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Suppose that people mexpect the price of gasoline to fall in the bear future, show the impact of the expeted future in gasoline prices on the current demand for gasoline by shifting the demand curve on a graph.
Business Economics, Economics
An urn contains 5 red and 10 blue balls. Balls are drawn sequentially from urn without replacement. Let X be the number of draws necessary in order to obtain exactly 4 red balls. Find probability mass function of X
You created a new parenting program and you are interested in testing its impact on parenting skills. To do so, you recruit a sample of parents and have them make a self-report parenting skills scale before participating ...
A probability experiment consists of rolling a 6-sided die. What is the probability of rolling a number less than 6.
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 ...
Leprosy, also called Hansen's disease, is a disease produced by infection with a bacterium called Mycobacterium leprae. It has a long incubation period (time between getting infected and developing the disease), usually ...
What are the characteristics of perfect competition, and does is exist in the real world?
The reason that would cause movement along demand curve is 1) income of the buyers. 2) availability of close substitutes. 3) a change in the price of the good itself. 4) non of the above
In a population of Ph.D students 50% have paid assistant ships. A random sample of n=200 students are chosen. What is the expected number of students who have paid assistant ships in this sample?
The probability that a regular scheduled flight departs on time is .83; the probability that it arrives on time is .82; and the probability that it departs and arrives on time is .78. Find the probabilty that a plane arr ...
What are the key principles and tenets that any educated person should know regarding the science of economics and their applicability in the world today?
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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