PROBLEM SET 4
Rafis Rugelach of Richmond is the only seller of rugelach (small pastries) in Richmond, Surrey.
The demand schedule facing R3 is:
(lbs. per day)
Bid solicitation is a process wherein prospective or qualified bidders are informed on the
wishes of bid solicitor's to receive bids on a particular product or project. Solicitations are
of 4 types which includes :
Q : What is the probability a sample mean could be 5 points away from the population mean?
ANS : Lets say n = 95
Now, z = |n-u|/o = |95-100|/15 = 0.33
The corresponding probability = 1 - 0.6293 = 0.3707
Import quotas are a tool for increasing importing
Answer True False
Which of the following are true
a. the US had a trade surplus for services in 2007
b. Canada is not an important trade partner for the US
c. the US only impor
Q1: Why do services pose unique challenges to marketers?
Ans 1: Services are basically intangible without a physical existence. The major difficulty that
all marketers face in marketing services are their intangibility. The marketers need to attach a
ANALYSIS 1 : [ Total Sales versus Discount Analysis]
This analysis was done to depict the relationship between discount given on
products and the total sal
Nurse Leader Interview
How would you describe your leadership style?
What changes have you made in your leadership style as a result of your evolving
What challenges have you faced as a leader in todays health care systems?
Suppose market demand and supply are given by Qd=100-2P and
Qs=5+3P. The equilibrium price is:
100 2P = 5+ 3P
or 5P = 95
or P= 19
The supply function for good X is given by Qxs=1,000 + Px-5Py -2Pw, where
Px is t
It was Friday the 19th of May 2012; The Chief Minister of West Bengal an Indian State
was participating in a discussion hosted by a TV Channel. The audiences were students
of Jadavpur and Presidency University. One of the students directed a questi
Take an event, experience, person(ality), or situation from your own life experience. Analyze
the aforementioned from one of the perspectives listed below. Describe your subject, event
or situation. Identify your approach. Give a brief explanation of this
You and a friend head to the ocean shore from your home 20 miles inland. Before
leaving you measure the temperature and dew point at home. Upon reaching the
beach, you measure the temperature and dew point there as well and nd that they
if market demand for lawn mowers is given by the expression:
QD = 1,000 150P + 25I. Assume that per capita disposable income I = $200 and the price of
lawn mowers is P = $10.
How do you calculate the price elasticity of demand?
Based on answer
a) Write the taylor series expansion about x = 0 for f(x) = ln(1+x). Include an expression for the
b) Find the radius of convergence for the series in part a). Justify your answer.
c) Estimate the error in evaluating ln(3/2) by using only th
EUROPEAN UNION CAP
The European Union over the years has taken a number of policy measures to protect its agricultural sector and thus
enhance the profitability of its farmers in the domestic as well as the export market amidst the rising production
EUROPEAN UNION CAP
The European Union over the years has taken a number of policy measures to protect its
agricultural sector and thus enhance the profitability of its farmers in the domestic as well as the
export market amidst the rising production costs