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When it is costly or impossible to exclude someone who hasn't paid to use a particular good from using it, then that good is classified as being: a. public good b. free rider c. un excludable d. non excludable
Business Economics, Economics
In what kind of economy is a central planning board or commission typically used to answer the basic economic questions?
Suppose the Federal Reserve sets the reserve requirement at 15 percent, banks hold no excess reserves, and no additional currency is held. a. What is the money multiplier? b. By how much will the total money supply chang ...
A population has a mean μ=83 and a standard deviation σ=26. Find the mean and standard deviation of a sampling distribution of sample means with sample size n=247.
1. Under what circumstances is it advantageous for a company competing in foreign markets to concentrate its value chain activities in a select few locations? Under what circumstances is it advantageous for a company com ...
Imagine you've started a new pizza restaurant. It costs you about $6 to produce a pizza. Last week you sold 500 pizzas for $12 each. This week you raised your price and sold 375 pizzas for $14 each. What price should yo ...
What are some ways being able to visually see data in a graphic presentation beneficial?
How to perform a regression for barrels sold vs. US Pop. Write the estimated regression equation? The barrels sold are the dependent variables while US Pop is the independent variable.
The distribution of heights of adult American women is approximately normal with a mean of 64 inches and standard deviation of 2 inches. What percent of women is taller than 68 inches?
Could you please help me to solve the following economics question? "Universal Studios has decided to open a new theme park called Universal Studios Indiana. It will feature the usual attractions other Universal Studios ...
Since quotas do not raise revenues but have the same trade effects as do tariffs, why not just have tariffs? Why would the government impose quotas when tariffs not only would reduce imports but also bring in new revenue ...
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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