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Sales of the first Quality Mini Buses were as follows: 250 yellow, 150, green, and 100 blue. Assume the relative frequency method is used to assign probabilities for color choice and the color of each car sold is independent of that of any other car sold.
What is the probability that the next bus sold will be yellow or green?
Show how the IS curve and the LM curve can be shifted to get an increase in output without a change in interest rates. What kind of mix of monetary and fiscal policy is needed to do this? Will a reduction in interest rates, while holding output const..
Suppose the price of a DVD is $7. What is the profit-maximizing quantity of DVDs that John should produce? What will his total profit be?
Wal-Mart charges $20 for the new Ghostbusters DVD and sells 400 copies per month. Then they reduce their price to $18, and sell 500 per month. Assuming a linear demand curve, find the optimal price to charge if the goal is to maximize revenue.
The Johnson Company pays $2000 a month to a trucker to haul wastepaper and cardboard to the city dump. The material could be recycled
q1. a. why does an exporter face a foreign exchange risk? how can the exporter hedge its foreign exchange risk?b. what
Should Al refinance the loan, assuming that he will keep the house for the next 15 years? Use an annual cash flow analysis in working this problem.
The Biltmore Equipment Co. just issued 250,000 zero coupon bonds. These bonds mature in 30 years, have a par value of $1,000, and have a yield to maturity of 7.25 percent. What is the approximate total amount of money the company raised from issuing ..
The marginal value schedule for Moe and the marginal cost schedule for Larry for apples are shown below. Find a single price that all mutually preferred trades can occur. What are the gains from trade?
What are the four tenets of natural capitalism. Please explain and tell us which one is in your opinion the most crucial. Discuss ecological footprinting, what does it mean and what are its implications for a given society.
Latin America has a wealth of regional trade agreements. Look into Chile’s recent agreement with China and analyze their likely effects on exports and imports. What products are most likely to be involved in expanded Chilean–Chinese trade?
Which one of the following basic findings about for-profits is not true? Below is the list of the most important risks an investor must evaluate when projecting an HMO’s profitability. Which option does not belong to this list? Agency problems would ..
During the beginning of the 21st century, the growth in desktop computer sales declined for the first time in almost two decades. As a result, PC makers dramatically reduced their orders of computer chips from Intel and other vendors. Explain why com..
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