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Question: Suppose we used a random sample to determine the average income in the country. If we know the population standard deviation is 13,070, how large does our sample need to be to get a standard error of 27? Round your answer to the nearest integer.
How much would Wyandotte have to reduce the price of polyol to achieve a 15 percent increase in the quantity sold? Evaluate the impact of such a price cut on(i) total revenue, (ii)total costs, and (iii)total profits.
A company purchases a piece of manufacturing equipment for rental purposes.
Matt has an inverse demand function for current movie DVDs of P(Q) = 25-3Q. The supply of DVDs is given by P(Q) = 5+Q. Matt's maximum willingness to pay for one DVD is $115. The cost of producing DVD is $25. Find the consumers' and producer's surplus..
Engel curve for soccer tickets.
Find the equilibrium price, quantity and revenue in a market characterized and Find Betty's opportunity cost of a bottle of wine in terms of box(es) of chocolates.
Identify the basic forms of business organization in the Saudi Arabia and their respective strengths and weaknesses
Examine this data. What can you conclude about government savings given this data? Explain your answer. Examine this data. What can you conclude about capital inflows into this economy? Explain your answer
In class we have discussed unemployment. In this exercise, unemployment will be introduced explicitly into the model. Start with the production function:
the product to research for this assignment is called the davinci a robotic device surgeons use instead of manually
What are potential risks to the public and to stakeholders? Please explain how Saint Leo's core value of integrity is reflected in your answer.
Determine if the demand for the following products is price elastic or price inelastic, or explian how the necessity of a good and the availability of substitutes affect the price elasticity of demand.
Explain any assumptions made in implementing the models. Evaluation/Discussion of the value/price of the company.
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