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An urn (vase) contains 10 balls that are exactly alike except that 5 are red, 3 are blue, and 2 are green. What is the probability that, in picking up a single ball, the ball is
(a) Red?
(b) Blue?
(c) Green?
(d) Nonblue?
(e) Nongreen?
( f ) Green or nongreen?
(g) What are the odds of picking a blue ball?
(h) What are the odds of not picking a blue ball?
Identify a relevant economic article from either the Strayer Library or a newspaper. The article must deal with any course concepts.
The jurors of a summary jury trial are usually not aware that their decision does not have a binding effect. The U.S. constitution has one indirect and three direct sources of law. The legislative branch is charged with interpreting the laws in the c..
Compute Calvin's profit-maximizing output level. Compute the Calvin's economic profits at this activity level. Is this activity level sustainable in long run?
Do you think the Indians could have driven out the colonizers when the colonists were first arriving in small numbers and why do you think they did not try harder to do that?
Based on the reading assigned for this module, and your own Internet research, what adjustments are required for China to rebalance its current account. What risks are inherent in such adjustments
Prince Sports wants to exploit a favorable trend-the dramatic growth in tennis participation. For example, a recent study by the Sporting Good Manufacturers Association notes that tennis participation in the U.S. was up 43 percent from 2000 to 200..
why do people hold their wealth in the form of money rather than another asset that will provide a rate of return
How is the market price of a good determined? When the market for a product is in equilibrium, how will consumers value an additional unit compared to the opportunity cost of producing that unit? Why is this important?
question 1how is the equilibrium price determined? what happens if the price is above the equilibrium price? what
What is the cost to government for imposing the estate tax and what is the cost to the taxpayer for imposing the estate tax on him?
The marginal cost of making a wedding cake is $200. In order to maximize profits, Laura should make more than 20 wedding cakes per month. make fewer than 20 wedding cakes per month.
A Boeing 747 lasts 20 years and costs $350million dollars. If the market interest rate is 5% what is the rental rate ofcapital and what is the price of capital for a firm like American Airlines touse an air plane for one year?
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