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A softball pitcher has a 0.626 probability of throwing a strike for each curve ball pitch.If the softball pitcher throws 30 curve balls what is the probability that no more than 16 of them are strikes?
Which process line should be built for a new chemical
What are the different types of variables? Please explain in detail? What types of relationships affects the variables? Elaborate with an example for each type.
Governments sometimes try to change government spending or taxes to affect real output and the price level. If the government wants to use either government spending or taxes paid by households to increase aggregate demand, how should G change and ho..
Determine point price elasticity of demand at P= $3.00. Illustrate what would be new point price elasticity if price were raised to P= $4.50.
What proportion of the sample mean will fall at or above a mean of 102.56? Round the answers to no more than 2 decimal places
We are tasked with trying to find the probability of the second aircraft finding the submarine during the gap or lapse of time between aircraft 1 leaving
Suppose that consumption expenditures, investment expenditures, and government purchases are 75 billion, 25 billion and 20 billion, respectively. How large should the GDP be so that the net export is zero?
Economists assume that firms seek to
Compare the ranking of U.S. GDP (purchasing power parity) to that of other countries by visiting the CIA’s World Factbook. After reading the article U.S.A comes up a bit short in global Better Life Index and comparing the relative ranking of U.S. GDP..
Suppose that a tariff is imposed on imports of minivans. Show graphically what the effect is in terms of price and quantity of imports. Be sure that your graph is completely and correctly labeled. What determines how much of the tariff is paid by the..
What is the relationship between a firm's total revenue, profit, and total cost and define economies of scale and explain why they might arise. Define diseconomies of scale and explain why they might arise.
What do you think of an idea of comparative advantage as a basis of international division of labor?
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