The Hospital Accreditation Association thinks that a hospital should be able to treat certain types of emergencies within 30 minutes of arrival. The excess waiting times (beyond the 30 minutes) for a sample of 30 patients are: -22, 1, 14, 23, 32, 32
34, 29, 44, 39, 41, 40, 47, 45, 49, 51, 53, 50, 60, 59, 61, 55, 70, 73, 66, 4, 69, 66, 78, 97. The summary statistics are given
in the table below. Note that a patient who waited 27 minutes would be recorded as waiting -3 minutes.

Choose the statement that is incorrect. a. search activity occurs only in markets where there is a shortage. b. when a price is regulated and there is a shortage, search activity increases. c. the time spent looking for someone with whom to do business is called search activity. d. the opportunity cost of a good is equal to its price plus the value of the search time spent finding the good.

You decide to invest in a portfolio consisting of 25 percent stock a, 25 percent stock b, and the remainder in stock c. based on the following information, what is the expected return of your portfolio? state of economy probability of state return if state occurs of economy stock a stock b stock c recession .16 - 16.4 % - 2.7 % - 21.6 % normal .55 12.6 % 7.3 % 15.9 % boom .29 26.2 % 14.6 % 30.5 %

The state troopers in one state have a motto, “nine you’re fine; ten you’re mine,” which is the standard that they use for pulling over speeders on the state highways. in other words, if the posted speed limit is 55 mph, drivers can drive at a rate up to 64 mph without fear of getting a ticket. which of the following best describes the ethical culture in the state? a. the troopers are following a standard of positive law. b. the troopers are following a normative standard. c. the troopers are following a headline test. d. the troopers are following the blanchard/peale standard.