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Recently proposed energy legislation has caused concern in West Virginia, particularly in respect to impact on the coal, oil and gas industries. The Marshfork Corp. reported that 70% of West Virginians opposed the legislation. In a random smaple of 12 WV residents, what is the probability that: a. exactly 8 oppose the legislation b. fewer than 5 oppose the legislation c. 4 or fewer support the legislation
By how much should domestic auto-makers increase the cost of automobiles if they wish to increase sales by 5 percent next year.
Suppose Philip Morris and R.J. Reynolds can write an enforceable contract about illustrate what y will do. Illustrate what is cooperative solution to this game.
Describe the impact of effective communications to the internal public's of the company. Utilize the communications procedure to make an effective internal public relations action plan.
I hereby offer you $5,001 if both you and my other creditor agree to cancel my debt. If either or both of you decline this offer, I will be legally in default and you will receive $5,000." So, what happens.
Elucidate the process and causes by which each of the following economic events will move the economy from one long-run macroeconomic equilibrium to another. Use the diagrams below, resizing them as necessary.
Illustrate why is it important for average person to understand the basic mechanisms of supply and damand in the market economy.
To test her hypothesis, she collected a simple random sample of 100 starting clerical salaries from across state and found that sample mean is $29,750. State appropriate null and alternative hypothesis.
Utilize your general knowledge of equilibrium prices to explain why the previous interest rate is no longer sustainable.
find an identical output for each firm that maximizes joint profits.
If over speeding by 10 mph results in the probability of dying in one hour to be 1 in 400,000, use the Jones-Lee approach to estimate Junior’s value for his life if he makes $90 per hour. What if the probability of dying is 1 in 5,000,000?
Elucidate and illustrate how they will help to improve the GDP as a tool for measuring the well-being of a nation.
If country desires to smooth consumption, explain how much it should borrow in period 0. Illustrate what will level of consumption and trade balance is from then on.
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