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In a regional city, two lawn companies fertilise lawns during the summer company A has 60% of the market. While company B has the rest. Inspections on the lawns are done 1 month after they were fertilised and it was found that40% of the lawns fertilised by company Acould be rated as healthy while 50% of B could be rated as very healthy.
A) What is the probability that the lawn is rated very healthy.
B) If the lawn is rated very healthy what is the prob A treated the lawn
Characterize labor conditions in the new economy. Address the following: What working conditions do most people have? Who controls labor conditions?
The recent merger of US Air and American Airlines received both national and local attention. The US Department of Justice contested the merger on the basis it would produce harmful monopoly-like behavior in the airline industry. Develop an argument ..
1. Explain the impact that a host or hostess has on a customer's impression of a restaurant.
Suppose you are given a money supply model where r = 0.1, e = 0.2, and c = 0.4. What is the money multiplier? What change in the money supply will result from an open market sale of $400,000?
A person signs an agreement to offer personal services over a period of five years. The company that hires him, offered to pay him an advance of $30,000 for his professional services at the moment of signing the contract and five additional payments ..
Suppose that the market for engagement rings is in equilibrium. Then political unrest in South Africa shuts down the diamond mines there. South Africa is the world's primary supplier of diamonds. What will happen.
In the _____, the perfectly competitive firm will seek out ___________.
One of the impacts that can erode the standard of living is inflation. The gov't uses the CPI to measure inflation. What is the CPI? How is it calculated? What are the uses of the information?
q. consider the following two statements1 if the government raises marginal income tax rates on society and then
Suppose that there are two consumers in an exchange economy with two goods. There are total of ten units of each good. The initial endowments for these consumers are (e1x, e1y) for consumer 1 and (e2x, e2y) for consumer 2, where e2x = 10 – e1x and e2..
If banks desire to retain excess reserves of 10% of total checking accounts and borrowers hold 10% of their new checking accounts (loans) for liquidity purposes and do not spend that 10%, what will be the maximum impact on the money supply in the for..
"Since the statistical discrepancy in the U.S. balance-of-payment accounts is so large, we cannot rely on the U.S. BOP statement to give information on the size of various 'balances' with any precision. Perhaps the U.S. BOP statement is essentially u..
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