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The Lubbock Board of city Development has decided to ask the city council to construct a tunnel under the snow capped mountain range east of downtown Lubbock so that out of town visitors can reach historic prairie dog town without becoming lost and ending up at the ski lift. This project is expected to have a first cost of $2,000,000 and an annual maintenance cost of $50,000. In addition, major repairs costing $250,000 will be required after 25 years and each 15 years thereafter. Use an interest rate of 12% and determine the capitalized cost of project.
Suppose that national income is initially at its equilibrium level when desired investment falls.we would except fall in national income,but not by as much as the fall in desired investment
Suppose that total employment in the U.S. economy increased from 143,000,000 to 145,500,000 from last year. At the same time, the number of unemployed dropped from 11,000,000 to 8,700,000. Also suppose that the working age population increased from 2..
suppose that the price of labour rises. explain how producers would respond using the isocostisoquant framework. what
Suppose that the demand for plastic surgery is price inelastic. Are the following statements true or false? Describe your answer for full credit. When the price of plastic surgery increases, the number of operations decreases
Determine which of the following is most likely to indicate statistically significant regression coefficient? Assume the price elasticity of the supply of cheese is 0.80. If the price of cheese rises by .20 percent,
Suppose average movie attendance is 250 million tickets when prices are $7 a ticket and 200 million when prices are $9 a ticket.
explain how the circular flow diagram relates to the current economic situation. using the circular flow diagram
service level agreements slas often state a commitment to up-time as a percentage. for example the network operations
Suppose you are the CEO of ClipIt, a paper clip producer. Your firm enjoys a patented technology that allows it to make paper clips faster and at a lower cost than your only rival, FastenIt.
Describe the Baddeley-Hitch model of memory
Calculate the elasticity of production factors and what conditions must be satisfied by the production function parameters for the returns the scale to be increasing, decreasing or stable?
Suppose the marginal utility of good a is 4 times that of good b but the price of good a is 2 times that of good b, is this point consumer equilibrium?.
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