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A bus driver records the time (in minutes) it takes to commute to school for 6 days. These results are: 25, 22, 17, 20, 15, 10. Assuming the population is normally distributed, develop a 90% confidence interval for the population mean. What is the reliability factor?
Suggest some barriers to trade that might exist which would eliminate the potential advantages to specialization and trade. What will keep each group from overcharging the other for their specialized product
Given the information above solve for the equilibrium output
Explain how financial institutions fit into the circular flow diagram (and more specifically why they are important for economic stability and growth). In your own words, explain why financial institutions (and, by extension, financial markets)
xyz corporation is a manufacturer of widgets. over the past several months it has been selling its widgets for 100 each
Why do the soft technologies open more opportunities for women? To what extent have these technologies impacted the perceptions of men’s and women’s roles in the economy, within marriage, and in society as a whole?
Richard Dulski’s firm is about to bid on a new radar system. Although the product uses new technology, Dulski believes that a learning rate of 80% is appropriate. The first unit is expected to take 720 hours, and the contract is for 45 units.
exercise 1the following production plans are feasiblethe negative numbers stand for inputs and the positive one for
What compensation options are available to employers? Describe each. Many have argued that the most important reason for adopting incentive compensation is to communicate to employees how they contribute to the company's success.
considering the constrained consumer choice problem for two normal goods explain the process by which the consumer
The monopolist charges a single price for output, how much will he produce, what price will he charge, and what profit will he earn?
What is the future worth of a series of equal monthly payments of $5,000 if the series extends over a period of six years at 9% interest compounded?
The Fed's decided to maintain its low interest-rate target in the face of a rightward shift of theAD curve in the late 1960s which led to an inflationary equilibrium. Discuss the short-run and long-run costs and benefits of the Fed's other two op..
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