Economics

Seven movies are playing in town and you are planning to see 2 of them this weekend. How many ...

Seven movies are playing in town and you are planning to see 2 of them this weekend. How many ...

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Jgal   61   1 Reply

crusherpsg

The demand for a product varies from month to month. Based on the past year's data, the following ...

The demand for a product varies from month to month. Based on the past year's data, the following ...

[html]The demand for a product varies from month to month. Based on the past year's data, the following probability distribution shows MNM c

manonvsb   49   1 Reply

windytodai

The number of bad checks received per day by a store and the respective probabilities are shown ...

The number of bad checks received per day by a store and the respective probabilities are shown ...

[html]The number of bad checks received per day by a store and the respective probabilities are shown below.

 

jared8mp   61   1 Reply

Sagxar

Exhibit 5-1The following represents the probability distribution for the daily demand of computers ...

Exhibit 5-1The following represents the probability distribution for the daily demand of computers ...

[html]Exhibit 5-1
The following represents the probability distribution for the daily demand of computers at a local store.

srsbiz   50   1 Reply

Hollywood1971

Exhibit 5-6A sample of 2,500 people was asked how many cups of coffee they drink in the morning. You ...

Exhibit 5-6A sample of 2,500 people was asked how many cups of coffee they drink in the morning. You ...

[html]Exhibit 5-6
A sample of 2,500 people was asked how many cups of coffee they drink in the morning. You are given the fo

tweb28   58   1 Reply

realistpnoy

The number of electrical outages in a city varies from day to day. Assume that the number of ...

The number of electrical outages in a city varies from day to day. Assume that the number of ...

[html]The number of electrical outages in a city varies from day to day. Assume that the number of electrical outages (x) in the city has the following probability d

gyoku2302   46   1 Reply

dioxy186

The average starting salary of this years graduates of a large university (LU) is $20,000 with a ...

The average starting salary of this years graduates of a large university (LU) is $20,000 with a ...

[html]The average starting salary of this year’s graduates of a large university (LU) is $20,000 with a standard deviation of $8,000.  Furthermore, it is known that

pjstaud   52   1 Reply

silvermoon197

Exhibit 6-4f(x) =(1/10) e-x/10x 0Refer to Exhibit 6-4. The mean of x is

Exhibit 6-4f(x) =(1/10) e-x/10x 0Refer to Exhibit 6-4. The mean of x is

[html]Exhibit 6-4

f(x) =(1/10) e-x/10     x

Befuddled   59   1 Reply

flash33101

Exhibit 6-4f(x) =(1/10) e-x/10x 0Refer to Exhibit 6-4. The probability that x is between 3 and 6 is

Exhibit 6-4f(x) =(1/10) e-x/10x 0Refer to Exhibit 6-4. The probability that x is between 3 and 6 is

[html]Exhibit 6-4

f(x) =(1/10) e-x/10     x

drdoombot   50   1 Reply

Tram Nguyen

Exhibit 6-4f(x) =(1/10) e-x/10x 0Refer to Exhibit 6-4. The probability that x is less than 5 is

Exhibit 6-4f(x) =(1/10) e-x/10x 0Refer to Exhibit 6-4. The probability that x is less than 5 is

[html]Exhibit 6-4

f(x) =(1/10) e-x/10     x

daogrady   74   1 Reply

ochie92

In a standard normal distribution the value of z

In a standard normal distribution the value of z

[html]In a standard normal distribution the value of z 

▸ ca

jwalker824   83   1 Reply

armywahine

Alpha Bank has $100,000 in total assets and $45,000 in total liabilities.

Alpha Bank has $100,000 in total assets and $45,000 in total liabilities.

Scenario: Alpha Bank has $100,000 in total assets and $45,000 in total liabilities. Beta Bank has $250,000 in total assets and $220,000 in total liabilities.


Refer to the scenario above. What is NOT Beta Bank's other option in

Anonymous   110   1 Reply

Anonymous

2.Consider the late NBA superstar Kobe Bryant and one of your economics professors. Who is likely t

2.Consider the late NBA superstar Kobe Bryant and one of your economics professors. Who is likely t

Pankaj Sharma

Post Merge: 11 months ago

2.   Consider the late NBA superstar Kobe Bryant and one of your economics professors. Who is likely to receive more economic rent in his/her job? Explain your answe

Pankaj Sharma   294   1 Reply

hpascoe

European Central Bank headquarters.

European Central Bank headquarters.

Can there be advantages to have one more European central bank say in Berlin, Germany or any other European union EU country?

I mean Two European central banks.

If yes, what could be the impact?
If no,why?

prashantakerkar   100   1 Reply

Anonymous

Suppose you hear Professor I.M. Dismal say, "There is no substitute for carefully reading your textb

Suppose you hear Professor I.M. Dismal say, "There is no substitute for carefully reading your textb

Suppose you hear Professor I.M. Dismal say, "There is no substitute for carefully reading your textbook!" In the real world, students
A) will always and absolutely obey their professor's orders.
B) will purchase the textbook

Sublight2097   742   5 Replies

Anonymous

Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in producer ...

Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in producer ...

Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in producer surplus is
A) 25.
B) 5.
C) 12.5.
D) 20.

MrGrimey   378   3 Replies

bio_man

How Soon Is Now?

How Soon Is Now?

In context of the constant paranoia what will happen with the world economy, will we see new great depression as manufactured century cycle, or will witness remodeling towards planned economy and amalgam between socialism and capitalism, or we gonna

123

Odiseizam   651   29 Replies

Odiseizam

If the price of refillable butane lighters was to decrease, then

If the price of refillable butane lighters was to decrease, then

If the price of refillable butane lighters was to decrease, then
A) the demand for butane would decrease.
B) the demand for butane would increase.
C) the quantity of butane demanded would increase.
D) the quantity of butane deman

Tidy   1260   4 Replies

Anonymous

Harry and Gus fish the same lake together from the same boat. Each morning Harry typically catches e

Harry and Gus fish the same lake together from the same boat. Each morning Harry typically catches e

Harry and Gus fish the same lake together from the same boat. Each morning Harry typically catches either 20 bluegills or 5 walleyes (depending on how deep he fishes) while Gus typically catches either 20 bluegills or 2 walleyes (depending on how dee

Simran Preet2   94   1 Reply

blo23

If a local transit authority stopped price discrimination, which would most likely not occur?

If a local transit authority stopped price discrimination, which would most likely not occur?

If a local transit authority stopped price discrimination, which would most likely not occur?
A) profits would fall
B) revenues would decrease
C) more seniors would ride the bus
D) fewer seniors would ride the bus
E) fewer ch

Tragamin   219   3 Replies

Anonymous

A U.S. firm currently produces 200 units of output according to the production function q = L0.5K0.5 ...

A U.S. firm currently produces 200 units of output according to the production function q = L0.5K0.5 ...

A U.S. firm currently produces 200 units of output according to the production function q = L0.5K0.5 and faces input prices equal to wU.S. = rU.S = $11. Should the U.S. firm move their company abroad where they will face input prices equal to wabroad

Lola617   161   2 Replies

Anonymous

Using normal costing the amount of supervisory salaries to allocate is determined by calculating

Using normal costing the amount of supervisory salaries to allocate is determined by calculating

Using normal costing the amount of supervisory salaries to allocate is determined by calculating
A) actual direct-cost rates times actual quantities of direct-cost inputs.
B) actual indirect-cost rates times actual quantities of cost-alloca

pduvin   193   3 Replies

Anonymous

Emily's income is $400. She only buys goods X and Y.FIGURE 6-13Refer to Figure 6-13. When the price ...

Emily's income is $400. She only buys goods X and Y.FIGURE 6-13Refer to Figure 6-13. When the price ...

[html]Emily's income is $400. She only buys goods X and Y.

merrisara   171   2 Replies

Anonymous

Tim Horton's coffee cups litter downtown Ottawa, creating a negative externality. In this ...

Tim Horton's coffee cups litter downtown Ottawa, creating a negative externality. In this ...

Tim Horton's coffee cups litter downtown Ottawa, creating a negative externality. In this situation, the
A) marginal private benefits of drinking a coffee are more than the marginal social costs.
B) marginal social costs of drinking a

Laurent   300   3 Replies

Anonymous

Gina used to spend $120 a month at the movies. After the most recent price rise, Gina is now ...

Gina used to spend $120 a month at the movies. After the most recent price rise, Gina is now ...

Gina used to spend $120 a month at the movies. After the most recent price rise, Gina is now spending $110 a month at the movies. This tells us that Gina's demand for movies is ________ because her total spending on movies ________.
A) inel

Tragamin   339   2 Replies

Anonymous

A technological breakthrough lowers the cost of yoga mats. If the demand for yoga mats is price ...

A technological breakthrough lowers the cost of yoga mats. If the demand for yoga mats is price ...

A technological breakthrough lowers the cost of yoga mats. If the demand for yoga mats is price inelastic, yoga mat sales
A) decrease and total revenue increases.
B) decrease and total revenue decreases.
C) increase and total revenue

Phydeaux   1188   4 Replies

holyman

The marginal benefit and marginal private cost curves for aphrodisiacs are given as follows: MB = ...

The marginal benefit and marginal private cost curves for aphrodisiacs are given as follows: MB = ...

The marginal benefit and marginal private cost curves for aphrodisiacs are given as follows:
   MB = 200 - Q   MPC = Q
In addition to private costs, there is a marginal external cost of $10 per unit of output.  What is the efficient level

Satsume   1009   7 Replies

boransal

Refer to Scenario 3.1. If the price of potato chips is $0.50 and the price of Cola is $4.00, and ...

Refer to Scenario 3.1. If the price of potato chips is $0.50 and the price of Cola is $4.00, and ...

Refer to Scenario 3.1.  If the price of potato chips is $0.50 and the price of Cola is $4.00, and Andy has an unlimited income, how many units of potato chips will he consume?
A) 5
B) 6      
C) 7     &nb

corie   299   4 Replies

Anonymous

Refer to Scenario 3.1. If the price of potato chips is $0.50 and the price of Cola is $4.00, and ...

Refer to Scenario 3.1. If the price of potato chips is $0.50 and the price of Cola is $4.00, and ...

Refer to Scenario 3.1.  If the price of potato chips is $0.50 and the price of Cola is $4.00, and Andy has an income of $14.50, how many units of potato chips will he consume?
A) 5      
B) 6      
C

Satsume   837   6 Replies

Anonymous

Suppose there are 10 apples and 10 oranges in the economy. Joe is currently consuming 4 apples and ...

Suppose there are 10 apples and 10 oranges in the economy. Joe is currently consuming 4 apples and ...

Suppose there are 10 apples and 10 oranges in the economy.  Joe is currently consuming 4 apples and 5 oranges, and Jane is consuming 6 apples and 5 oranges.  At this allocation, Joe's marginal utility of apples is 3, and his marginal u

corie   220   3 Replies

boransal

Viki has a $1,000 deposit that earns 5% at Canada Trust bank. Clinton proposes that she withdraw ...

Viki has a $1,000 deposit that earns 5% at Canada Trust bank. Clinton proposes that she withdraw ...

Viki has a $1,000 deposit that earns 5% at Canada Trust bank. Clinton proposes that she withdraw this money and invest it in his art business. There is a 90% chance she can double her money, but a 10% chance she will lose the entire investment. Viki&

jhaygood86   245   2 Replies

Anonymous

Suppose 1,700 people will get a benefit of $20 from a public dog park. If the cost of building the ...

Suppose 1,700 people will get a benefit of $20 from a public dog park. If the cost of building the ...

[html]Suppose 1,700 people will get a benefit of $20 from a public dog park. If the cost of building the park is $54,000, is the park efficient? To cover the price of the park, the government decides to give each person who contributes a code to ente

JadeDeLair   135   2 Replies

Anonymous

The principal-agent problem of ownership vs. control of the corporation tends to get worse when:

The principal-agent problem of ownership vs. control of the corporation tends to get worse when:

The principal-agent problem of ownership vs. control of the corporation tends to get worse when
A) stock in a corporation is held exclusively by a small number of people who control the company's day-to-day operations.
B) stock in th

nakungth   218   4 Replies

boransal

Suppose your expenses for this term are as follows: tuition: $12,000, room and board: $6,500, books

Suppose your expenses for this term are as follows: tuition: $12,000, room and board: $6,500, books

Suppose your expenses for this term are as follows: tuition: $12,000, room and board: $6,500, books and other educational supplies: $1,500. Further, during the term, you can only work part-time and earn $3,500 instead of your full-time salary of $14,

Tidy   749   4 Replies

Dropx

The graph in this figure illustrates an initial competitive equilibrium in the market for apples at ...

The graph in this figure illustrates an initial competitive equilibrium in the market for apples at ...

[html]Figure 3-8

12

rsbains   1117   18 Replies

Anonymous

Jane is attempting to maximize utility by selecting a market basket of goods. For each of the goods ...

Jane is attempting to maximize utility by selecting a market basket of goods. For each of the goods ...

Jane is attempting to maximize utility by selecting a market basket of goods.  For each of the goods in the market basket the marginal utility per dollar spent is equal.  There are some goods which are affordable but do not appear in the Ja

Satsume   209   2 Replies

Anonymous

When airlines overbook a flight and passengers are paid to take a later flight, which category of pa

When airlines overbook a flight and passengers are paid to take a later flight, which category of pa

When airlines overbook a flight and passengers are paid to take a later flight, which category of passenger is most likely to give up their reservations?
A) Passengers not in a hurry
B) Poor passengers
C) Selfish passengers
D) Uns

Sublight2097   500   4 Replies

Anonymous

The country described in the table below produces and consumes only three goods: energy drinks, ...

The country described in the table below produces and consumes only three goods: energy drinks, ...

[html]The country described in the table below produces and consumes only three goods: energy drinks, pizza, and t-shirts. The quantity produced and price of each good in 2016 and 2017 are provided.

lbsusugar   101   3 Replies

dioxy186

Define the term rationing device and give an example of each of three possible rationing ...

Define the term rationing device and give an example of each of three possible rationing ...

[html]Define the term rationing device and give an example of each of three possible rationing devices.  Explain how scarcity implies

endah87   37   1 Reply

traumajeff

Define the term scarcity and discuss two of its consequences.

Define the term scarcity and discuss two of its consequences.

Define the term scarcity and discuss two of its consequences.

danny2012   32   1 Reply

rl679