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Below the water table, the groundwater aquifer is a closed system with respect to exchange of CO2 with a separate vapor phase. Without an external source or sink for dissolved CO2 in groundwater (i.e., no carbonate) the dissolved carbon concentration should be constant. Assuming that the ground water at the water table is in equilibrium with the atmosphere with CO2 at 10-3.5 atm partial pressure, construct a plot showing the change in CO2 with pH in the closed system.
Assume the demand function and the supply functions for 24-can beer case in Houston are: Demand: QD = 1,000 ? 50P Demand: QS = 40P + 100 (a) What are the market equilibrium price and quantity for beer case?
Suppose that the exchange rate between the Polish Zloty and the U.S. dollar is currently 4 Zls to the dollar. The one year forward rate for the Zloty is 4.5 Zls to the dollar
Rate of change of cost. The fast-food restaurant in Problem 63 can produce an order of fries for $0.80. If the restaurant s daily sales are increasing at the rate of 45 orders of fries per day, how fast is its daily cost for fries increasing?
The current market wage rate is $10, the rental rate of land is $1,000 per unit, and the rental rate of capital is $500. Production managers at a firm find that under their current allocation of factors of production, the marginal revenue product ..
Explain why the second model is a restricted version of the first, stating the restriction.
Tangent distance nearest-neighbors. In each case choose the number of neighbors by tenfold cross-validation. Compare the results.
Suppose that a country has no public debt in year 1 but experiences a budget deficit of $40 billion in year 2, a budget deficit of $20 billion in year 3, a budget surplus of $10 billion in year 3, and a budget deficit of $2 billion in year 4.What ..
Pam has chosen her best affordable combination of cookies and comic books. She spends all of her income on 30 cookies at $1 each and 5 comic books at $2 each. The price of a cookie falls to 50 cents and the price of a comic book rises to $5.
Calculate the slope of the AE curve and the size of the multiplier if MPS = 0.20. Then, calculate the revised slope of the AE curve and the multiplier when you know that the imports and the marginal tax rate will reduce the slope of the AE curve b..
] A perfectly competitive firm faces a market price of $10 for its output X. It own two plants, A and B whose total costs are TC sub A = 10 + 2X + (.25X)2, TC sub B = 15 + .4X + (.1X)2, How many units should each plant produce to maximize profit at t..
Consider the general two-commodity market model: QD1 = f0 + f1P1 + f2P2 QS1 = a0 + a1 P1 + a2P2 QD2 = f0 + f1P1 + f 2P2 QS2 = b0 + b1P1 + b2P2 where the f and a coefficients pertain to the demand (QD1) and supply (QS1) functions of the first co..
Fit the logarithmic form of your demand function for your category of expenditure for the periods 1959-1990 and 1959-1994 and perform the Chow test of predictive failure.
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