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The standard version of the game of poker is played with a deck of 52 different playing cards and a poker player is given 5 cards at random without replacement as a poker hand. The order in which the cards are chosen does not matter. Assume you are playing poker using a deck of cards that includes two Jokers, so that there actually 54 different playing cards. You are still given 5 cards at random without replacement. One Joker is Red and the other is Black, so they count as two unique cards. How many different poker hands are possible using this deck that includes the two Jokers? Do not put any commas or decimals in your answer.
A couple wants to save for their daughter’s college expense. The daughter will enter college 10 years from now and she will need $45,000, $46,000, $47,000 and $48,000 in actual dollars for 4 school years. Assume that these college payments will be ma..
Critically analyze the pros and cons of putting a price ceiling on prescription medicine. Make sure to use concepts from both chapters seen this unit such as government intervention, inefficiencies, price elasticity, etc. in your answer.
q1. clarify how do you find the changes in quantity demand changes in quantity supplied changes in demand as well as
What is the definition of Gross Domestic Product when it comes to Macroeconomics?
Illustrate what are the new long-run equilibrium values of these three variables.
Padre works for a trade magazine that publishes. lists of Power-Sizing Exponents (PSE) that reflect economies of scale for developing engineering estimates of various types of equipment. Padre has been unable to find any published data on the VMIC ma..
A decrease in the investment rate: Suppose a country enacts a tax policy that discourages investment, and the policy reduces the investment rate immediately and permanently from ¯ s to ¯ s0. Assuming the economy starts in its initial steady state, u..
Write down a utility function that represents Britney's preferences over dresses also hats.
The annual opperating cost of the new operating machine is $7,000. The company uses a 20% MARR. Calculate the annual equivalent total cost for each machine. Would you replace the old machine at this time?
Write an essay in which you Describe the different characteristics of for-profit and not-for-profit hospitals.
"If economic growth does not guarantee improvement in living standards, then GDP per capita may not be a meaningful measure of economic development
A cartel is branch of an oligopoly. There are still a handful of large firms and many smaller firms. For instance, the diamond industry and the petroleum
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