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31?% of adults say cashews are their favorite kind of nut. You randomly select 12 adults and ask each to name his or her favorite nut. Find the probability that the number who say cashews are their favorite nut is? (a) exactly? three, (b) at least? four, and? (c) at most two. If? convenient, use technology to find the probabilities.
When countries seek to maintain fixed exchange rates through intervention, their governments or central banks: Licensing systems that limit the ability of individuals to buy foreign currency are:
Consider an oligopoly industry whose firms have identical demand and cost conditions. If the firms decide to collude, then they will want to collectively produce the amount of output that would be produced by:
An open economy with a fixed exchange rate follow a money growth rule successfully if capital moved freely across its borders..
Can anyone recommend some free software for students studying economics for use in senior projects, theses, or dissertations? What kind of economic freeware exists for economics students?
A farm must decide whether or not to purchase a new tractor. The tractor will reduce costs by $2,000 in the first year, $2,500 in the second year, and $3,000 in the third year, and $3,000 in the fourth year. what would happen to the present value of ..
If it cost Wardco $10million to treat the water and the value of mined products to customers is $8million, requiring water treatment would kill the project. Should Wardco be required to treat the water in this case?
The incidence of a tax falls more heavily on
Some, like Santander, have quietly expanded into or business lines; its consumer-credit division is Europe's biggest car financier. What is next.
Assume a hypothetical economy in which the velocity is constant at 2 and real GDP is always at a constant potential of $4,000. Suppose the money supply is $1,000 in the first year, $1,100 in the second year, $1,200 in the third year, and $1,300 in th..
Suppose Jimmy says that he is willing to give up three apples in exchange for one banana, or give up one banana in exchange for three apples. Either trade is alright with him. Suppose that apples cost $2 and bananas cost $1. What trade, if any, would..
All brand differentiation strategies are meaningful and worthwhile. Which of the following statements is true about positioning strategies?
What is the probability that more than 200 cars will require service work in a particular month? What is the probability that fewer than 175 cars will need service work in a given month?
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