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Baby Pty Ltd. is planning to launch a new brand of makeup product. Based on market research, if sales are high they can make a profit of $18.5 million per year. If sales are 'so so' they can make a profit of $8.9 million per year. Finally, if sales are low they can lose $3.8 million per year. The probability that sales will be high is 0.51. The probability that sales will be 'so so' is 0.24. Calculate the variance of profit for the new brand of makeup product (in $ millions2). Give your answer to two decimal places.
The NHFishercats are debating whether to build a new restroom in the leftfield area near the patio adjoining the bar/restaurant located there
What is oligopoly? Compare and contrast different forms of oligopoly? Discuss marginalist contrivercy and average cost pricing?
Consider a supply and demand model of the wholesale gasoline market. If a tropical storm forces some refineries to temporarily withdraw from the market, what curve shifts and in which direction?
Calculate the coefficient of price elasticity (midpoints approach) for Goldsboro's supply. What was Diane's economic profit.
If gold was made "legal tender" in those states, how effective do you think gold would be as (1) a medium of exchange (2) a standard of value and (3) a store of value in those states? Explain your reasoning.
Describe the strategies that theseoligopolistic companies used to fight the toothpaste war. What were the elements of success or failure?
"In order to counteract income inequality, it's essential to tackle poverty in an integrated way that has long-term impact.
What are the ways that designers force us to focus on necessary concepts of a play, or how designers force your focus to necessary concepts of the play? and How designers influence your emotions about those concepts?
A surface mount placement machine is purchased for $500,000. The SMP machine qualifies as 5-year equipement for MACRS-GDS depreciation. The before tax cash flows, in contant dollars, include an annual uniform series of $120,000 plus $100,000 salvage ..
consider a homogeneous product industry with inverse market demand given by p 1100 - 2q there is currently one
Find the gradient of Q b. Find the Hessian of Q c. Denote the initial K = 10,000
Social Security is projected to experience a shortfall in 2035. If nothing is done, recipients will start receiving only 85% of earned benefits. What do you think is the most fair solution- increasing mandatory contributions to more than 7.65%, remov..
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