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Question: Discuss potential data sources and methods for estimating each of the costs, benefits, and disbenefits identified in Problem for the congested intersection.
Problem: Improvements at a congested intersection require that the government acquire the properties on the four corners: two gas stations, a church, and a bank. Construction will take a year, and the costs will be shared 70% by the state and 30% by the city. Traffic through the intersection is mainly commuters, local residents, and deliveriesto and bylocalbusinesses.Thereis some through traffic from other parts of the metropolitan area. Identify the benefits, disbenefits, and costs that must be considered in evaluating this project. From the city's viewpoint, which must be included? From the state's viewpoint? What viewpoint should be used to evaluate this project?
What are the characteristics of a monopolistically competitive market? What happens to the equilibrium price and quantity in such a market if one firm introduces a new, improved product?
use a principle or principles discussed in the course to explain some pattern of events or behaviour that you
the us navy is building an aircraft carrier. price 12 billion. there are about 300 million people in the us. suppose
Consider a nation that produces baseball mitts and soccer balls. The following table shows the possible combinations of the two products: Baseball Mitts 0 2 4 6 8 Soccer Balls 30 24 18 10 0
How should business managers cope with Business cycles? Give examples to elaborate how unemployment and inflation are the major problems in the business cycles.
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What motivates monopolist to overinvest in plants and equipment? What factors might restrain monopolist from such overinvesting?
suppose that lin jun subscribes to the 88 yuan per month plan. (i) how much calling time would she consume? (ii) what would be her total benefit? (iii) what would be her buyer surplus (benefit less charges)?
How does international trade affect each market structure? How does the role of the government affect each market structure's ability to price their products?
Describe the market in which the hotel will be in the market situation. Calculate cost of starting a hotel - the numbers are online and the rest is estimated.
Everyday we choose one financial decision over another. Should we buy a cup of coffee or should we save that money? What is the personal and financial cost.
A project to deepen the river by dredging would reduce the damages for both families.The deeper the dredging, the less the damages.The marginal benefits to each family are given in the table. Plot each family's demand curve for the project. Calcul..
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