Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Microeconomics Expert

Economics


Home >> Microeconomics

On 3 November 2009, the blog lifehacker.com contained a posting by an individual with chronic toenail fungus. He remarked that after many years of suffering and trying all sorts of cures, he resorted to sanding his toenail as thin as he could tolerate, followed by daily application of vinegar and hydrogen-peroxide-soaked bandaids on his toenail. He repeated the vinegar peroxide bandaging for 100 days. After this time his nail grew out and the fungus was gone. Using the language of statistics, what kind of evidence is this? Is this convincing evidence that this procedure is an effective cure of toenail fungus?

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M91725236

Have any Question?


Related Questions in Microeconomics

Question suppose that the government cuts taxes in response

Question: Suppose that the government cuts taxes in response to a recessionary gap, but because of legislative delays the tax cut is not put in place for 18 months. Assuming that the government's objective is to stabiliz ...

Question a 250-gallon reactor cost exist7h0000 when it was

Question: A 250-gallon reactor cost exist7H0,000 when it was constructed 20 years ago. What would a 750-gallon model cost today if the power-sizing exponent is 0.56 and the construction cost index for such facilities has ...

Question why is or is not addiction or the war on drugs

Question: Why is or is not addiction, or the war on drugs more broadly, an appropriate topic for health economists to study? What insights or perspectives could economists add? The response must be typed, single spaced, ...

Fran has a monthly income of 60 she spends her money making

Fran has a monthly income of $60. She spends her money making telephone calls (measured in minutes) at a price px and on other composite good y, whose price has been normalized to one, i.e., py = $1. Her mobile phone com ...

Question suppose there are two consumers a and b the

Question: Suppose there are two consumers A and B. The marginal rate of substitution of A is MRS = Y /X , A A A and that of B is MRS = Y /X. Draw an Edgeworth Box and show all the points at which exchange B B B efficienc ...

Question the discussion answers must be a minimum of 125

Question: The discussion answer(s) must be a minimum of 125 words of substance with any references cited in APA format. No copying and pasting of work previously done for someone else. Identify a firm which operates in m ...

Question give an orginal concise but thorough answer to the

Question: Give an orginal concise but thorough answer to the following questions. a. Define social responsibility. How does this view of the role of business differ from your previous perceptions? How is it consistent wi ...

Question a soap producer has two types of customer a and b

Question: A soap producer has two types of customer, A and B. Each will buy at most 1 pound per week. Type A customers will pay at most $6 for it, and Type B will pay at most $4. Production cost is $2 per pound. Using a ...

Question a consumer has the following utility function

Question: A consumer has the following utility function: U(x1,x2)=ln(x1)+2*ln(x2), where ‘ln' stands for the natural logarithm. Reminder - the derivate of ln(x1) with respect to x1 is 1/x1. a. Calculate the demand functi ...

Question -1 how does the fda face the problem of scarcity2

Question - 1. How does the FDA face the problem of scarcity? 2. Do you think that the FDA is making good choices in the face of scarcity? 3. Explain the trade-off that the FDA faces.

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

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

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

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 1150 payment made in ten

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

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As

Follow Us

© Copyright 2013-14 mywordsolution.com All rights reserved