temperature exceeded 80°F on 20 days. It rained on 8 days when the high temperature was over 80°F. If we choose any day in May, the probability that it rained on that day is independent of the probability that the high temperature was over 80°F.
Therefore, how many days did it rain in May?
Elucidate, with the aid of demand and supply curves, the impact of increased crime on the demand for private security services. On your diagram, show the changes in the equillibrium price and quantity.
The Venezuelan bolivar has been steadily depreciating against the US dollar, but the government wishes to stop the depreciation. What must the Banco Central de Venezuela do to stabilize the exchange rate? Is there a limit to how much it can intervene..
A risk-neutral individual would:
What are the most likely reasons why so many U.S. firms offer subsidized private health insurance plans to their employees and the employees’ family members? What are most important advantages and disadvantages (for social efficiency) of having so ma..
Price higher in monopoly market. Bigger quantity in perfect competition. How can a firm gain by reducing competition.
Would company benefit by advertising in this perfectly competitive market. What would happen to price of toothpaste, would it rise or fall. What would happen to profits company makers.
You are considering expanding your product line that currently consists of skateboards to include gas-powered skateboards, and you feel you can sell 9,000 of these per year for 10 years. What are the annual free cash flows associated with this projec..
Why would you sell these items through retail stores, or would you try direct marketing.
Suppose in the United States, one worker can produce 10 tons of steel per day or 20 tons of chemicals per day. In the United Kingdom, one worker can produce 5 tons of steel per day or 15 tons of chemicals per day. The United States has 30 workers and..
What is the amount of six equal annual deposits that can provide ten annual withdrawals, where a first withdrawal of $8987 is made at the end of year seven and subsequent withdrawals increase at $1777 over the previous year, at an interest rate of 5%..
Elucidate causes lags in effect of monetary and fiscal policy on aggregate demand. what are the implications of these lags for the debate over active versus passive policy.
q1. mention three businesses that you are familiar with or that you have dealt with recently. choose on which market
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