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Problem 3: (25points) Weekly residential trash hauling is subject to enormous economies of density. Once a single firm is in the neighborhood picking up garbage, it costs very little to pick up refuse from another customer. As a result, collusion among private companies often seeks to divide market areas to maximize monopoly profits. To illustrate […]

Approximately 76% of baby boomers aged 43 to 61 are still in the workforce. Six baby boomers are selected at random.A. What is the probability that exactly one of the baby boomers is still in the workforce?B. What is the probability that at least five of the baby boomers are still in the workforce?C. What […]

Children’s Literature Exam 8 Question 1 of 20 Which one of the following statements about aesthetic and creative development is N0T true? A. Aesthetic development denotes a person’s increasing sensitivity to and appreciation of beauty in art and nature. B. Creative activity is developmentally important, but it is not a valid educational experience in itself. […]

Introduction:Social Media as a Managerial Communications ToolAs Guffey and Lowy (2015) note, an organization’s interest in social networking sites “is not surprising if we consider that 73% of Millennials, also called Generation Y, regularly socialize and chat online. An average of 55% of all consumers between 14 and 75 regularly visit social online communities. Clearly, […]

The boss wants to trial a new meal system. He wants 85% of potential customers interested in the plan. He wants them to have an average cost they are willing to pay for the meals to be 47.50 And he wants me to be 95% sure of my findings.Of the 50 potential customers interviewed, 34 […]

Free trade with no government interference is certain to hurt some domestic industries that are not competitive globally. Workers in the U.S. textile industry, for example, may lose jobs to workers in lower wage economies. Yet consumers in the U.S. like to purchase inexpensive, quality goods.Government policy can affect demand through product standards, influence rivalry […]

Emerson and Dakota formed a partnership dividing income as follows:Annual salary allowance to Emerson of $44,000Interest of 8% on each partner’s capital balance on January 1Any remaining net income divided equally.Emerson and Dakota had $29,400 and $148,300, respectively in their January 1 capital balances. Net income for the year was $202,000.How much net income should […]

Exercise #18: HEARSAYReview the following scenarios and state whether the following statements constitute hearsay.1.As a testifying witness in her mother’ s personal injury trial, Mary is asked whether shetalked with her mother on the day of her accident. Mary replies: “Yes, I remember because mymother said, ‘It is supposed to snow today’ when I asked […]

SP3450ProjectPROJECT: SOCIAL PSYCHOLOGY IN ACTIONProject Introduction:Imagine that your audience is completely unfamiliar with social psychology principles. They will use yourproject as reference. In this project, you will provide your audience with an overview of the field of socialpsychology, and explain the key principles associated with its practice.In Project Part 1, you will focus on topics […]

Consider a small open economy that produces steel and cloth under Heckschel Ohlin condition, using 200 units of capital and 135 units of labor.Under free trade conditions the two goods are produced using the capital-labour ratios:Ks/Ls=2 and Kc/Lc=0.5With these factor intensities, outputs of the two goods are given by Qs=5Ks and Q=10Kc.a, How many units […]