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Education is an area in which it has been hard to create productivity gains that reduce costs. Collect data on the tuition rates of your own college in the last twenty years and compare that increase to the overall rate of inflation using the CPI. What do you observe? Can you suggest some productivityenhancing measures?
With road tolls, a regional gas tax, and parking levies would Toronto roads become less congested? If the new charges cut commute times, would the Toronto road system be more efficient? Explain your answers
The cost of extending a certain road is $850,000. Resurfacing and other maintenance are expected to cost $175,000 every 3 years and lasts for 96 years. What is the present worth of the road at an interest rate of 6% per year (over that period)
A market contains two types of consumers, green and yellow. Each green consumer has a demand of P = 20-Q. Each yellow consumer has a demand of P=16-Q. These are individual demand curves. The monopolist who sells to these individuals has a MC
Taxation after employment Show how the functional equation (21.2.5 ), (21.2.6 ) would be modified if the planner were permitted to tax workers after they became employed.
What were the immediate causes of the "Great Recession"? What were the longer-term trends that hinted that a dangerous economic imbalance might be building?
Using Microsoft (MS) Excel, construct a graph showing supply and demand in the E-Book market based on the data above. (Save this file because you will re-work it later in the assignment.) When finished, copy and paste or import your graph into an ..
A cylindrical metal tube of mean radius r = 5 in., length L = 14 ft, and shear modulus G = 11 × 106 psi carries the torque T = 320 kip in. Determine the smallest allowable constant wall thickness t if the shear stress is limited to 12 ksi and the a..
A firm is a perfectly competitive industry with atotal revenue of Php 2 million a year when producing 200,000 unitsof output per year; a) Find the firm's average revenue (AR); b) Find the firm's marginal revenue (MR);
What idea is the speaker in the poem trying to convey?
What happens in the Oil market if OPEC increases oil production?
A $10,000 mortgage bond with a bond interest rate Of 8% per year, payable quarterly, was purchased for $9200. The bond was kept until it was due, a total of 7 years. What rate of return was made by the purchaser per 3 months and per year.
Cooper Bank is considering making a loan to Valles Global Industries to buy a machine tool worth $300 million at 1% interest. The tool has no salvage value and is depreciated over 3 years by sum-of-years digits. In this state, VGI pays 50% tax. ..
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