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A researcher wishes to estimate the mean number of hours per week that children in the 10 to 12 year age range spend viewing television. How large a sample should be selected so that the estimate is within 0.25 hours of the population mean with 80% confidence? Assume the population standard deviation may be estimates as σ= 2 hours.
Would the following events usually lead to capital deepening, or not? Explain briefly.
Draw the market supply and demand curves. If due to an external factor (give an example), the new supply equation turns out to be Qs=40+3P
Explicate the difference between balanced growth strategy and unbalanced growth strategy.
For each of the following utility functions, calculate (or figure out) the MRS and sketch out an indifference curve for U=4, plotting at least 2 points on each curve, and explain whether the preferences violate the diminishing MRS or convexity of ind..
You suspect that a power supply is faulty, but you use a power supply tester to measure its voltage output and find it to be acceptable. Why is it still possible that the power supply may be faulty?
Give some examples where Sentiment Analysis techniques are being used
Suppose that production of very cool cars in Denmark (a small open economy) increases exports in Denmark. How does this event affect the Danish NX curve, the Danish real exchange rate, the Danish nominal exchange rate (the Danish kroner to be more pr..
Research suggest that the relatively higher rate of growth of output per capita in rich countries between 1985 and 2009 was the result of which of the following?
What is the most that you are willing to pay for a cup? Is it worth to pay more? Do you have any consumer surplus on this consumption?
List and explain two conditions necessary for firms to be able to successfully practice price discrimination.
A market is characterized by a demand curve that can be expressed as P = 3000 – 10 Q. Each of the two identical firms currently serving the market has a total cost function of the form C = 250 q. find the profits for each of the firms when one of the..
The supply curve shows the number of cars that firms produce and sell as a function of the price that consumers pay.
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