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Suppose that the type of key in a hashing application you are implementing is string. Design and implement a hash function that converts a key to a hash value.
- Test your function by computing the hash values for the Java keywords.
- Was a key collision produced?
Use the concept of (a) substitutes in production versus pure complements in production and (b) gross substitutes versus gross compliments to asses the likely impact of the rapid decline in the price of computers and relate office equipment on the lab..
Jill plants flowers in her yard to supply a local florist. Her neighbor enjoys the flowers. Therefore: Question 3 options: Jill should stop planting flowers because her neighbor does not pay for the benefit he gets. Jill should not plant flowers beca..
Which is the safer investment, Company A Stock, Company B Stock, or a porfolio containing half of each If you make a lucky prediction about the prices of the stocks of the two companies, will you earn more or less if you invest in that company rat..
Addressing inflation using Fiscal and Monetary Policy tools. Scenario -The US economy is currently experiencing high rates of inflation. You have Fiscal and Monetary policy tools available to address this problem: To attack the problem of inflation y..
Solve for the change in consumer surplus, the change in producer surplus, the change in government revenue and change in total surplus (i.e. the deadweight loss) from the market without the tax.
A retail chain keeps daily data with summaries of the dollar amounts of sales for each of 151 different products sold at 23 retail stores. The daily data is tracked by product and by store. At the end of the day each store sends its data to the sales..
For each item in this list, please explain whether it would be considered a pure public, quasi-public or pure private good. (TIP: Think about whether the item has shared consumption and/or exclusivity to determine what type of good it is.)
Explain how Steve Jobs revolutionized 6 industries (personal computers, animated movies, music, phones, computing, digital publishing. Describe his marketing strategy.
Suppose Mike’s utility consists of consuming two ordinary goods: Hotdogs (normal good) and beer (inferior good). Quantity and price for hotdogs and beer are Xh, Xb, Ph and Pb and his income is I. Draw Mike’s indifference curve, budget line and show t..
Adaptive expectations models rely on expectations of future events being formed solely on the basis of past experience. In developing and transition economies the application of tools to effectively counter the problem of asymmetric information is ra..
Kelson Sporting Equipment, Inc., makes two different types of baseball gloves: a regular model and a catcher's model. The firm has 400 hours of production time available in its cutting and sewing department, 300 hours available in its finishing depar..
Suppose that there are 2,300 employed people in the economy and 200 unemployed people. Suppose, further, that 23 percent of the unemployed find jobs each month and that 2 percent of the employed lose their jobs each month. Suppose that the unemployme..
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