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The standard deviation of win percentage for the 32 teams in the NBA in 2005-2006 was .134; the NBA plays 82 game season. The standard deviation of win percentage for the 32 teams in the English Premier League in 2005-2006 was .158; the EPL plays a 38 game season. Compute the idealized win percentages for the Nba and the EPL. Which league has more competitive balance?
1list the determinants of aggregate demand by component.list the determinants of short-run aggregate supply.3draw
Consider a simple economy, with just three occupations: subsistence producer, industrial worker, and entrepreneur. Subsistence producers can produce some fixed amount valued $2,000 with their labor. An industrial worker can earn a wage w. An entrepre..
Do you think firms should earn an economic profit and monopolists always charge the highest price possible and earn short run economic profits. Why is this? If you disagree explain.
question nbspnbspnbspnbspnbspnbspnbsp you are given the following data about two
It is supposed that the liquid soap market is perfectly competitive and current price of a case of liquid soap is $42.00. The firm has estimated it's marginal cost function to be as follows: MC=0.006Q.
Company A plans to produce 300,000 units next year, the production budget is: Compute the total cost and cost per unit when the unit production is changed to 315,000 units.
What is the effect of increasing G by 310 and expanding money supply to 940.
How would you characterize your demand for health insurance — elastic or inelastic? Does the price elasticity of health insurance vary with age, ethnicity, gender, etc.? Does it vary depending on the type of medical procedure needed
Hypothesize the basic short-run and long-run behaviors of the model in the industry you have chosen in a market economy. and analyze at least three (3) possible areas for the industry that could lead to transaction costs, and explain each in detail.
what is elasticity? identify products which have an elastic demand. identify products which have an inelastic demand.
discuss the various ways that distribution adds value or utility to a product or service the impact that wholesalers
In multiple regression analysis, explain why the typical hypothesis that analysts want to test is whether a particular regression coefficient (B) is equal to zero (H0: B 0) versus whether that coefficient is not equal to zero ( H1: B 0).
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