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A pet supplier has a stock of parakeets of which 30% are blue parakeets. A pet store orders 3 parakeets from this supplier. If the supplier selects the parakeets at random, what is the chance that the pet store gets two or more blue parakeets?
She needs 150 pieces of data and is 34 percent done. How many pieces of data has she collected?
Supply and Demand in the U.S. Car Market. Please include a graph showing the initial equilibrium and the new equilibrium with the corresponding price and quantity and an explanation to support your answer. As the price of gas increases, what happens ..
Alternatives A and B require investments of $10310 and $13400, respectively. Their respective net annual cash inflows are $3300 and $4000. What is the rate of return for each alternative and for the incremental difference? if the interest rate is 1-%..
GDP is the major economic variable used to measure the health of the economy; indeed, as we learn, recessions are defined based on the direction of change in GDP. GDP is a difficult measure to construct, as certain transactions and expenditures are n..
EV2003 Environmental Economics. Provide a brief non-economic description of the nature of the environmental asset/service
What is the interest rate on a 2-year certificate of deposit at a bank or credit union in your area? What is the most recent value of the Consumer Price Index
A total of $41,000 is borrowed and repaid with 60 monthly payments, with the first payment occurring 1 month after receipt of the $41,000. The stated interest rate is 6% compounded monthly. What monthly payment should be made?
Demand for a softback managerial economics text is given by Q=20,000-300P. The book is initially priced at $30. Compute the point price elasticity of demand at P= $30. If the objective is to increase total revenue, should the price be increased or de..
Tax bracket is defined directly from a gross income value, not from taxable income value? Business can not claim depreciation expenses on a property it is leasing. To have a higher NPV of an after-tax CFS, owners would always prefer higher depreciati..
Las Cruces Recreations Inc. headquartered in Las Cruces, NM operates a summer camp in Silver City, NM. The cost data for a 12-week summer camp are as follows: Charge per camper = $400 per week Variable cost per camper = $220 per week Fixed costs = $2..
The following table represents the costs of five possible sellers. Refer to Table 7-16. If each producer has one unit available for sale, and if the market equilibrium price is $70, how much is the combined total cost of all participating sellers in ..
Suppose the government is considering two alternative policies to achieve a target level of emissions for an industry of 500 tonnes. What is the total abatement cost of achieving the target emissions under each policy? Based on this calculation, whic..
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