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The probability an HP network server is down is .05. If you have three independent servers, what is the probability that at least one of them is operational?
In March 2007 it was announced that several restaurants in the greater San Francisco area would no longer provide bottled water to their patrons to save.
On your diagram show the consumer surplus before and after the price subsidy as well as the deadweight loss resulting from the price subsidy.
Select two subjects from the following list of topics and write a 1,050-word analysis:
Suppose Mike’s utility consists of consuming two ordinary goods: Hotdogs (normal good) and beer (inferior good). Quantity and price for hotdogs and beer are Xh, Xb, Ph and Pb and his income is I. Draw Mike’s indifference curve, budget line and show t..
The short-run production function of ACME Widgets Inc. is given by q = 40(2L − 8)^(3/4, where q is the number of Widgets ACME produces in a month, and ` is ACME’s monthly labor input, measured in $1000’s. Find ACME’s labor-elasticity of output as a f..
If the financial plan is believed to be extremely accurate, then the amount of financing would be
When a chef creates a dinner plate of food for a customer, which of the following represents the physical capital resource?
Explain why the intergenerational correlation of earnings would likely become higher or lower for the following policy changes in the united states:
Explain the marginal productivity equalization test and discuss the role of the total factor productivity (the parameter A in the production function) to solve the seeming puzzle presented in the data. How big are these productivity cross-country ..
An investor estimates that investing €5 million in a particular venture capital project can return $40 million at the end of five years if it succeeds; however, she realizes that the project may fail at any time between now and the end of the fifth y..
Degrees of price and wage flexibility play an important role in macroeconomics. Explain why. Economic performance and standards of living in the FRG and GDR prior to reunification.( Please type it) How do you forecast the value of the U.S. dollar dur..
Assume in economy is in recession with a MPC of 0.75 and there is a GDP gap of $100 billion. How much must government spending increase to eliminate the gap? Instead of increasing government spending by the amount that you calculated what would be..
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