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A couple plans to have 4 children.
List the different outcomes according to the gender of each child. Assume that these outcomes are equally likely.
a. How many events are possible?b. Find the probability of getting exactly 2 girls.c. Find the probability of getting exactly 2 children of each gender.
A perfectly competitive company has the following fixed and variable costs in short run. The market price for the company's product is $150.
What will happen to a company's target marketing and positioning efforts if markets are incorrectly or not effectively/insightfully segmented?
Calculate the price elasticity of demand for Newtons Donuts and describe what it means. Describe your answer and show your calculations.
Discuss how AutoMart Repair Shop might look if it reorganized around the process of fixing an automobile. Discuss the pluses and minuses of the current structure compared to the more product- oriented structure.
Arnold sells the shares in 2007 for $165 per share. How do these transactions affect AMTI in 2004, 2006, and 2007?
Alexander Machine Tool faces the demand curve P = $70 - 0.001Q. What price and quantity maximize total revenue? What is the price elasticity at this point?
A decrease in the supply of random access memory (RAM) chips for personal computers causes a shortage of RAM chips.
What other factors beside price might be included in this equations ? Do you foresee any difficulties in obtaining thees additional data or in cooperating them in the regression analysis?
Calculate the arc elasticity of demand. Is the demand elastic or inelastic over this region? What happened to total revenue?
India by explaining how they are doing in terms of social, political and economic development and how each theory would explain why they are where they are.
Briefly describe the five models of behavior presented in this chapter. What are the implications of these models for managers attempting to influence their employees' behavior?
Explain how financial crowding out can reduce the effectiveness of fiscal policy. What determines the magnitude of crowding out?
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