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Access to mobile phone has re-shaped the financial services and commerce, especially during COVID-19 pandemic. The society are adapting to conduct transaction through mobile phone because there are many reasons why people like to use smartphone for shopping. Please explain those reasons and give the examples in your daily life.
a. Construct a 95% confidence interval to estimate the average beer consumption per cruise.
A firm faces the demand function Qd = 60− (½)P and the cost function C = 11Q2 +5. What is the optimal quantity that a price-taking (and profit maximizing) firm should supply? What is the profit when quantity produced is optimal? Construct a graph sho..
Explain why it is your top choice. In particular, what root of the glass ceiling would this policy be addressing and why would it be effective.
Consider the infinite repetition of the n-firm Bertrand game. Find the set of discount factors Delta for which full collusion (i.e. monopoly pricing) can
Joe Showoff bought a Mercedes when he came to Tech as an engineering student (so that his feet would not get cold on the way to those early morning classes). The Mercedes was purchased by making a loan that was to be paid off in 20 equal, quarterly p..
Could you please help me to illustrate the causes and effects of a speculative attack? (Assuming a fixed exchange rate system)
Determine the range of prices for which the firm incurs a loss but continues to produce. Also determine the range of prices for which the firm earns a profit.
Normalized data model- this is what you would have after resolving M:N's of your ERD. You would not need to normalize the existing
One bag of flour is sold for $1.00 to a bakery, which uses the flour to bake bread that is sold for $3.00 to consumers. Taking these three transactions into account, what is the effect on GDP? A steel company sells some steel to a bicycle company for..
Explain a way that your family interactsin factor market and a way that it interactsin products market. Discuss how circular flow relates to current economic situations.
The inverse demand for health care services is P = 500 - 40 Q where P is the price and Q the quantity of health care. The price of services is $100 but insurance covers 80% of it. What is the efficient quantity of health care? What is the DWL when pe..
Explain how globalization is more than just a set of economic arrangements?
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