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A student majoring in anthropology and minoring in computer science has embarked on a research project to see if African baboons can be taught about deadlocks. He locates a deep canyon and fastens a rope across it, so the baboons can cross hand-over-hand. Several baboons can cross at the same time, provided that they are all going in the same direction. If eastward moving and westward moving baboons ever get onto the rope at the same time, a deadlock will result (the baboons will get stuck in the middle) because it is impossible for one baboon to climb over another one while suspended over the canyon. If a baboon wants to cross the canyon, it must check to see that no other baboon is currently crossing in the opposite direction. Write a program using semaphores that avoids deadlock. Do not worry about a series of eastward moving baboons holding up the westward moving baboons indefi- nitely.
Car Wash Intl. is considering four possible sites for its new operation in Houston area. In the past three years, they had witnessed growth in demand for car washes from 2 thousand vehicles a year, to 6 thousand. use break even analysis, plot break-e..
For each one of the costs below, explain whether the resource cost is explicit or implicit, and give the annual opportunity cost for each one. Assume the owner of the business can invest money and earn 10 percent annually. Computer programmers cost $..
Write a brief essay analyzing the above situation using the tools of market supply and demand and cost analysis that we have developed in this course, drawing graphs as needed to illustrate your analysis. The goal is to carefully and rigorously expla..
Determine a best response to the following: Explain how Fortune 500 companies can use a data classification standard similar to the US Government and how/why it fits with the IT Security Policies already in place.
In the special case of 100-percent-reserve banking, the reserve ratio is 1, the money multiplier is 2, and banks create money. In the special case of 100-percent-reserve banking, the reserve ratio is 1, the money multiplier is 1, and banks do not cre..
When the absolute value of the own price elasticity of demand is zero, demand is:
You are the owner of a local Honda dealership. Unlike other dealerships in the area, you take pride in your "No Haggle" sales policy. Last year, your dealership earned record profits of $1.9 million. In your market, you compete against two other deal..
Suppose instead that the station seeks to maximize its profit from sales of the DVDs. Illustrate what price should it charge. How many DVDs should it order from which supplier.
n 1978 China introduced its "one child" policy to limit population growth. Due to selectice abortions, this has led to an enormous increase in the male/female sex ratio at birth. What would this new sex ratio do to the bargaining power of women in t..
Theory suggests that, in the absence of market failures, placing an excise tax on the market for a good leads to a deadweight loss for society. Think about a situation where the government instead subsidizes the purchase of the good. This subsidy is ..
You are the manager of a business in a monopoly market with the following inverse demand function. In addition, assume your production technology is described by the total cost function.
You know from data collected on the Widget Market that market demand and market supply have both increased recently. As manager of the facility, what decisions should you make regarding production levels and pricing for your Widget facility?
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