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For this Discussion, consider the following scenarios that involve transmitting confidential information:
Identify a firm from any one of the above scenarios. Based on your readings and upon conducting additional research, suggest two data transmission methods that your chosen firm could use. Explain the risks associated with each alternative. Which method would you recommend for this firm and why?
Next, explain the risks and benefits of applications that use Public Key Cryptography to encrypt files or messages (such as PGP) and the risks and benefits for transport-layer security applications, where the files and messages may not be encrypted, but the data stream can be (such as an IPsec VPN or FTPS). Does your recommended method fall under either of the two categories? Why or why not?
In the formula for Bayes theorem if the w-probability is greater than the zero than the a-probably is less than the b-probability. With only one seller in a posted offer market prices will tend to move upward toward the monopoly price. Posted offer m..
Derive the cost function for the two-input, constant-returns, Cobb-Douglas technology. Fix one input and derive the short-run cost function. Show that long-run average and long-run marginal cost are constant and equal. Show that for every level of th..
ABC Inc is a monopolist selling to two competitive retailers who engage in the Bertrand competition. ABC Inc has a constant marginal cost of 10. Demand at the retail market is given by p=70-q. Solve for the Nash equilibrium, and find the equilibrium ..
If your wealth is held as currency or checking accounts, or other assets that you can convert to money on the short notice, your assets are considered to be?
Suppose Noah and Naomi's short-run weekly production function for garden benches is F(L)=0.4L. Where L represents the number of hours of labor employed. The wage rate is $10 an hour. What is their short-run cost function?
Because of diminishing returns to consumption, a household would be less than twice as happy if nominal income and nominal prices all doubled. an increase in the interest rate makes all households worse off. if a household is neither borrowing nor le..
Tracy won a $100 million jackpot. She can receive the jackpot as a $5 million payment each year for 20 years, or she can ask to receive the present value of all those payments all at once now. Assume an annual interest rate of 5 percent. If she decid..
Which of the following would NOT produce an outward shift of the production possibilities curve?
In July, 2013, in the economy of Sandy Island, 10,000 people were employed and 1,000 were unemployed. During August, 2012, 80 people lost their jobs and did not look for new ones, 20 people quit their jobs and retired, 150 people were hired or recall..
Tomato Farms is selling tomatoes in a purely competitive market. Its output is 5000 bushels, which sell for $15 a bushel. At this level of output, the marginal cost is $15 a bushel and average total cost is $14.50 a bushel. Should the firm increase o..
Social Security payments to retired persons is an example of: Answer A. a transfer payment. B. government spending shortages, and they always lead to deficits. C. income measured by using the value-added approach. D. a government purchase.
Which of the following statements best illustrates the economic concept of derived demand?
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