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The probability that a blood donor has type a blood is 0.40.
Consider 8 randomly chosen blood donors, what is the probability that exactly half of them have type a blood?
If Argus Corporation produces 8,000 vacuum cleaners per month, what is the estimated average variable cost? Marginal cost? Total variable cost? Total cost?
Describe how changes in the macro environment affect individual firms and industries through the micro economic factors of demand, production, cost and profitability.
In contrast to the federal government budget of the US, the budgets of the individual states
The elasticity of demand at the profit-maximizing point on demand is __________ (elastic, inelastic, unit elastic), as it must be for profit maximization to occur. Total revenue ________ (is, is not) maximized at this point on demand. The maximum pos..
Effects on equilibrium cost as well as quantity when wages for all dental assistants enhance, increasing the expenses of inputs.
If policymakers want to reach full employment while maintaining balanced trade, what combination of monetary and fiscal policy should they use.
q.the short-run production function for a manufacturer of flash memory drives is shown in the table below. based on
Compute the equilibrium quantity and price and Calculate the consumer and producer surplus.
A multiple regression equation is created with 4 independent variables and 24 data observations. The resulting F value is 4.10. If all other statistics for the regression are acceptable would you use the regression to forecast data for your business?
Sales promotions are expensive to administer and can be fraught with legal complications. Sales promotions yield their most positive results when carefully integrated with the overall advertising plan. Identify which of the sales promotion techniques..
Explain why a person starting up a small business probably stands a better chance of raising money by applying for a bank loan than by issuing bonds. Banks now control only about half as much of the total financial intermediary assets as they did abo..
Explain by how much does the total amount of deposits in the banking system increase. By how much does the money supply increase.
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