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What is "monopolistic" about monopolistic competition? What is "competitive" about a monopolistically competitive market? Please explain.
Business Economics, Economics
Why did prior to 1945 nearly all neoclassical economists agreed that democracy and capitalism were natural enemies?
A researcher wishes to estimate the mean number of hours per week that children in the 10 to 12 year age range spend viewing television. How large a sample should be selected so that the estimate is within 0.25 hours of ...
If the coefficient of determination is 0.738, what percentage of the data about the regression line is unexplained?
You're trying to save to buy a new $190,000 BMW 3 series sedan. You have $40,000 today that can be invested t your bank. The bank pays 4.8% annual interest on its accounts. How long will it be before you have enough to ...
Answer in true or False: 1) Compensation of employees is the largest component of national income. 2) National income is the income that individuals and firms earn from their production.
A random sample of 19 college? men's basketball games during the last season had an average attendance of 5,046 with a sample standard deviation of 1,753. a. Construct a 99?% confidence interval to estimate the average a ...
In a certain city, a school administrator hypothesized that students enroll in school within 5 km from their homes. To check this claim you asked 30 student from the said city and you found that the mean distance between ...
The time spent (in days) waiting for a heart transplant can be approximated by a normal distribution. Day range of 60-200. u=129 o=20.2. (a) What is the shortest number of days spent that would put a patient in the to ...
A National Center for Health Statistics report based on 1985 data states that 30 percent of American adults smoke. Consider a simple random sample of 17 adults. Find the probability that the number of smokers in the samp ...
Some people (e.g Hayek) argue that decentralization of economic decisions in the economy lead to an efficient resource allocation. What differences exist within the firm that make the link between decentralization and ef ...
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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