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What should be the marginal cost of a monopoly firm selling textbooks to students in a small town and is currently maximizing profit by charging a price of $48 a book and the elasticity of demand is 3/2?
Business Economics, Economics
Simplify a) Factor and find the vertex form x^2 +6x + 8 b) Factor the h value of of the vertex of 2x^2 - 10x - 30 c) Find the x-intercept and y-intercept of 5x - 4y=30
If the cost of vacation is $9,384.44, What would be the annual compound interest rate that would let their saving account accumulate to meet their vacation costs?
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?
Programming Assignment 1: A prime number is a positive integer evenly divisible by exactly two positive integers: itself and 1. The first five prime numbers are 2, 3, 5, 7, and 11. Sometimes two consecutive odd numbers a ...
What is Marginal Revenue? For both Perfect Competition and Monopoly, explain the relationship between marginal revenue and demand.
A population has a mean mu=90 and a standard deviation sigma=20. Find the mean and standard deviation of a sampling distribution of sample means with sample size n=254. mean/x= ? (simplify) sigma/x= ? ( type an integer o ...
Suppose a random variable Y has a mean E(Y ) = 12 and standard deviation SD(Y ) = 4. Suppose we define a new random variable Z = 3Y + 10. a. Determine the expected value (mean) of Z. b. Determine the standard deviation o ...
A particular manufacturing process is known to produce 0.3 proportion defective items. Suppose that a sample of 10 items produced by this process are selected at random. (a) The probability that the sample will contain e ...
For the following two questions, please, determine the correct hypothesis test, state the null and research hypotheses in words and in symbols, then conduct the hypothesis test, and report the results in writing. 1. A re ...
Assume that combined with borrowing and irrational exuberance have driven up the value of existing financial securities at a geometric rate, specifically from $4 to $8 to $16 to $32 to $64 to $128 over a six-year time pe ...
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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