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A sample of 121 customers revealed that 65% of them would like to use on-line shopping facilities. Find a 90% confidence interval for the population proportion of customers who would like to use on-line shopping facilities.
u.s. supreme court justice stephen breyers book breaking the vicious circle toward effective risk regulation 1993
Consider a small barter economy with only two individuals, John and Mark. John's preferences for the two available goods (x) and (z) are given by: Draw the Edgeworth box for this economy including example indifference curves for each individual and t..
Calculate the return and standard deviation for the following stock, in an economy with five possible states.
The financial department of Delphi Consolidated Industries (DCI) is just starting a two-week retreat in the Canadian wilderness. The president of DCI has been approached by an investment banker who has acquired $1,000,000 in DCI bonds in one of his d..
Determine the marginal cost to extend service for each of the next 4 years if the MARR is 8%.
Suppose the government sets an effective price floor (that is, a price above equilibrium) in the market for oranges and agrees to buy all oranges that go unsold at that price. The oranges purchased by the government are discarded. Illustrate the numb..
The cost to remove the old machine is $2000. Which are the relevant costs for the old machine?
What is allocative efficiency using the benchmark model?
Examines the choices made by individual participants in an economy, while macroeconomics considers the economy's overall performance
Madison has two residents: Sam and Ryan. Both love to drive. Each resident’sutility depends positively on the weight of his own car (Wr or Ws) and the totalamount of a public good, snow removal, purchased in the town. Compute the market equilibrium o..
Walt Wallace Construction Enterprises is investigating the purchase of a new dump truck with a 10-year life. Interest is 9%.
What economic concept describes this? How can economic incentives be used to significantly reduce the problem?
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