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The High ridge Water District needs an additional supply of water from Steep Creek. The engineer has selected two plans for comparison: Gravity plan: Divert water at a point 10 miles up Steep Creek and carry it through a pipeline by gravity to the district. Pumping plan: Divert water at a point near the district and pump it through 2 miles of pipeline to the district. The pumping plant can be built in two stages, with half-capacity installed initially and the other half 10 years later. Use a 4O-year analysis period and 8% interest.
Salvage values can be ignored. During the first 10 years, the average use of water will be less than during the remaining 30 years. Use the conventional benefit-cost ratio method to select the more economical plan.
Why is private ownership an important source of economic prosperity? 1. It eliminates the opportunity cost of using a resource.
The size of the labor force. The number classified as "not in the labor force." The unemployment rate.
Consumer demand theory states that the quantity demanded of a commodity DX is a function of, or depends on, its price PX , consumer's income Y , and the price of other (related) commodities, say, commodity Z (i.e., PZ ).
Presume that you have saved $10,000 for retirement and are currently 20 years old. Moreover, suppose that you will earn the historical return of about six percent on your portfolio of stocks. How sensitive is the calculation to the rate of return?
Describe the model of consumer buyer behavior. Providing a list of the steps or a graphic of the model is not adequate, as you must explain how the process works in the real world using your own words.
the effect of new technology on consumers is that it makes life easier for society. Cell phones have become miniature computers that can do just about anything we want now. Our cell phone for the past few years have a lot more processing power tha..
consider a country called hitech where new arrangements for making payments such as credit cards and atms have been
How and why the U.Ss deficit, surplus and debt have an effect on the Tax payers
You will develop a democratic policy and describe/illustrate it in detail; then you will create a presentation of your policy proposal as if you were the candidate delivering it or you were a political advertisement.
the government is considering undertaking one of the four projects a1 a2 a3 a4. these projects are mutually exclusive
Rent-seeking behavior results in a)increased economic activity by promoting efficiency b)lower economic acitivity by diverting resources to less-productive uses c)a more equitable distributionof income and wealth
southwest airlines is by far the low cost carrier on the sacramento to los angeles air travel route. their marginal
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