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The average price of cell phones manufactured by Ahmadi, Inc. is $98 with a standard deviation of $12. Furthermore, it is known that the prices of the cell phones manufactured by Ahmadi are normally distributed. d. If 7,218 of the Ahmadi cell phones were priced at least $119.00, how many cell phones were produced by Ahmadi, Inc.?
There are two identical firms in this economy with constant marginal costs equal to 1 and no fixed costs. Assume that firms set prices and follow a Bertrand model to do so.
assume that isoland has a closed economy. Isoland national investment is $50,000,000, its private saving is $60,000,000 and its taxes minus transfer payment equal $65,000,000. Explain how much are islonad's government purchases.
Does the nominal interest rate adjust more than one-for-one or less than one for one to expected inflation.
The senator is considering tax reform that would dramatically cut tax rates, leading to a supply function under the new tax policy Qs = 4.171P - 110. Illustrate how much money would a typical consumer save each month as a result of the proposed le..
Extend this comparison by choosing a different point on this period's PPF and discuss whether that combination leads to more or less growth over the next period.
Illustrate what is the GDP of George's and John's island in terms of clamshells.
Using a wholesale price of $4 per case in each state, calculate the breakeven output quantities for each alternative.
Is it reasonable from an economist's viewpoint to minimize the role of the government in accordance with Nozick's moral argument.
Briefly discuss the similarities and differences between producer equilibrium and consumer equilibrium.
BUS499(2011A) Final Exam: - Critically argue whether GDP is a good measure of economic well-being. You are required bring examples and academic references to support your answer.
How do I create a graph or formula that allows me to understand reach of FOF when my fan base is at different levels between 50,000 and 500,000.
This statistic elucidates how that government antimonopoly strategy has been applied more harshly to the textile industry than to the automobile business.
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