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The following is a list of hospitals in the Cincinnati (Ohio) and Northern Kentucky Region. Also included is whether the hospital is a general medical/surgical hospital (M/S) or a specialty hospital (S). We are interested in estimating the average number of full- and part-time nurses employed in the area hospitals. a. A sample of five hospitals is to be randomly selected. The random numbers are 09, 16, 00, 49, 54, 12, and 04. Which hospitals are included in the sample? b. Use a table of random numbers to develop your own sample of five hospitals. c. A sample is to consist of every fifth location. We select 02 as the starting point. Which hospitals will be included in the sample?
At the end of the year, a firm produced 12,000 laptop computers. Its total costs were $6 million, and its fixed costs were $3 million.
q1. why cant money have the same value and look in every country?create a flow chart or table that describes the
suppose a consumer prefers a sandwich with 2 slices of bread and 2 slices of ham. Assume that price per slice of bread is .10 and per Ham is .25. The consumers budget for lunch is 3.50. Write the budget constraint and show a few indifference curves.
The automobile market has been used as an example of a Stackelberg oligopoly where one firm is the industry leader and the other firms will follow that lead. Assume the following equations were estimated for the automobile industry. Calculate the pro..
A machine tool , which has been used in a plant for 10 years, is being considered for replacement. It cost $10,000 and was depreciated by MACRS depreciation using a 5-year recovery period. An equipment dealer indicates that the machine has no resale ..
High and unexpected inflation has a greater cost. If a bank uses $500 of excess reserves to make a new loan when the reserve ratio is 8 percent, this action by itself initially makes the money supply.
What amount will be required to purchase, on an engineer’s 40th birthday, an annuity to provide him with 30 equal semiannual payments of $1,000 each, the first to be received on his 50th birthday, if nominal interest is 4% compounded semiannually?
What is the latest and greatest news regarding OPEC and oil prices?
The short-run aggregate supply (SAS) curve slopes upward because households spend more as their incomes increase. The long-run aggregate supply curve can never shift.
Consider a simplified model of preventive care. Suppose that there is only one disease, flu, which can be eliminated by taking a flu shot, with a cost of $110. The probability of getting flu is 0.2. Calculate the variance and associated risk premium...
Identify the exclusionary pricing practices and why and when they are prohibited by the Competition Act. What are the economics rationale and efficiency effect of these strategies?
An adiitional feature is that the computer shop will give her 500 for her old computer on a trade in. What is the equivilent annual cost for keeping her computer? What is the equivilent annual cost for swithcing to the new system?
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