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A population has a mean u=86 and a standard deviation of 30. Find the mean and standard deviation of a sampling distribution of sample means with the sample size n=264.
You are the manager of a monopoly. The consumer’s inverse demand function for your firm’s product is P = 100 –20Q, and your cost function is C (Q) = $20Q. Part a Determine the optimal two part pricing strategy. Part b How much additional profit do yo..
How would one best depict economic growth in a ppc model?
Suppose the demand function for a profit maximizing monopolists good is P = 160 - 0.5Q, its total cost function is TC = 20 + 10Q + 0.3Q2, and its marginal cost function is MC = 10 + 0.6Q. If the firm uses a uniform pricing strategy, then rounded to t..
Explain the importance and role of a corporate social responsibility strategy.
Consider a cruise liner provisioning a certain consumable item for her next trip. In the first stage, the cruise liner procures from the home port region right before the start of the trip. The unit cost for the item at home port is c1. Compute the o..
What would be the minimum expected return from a new capital investment project to satisfy the suppliers of the capital? Assume the applicable tax rate is 40%, interest on debt is 7%, flotation cost per share of preferred stock is $0.75, and flotatio..
Impacts on currency markets and on economic conditions within the country and globally.
Calculate the predicted percentage change in tickets sold. Would you expect ticket revenue to rise or fall.
Foreign investment has been called both a blessing and a curse for developing countries. Explain how this can be the case. What has to happen for foreign investment to be considered more consistently as a blessing?
Consider the country Spendthriftia, with a depreciation rate ¯d = 0.1, TFP A = 1, labor force L = 100 and saving rate s = 0.1. The country has the following production function: Yt = AK¯ 1/3 t L 2/3 t. Find the steady state level of capital in the ec..
One of the major reasons that foreign expatriates have difficulty doing business in the United States is that they do not understand American slang. A business executive recently gave the authors the following three examples of statements that had no..
In an economy, the marginal propensity to consume is 0.8. The government balances the budget by adjusting the proportional tax level to the required government spending. An increase by 10 million in government required spending will lead to an increa..
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