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For lifestyle concerning energy use in homes or floating rotating house develop a strategy on what/how to analyze -find data, check and adjust. –mention your sources!- -calculate and make reasonable decisions –mention your assumptions!- -calculate case-specific for the ‘floating rotating house’. -optimize the eco-friendliness within design parameters
Consider the utility function U(x, y) = x3y2 with the price of X equal to 3 and the price of Y equal to 4. Income devoted to the purchase of x and y is $36. Find the equilibrium quantities of X and Y. (Use the LaGrange Method) Using the budget constr..
Which of the following is a true statement about? self-interest as used in the study of? economics?
What are some of the reasons the United States has run up such huge deficits on its trade balance (we import much more than we export)?
Do higher saving rates affect longrun economic growth? Explain. Do higher investments in research and development affect longrun economic growth? Explain. Explain with the help of a graph how the efficiency wage might cause unemployment.
One type of benefits involves giving workers discounts on the firm’s products. We noted that this type of system could reduce the firm’s costs by reducing some marketing expenses. Explain why offering such discounts (as opposed to increasing workers’..
Econ 522 - Economics of Law - What levels of precaution would a rule of simple negligence lead to and what levels of precaution would a rule of strict liability with a defense of contributory negligence lead to?
Illustrate what is the "incubator effect" that Taiwan's government hoped would emerge in its EPZs.
Which factors make the strongest impact on your personal labor productivity, or that of your closest family member, if you don't have a job? What actions can a person take to increase his or her labor productivity?
Suppose the employees of Starbucks in China are paid 8 yuan per hour and a cup of coffee is priced at 8 yuan. If Starbucks is maximising its profit, a what is the value of marginal product of labour (VMPL) per hour of the last worker employed by Star..
Use the IS-LM model to predict the short-run impact on the interest rate and output if the central bank pushes interest rate down at the same time that both consumption and investment fall due to a financial crisis.
The dominant factor affecting medical care delivery and finance in the 1990s was. What is the most important factor leading to rising health care costs in the United States since 1980? Pharmaceutical companies receive patents as an exclusive right to..
Parker Products manufactures a variety of household products. The company is considering introducing a new detergent. The company’s CFO has collected the following information about the proposed product. What is the net present value of the proposed ..
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