Michael connelly has written two best-selling novels in

Assignment Help Microeconomics
Reference no: EM13451775

Michael Connelly has written two best-selling novels in the past year: Chasing the Dime, and City of Bones. Amazon.com has found that 4% of total purchasers of books ordered Chasing the Dime and 6% City of Bones. Given that they ordered Chasing the Dime, 60% also ordered City of Bones.

a) What percentage ordered both novels?

b) What percentage ordered neither book?

c) Given that a customer did not buy Chasing the Dime, what percentage nonetheless did order City of Bones?

Reference no: EM13451775

Questions Cloud

Apply the core marketing concepts and marketing orientation : write an eight to ten 8-10 page in which you1.evaluate the reasons social media marketing has become exceedingly
Liberty corp was set up to take large risks and is willing : liberty corp. was set up to take large risks and is willing to take the greatest risk possible. benson co. is more
It costs lannon fields 14 of variable costs and 6 of : it costs lannon fields 14 of variable costs and 6 of allocated fixed costs to produce an industrial trash can that
List 1 possible solution to solve the marketing : bulldefine 1 marketing problem of your company.bulllist 1 possible solution to solve the marketing problem.bullanalyze
Michael connelly has written two best-selling novels in : michael connelly has written two best-selling novels in the past year chasing the dime and city of bones. amazon.com
From the information below compute the average annual : 1.from the information below compute the average annual return the variance standard deviation and coefficient of
A company is deciding whether or not to replace some old : a company is deciding whether or not to replace some old equipment with new equipment. which of the following is not
Recognize key stakeholders of the project explain how they : as you brainstorm the project you begin to think about selecting the members of your team and the expertise that will
The manager of sensible essentials conducted an excellent : the manager of sensible essentials conducted an excellent seminar explaining debt and equity financing and how firms

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd