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Question: If a coal mining company would be willing to produce and sell 9 million tons a year at $150/ton, but would be willing to produce and sell 11 million tons a year at $250/ton,
- calculate its price elasticity of supply.
- Is this supply elastic or inelastic?
- If the price of coal were to remain at $250/ton over the next ten years (with no inflation in general prices), is this firm's supply curve likely to become more or less elastic?
- Explain why.
What costs associated with the new miles-per-gallon requirements arise from decisions made in self-interest and in the social interest?
Did they perform all of the steps associated with the audit program? Did they perform the steps accurately? If not, describe the problem and follow up on it to the extent possible with the information given.
The weekly amount of downtime Y (in hours) for an industrial machine has approximately a gamma distribution with α = 3 and β = 2. The loss L (in dollars) to the industrial operation as a result of this downtime is given by L = 30Y + 2Y 2. Find th..
An astronomer detects a signal of 2480 MHz from an electron travelling in a distant nebula. What is the strength of the magnetic field in the nebula?
What is the marginal propensity to consume in Freedonia, and what is the marginal propensity to save - What is the new equilibrium level of income?
Explain qualification of dependency as it relates to claiming dependent exemptions from taxable income. Please be sure to post your initial posts and to reply to at least two of your classmate's posts. Please use APA.
Calculate a consumer's demand for goods
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You have a young friend who has never had credit. This person does not really want credit and is doing fine paying cash for everything. However, there is a problem: your friend wants to get a home mortgage in two years.
Which tools available to University of Phoenix students may you use throughout your program?
Identify three decisions that you have made in the past (e.g., purchase decision, political decision, etc.) and their associated trade-offs. Provide support for your response.2. Create a positive question and its associated normative question.
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