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Discuss the differences between validity and reliability. Can you have one without the other? Think of it like this - you are measuring a distance with a broken ruler. A ruler is supposed to be 12 inches, but it's broken at 10 inches. It is NOT a valid measure of a ruler, but if I keep measuring with it, it is reliably measuring incorrectly.
Imagine that you have a fixed 30-year interest rate for your mortgage, and the economy has experienced unanticipated inflation. Examine who the winner and loser would be. Is it the borrower or the lender in the given scenario? Provide support for ..
Find the level of production at which the two layouts are identical from a cost point of view. (b) Find the level of production at which the process layout starts being profitable. (c) Which layout is most cost-effective for a production level equal ..
Provide an argument for or against trade. Explain your reasons. What should government do to support your argument.
An individual who owns a share of a corporation and is entitled to part of its profits is the director officer president stockholder.
By early 2008, most economists believed we were heading towards recession. Congress and the President passed an Economic Stimulus Package (Expansionary Fiscal Policy) and the Federal Reserve cut interest rates (Expansionary Monetary Policy). Expla..
What must the CFO expect about the Australian Dollar/US$ exchange rate 1 year from now if she chooses to invest in the US $ CD's instead of the Australian CD's?
Assume there are two firms, A and B, buying labor in a market. They each have a constant level of VMP = 15. They face an upward sloping supply curve, W = 2L, where L is the sum of the supply of labor purchased by firm A, LA, and by firm B, LB.
Assume first that Apple were to sell only 4GB iPods after all,they cost the same and some consumers prefer more than less. What is the optimal price for a 4GB iPod.
Explain what would happen in the market for chicken if the price of beef suddenly increased and remained high. Use supply and demand analysis in your answer and consider the elasticity of demand and the cross-price elasticity of demand in your answer..
Microsoft Corp want to expand and has to make some long-term capital budgeting decisions. Now the industry is confronted with government regulations to oversee the merger. Analyze how the different forces will come together to create a convergence..
Define and explain the relationship between total revenue, average revenue, and marginal revenue for a monopolist. What is monopoly profit Should a monopolist produce quantities of product greater than which would maximize profiits
What are the sources of human capital and Discuss some specific examples and what is the law of diminishing returns? Give an example of what law of diminishing returns implies.
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