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David wants to buy a new laptop because he loves gaming. He goes online to look for options, mentally deciding that his budget is $2500. When he goes online he sees three laptops, A, B and C. Laptop A costs $4000, Laptop B costs $2000, and Laptop C costs $1500. What is his economic surplus for each laptop? Based on economic surplus, which laptop should he buy?
Find a 95% confidence interval for the true percent of car owners in this city who recieved a speeding ticket this year. Evalute your results to the nearest hundredth of a percent.
Assuming no other changes, if balances in money market deposit accounts increase by $50 billion and small-denominated time deposits decrease by $50 billion.
Ethanol or ethyl alcohol is a motor fuel produced from sugarcane, corn or other sugar based feedstocks. In the United States, where ethanol production uses corn as feedstock, the Energy Policy Act requires that a minimum quantity of renewable fuels l..
If the average adult produces $90,000 of output per year, how much output is lost as a result of adult deaths from secondhand smoke, according to the News on page 74?
What is brand equity? Discuss various ways brand equity can be measured. Give examples.
During period of decline in economic activities (recessions) where unemployment rates are above the normal rates (more layoffs), would you consider a government
Mathematically speaking, a complex relationship exists when two variables exhibit at different times, a Negative and Positive relationship. Discuss how this might occur? Please give examples?
What is the future value of all the costs of owning and operating this machine if the nominal interest rate is 7.2%?
What is the economic profit and economic cost for Amy's store. Are these figures the same as the accounting cost and accounting profit?
Write the probability model for the points from this game, and find the expected value and the standard deviation.
Construct the extensive form (tree diagram) to analyze this game. Label appropriately
Discuss a specific example of a government policy that has been established for the purpose of internalizing negative externality
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