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A crops mean for 3 years of production was 2,682,587 tons. On the 4th year the crop produced 3,037,534. How do I find the percent increase from the mean to the 4th year?
Business Economics, Economics
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Suppose the quantity of fish purchased by Mr Singh family is 21 kilos per year when the price is $11.50 per kilo and 17 kilos per year when the price is $20.50 per kilo. Calculate the price elasticity of demand coefficie ...
What are the characteristics of perfect competition, and does is exist in the real world?
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There is a proposal for a new Special Economic Zone in New Jersey. Based on the other examples of SEZs that we have read about, what are the pros and cons of this policy for various stakeholders?
What is the best point estimate for the population's variance if the sample variance is 41.5? Round your answer to one decimal place, if necessary.
Demand: Qd=900-2P+3Pa+0.4M+1.5A Supply: Qs=45500-0.5P Qd = Quantity demanded P = Price of Myvi car (in RM) Pa = Price of Produa Asia (in RM) M = Average consumer income (in RM) A = Promotional expenses Qs= Quantity deman ...
What do economists mean when they say "that here is no such thing as a free lunch"?
If unemployment rate is 5.5% and underemployed, unemployed and discouraged workers is 8.4%. What is % of underemployed and discouraged. Is it as easy as just 8.4-5.5?
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