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A raffle is being held at a school to raise money for the library. The organizers sell 20 tickets. They will select 3 winning tickets at random for prizes.
a) How many different combinations of 3 winning tickets can there be?
b) Suppose you hold 4 tickets. What is the probability that you will win exactly 2 out of the 3 prizes.
Illustrate what would happen to the profits CPI makes via their toothpaste division.
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As per the rule of optimal input usage, a firm should hire a person as long as her marginal revenue product is greater than her marginal cost to the company.
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discuss several ways in which greater educational opportunities for young women could lead to faster economic growth in these countries.
Oligopolies are always bad for society. The beer industry has a few large firms and many small firms; therefore we would not call it an oligopoly.
what are some things that Dalman and Lei need to know about or country and business group so that they can establish a good rapport before, during, and after discussing franchise details.
Elucidate the black market fbr lnternet access, comprising the implicit supply schedule. the legal price. the black market supply and clemand. and the highest feasible black market priee.
At Illustrate what level of output does AVC reach its minimum value. Illustrate what is minimum value of AVC at its minimum.
Illustrate what alternative decisions might you be able to make in the long run. Explain in 1 to 3 pages Clearly explain the factors of consider as your "Fixed Factor" and alternative short term and long term decisions.
Use indifference curves to distinguish between income and substitution effects, using the above techniques explain why the demand curve slope downwards, What are the main criteria for designing a tax system, To what extent do you think the national..
Illustrate what would happen to the firm revenue if it decided to charge a price above $354.
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