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1. A production process fils containers by weight. Weights of containers are approximately normally distributed. Historically, the standard deviation of weights is 5.5 ounces. (This standard deviation is therefore known.) How large a sample would be required in order for the 99% confidence interval to have a length of 2 ounces?
How would you addresss the graft and corruption in your respective school?
What a makes Sally indifferent between the two plans? As the sales manager, which plan do you select? Give an explanation that shows why this plan is optimal.
Calculate a total cost function of transport services as a function of volume of production. How you can derive now the average cost and marginal cost of production?
Given the total cost function C=q3+5q2-12q-75 write out a variable cost (VC) function . Find the derivative of the variable cost function, and interpret the economic meaning of that derivative.
1.Summaries the relative benefits to consumers of
Pepsi manufactures Fritos and Lays potato chips in addition to its basic soft drink products. Discuss and explain potential ways that this business combination might increase value.
You are given the following information on long run cost function, Compute the long run average cost and marginal cost.
1. What enables banks safely to engage in both maturity transformation and risk transformation?
The company currently uses seventy workers to produce 300 units of output per day. The daily wage is $100, and the price of the company's output is $30.
1.Why might efforts to address the issue of global warming be hampered by a lack of understanding of probability amongst the general public?
If a manager that takes over a furniture factory and realizes immediately that it was throwing away at least $100,000 a year worth of wood scrap
Stella Ann Freeman is having a difficult time deciding whether or not to purchase a new car. How would understanding the concept of opportunity costs help her make a decision?
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