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A corporation must appoint a president, a CEO, a CFO, a COO. It must also appoint a planning committee with three different members. There are 11 qualified candidates, and officers can also serve on the committee. How many different ways can the officers be appointed? How many different ways can the committee be appointed? What is the probability of randomly selecting the committee members and getting the three youngest of the qualified candidates?
Italy and France both have the resources to produce bread and wine. If Italy devoted all of its resources to either product, it could produce 150 gallons of wine or 600 loaves of bread in a given month. Draw a production possibility curve for each co..
A restrictive monetary policy, all else equal, will: Stating the dollar has strengthened against the yen means the dollar has depreciated.
Suppose air travel is a normal good. Also, jet fuel used in commerical airplanes is an input in the production of air travel. If consumers' incomes
Its excess supply curve is given by P=100+4X. The world price ratio Px/Py is P=200. It is suggested, but not required, that you use a graph
An in-kind transfer is a subsidy A. Of a specific consumption good. B. Repaid by services rather than income. C. Motivated by kindness rather than paternalism in the sense that the subsidized good is not a merit good. D. Organized through the governm..
Graph the supply and demand curves in this market. Be sure to put the quantity (Q) on the horizontal axis and the price (P) on the vertical axis. You may use quantities four (Q = 4) through twenty (Q = 15) by units of one (1) for your graph.
Illustrate what is the marginal revenue from selling another book for the author. Explain how does it compare to the marginal revenue
The manufacturer, Innovation Beverage, has developed a new breakfast drink, Break-C. Break-C will be packaged in an 8-oz can and introduced to the breakfast drink market, which is estimated to be 21 million 8-oz cans nationally. What is the contribut..
Explain each of these opposing statements, 1) The development of agricultural technologies was beneficial to mankind because it allowed more people to be supported; and 2) The development of agricultural technologies was harmful to mankind because it..
For lifestyle concerning energy use in homes or floating rotating house develop a strategy on what/how to analyze -find data, check and adjust. –mention your sources!- -calculate and make reasonable decisions –mention your assumptions!- -calculate ca..
How many tiers are there currently in the Cisco hierarchy of certifications and what are they?
Amelia buys coffee for $1 per cup and tea for 50¢ per cup; every day she drinks 1 cup of coffee and 2 cups of tea. Bernard buys coffee for 50¢ per cup and tea for $1 per cup; every day he drinks 2 cups of coffee and 1 cup of tea. Can you determine wh..
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