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An aerospace company has submitted bids on two separate government contracts, A and B. It feels it has a 50% chance of winning contract A and a 40% chance of winning contract B. Furthermore, it believes that winning contract A is independent of winning contract B.
What is the probability that the company will win both contracts?
the forecasting staff for the prizer corporation has developed a model to predict sales of its air-cushioned-ride
cleanauto inc. has four workers julie ian devon and thomas. cleanauto inc. provides two services interior vacuuming
Why is MTV so profitable relative to the major networks?
"Fiscal Policy" Please respond to the following: Decide what fiscal policy measure has a more direct impact to the economy, an increase in government spending or an equal decrease in taxes if customer confidence is lower than the previous month.
why do economists emphasize efficiency as an important goal of public policy? why is compensating volunteers to
Present a plan for monitoring carbon monoxide in a city
Long run average costs rise as output increases if and only if the production function is homogeneous of degree p?(0,1). True or false? Explain your answer.
A customer consumes two normal goods, chocolate and coffee. The price of coffee rises. The income effect, by itself, suggests that the customer will consume
choose and research an industry where there has been a pattern of change in a particular market model monopoly
Is the firm operating in short run or long run? Explain.
Sue loves ice cream but cannot stand frozen-yogurt desserts. In contrast, Carole likes both foods and can hardly tell the difference between the two. Who will have the more elastic demand for yogurt?
"Some economists worry that the aging populations of industrial countries are going to start running down their savings just when the investment appetite of emerging economies is growing" (The Economist, May 6, 1995)
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