Author Question: Sports announcers often refer to a baseball batter in a hitting slump as being due. If they are ... (Read 46 times)

sjones · **on:** Jul 1, 2018

Sports announcers often refer to a baseball batter in a hitting slump as being due. If they are correct, then it must be the case that

A) a batter's hits are randomly distributed.
B) a batter's at-bats are related to each other.
C) a batter's at-bats are independent of each other.
D) baseball players are acting irrationally.

Question 2

The demand for a monopoly's output is p = 100 - Q. The firm's production function is Q = 2L. Which of the following is the firm's demand for labor?

A) w = 200 - 8L
B) w = 200 - 4L
C) w = 100 - L
D) w = 2L