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Question: It is desired to make a preliminary estimate of the cost of building a 900.MW fuel plant. It is known that a 550 MW plant cost $100 million twenty (20) years ago when the approximate cost index was 450, and that the cost index now 1, 500. The cost capacity factor for a f fuel power plant is 0.78, Estimate the cost in millions of dollars of building the larger power plant today. (Enter your answer as a number that represents millions of dollars without the dollar sign.)
Prepare a one page paper that includes your solutions to the table, your recommendation action, and justification supporting your recommendation.
problem 1 in the model of a dominant firm assume that the fringe. supply curve is given by q -1 0.2p where p is
Graphically demonstrate the inefficiency that occurs when sports teams produce external benefits. How will a subsidy remedy this problem?
Over dinner, your father mentions that he is considering retiring from real-estate sales. He has found a small retail business for sale.
explain the theory of 3rd degree price discrimination as it applies to the airline industry including a graphical model. Explain how and why airlines would choose to practice price discrimination.
Describe how each of following will affect consumption and saving schedules as they relate to GDP or the investment schedule, other things equal,
If you come upon an interesting subject relating to your work or any other non-economic publication that can be explained in light of the theories learned in this class, you may be able to substitute this as the basis article. Discuss the article ..
Provides a detailed and well-supported explanation of the justification for natural monopolies according to economic theory.
Jill gets 50 Utils of happiness if she gets to watch the DVD she wants, and looses 15 Utils if she shops at the "Big Store." Note that Jill doesn't have time to go to both shops. Where should Jill go to get her DVD? How valuable is it to Jill (in ..
a group may be defined as two or more people who interact with each other to accomplish certain goals or meet certain
Firm A judges that firm B would accept a 45 percent share with probability .9, a 40 percent share with probability .85, and a 35 percent share with probability .8. What offer should A make to maximize its expected profit?
What monetary policy is, how it is related to banks, and how it affects interest’s rates, inflation, GDP and unemployment. Include information on what money is and why we use it along with the money multiplier.
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