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1. If the output from a land source brings revenue of $400, transport costs of shipping this output to market are $55 and the land used in production is 4 acres, what will the rent for this land be? If you can’t solve this problem, state why it is not possible.
2. Suppose from the question above that you also know that non-land payments are $45. Now can you find what the rent for this land will be?
3. At any point immediately adjacent to the market in the von Thunen Model what can you say about the prevailing rent for that land?
An important point is about customer expectations. What customer expectations are there with respect to What, When and By whom in a project? What would you use to determine if the project was successful? What would a customer use?
Illustrate what changes in the Ants' resources do we see through the film. Are the Grasshoppers commercial talent and they are just annoying.
Firms that can identify two types of consumers can price-discriminate perfectly. Firms can price-discriminate only if there is zero competition in the market. Firms that price-discriminate will not reach higher profits.
If hard freeze eliminates Brazil's premium coffee crop, illustrate what will happen to the price of premium coffee.
Analyze a situation in which both parties entering into a contract could benefit, economically or otherwise, from slightly ambiguous language contained in the contract.
Two firms compete in quantities, selling identical goods, facing the demand function P(Q) = 130−q1− q2 where qi is the output level of firm i. Assume that firm 1 is more efficient than firm 2, MC1(q) = 10 and MC2(q) = 20. Find the NE quantities of th..
Select a United States of America government investment project and a private investment project in the United States of America. Write about why you understand are the primary differences in the cash flows between both projects.
Illustrate and briefly explain the adjustment process of Aggregate Supply and Demand following the introduction of successful Supply Side policies that significantly increases full-employment production capacity.
Explain the relationship between administrative agency investigation of violations and the Fourth Amendment of the U.S. Constitution. Identify 5 federal, state, or local agencies that you may encounter in the field of accounting. Identify whether eac..
Assume that two power plants, Firm 1 and Firm 2, release arsenic in a small urban community that exceeds the emissions standard. To meet the standard, 40 units of SO2 must be abated in total. The two firms face the following abatement costs: Determin..
q.suppose that there is a unit mass of consumers who are uniformly distributed on the segment01. two firms are located
The Hull Petroleum Company and Inverted V are retail gasoline franchises that compete in a local market to sell gasoline to consumers. Hull and Inverted V are located across the street from each other and can observe the prices posted on each other’s..
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