In nutrition, the Recommended Daily Allowance of vitamins is a number set by the government as a guide to an individual's daily vitamin intake. Actually, vitamin needs vary drastically from person to person, but the needs are very closely approximated by a normal curve. To calculate the Recommended Daily Allowance, the government first finds the average need for vitamins among people in the population, and the standard deviation. The Recommended Daily Allowance is then defined as the mean plus 2.6 times the standard deviation. What percent of the population will receive adequate amounts of vitamins under this plan?

Suppose you want to know if more technical service calls are made to homes with cable television or with satellite dish television. should you use frequencies or relative frequencies to make the comparison? why?

5. profit maximization and shutting down in the short run suppose that the market for polos is a competitive market. the following graph shows the daily cost curves of a firm operating in this market. 0 2 4 6 8 10 12 14 16 18 20 50 45 40 35 30 25 20 15 10 5 0 price (dollars per polo) quantity (thousands of polos) mc atc avc for each price in the following table, calculate the firm's optimal quantity of units to produce, and determine the profit or loss if it produces at that quantity, using the data from the previous graph to identify its total variable cost. assume that if the firm is indifferent between producing and shutting down, it will produce. (hint: you can select the purple points [diamond symbols] on the previous graph to see precise information on average variable cost.) price quantity total revenue fixed cost variable cost profit (dollars per polo) (polos) (dollars) (dollars) (dollars) (dollars) 12.50 135,000 27.50 135,000 45.00 135,000 if the firm shuts down, it must incur its fixed costs (fc) in the short run. in this case, the firm's fixed cost is $135,000 per day. in other words, if it shuts down, the firm would suffer losses of $135,000 per day until its fixed costs end (such as the expiration of a building lease). this firm's shutdown price—that is, the price below which it is optimal for the firm to shut down—is per polo.

Abond purchased for $950 was sold for $980 after one year. the interest received during the year is $25. the bond's yield is: