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A researcher is interested in seeing if negative political ads against an opponent (group one) are more effective than positive ads for the original candidate (group two). If the mean for group one is 7.00, the mean for group two is 10.00, the n for group one is 20, the n for group two is 20, the variance for group one is 2.50, and the variance for group two is 4.5. What is T? What is the standard deviation?
A firm has decided to offer an early payment discount for the first time in order to stimulate sales. None of the local competitors offer a discount. Which of the following early payment discount scheme should it choose? Select one: A. 2/12, net 35 B..
Suppose that there are only two fishermen, Zach and Jacob, who fish along a certain coast. They would each benefit if a lighthouse were built along the coast where they fish. The marginal cost of building each additional lighthouse is $150. The margi..
What will company experiences when they have to choose between continuing to serve their existing and loyal customer or whether
A pure monopolist sells output for $4.00 per unit at the current level of production. At this level of output, the marginal cost is $3.00, average variable costs are $3.75, and average total costs are $4.25. The marginal revenue is $3.00. What is the..
Explain how Ibn Khaldoun view traders, including types of traders, the importance of traders to the economy, the necessary skills for successful traders, and role of connections in a trader’s success.
Describe and derive an expression for the marginal cost curve and describe and estimate the incremental costs of the extra 200 pairs per week (from 1,000 pairs to 1,200 pairs of shoes).
Suppose that you are interested in comparing the costs of producing inpatient services at Saving Grace Hospital with those at ACME Hospital Further suppose that the two hospitals annual admit about 24,000 and 32,000 patients, respectively at average ..
What is Country A's balance of: {Export of Services - Imports of Services +Income Receipts - Income Payments + Net Gifts?}
Consider the Solow Growth Model with no techonological change or population growth. The savings rate is 10% and the depriciation of capital rate is 5%. The production function is F= K1/3L2/3. Find the steady-state captial-per-capita stock, and consum..
A number of people have argued for a flat tax with each person getting a personal exemption of, say, $10,000, meaning that they pay zero tax on the first $10,000 of income and then 20% on all income above that. Is such a flat tax progressive, proport..
What are the economic concept? What is market? What is a competitive market? What is supply and demand?
Over 4000 individuals called up Dr. Kalikorn and asked him to perform a new surgical procedure. Dr. Kalikorn booked 2000 of these and told the rest to seek care from another physician. What is his quantity supplied? Explain.
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