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Answer the following questions in six sentences.
-Tell the story of SPINDLETOP. Discuss the key figures and the role played by each. What setbacks or challenges were overcome and what were the results of the Spindletop discovery?
Include in your answer discussion of any companies, inventions, or drilling practices that got their start at Spindletop. What impact did Spindlletop have on other industries, such as railroads? What did John D. Rockefeller's associate at Standard Oil say about oil in the West?
-Explain the work of an oil and gas landman. Please identify and explain at least two of the documents a landman will provide to his client. (There are up to four or five different documents, depending on the needs of the client.)
if demand is perfectly elastic the demand curve is horizontal. if demand for x shifts right as the price of good y increases, then x and y are substitutes. supply shifts rightward if input prices rise. it is possible for an economy to be inside its p..
Is the issue discussed in the article a microeconomic or a macroeconomic issue? Justify your answer.
An individual has an income of $1000 per month with which they buy the composite good with a price of $1 and food with a price $2/unit of food. Now assume that the government gives the individual food stamps worth $100. This is money that can only be..
q1. briefly summarize this loanable funds theory in your own words. identify at least one important entrepreneur that
Why China may not follow such a rule, while for Singapore it is not a concern?
(GDP, Retail Sales, Jobs, Manufacturing-ISM, Consumer Confidence, Inflation-CPI tell us about how our economy is doing today?
q1. what is true about using the least squares method of plotting an estimated regression line on a scatter diagram?q2.
Find a 99% confidence interval for the corresponding population proportion. Show your work to allow for partial credit.
If it cost Wardco $10million to treat the water and the value of mined products to customers is $8million, requiring water treatment would kill the project. Should Wardco be required to treat the water in this case?
In competitive markets, individual businesses operate as small sellers in the market. Suppose eBay e-books $4 per unit in a highly competitive market.
The social security system levies a tax on workers and pays benefits to the elderly. Suppose that Congress increases both the tax and benefit.
According to Nancy Birdsall, what are at least two policy recommendations that might help donors avoid coordination failures?
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