Consider a two country world producing only meat and potatoes. If the world equilibrium relativeprice of potatoes is between15and13pounds of meat, then the world equilibrium relative price of meat:a) will lie between1and13pounds of potatoes as well.b) must lie between 3 and 5 pounds of potatoes.c) cannot be determined without additional data

We have to solve simple basic mathematics problem.

Answered: Consider a two country world producing…

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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1. Whenever we look at the relationship between two variables (regardless of the level of measurement of those variables), we are interested in two aspects of that relationship. What are those two "aspects" and why is each important? (You can discuss more than two if you feel it necessary).
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4. A telecommunications company recently launched a year long advertising campaign to promote their brand of cellular telephones. The monthly number of new cellular telephone subscribers is shown in the table. Month Number of New Subscribers 1 6 500 2 2345 7 150 7 870 4 8 650 5 9 520 67 10 470 7 11 520 8 12 670 3. 76 2 a) Calculate the first and second differences, and the ratios. b) Which model appears most suitable for the data: linear, quadratic, or exponential? Justify your answer. c) Sketch a scatter plot of the data. d) Generate a suitable model for the data. Represent the model using a graph and an equation. e) Use the graph to predict the month in which there will be approximately 15 000 new subscribers. f) Use the equation to predict the number of new subscribers in month 12.
(Image) A) Pedro B)Raul C) Patricia D) Monica Have a step-by-step explanation. Please Have a nice day!
ABF needs to deliver an important LTL shipment in 6 days. If the delivery is 2 days late then ABF is charged a penalty of $500. The cost of the shipment is $3,200 and costs decrease at a rate of $100 for every day deviation from the target delivery time. 1) What delivery time minimizes ABF's costs? a. 6.4 days b. 6.7 days c. 7.3 days d. 6 days e. 7 days f. 7.5 days 2) What is the Taguchi Loss cost if ABF delivers at the target delivery time? a. $2,600 b. $3,200 c. $500 d. $0 e. $3,700 f. $3,100 g. $100 Please show all the works.

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