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You are offered 2 investment opportunities. With opportunity you can gain $200k with probability 0.6 or lose $100k with probability 0.4; you can gain $50 with probability 0.3 or gain nothing with probability 0.7.
Which investment opportubity do you choose?
Sandstone Corp has one manufacturing plant that operates on a single-shift/5 day workweek. The plant operates at full capacity (24000 units per week) WITHOUT overtime or extra shifts. At what volume of additional unit output does it make sense to ope..
Discuss why some governments decide that it is undesirable to leave the provision of private goods, such as train travel, to the private sector.
During the recent 2007-2009 economic contraction, nominal interest rates fell to nearly 0%while the rate of inflation remained positive. What happened to the real interest rate? How would this movement in the real interest rate affect decisions to sa..
Which of the following helps to explain why time lags cause monetary policy to be difficult to conduct?
The minimax regret approach is
Describe what gross domestic product is and how it is measured. There are several transactions that are excluded from measuring GDP such as financial transactions, second-hand goods, etc.
Duopoly quantity-setting firms face the market demand p = 150 − q1 − q2. Each firm has a marginal cost of $60 per unit. What is the Nash- Cournot equilibrium?
You purchase a new smartphone for $650. Suppose that during one year, there is a 0.2 probability that you will drop the phone, a 0.2 probability you “send it for a swim” (drop it in water), and a 0.6 probability you avoid all accidents. If you drop t..
What are the ethical issues at stake when companies permit employees to use personal technologies on the job? What are the implications for all stakeholders?
What design considerations would you have to think about when designing the mobile application?
Illustrate what should be the construction level if fixed costs rose to $48,000 per month?
With a basic understanding of change management, you will now turn your attention to the service transition process as a whole.
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