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1. A certain compact disc player randomly plays each of 10 songs on a CD. Once a song is played, it is not repeated until all the songs on the CD have been played. In how many different ways can the CD player play the 10 songs?
2. A license plate is designed so that the first two characters are letters and the last four characters are digits (0 through 9). How many different license plates can be formed assuming that letters and numbers can be used more than once?
3. A family has eight children. If this family has exactly three boys, how many different birth and gender orders are possible?
4. A golf-course architect has four linden trees, five white birch trees, and two bald cypress trees to plant in a row along a fairway. In how many ways can the landscaper plant the trees in a row, assuming that the trees are evenly spaced?
Time savings to users are worth $35K per year, and neighborhood disruption is a disband fit of $10K per year. Is this project attractive?
Explain fully and then illustrate your argument using the two-country large-open economy model of the goods market.
Why would the government bypass the free market in times of war? Is government rationing a better idea than rationing by price? Give reasons. How does government rationing affect the allocation of resources? Explain.
Explain the difference between a person's nominal income and their real income. Why is real income more important to that person.
President Obama signed the Economic Stimulus Package in February 2009. Discuss the reasons for implementation lag in this example.
In 2016, a nation's population was 10 million, its real GDP was $1.21 billion, and its GDP deflator had a value of 121. By 2017, its population had increased to 12 million, its real GDP had risen to $1.5 billion, and its GDP deflator had a value of 1..
Suppose that they are negotiating with two non-drowsy allergy drugs, Claritin and Allegra, for inclusion on the formulary. The "value" or "surplus" created by including one non-drowsy allergy drug on the formulary is $100, but the value of the second..
A rolled model product company purchased a machine for ram clambering large I- beam. The company expects to bend 95 beam at $2000 per beam in each of the first year, after which company expects to bend 125 beams per year through 9 years. If the compa..
What factors in technological segment can have significant impact on U.S. restaurant industry? How does each of these factors shape the growth and changes of the industry? What are the future trend of each factor and the resulting changes of the indu..
Finding the required interest rate Your parents will retire in 15 years. They currently have $270,000, and they think they will need $850,000 at retirement. What annual interest rate must they earn to reach their goal, assuming they don't save any ad..
Discuss the pros and cons of monopoly structures. Cite the forces that influence the supply of labor. Explain why the labor demand curve slopes down word
You purchase 27 call option contracts with a strike price of $145 and a premium of $3.65. Assume the stock price at expiration is $157.40. What is your dollar profit? What if the stock price is $143.35? What is the dollar return?
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