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More alternative electric energy providers have constructed wind, thermal, solar, and gas turbine power stations in competition with traditional coal fired plants. Large industrial customers require the reliability of coal sourced energy. But residential electricity consumers have both been reducing consumption and been opting for these alternative sources. This has led some coal plants to operate at less full capacity most of the time. How does this affect competition between providers of coal sourced electricity?
A firm making external hard drives has a cost function c(y) = 4y + 1000. Its demand function is y = 200 – 0.5p. a. Calculate the profit-maximizing price and quantity. b. The firm decides to enter the Mexican market. It determines that its demand func..
Your job is to find out as much as possible about how (or could) Disney or other theme park’s prices their theme park tickets, options and discounts, i.e., what pricing models do they use? (Timesaver: Disney is not going to tell you.) How does Disney..
Assume that when an economy has a GDP of $500, Consumption is $550. The MPC is .75. Investment is 25. Begin the problem by setting up an Income/Consumer. Set up only the first two columns (1) and (2). What is the Break-Even level of Income? What is t..
Industry X is characterized by perfect competition, so every firm in the industry is earning zero economic profit. If the product price falls.
During the 1973 Arab-Israeli War, Arab members of the Organization of the Petroleum Exporting Countries (OPEC) imposed an oil embargo
According to purchasing-power parity, what is the predicted exchange rate between the Chilean peso and the Canadian dollar? What is the actual exchange rate?
Determine the cost of Goods sold under LIFO and FIFO. Why would Leno want to changeto LIFO for tax reporting?
Provide an answer in one well-developed paragraph that is at least three sentences long.
Given the following yield information on municipal bonds issued by the state of North Dakota:
Steve owns a bike store. His total costs are $1.2 million per year, his variable costs are $750,000, and his fixed costs are $450,000 per year. Last year, Steve sold 1,200 bikes. If Steve sells 1,250 bikes this year (50 more than last year) and his a..
At a monthly staff planning meeting, the outlook for the national economy was a topic of discussion. During the discussion, one participant noted that gross domestic product (GDP) was expected to increase only slightly for the coming year. Another co..
Create a brief scenario and walk it through the litigation process, beginning with how to select the proper jurisdiction of a court, and progressing through the basic steps leading to a resolution of the dispute through appeal.
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