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let f(x) = ( x^3/5000)(10 - x) and x be a variable contained in the interval [0,10] and f(x) = 0 for any other value of x. a. Prove that f(x) is probability density function. b. Find its cumulative distribution function. c. find p(1<=x<=4) d. show that P(x=6)=0 e. draw a diagram that correctly resembles each of the case (c, d, e)
Explain how will different cultural perspectives of a region impact your global business operations.
Task 1 - Commercial banks in United Economy have total deposits of AED 300 billion. Their reserves are AED 15 billion, two- thirds of which are with the Central Bank as deposits. There are AED 30 billion notes outside the banks. There are no coins..
Assume that the marginal cost of a cup of coffee is 10 cents. Assume that the seller can use a two-part tariff coffee purchasing plan (where plan has a price per cup and an entry fee). Concretely, the amount of money that consumer spends on X cups..
American Mining Company is interested in obtaining quick estimates of the supply and demand curves for coal.
Suppose production of this good imposes external costs of $10 for each unit produced. Does this cause an over or an underallocation of resources to production of this good
Joe the Plumber runs a competitive firm. He does 20 works per week, and charges $50 per week. His total cost each week is $1200, of which $300 is Fixed cost. Draw a diagram about his short and long run decision.
prefectly compeitve and monopolistcally competitve markets achieve a tangecy between the firm's dd demand curve and its average cost curve , the tengency for a monopolistic compeetitor, while displays the tegency for a perfect competitor.
Explain how do changes in interest rates, inflation, productivity and income affect exchange rates.
Show whether change causes a shift in supply curve, a shift in demand curve, a movement along the supply curve, and/or a movement along the demand curve.
1. suppose that the production of 1 million worth of steel in canada requires 100000 worth of taconite. canadas normal
What is meant by monopolistic competition? Explain and critically analyse Chamberlin's theory of monopolistic competition.
1.Suppose the equilibrium price in a competitive price taker market is $10 and a firm in the industry charges $9 which of the following is true? a-the firm will not be able to sell any output b-the irm will sell less output than its competitors c-t..
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