Consider the hypothesis test H subscript 0 : space mu subscript 1 equals space mu subscript 2 space a g a i n s t space H subscript 1 : space mu subscript 1 not equal to space mu subscript 2 . Suppose that sample sizes are n1=15 and n2=15 and top enclose X subscript 1 equals 4.5 space a n d space top enclose X subscript 2 equals 8.0 and that s subscript 1 superscript 2 equals 4 space a n d space s subscript 2 superscript 2 equals 6.18. Assume that the data are drawn from normal distributions. Compute the p-value of the test statistics. Round your answer to 4 decimal places.

If you were running a company, what are at least two things you could do to improve its productivity.

Suppose that two firms produce differentiated products and compete in prices. as in class, the two firms are located at two ends of a line one mile apart. consumers are evenly distributed along the line. the firms have identical marginal cost, $60. firm b produces a product with value $110 to consumers. firm a (located at 0 on the unit line) produces a higher quality product with value $120 to consumers. the cost of travel are directly related to the distance a consumer travels to purchase a good. if a consumerhas to travel a mile to purchase a good, the incur a cost of $20. if they have to travel x fraction of a mile, they incur a cost of $20x. (a) write down the expressions for how much a consumer at location d would value the products sold by firms a and b, if they set prices p_{a} and p_{b} ? (b) based on your expressions in (a), how much will be demanded from each firm if prices p_{a} and p_{b} are set? (c) what are the nash equilibrium prices?

Computing equivalent units is especially important for: (a) goods that take a relatively short time to produce, such as plastic bottles. (b) goods with sustainability implications in their production processes. (c) goods that are started and completed during the same period. (d) goods that take a long time to produce, such as airplanes.