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Questions: The time required to make a certain specialty coffee at a local coffee shop is uniformly distributed between 25 and 45 seconds. Assuming a customer just ordered one of these specialty? coffees, determine the probabilities described below.
a. What is the probability that the preparation time will be more than 28 ?seconds? ?(Simplify your? answer.)
b. What is the probability that the preparation time will be between 34 and 40 ?seconds? ?(Simplify your? answer.)
c. What percentage of these specialty coffees will be prepared within 36 ?seconds? ?(Simplify your? answer.)
d. What is the standard deviation of preparation times for this specialty coffee at this? shop? ?(Round to four decimal places as? needed.)
Assume you are an analyst assessing national costs of mercury abatement. Your staff has estimated the marginal social costs to be MSC = 0.8Q and the marginal abatement cost across polluters to be MPC = 0.65Q, where Q is measured in percent abateme..
In need of a new toner cartridge for my laser printer I came across the online retailer, supermediastore.com. Their policy is that all orders for $25 or more ship for free. My toner cartridge was $16.99 plus $12.34 for shipping.
The crockett Land Winery must replace its present grape-pressing equipment. The two alternatives are the quick-skwish and the stomp-master. the annual operating costs increase by 12% each year as teh machines age.
Suppose that households are concerned about the future and cut back on their marginal propensity to consume from 0.80 to 0.667. Try this experiment for the Money Supply Target case and the Interest Target Case.
Zaley and Iris have Legos andcrayons. Zaley has 5 Legos and 5 crayons, Iris has 2 Legos and 8 crayons. Zaley's utility function for Legos andcrayons is uz(lz, cz) = lz · cz where lz and cz represent quantities of Legos and crayons.Iris' utility fun..
What is the major strategy for firms on multiproduct pricing? How would a firm producing many products ensure its ultimate goal of maximizing profits?
Compute the profit consequences of the advice.
The documents related to the chosen sample may not be available for inspection.
Analyze the current status on foreign exchange rate, producer price index including descriptions of current status and graphs with APA guidelines.
Indicate both verbally and graphically why such a segmented demand function is likely to exist. What type of industry structure is indicated by this relationship?
Passengers using New York's MetroCard system must swipe the card at a rate between 10 and 40 inches per second, or else the card must be re-swiped through the card reader. Research shows that actual swipe rates by subway riders.
Protection of property rightsd. Openness to tradee. Low tax ratesf. Good public infrastructureg. Low population growth
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