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The average and standard deviation of the amount of Goods and Services tax remitted by performance artists in a twelve month period were $7.76 thousand and $2.171 thousand respectively. If a sample of 87 artists was chosen, find the sample average value above which only 5% of sample averages would lie. Give your answer in dollars (to the nearest dollar).
Describe some of the characteristics of a well-designed storyboard. Predict the impact that a poorly developed storyboard could have on a Website.
Your product fails about 2% of the time, on average. Some customers purchase the extended warranty you offer in which you will replace the product if it fails. Would you want to price the extended warranty at 2% of the product price? Discuss both mor..
Assume the following demand and supply functions: Calculate equilibrium price and quantify. Now assume that a seller declares 20% sale on the market equilibrium price. What will happen?
You will explain monetary policies as they relate to the business environment. What is the effect of the extended period of low interest rates in the US economy on: (a) banks taking deposits, (b) individuals saving for retirement, (c) cities and town..
A company offers $2.5 million for the rights to a patent. If the patent can bring in $500,000 in royalties over the next six years, should the offer be taken? Assume an interest rate of 6% per year.
What must she/he expect to happen to short term interest rates over the coming year.
Jim borrows $52000 from a local bank at an APR of 7.2% compounded monthly. His monthly patents are $52000(A/P, 0.6%, 54) = $1128 for a 54 month loan. If Jim makes an extra payment on the first month of each year, his repayment duration for the loan w..
Explain the concept of comparative advantage and the principle theories of why trade occurs and analyze and discuss the sources of comparative advantage in national economies.
Discuss how the work is a reflection of the ancient culture that created it. Also, did anything particularly surprise or impress you about the work of art or the ancient people who created it?
Discuss why black Monday, the day when the djia declined more than 20% is not evidence against the efficient market hypothesis. What issues do critics cite when discussing why sarbanes-oxley has let to a decline in USA capital markets?
Because there isn't one single measure of inflation, the government and researchers use a variety of methods to get the most balanced picture of how prices fluctuate in the economy. Two of the most commonly used price indexes are the consumer price i..
What would happen in a monopolistically competitive market if a Pigouvian tax were imposed to correct for an external diseconomy like carbon emissions?
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