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Suppose a firm has a fixed $100 to spend on K=10, W=5.
What combinations of inputs can the firm buy?
What is the equation for the line that represents all of these combinations?
Business Economics, Economics
Suppose that the forward rate F at 6 months between $ and Euro is Euro = $1.2 The interest rate at six months in the Euro Area and in the USA is i Euro =3% i USA=2% What is the spot exchange rate? [x] a.Euro = $1.21 b.Eu ...
A mood questionnaire has been established so that the scores form a normal distribution with μ = 50 and σ = 15. A psychologist would like to use this test to examine how the environment affects mood. A sample of N = 25 i ...
What is the 97% confidence interval for a sample of 104 soda cans that have a mean amount of 15.10 ounces and a standard deviation of 0.08 ounces?
What are the four main points of difference in terms of utility, value, rationality, and equilibrium between the classical and neoclassical schools of thought? Briefly describe each one.
a. Suppose that, for a given year, national saving in a country (an open economy) equals 100, private consumption equals 50, and government consumption equals 20. What is the level of output in this country in this year? ...
Suppose the market for candles is perfectly competitive and is currently in equilibrium what will happen if candles are later linked to more houses catching on fire.
Part a) The mean of the sample was calculated as 500. The sample of 25 observations was randomly drawn from a population whose standard deviation is 15. Estimate the population means with 99% confidence. Part b) A random ...
Forty-nine percent of US teens have heard of a fax machine. You randomly select 12 US teens. Find the probability that the number of these selected teens that have heard of a fax machine is exactly six (first answer list ...
If we compare and contrast the four market structures, it is evident that one market structure is most practiced and evident in the United States. It is the one that promotes and strives on competition. It is the one tha ...
Suppose that the value of the US dollar? ($) yesterday was? $1 = 4 yen. Today the exchange rate changed such that? $1 = 2 Yen. Given that the US dollar has? depreciated, the aggregate demand in the United States should A ...
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