Questions
Sometimes consumers don’t face the same prices. For example, a movie theater may offer cheaper tickets...
- Sometimes consumers don’t face the same prices. For example, a movie theater may offer cheaper tickets to senior citizens, or local restaurants may provide student discounts. How would different prices charged to different people change our model of the consumer problem? Would people end up at points on the ICs with the same slope upon solving their consumer problems? If not, why wouldn’t they be able to improve themselves through mutually beneficial trades (keeping in mind the movie ticket and meal examples provided above)?
In: Economics
Consider a home theater system consisting of a television set, a receiver, a DVD player, and...
Consider a home theater system consisting of a television set, a receiver, a DVD player, and speakers. Draw a system diagram for this system. Include both components and links.What are the inputs to this system? What are the outputs? (Remember that the DVD player and receiver are both components within the system). Now draw a system diagram for the receiver subsystem. Include both its primary components and the links between them. What are the inputs and outputs for the receiver subsystem?
Do these inputs and outputs confirm to the links connected to the receiver in your system diagram?
In: Electrical Engineering
You have just been hired by the U.S. government to analyze the following scenario.
You have just been hired by the U.S. government to analyze the following scenario. Suppose the U.S. manufacturing industry is concerned about competition from overseas low-cost producers exporting their goods to the United States, a practice that hurts domestic producers. Lobbyists claim that implementing a tariff on imports would shrink the size of the trade deficit. The following exercise will help you to analyze this claim.
The following graph shows the demand and supply of U.S. dollars in a model of the foreign-currency exchange market.
Shift the demand curve, the supply curve, or both to show what would happen if the government decided to implement the tariff.
Given this change, the dollar _______ .
Fill in the following table with the effect of a tariff on the following items:
In: Economics
In a price-taker market, each firm's short run supply curve is its marginal cost curve, above its minimum average total cost.
7) T/F In a price-taker market, each firm's short run supply curve is its marginal cost curve, above its minimum average total cost.
8) T/F The limited liability of stockholders in the corporate business structure makes it harder to raise equity capital.
9) T/F In the year 2008, nearly three out of four business firms in the United States were organized as proprietorships.
10) T/F When demand is relatively price inelastic, price and total revenue will change in the same direction.
11) T/F As business firms exit a perfectly competitive market, this will typically decrease the profits of those firm who remain in the market.
In: Economics
Rick Rocker, a nonresident alien, is interested in performing a rock concert in Chicago. A promoter...
Rick Rocker, a nonresident alien, is interested in performing a rock concert in Chicago. A promoter in the United States ("Promoter") has agreed to pay $1 million to Rocker to perform. Rocker himself incurs $400,000 in expenses in connection with the concert. Which of the following statements is true?
Question 18 options:
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In: Accounting
by utilizing this chi-Square Test answer the following question and explain what the table means. Are...
by utilizing this chi-Square Test answer the following question and explain what the table means.
Are Americans in favor of the use of unmanned drones by police agencies in the United States?
Table 4
Chi-Square Test for Association: Gender, Opinion
|
Gender |
-1 |
0 |
1 |
Total |
|
39 |
17 |
44 |
100 |
|
|
Male |
39.2 |
25.13 |
35.68 |
|
|
0.0010 |
2.6278 |
1.9409 |
||
|
39 |
33 |
27 |
99 |
|
|
Female |
38.8 |
24.87 |
35.32 |
|
|
0.0010 |
2.6544 |
1.9605 |
||
|
Total |
78 |
50 |
71 |
199 |
Note. Possible responses (-1, 0, and 1). -1 = Oppose, 0 = Not Sure, +1 = Favor. Columns represent observed, expected, and contribution to Chi-Square. p < 0.010.
In: Statistics and Probability
thoroughly discuss the pros and cons of the plea bargain as used in the American court...
thoroughly discuss the pros and cons of the plea bargain as used in the American court system, and to describe why the plea bargain is used so often, the mechanics of how a plea bargain comes about, and what some of the positive and negative outcomes of using it are.
For reference material, use at least your text and two or more of the following sources, and remember to identify passages in your essay where you are quoting, paraphrasing, or summarizing as well as the source you are using:
Justice Department of United States Government can you answer please be 500 words or more thank you
Department of Homeland Security
National Institute of Justice
National Criminal Justice Reference Services
Federal Bureau of Investigation (FBI)
In: Accounting
Indicate whether the statement is TRUE or FALSE. 1. Eurobonds are dollar denominated bonds issued in...
Indicate whether the statement is TRUE or FALSE. 1. Eurobonds are dollar denominated bonds issued in the United States by a US Corporation. 2. Federal funds are generally short-term unsecured loans while repurchase agreements are shortterm secured loans. 3. An investor providing direct financing requires a financial intermediary to facilitate the transaction. 4. Bond markets and stock markets are examples of capital markets as these markets are involved in the trading of short and long-term securities. 5. Bonds issued with call provisions give the bondholder the opportunity to purchase common stock at a prespecified price up to a specified date. 6. A par value bond is a bond that trades at a value equal to its face value
In: Finance
What are the three economic questions that every society must answer? How are they typically answered...
- What are the three economic questions that every society must answer? How are they typically answered in a mixed economy like the United States? Provide examples and explain your answer.
- Economics assumes that people act rationally. What does this mean? Why is this assumption made? Provide examples and explain your answer.
- What is the Law of Demand? Explain the difference between a change in demand and a change in the quantity demanded. Provide an example from the gasoline market.
- Other than price, what are the determinants of supply? Provide three examples from the consumer market for gasoline.
- What does market equilibrium mean? Provide two examples of how market equilibrium in the consumer market for gasoline market could change.
In: Economics
1. What makes the binomial distribution unique? What are its characteristics? Give a real-world example of...
1. What makes the binomial distribution unique? What are its characteristics?
Give a real-world example of a distribution of data that would
be considered binomial.
2. Solve the following problem:
About 30% of adults in United States have college degree.
(probability that a person has college degree is p = 0.30).
If N adults are randomly selected, find probabilities that
1) exactly X out of selected N adults have college degree
2) less than X out of selected N adults have college degree
3) greater than X out of selected N adults have college
degree
Choose your numbers for N and X.
In: Statistics and Probability