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2. A person has $ 100 to spend on two goods X and Y whose respective prices are $3 and $5. (4 points).



A. Draw the budget line.



B. What happens to the original budget line if the budget falls by 25%?



C. What happens to the original budget line if the price of X doubles?



D. What happens to the original budget line if the price of Y falls to $4?




y"+3y'+2y=e^(-t) , y(0)=0, y'(0)=0


State what market structure currently exits in the US automobile market.

Explain if excess profit will exist in the long run.


An experiment involves studying the composition of genders of a set of triplets. What is the probability that there are 2 boys and a girl in the set?

Make use of a theoretical approach for comparative politics as identified in your textbook and compare and contrast the political systems of the United States of America (USA) and South Africa. 


Which of the following statements is not an example of a discrete random variable?




Select one:




The age of male respondents to a questionnaire about gender differences





The number of sales a salesperson makes per year





The number of school-age children in a particular family





The number of female respondents to a questionnaire about gender differences

was the transatlantic slave trade shaped by the economic demand of the slave market or by the internal social dynamic of African societies?


Consider the composition of a 3-child family in which the children were born at different times but a girl is as likely as a boy at each birth. What is the probability that the oldest child and the youngest child are of the same gender?


A bag contains 4 red balls, 3 blue balls and 5 yellow balls. If a ball is selected at random, find the probability that the ball will be blue or yellow.


There are basically two types of random variables; discrete and ________ random variables.


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