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Q. Explain the problem involved in consumer price Index? To explain the problems involved in calculating CPI we consider MP3 players. If you measure the average price of MP3 pl
Explain about the economies and diseconomies of scale. Economies and Diseconomies of Scale: a. There are economies of scale while long-run average total cost refuses as outp
Which economic system is the best solution to handling a crisis of epic proportion?
Syesha loves to eat Sunday breakfast at her local Scrambles restaurant. She usually orders a la carte. Her usual breakfast consists of 2 scrambled eggs, 1 piece of bacon and 2 link
illustrate the effects of a reeal wage existing in the labour market if it is perfectly competitive
state and explain two factors that cause the shifts in the balance of payments curve.
A) Suppose Jean Splicer, an investor, buys $300,000 of shares of stock in a diversified bundle of Bio-tech firms and exactly one year later sells those shares for $315,000. Assume
what do we mean when we say export are exogenous and import are endogeneos?
An experiment is explained by an exponential random variable with mean ? and x1 and x2. A proposed test of the hypothesis ?=2 next to the alternative ?=½ uses the critical region {
In a Poisson distribution U=4. A) What is the probability that X=2? B) What is the probability that X is 2?
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