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Consider a family that has two children. We are interested in the children's genders. Our sample space is S={(G,G),(G,B),(B,G),(B,B)}. Also assume that all four possible outcomes are equally likely. What is the probability that both children are girls given that the first child is a girl?
Think of some of your favorite brands. Do you know where they come from? Where and how are they made or provided? Do you think knowing these answers would affect your perceptions of quality or satisfaction? could they make?
Some ethicists argue that we should endorse a moderate ethical-egoism. They have given some surprisingly plausible arguments for their claim.
Anjelkovic-148 is a new fragrance, guaranteed to attract the opposite sex and is the proud new invention of Bombastic Lova Lova Corporation.
The more progressive the tax system, the: The portion of the public debt owed to foreigners does not represent any real economic burden to Americans because we received money from foreigners when we incurred the debt. The so-called "recognition lag"..
Why do economists use models? Can complex real life labour markets be modelled by the efficiency wage model?
The graph above depicts a situation where, if the market demand for the product increases, the prices of the resources used by the firms in the industry would
q. recall that is the economy continues to be strong abc company may need to increase its production by about 50
From the late 1980s through 2007, inflation remained fairly tame--a period known as The Great Moderation. Mainstream economists argued that the problems of macroeconomic instability and stagflation had been solved. However, the Global Financial Crisi..
What is the range for the relative price of cloth such that the economy produces both cloth and food? Which good is produced if the relative price is outside of this range? Write down the unit cost of producing one yard of cloth and one calorie of fo..
It is often argued that price wars may be more likely to occur during low-demand periods than high-demand periods.
Find the percentile corresponding to p=52% of tire lifetimes.
During the 2016 presidential campaign, trade deals were a constant source of disagreement.
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