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Can you help me with the Bernoulli process and this question?
Assuming the probability of success in one trial is 80%, what will be the probability of obtaining 10 successes out of 15 trials?
A firm pays a wage of $40 per hour to 25 unskilled workers, $60 to semi-skilled workers, and $80 to 10 skilled workers. Find the weighted average wage paid by the firm.
Donald is a civil engineer with an annual salary of $98,000. He has dividends and interest of $7500 for the year. Total exemptions and deductions are $10,500. Calculate federal income taxes as a person filing single.
Suppose the demand and supply of chickens is given by: Graph the demand and supply curves and determine the equilibrium price and quantity. Suppose a quota of 4000 chickens in imposed. What will be the new equilibrium price? What is the loss to consu..
For a repayment schedule that starts at EOY three at $Z and proceeds for years 3 through 8 at $2Z, $3Z,..., what is the value of Z if the principal of this loan is $10,200 and the interest rate is 9% per year? Use a uniform gradient amount (G) in you..
Suppose the U.S. government imposed a tariff on steel imports.
Give examples of goods or services you buy in which your preferences are well described by “love of variety” and some examples where your preferences are well described by “ideal varieties” Contrast the assumptions about firms within an industry: the..
Class, what are some other important barriers to entry? What are more examples of oligopolies? What do we mean by industry concentration?
Many people believe that we never will create eternal life here on earth, but there are many more people who believe that taxation can be eliminated. Are you one of those people? Discuss some ideas of possibly financing the government without taxatio..
Explain the difference between monochronic and polychronic cultures. Then, give example of how each culture would differ its response to two business situations
Suppose a firm’s total cost curve can be represented as TC = 15Q2 +8Q + 45 and that marginal cost can be represented by 30Q + 8. What is this firm’s total fixed cost? Find the output level that minimizes average total cost.
A monopoly or oligopoly showing no economic profit or loss has
Last week, a disk on a Windows Server 2012 system that contained CSM Tech Publishing's current project manuscripts crashed.
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