(1) Why is it that a profit-maximizing businessman would always raise prices when facing an
inelastic demand curve, but might or might not raise prices when facing an elastic demand
curve? Explain and justify your answers in detail.
Market with inelastic

CaseStudy1
Each month the U.S. Bureau of Labor Statistics publishes a variety of unemployment
statistics, including the number of individuals who are unemployed and the mean length of time
the individuals have been unemployed. For November 1998, the Burea

CaseStudy2
The National Football League (NFL) records a variety of performance data for
individuals and the teams. Some of the year-end performance data for the 2005 season has been
provided. The data includes winning percentage, average number of yards g

Instructions
Question 1
5 out of 5 points
The difference between the short-run and the long-run production function is:
Answer
Selected Answer:
Question 2
5 out of 5 points
In the short run, finding the optimal amount of variable input involves which rela

Instructions
Question 1
0 out of 20 points
Which of the following statements is true about r2 ?
Answer
Selected Answer:
Question 2
20 out of 20 points
If computing a causal linear regression model of Y = a + bX and the resultant r2 is very near
zero, then

Case Study 1
Dr.Jie Yang
MGMT 3306-36490
Quantitative Decision Making
Ali Ahmed Momin
10/21/2012
CompanyBackground
After watching a movie about a young woman who quit a successful corporate career to
start her own baby food company, Julia Day decided that

Review Test Submission: Chapter 9 Quiz
Status
Completed
Score
50 out of 100 points
Time Elapsed 35 minutes out of 1 hour.
Instructions
Question 1
10 out of 10 points
Refer to Exhibit 91:
n = 36
H0:
x-bar = 24.6 Ha:
= 12
The test statistic
equals
Answer

Question 1
4 out of 4 points
In the short run, a change in the equilibrium price will
Answer
Selected Answer:
Question 2
0 out of 4 points
All of the following are non-price determinants of demand except?
Answer
Selected
Answer:
income
Question 3
0 out

Case Study 2
The National Football League (NFL) records a variety of performance data for
individuals and the teams. Some of the year-end performance data for the 2005 season has been
provided. The data includes winning percentage, average number of yards

ACCT3303 Group Project One, Fall 2012
The 2013 balance sheet of the Captain Jet Inc. is attached. During 2014, the following events
occurred.
1. On January 10, sell merchandise on account to Rayms $9,600 and Fischer $8,800. Terms 2/10,
n/30. Freight $100

Status
Completed
Score
18 out of 19 points
Time
Elapsed
18 minutes out of 50
minutes.
Instruction
s
Question 1
1 out of 1 points
A large corporation's profit objective may not be profit or wealth maximization, because
Answer
Selected
Answer:
All of the
ab

Question 1
10 out of 10 points
Another name for a decision table is a _.
Answer
Selected
Answer:
payoff table
Question 2
10 out of 10 points
The following
is a payoff
table giving
profits for
various
situations.
States of Nature
Alternatives
Alternative

October 28, 2012
To: Professor Sabrena P. Belz
Subject: Writing Assignment Diagnostic Essay
The following is the information that you requested about the writing knowledge I
posses, my previous experience with professional writing, and the things that I e

Professor Glasure ECON 3315
Problem Set: Regression Analysis
Consider the following data
Sales
Adv
Xi
Yi
3
4
6
5
7
6
5
9
10
9
1
2
3
4
5
6
7
8
9
10
For easy of expose, I am using Y for Sales and X for Advertising, so that you know which
one is the dependen

Chapter 7 Q # 3
Explain the relationship between a firms short-run production function and its
short-run cost function. Focus on the marginal product of an input and the
marginal cost of production.
The short-run cost function is the central economic anal

Question 1
10 out of 10 points
A simple random
sample of 5
observations from
a population
containing 400
elements was
taken, and the
following values
were obtained.
12
18
19
A point estimate
of the population
mean is
Answer
Selected
Answer:
b.
18
Questio

Jane austin bookstore essay question solution
(a) The accumulated depreciation for the building is $51,000. The Depreciation amount shown
in the debit and the credit column of a balance sheet is always the same amount.
(b)Retained earnings = $5000+$12000+

October 29, 2012
To: Professor Sabrena P. Belz
Subject: Writing Assignment - Diagnostic Essay
The following is the introduction that you requested about my writing experience. This
essay describes the writing experiences that I have and how they have help

Journal 3
March 25, 2012
Schillaci, Mary Beth
Journal 3
1. To them I may have owed another gift, Of aspect more sublime; that blessed mood, In which
the burthen of the mystery, In which the heavy and the weary weight Of all this unintelligible
world, Is l

Speech 1315
March 21, 2012
Instructor Pope
Assignment/Activity Part 4
1. It is not very often a person can say that they made others proud with their actions.
There was one instance that I can state that made not only me, but others proud of my
actions. I

Assignment2
The dataset below contains information on the input of production data and on the output (in natural
logarithms) for 30 hypothetical companies. With the data, the parameters of a Cobb-Douglas
Production Function can be estimated. I converted t

Case Problem 4: Predicting Winning Percentage for the NFL
1.
Descriptive Statistics for the NFLStats data follow:
Variable
WinPct
TakeInt
TakeFum
GiveInt
GiveFum
DefYds/G
RushYds/G
PassYds/G
FGPct
Mean
0.5003
15.844
12.125
15.844
12.156
315.94
112.46
203.

ExecutiveSummary
In this case study we will be using the common size balance sheets, income statements,
and ratio analysis of current ratio, acid-test ratio, receivables turnover, inventory turnover, asset
turnover, profit margin on sales, rate of return

Case Study 2: Project Management
Opening a New Coffee Shop
TableofContents
Contents
Introduction
In the recent years coffee shops have becomes a very popular place for people to relax
after day work or at weekend. Coffee franchises such as Starbucks and t

Question 1
10 out of 10 points
Z is a standard normal random variable. The P(z > 2.11) equals
Answer
Selected
Answer:
d.
0.0174
Question 2
10 out of 10 points
The weight of football players is normally distributed with a mean of 200 pounds and a
standar

Question 1
10 out of 10 points
Assume that you have a binomial experiment with p = 0.5 and a sample size of 100. The
expected value of this distribution is
Answer
Selected
Answer:
c.
50
Question 2
10 out of 10 points
The random variable x is the number

Review Test Submission: Chapter 8 Quiz
Instructions
Question 1
10 out of 10 points
In general, higher confidence levels provide
Answer
Selected Answer:
Question 2
10 out of 10 points
The z value for a 97.8% confidence interval estimation is
Answer
Selecte

November 8, 2012
To:
Sabrina Belz
Houston
The purpose of this memo is to let the reader know about the community of my mosque, The
Sugar Land Mosque Center of Houston. A key aspect of the Mosque is the volunteer and various
committees that help regulate t