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Expected Value
- The weighted average of payoffs or values resulting from all the possible outcomes.
- An Example
- Success -- stock price increase from $30 to $40/share
- Failure -- stock price decrease from $30 to $20/share
#question.explain three neccessary condition to achieve pareto efficiency.
1. Cost minimizing firms must be profit maximizing as well. False, why??
Direct Marketing This is a marketing tool designed to elicit instant action from the customer through direct contact.
what is demand forecasting and defines its techniques
Students at XSU cannot register for english classes. Is this a situation of shortage or surplus of classes? Explain. Also would you expect market forces to do to tuition?
GENERAL PRINCIPLE OF EXTRACTION OF METALS
What is pigovian welfare economics
Supply of Basic Industrial Inputs: Allowing their duty-free imports by exporters would require an elaborate machinery of customs and import licensing to ensure that the impor
cobb douglas production function?
What currency was used in the 1700s? Ans) this is depends on the country. Most currencies, though, were based on gold and silver. In America, in the 13 colonies, tobacco wa
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