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Suppose in a large department store, the average number of shoppers is 448, with a standard deviation of 21 shoppers. We are interested in the probability that a random sample of 49 different shoppers will yield a sample mean between 441 and 446 shoppers. Create and attach a normal curve to this document with the following elements: the normal curve, a label of the average number of shoppers, and labels for the sample means of 441 and 446 shoppers. Include all the appropriate symbols.
The consumer's utility function is u(x1,x2) = (x1) (x2)^2 (a) Graph his budget constraint for p1 = 3, p2 = 2 and M = 900, and write down the equation for his budget line. (b)
Examine two (2) tenets of the mercantilist school. Determine whether you agree or disagree with these principles. Provide at least two (2) reasons to support your answer
Do we get paid nominal or real wage?
what is gdp
A person chooses between leisure and consumption. All of their consumption comes from current income. The utility derived from any combination of leisure and consumption is given b
what is GDP
In your answer, discuss the Federal Reserve's use of open-market operations to influence the money supply and the respective consequences of such actions. Include a discussion of t
what is the company lidted in NASDAQ that is included in the dow jones industrial average
1) Consumption is positively related to stock market wealth but negatively related to taxes and tax rates.
A budget deficit is defined as: A. accumulated surpluses minus accumulated deficits. B. a shortfall of revenues compared to expenditures. C. accumulated deficits minus accumulated
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