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On August 15, 2005, a spacecraft in a 190 km, 520 inclination circular parking orbit around the earth departed on a mission to Mars, arriving at the red planet on March 15, 2006, whereupon retrorockets place it into a highly elliptic orbit with a periapsis of 300 km and a period of 35 h. Determine the total delta-v required for this mission.
Consider a firm in a perfectly competitive industry with the following cost structure: VC (Q) = 10 Q2 + 50 Q, FC = 4000 and MC (Q) = 50 + 20 Q. If the market price is Pm = 40, in the short-run this firm will produce
What are the traditional classical (also neoclassical and modern classical) and Keynesian de?nitions of equilibrium? How are they related? Can there exist an underemployment equilibrium in their models under each of these de?nitions?
Bush lowered taxes in the 2001 recession and his tax cuts continue. Obama has increased government spending through his stimulus packages. What effect should these expansionary policies have on the AD and AS curves? How should they shift? What should..
These multiple choice problems belong to Economics. The first problemis about calculation of marginal product and the second problemis about calculation of marginal returns.
what impact would a change that shifts an economys production possibilities curve outward have on the long run
The process of lobbying legislatures is itself a big business. State legislatures are under the same kind of pressure from interest groups as the Senate and the House of Representatives.
Clarissa's utility function is U(r, z) = z + 160r - r^2, where r is the number of rose plants she has in her garden and z is the number of zinnias. She has 250 square feet to allocate to roses and zinnias. Roses each take up 4 square feet and zinnia..
calculate the formulas for the monopolists' FC, VC, ATC, AVC, and AFC. calculate the profit - maximizing choice of output, price, and profits. Also, how come, in a perfectly competitive market, the burden of a tax is shared in the short run? Also, ..
As you may recall from the readings, money demand rises when the price level rises because people will need more money to make their everyday purchases. For example, if the price index rose from 100 to 140.
Below is the graph of the demand curve and the supply curve for Belgium cocoa beans. From the supply and demand schedules above, what are the equilibrium price and quantity of cocoa beans from Belgium
What type of company and what is your product or service? Which form of ownership will you use? What are the pros of that ownership? What are the cons?
McFadden’s chief engineer recommends that the firm hire 400 hours of skilled labor and 100 hours of unskilled labor. Is this the optimal combination? If the McFadden Company decides to spend a total of $5000 on skilled and unskilled labor, how many h..
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