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Questions
1. Suppose there are two types of players: good and bad. A good playe: catches the ball with probability 0.9, and a bad player catches the ball with probability J.
2. Suppose that the value of a good player is 2000 and the value of a bad player is 100 You know that 0.3 fraction of players are good. a) What is the expected value of a player? b) What is the probability of a player being good after you observed that he caught the ball? c) What is the expected value of a player who caught a ball? d) What do you expect to happen to the expected values of players as they play games?
Suppose that the government imposes a tax on cigarettes to reduce smoking.
Target is pulling out of Canada! Please watch the following video link to see how cultural differences affect businesses. And what you thoughts?(one paragraph,about 300 words)
You decide to open a retirement account at your local bank that pays 8%/year/month (8% per year compounded monthly). For the next 20 years, you will deposit $500 per month into the account, with all deposits and withdrawals occurring at month’s end. ..
Does the elimination of competition promote efficiency? Why do you think Achnacarry was a pipe-dream? please include (Opinion, Reason & Facts, Explanation, Citation)
If price elasticity equals one in absolute terms, it means:
From the perspective of consumers and society overall, monopolies are worse than perfectly competitive markets. This is the major reason behind the existence
Apply the coefficient-of-variation decision criterion to these alternatives to find out which is preferred by the angel investor, assuming that he/she is risk-averse.
Compare both Pepsi and Cola in terms of their market shares in the CSD industry and trends
What are the major substitutes and complements impacting their decision-making? Who are main the suppliers in your market?
Explain how the company Newman's Own brand fulfills the definition of a business for profit and a non-profit business at the same time.
Suppose the economy starts with output at potential. Then a supply shock occurs: oil prices rise sharply. What could monetary policy makers do to minimize the resulting recessionary gap (Hint: explain using the the AD and AS framework; no need to dra..
Question 1 What are the contributors to economic success of the Republic of Korea? What enabled Republic of Korea to increase in income?
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