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A 34% efficient nuclear power plant outputs 1000MW per year. Calculate how much money is needed to buy fuel for the lifetime of the plant, 30 years. The fuel contains 7% of uranium, and 0.003g is lost when 235g of pure uranium is consumed. The plant operates 365 days per year. The price of the fuel is US$1000/metric ton.
Why might governments nationalize firms and do they have added advantage or unfair one over the private owned firms? What are the different forms of terrorism and how can international managers meet this challenge?
Suppose the production function for a certain good is a simple Cobb-Douglas function without a technology component. What’s the short run production function? Given this SMC how much will this firm produce at a price of $40? What’s the total cost, to..
Bailey, Inc., is considering buying a new gang punch that would allow them to produce circuit boards more efficiently. The punch has a first cost of $110,000 and a useful life of 15 years. At the end of its useful life, the punch has no salvage value..
Karl Marx’s thinking is a product of the l9th century. There have been great economic, political, and technological changes since then. How are his theories to be evaluated today? Are they perhaps obsolete and outdated?
Use terms for direction and timing to characterize the movement of the nominal interest rate over the macroeconomic cycle. Detail you explanation by reference to the Keynesian transmission mechanism.
Determine the application of behavioral economics in explaining individual choices and the effectiveness of public policy. In “Should Policies Nudge People to Make Certain Choices? After reading and evaluating both sides of the discussion, which side..
Each of the players chooses an (integer) amount between $180 and $300. Both players receive the lower amount. Five dollars are transferred from the player who chose the larger amount to the player who chose the smaller one. Which strategies survive r..
An? individuals demand curve is negatively sloped because...
In the Leadership Grid, employees preferred which of the following styles? A. Country club management B. Middle-of-the-road management End of exam C. Authority-compliance management D. Team management
Suppose that Jenna’s preferences over baskets containing petrol (good x), and food (good y), are described by the utility function U(x, y) = xy + 100y. The marginal utilities for this function are, MUx = y and MUy = x + 100. Find Jenna’s petrol deman..
For each of the following three scenarios, state whether the value of the dollar will appreciate, depreciate or remain the same relative to the Japanese yen? Japan imposes new restrictions on the ability of foreigners to buy Japanese companies and re..
Compare and contrast the views of Easterly and Banerjee and Duflo on the relationship between governance and economic development. Which do you find most persuasive? Explain your answer.
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