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If material hardness is normally distributed with a mean of 42 and a standard deviation of 1. Specification limits for hardness are from 35 to 45. When the fraction defective is 0.0017 what is the corresponding PPM?
The political stability of countries has an impact on the foreign exchange market. When a country's import spending exceeds the value of its exports, the country is experiencing a:
Calculate the number of employed, the labour force, the percentage of people not in the labour force, the rate of unemployment, and the labour force
On the other hand, the company in China is willing to pay only $135 per unit. What will be the effect on profit of accepting the order?
Discuss the impact of floating exchange rates on the profitability of foreign operations by US companies.
What is inflation? What are the causes of inflation? Is inflation desirable and what can be done to control inflation in a market economy? What is the Consumer Price Index (CPI)? How has the CPI behaved since the year 2000? What have been the caus..
How will the gradual rise of the discount rate by the Federal Reserve affect international business?
Is it reasonable to expect firms to take actions that are in the public interest but are detrimental to stockholders? Is regulation always necessary and appropriate to induce firms to act in the public in-terest? Discuss the opportunity costs of atte..
There is currently 20 identical firms in a perfectly competitive market. Each firm has a cost function of the form: SC(q) = 10q2 +200q + 7000. The market demand is P = -4QD + 3000. Find the short run equilibrium price, market quantity, and firm quant..
How could you apply Edmondson's and McManus' 3 archetypes of methodological to your proposed research purpose?
Supposed players 1 and 2 are participating in a first-price sealed bid auction with private, independent valuations. Each player's valuation of the object to be sold, which is assumed to be worth 0 to the seller, is either 0 or 2 with equal probabili..
Suppose there are two types of persons: high-ability and low-ability. The schooling required to obtain a particular diploma costs a high-ability person $8,000 per year, and it costs a low-ability person $10,001 per year. Firms wish to use this diplom..
Pick an industry that has been deregulated in the US in the past 20 years. What were the major goals of the deregulation?
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