When parking a car in a downtown parking lot, drivers pay according to the number of hours or fraction thereof. the probability distribution of the number of hours cars are parked has been estimated as follows: Mean = Standard Deviation = The cost of parking is 3.5 dollars per hour. Calculate the mean and standard deviation of the amount of revenue each car generates. Mean = Standard Deviation =

Suppose that the u.s. dollars-mexican pesos exchange rate is fixed by the u.s. and mexican governments. assume also that labor is mobile between the united states and mexico due to low transportation costs.which of the following situations is likely to happen as a result of a simultaneous increase in the demand for u.s. goods and decrease in the demand for mexican goods? (pick mexican unemployment rate increases, and the country undergoes bad economic times for a sustained u.s. unemployment rate increases, and the country undergoes bad economic times for a sustained mexican unemployment rate rises at first, but it soon drops as unemployed mexicans move to the united states for mexican unemployment rate rises at first, but then it drops as mexican pesos depreciate against u.s. dollars.