Suppose that for each firm in the competitive market for potatoes, long-run average cost is minimized at $0.20 per pound when 500 pounds are grown. The market demand for potatoes is . If the long-run supply curve is horizontal, then how many firms will this industry sustain in the long run?
A market’s structure is described by
A market’s structure is described by
Suppose you want to know if the average time it takes to com…
Suppose you want to know if the average time it takes to complete a certain task is significantly different from a target time of 30 minutes. You randomly select a sample of 20 participants and time how long it takes them to complete the task. The data is as follows: 26; 29; 31; 33; 27; 28; 30; 31; 32; 29; 25; 28; 34; 30; 31; 27; 29; 33; 28; 30 a) What assumptions you need to compute a t confidence interval? Can you built a Z confidence interval, Explain your answer? b) Provide a point estimate of the population mean. c) Regardless of whether or not you think the assumptions are satisfied, construct a 95% confidence interval. Interpret the interval. d) Is there sufficient evidence that mean time has increased since ? (1) Write down the null and alternative hypotheses; (2) compute the test statistic; (3) compute the p-value; (4) draw a conclusion.
[Gallagher] Gallagher Co. is a designer brand of high heels…
Gallagher Co. is a designer brand of high heels made and sold in the United States. Hannah Gallagher, president, and CEO of Gallagher Co., made it clear that she only wants her shoes sold in their own stores. They only have 10 stores throughout the United States. Gallagher Co. exemplifies which level of channel coverage?
[radio] Due to some technological changes in the industry,…
Due to some technological changes in the industry, Wayne Corporation is in the decline stage of its radio business. The company decided to decrease all the business-related costs and just keep making its radios for as long as possible with no marketing / sales budget. What is the market share-based strategy that Wayne Corporation is executing?
Which intervention would assist in establishing locomotion f…
Which intervention would assist in establishing locomotion for a patient with cerebral palsy?
You suspect that Patel has a fibular fracture. What tool wo…
You suspect that Patel has a fibular fracture. What tool would you use to help determine if Patel should be referred for x-rays?
A character’s costume can be used to express specific charac…
A character’s costume can be used to express specific character traits, such as social station, self image, etc.
While palpating the insertion point of the semitendinosus, g…
While palpating the insertion point of the semitendinosus, gracilis, and sartorius, the patient complains of significant tenderness. The patient also reports a recent increase in training, presents with pain that increases with activity, and presents with no significant weakness. What condition do you initially suspect?
An electron is released from rest in a region of space with…
An electron is released from rest in a region of space with a nonzero electric field. As the electron moves, what happens to its electric potential energy?