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Can you give 2 examples of of people who work part time for economic reasons and 2 examples of people who work part time for non economic reasons?
Business Economics, Economics
You ask your roommate to mail a letter for you. Suppose there is a 0.21 probability your roommate will forget to mail it. Should your roommate mail your letter, there is a 0.9 probability that Canada Post will deliver t ...
A fair coin is flipped 3 times. The toss results are recorded on separate slips of paper (writing "H" if Heads and "T" if Tails), and the 3 slips of paper are thrown into a hat. a) Find the probability that all 3 tosses ...
Forty-nine percent of US teens have heard of a fax machine. You randomly select 12 US teens. Find the probability that the number of these selected teens that have heard of a fax machine is exactly six (first answer list ...
Assume that a perfectly competitive firm has the following revenue and cost functions: TC= 5625 +5Q + 0.01Q^2 AVC=5 + 0.01Q MC=5 + 0.02Q TR=20Q A) What is the level of output that maximizes profits, if any? Compute profi ...
Garber and Skinner suggest that the large per capital health spending in the US (and relatively low returns to health) are due to productive and allocative inefficiencies. Which inefficiency (if either) do you think char ...
Do you think that the taxicab industry in large cities would be subject to significant economies of scale? Why or why not?
Suppose that the government is coming up with an employment protection policy that requires firms to pay each laid-off worker two more months of salary after they are laid off. This essentially changes the variable adjus ...
A package contains 9 resistors, 2 of which are defective. If 5 are selected, find the probability of getting the following results. Please round the answer to six decimal places. 0 defective resistors P(0 defective)=
Suppose the production function for a firm is given by: q=4L 0.5 K 0.25 . In the short run, the firm has 16 units of capital. Find the Marginal Product of Labor (MP L ). Fill in the appropriate numbers in the function ...
American Heart Association is about to conduct an anti-smoking campaign and wants to know the fraction of Americans over 33 who smoke. Step 1 of 2: Suppose a sample of 1179 Americans over 33 is drawn. Of these people, 27 ...
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Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate
Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p
Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As
Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int
Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As