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It is estimated that the annual heat-loss cost in a small power plant is $5,200. Two mutually exclusive proposals have been formulated that will reduce the loss. Proposal A will reduce heat loss by 60% and cost $3,000. Proposal B will reduce heat loss by 55% and cost $2,500. If the interest rate is 8% and the plant will benefit from the reduction in heat loss for ten years, using the annual equivalent on incremental investment, which proposal should be accepted?
1. suppose there are two consumers a and b.the utility functions of each consumer are given byuaxy xyubxy
Suppose a profit-maximizing monopolist is producing 800 units of output and is charging a price of $40 per\ unit.If the elasticity of demand for the product is -2, find the marginal cost Of the last unit produced.
Heavy rains caused the flooding of the Mississipi River and the Missouri River as well as some of their tributaries. This flood represented an important macroeconomic shock significantly damaging the aggregate capital stock and ..
When an economist says that a currency has become stronger, he or she means that it will buy less of foreign goods. it can be exchanged for more of a foreign currency.
in 2008 the debt of canadian households rose much faster than their wealth as stock markets corrected and the
Two suspects are arrested and charged with a crime. The police lack sufficient evidence to convict the suspects, unless at least one confesses. The police hold the suspects in separate cells and explain the consequences that will follow from the a..
show how the minimum wage affects unskilled labor market. is labor market perfectly competitive? can you find any
as a manager you have influence over your coworkers. this influence affects the employees work life and family life.
In the model of a dominant firm, assume that the fringe supply curve is given by Q= -1 + 0.2P, where P is market price and Q is output. Demand is given by Q = 11-P.
Assume the reserve ratio is 20%.If the lending process continues as far as it can possibly go, how many deposit dollars will be created from this initial $1000 deposit?
when the price of a top-of-the-line luxury sedan was 85000 there were 6184 sold. several years later when the price
suppose the jeans industry is an oligopoly in which each firm sells its own distinctive brand of jeans and each firm
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