Describe the price elasticity of the demand
Consequently, bridge traffic decreased 40 percent and revenues rose 170 percent in 2008 tolls were raised on Bridge X. Calculate the price elasticity of the demand for access to Bridge X.
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A sum of money Q will be received six years from now. The present worth of Q is $60 at 5% annual interest. What would be the value of Q in 10 years at the same interest rate?
A box contains 4 blue hats and 21 red hats. You choose four hats from the box. Determine the expected number of blue hats in your selection
Why would Kenyan government take 10% tax off the employee's paycheck because it is given the importance of the M-Pesa to the rising economic growth of the Kenyan economy?
Sketch the Lorenz curves for the urban and rural populations for 1998 and 2010. Be sure to carefully label your axes. Explain what do they tell you about changes in inequality over time in the Mexico?
Micromedia offer computer training seminars on a variety of topics, where each student works at a personal computer, practicing the particular activity that the trainer is presenting.
The Commerce Department revised its estimation of real GDP to $3.877 trillion, up from the earlier estimate of $3.835 trillion. Before adjusting for inflation, GDP was $4.603 trillion, up from $4.523 trillion.
The company set length of its warranty to answer in (a). Now they want to enhance the reliability of its TV. How much they need to enhance the mean so that they will only replace 0.5% of their TVs given the same warranty?
Assume that the inventories fall by $2 billion, consumption increases by the $8 billion, unemployment insurance payments decline by $4 billion, and imports rise by the $1 billion. By how much should measured the GDP change?
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