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A car rental company has determined that the probability a car will need service work in any given month is 0.2. The company has 900 cars. A. What is the probability that more than 200 cars will require service work in a particular month? B. What is the probability that fewer than 175 cars will need service work in a given month?
If due to over-harvesting of coconuts they become more difficult to acquire, taking 2 hours to pick one coconut, Illustrate what combination will maximize utility.
Can citizens who speak an official language or than majority language receive official personal documents in that language. What arrangements have been made in this respect.
Evaluate the financial performance of the company using the information providedin scenario. Consider all the key drivers of performance, such as company profit or loss.
Explain why perfect personalized pricing is typically more profitable than menu pricing.
Suppose the point of tangency that characterizes long-run equilibrium for a monopolistically competitive firm occurs at Q1 units of output.
Compute the unemploymet rate and the labor forceparticipation rate,and compare thse raes wth those in the United States in 2009.
What fraction x of your money should you invest in risky asset in order to maximize your utility. What happens if A is large.
In a few sentences, what effect does the current supply and current demand have on this product.
Evaluate the results of the regression equation tells managers and how it is likely to impact decisions made related to maximizing profitability.
Compare and contrast the way Classical and Keynesian theory determine the Demand for Money and how it is related to the Money Supply
Compare the sum of consumer and producer surplus for the monopoly with the results for perfect competition.
Illustrate what would happen to the firm revenue if it decided to charge a price above $354.
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