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A committee of 4 has to be chosen from 12 representatives, of whom 8 are men and 4 are women. If selection is random what is the probability that:
a) The committee comprises all men?
b) The committee comprises 2 men and 2 women?
c) There is at least one woman on the committee?
Q. Draw a supply/demand diagram of the US Treasury bond market to illustrate the effects on it of the developments cited in part A. Label your diagram clearly.
Illustrate what is the effect of this policy on the interest rate in the long run.
Is the market for coffee perfectly competitive. Elucidate does the coffee market meet all six conditions of a perfectly competitive market.
According to the rule for optimal input usage, a film should hire a person as long as her marginal income product is greater than her marginal cost to the company.
Using a wholesale cost of $4 per case in each state, calculate the breakeven output quantities for each alternative.
Economics essay-a brief paper about six pages in length also concisely analyze a contemporary problem illustrating Monopoly, monopolistic competition also oligopoly in the marketplace.
I hereby offer you $5,001 if both you and my other creditor agree to cancel my debt. If either or both of you decline this offer, I will be legally in default and you will receive $5,000." So, what happens.
Discuss the equilibrium using graphs for the entire market and for an individual producer. Now suppose that textile producers in other countries are willing to sell large quantities of cloth in the United States for only $25 per unit.
Wal-Mart is often criticized for importing many of the goods they sell. Why do they buy goods from foreign markets.
What are the four factors which both expected and unexpected,perpetuate the business cycle.
A price floor reduces the amount of a product that consumers buy because it keeps the price above the competitive equilibrium of market.
Describe how each of these activities affects government households as well as businesses.
In which directions are they pushing or pulling the U.S. economy. Also, do you think the gap between real GDP and potential GDP will widen or narrow.
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