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The time it takes to process phone orders in a small florist/gift shop is normally distributed with a mean of 6 minutes and a standard deviation of 1.24 minutes
a) What cut off value would separate the 2.5% of orders that take the most time to process?
B) What cut off value would separate the 16% of orders that take the least time to process
c) What cut off values would separate the 95% of orders that are in the middle of the distribution with respect to processing time?
Examine any foreign currency of your choice (preferably one from an emerging market), and provide an analysis of that currency against the U.S. dollar over the 5-year period
On March 31, 2008, Hawaii lost 15 percent of its air service as aloha airlines and the cheap-flight airline ATA suddenly shut down. Stranded travellers were offered flights to west coast cities $1000 one way. Under what conditions the $1000 fare woul..
There is some evidence that during the 4th century in the Roman empire, public officials were paid in kind or “in equivalent prices”, instead of coins. What can be inferred from this?
Is the natural rate of unemployment fixed? Why or why not? How are full employment and the natural rate of unemployment related?
A central bank that prefers to use monetary policy to target interest rates consistent with domestic goals--low inflation, low unemployment, and high growth--will most likely pursue:
q1. consider how the components of gross domestic product gdp fit with the circular flow model. what does gdp measure?
A monopolist faces a demand curve given by P=105-3Q P is price, Q is quantity demanded. Marginal cost of production is $15.00. No fixed costs. Explaim how much output in order to maximize profit.
Illustrate what are the levels of income every worker and consumption per worker.
Suppose the S&P index is expected to fall by 1 percent over the next month. What is the expected return on PepsiCo's stock?
You are the manager of a monopoly that faces a demand curve described by P = 85 - 5Q. Your costs are C = 20 + 5Q. The profit-maximizing price is
The costs of expected inflation cause productive resources of an economy to be directed away from their efficient allocation. Explain how each of the following costs of expected inflation distrot the allocation of productive resources:
If the Bill and Melinda Gates Foundation were to buy out and destroy the patent for Combivir, which of the following would NOT be one of the effects? Monopolists typically prefer not to segment markets.
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