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The animal colony at a hospital contains 24 male rats and 30 female rats. Of the 30 females, 26 are white and 4 are spotted, Of the 24 males, 20 are white and 4 are spotted. Suppose that you randomly select one rat from the colony.
What is the probability as a proportion of obtaining a white male rat?
What changes to the economic foundation could be made in order to mitigate continuing poverty in many regions?
Suppose that Shelly's preferences for consumption and leisure can be expressed as u(c ,l)=(c-200)×(l-80). Calculate her utility, u0 , if she consumes c = $360 and enjoys l = 110 hours of leisure per week. Evaluate her marginal utilities of consumptio..
The Babylonians studied problems which lead to simultaneous linear equations and some of these are preserved in clay tablets which survive. For example a tablet dating from around 300 BC contains the following problem:
Assume that the required reserve ratio is 10 percent. If the public withdraws $100 million from their checking accounts and holds it as currency, what happens to the federal funds rate?
In the figure below, how many blocks of video (including the first block) will have arrived at the client in time for their playout? Explain how you arrived
Dialectic materialism refers to which of the following concepts?
The adoption of wireless technologies varies from one industry to another, and is often based on the benefits provided versus the challenges, implementation issues, and security issues associated with wireless technologies. Consider the wireless c..
A common complaint is that a new car will depreciate by 25% as soon as the new owner drives it off the lot.
Cash Flow to Creditors The 2014 balance sheet of Jordan’s Golf Shop, Inc., showed long-term debt of $1 .625 million, and the 2o15 balance sheet showed long-term debt of $1.73 million. The 2015 income statement showed an interest expense of $185.000. ..
What market structure is used to benchmark allocative efficiency and why do we use it?Illustrate and explain using a diagram.Why and how do monopolistically competitive firms fail to achieve allocative efficiency? Illustrate and explain using a diagr..
Examine the impact on a small country following an outward flow of immigrants that decreases its labor force. Assume that land is specific to agriculture and capital is specific to manufacturing, while labor is free to move between the two sectors. T..
Cars are lasting longer. The expected number of miles traveled over a vehicle's life has risen to 180,000 miles in 2001 from 128,000 in 1977. However, new car buyers tend to keep their cars about the same length of time before trading them in. Using ..
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