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Application: light bulb efficiency and energy consumption
LED light bulbs use only 20 to 25 percent of the energy used by traditional incandescent bulbs. Even if all consumers replace their old bulbs by the LED bulbs, do we expect that the arrival of LED light bulbs will decrease energy consumption for lighting by 75 to 80 percent? Please explain the reasoning behind your answer.
q1. mary kay ash was one of the first individuals who sold cosmetics directly to customers via independent sales
Identify the two events that can cause a shift in the Production Possibilities curve.
Does this make economic sense? Explain the rationale behind equal prices for unequal distances in air travel using supply, demand, and cost curves.
The New Zealand dollar pushed toward U.S.55c yesterday as the greenback was dumped on a surprise U.S Federal Reserve initiative to pump more money into a still-choked financial system. Prior to this move was the NZ dollar trading at U.S.56c or U.S.54..
q1. the average height of 27 unfertilized plants is 13 cm s 3.9.and you wish to test whether this differs
q. specify whether you agree or disagree with the subsequent statements. in brief explain your answer.a. increasing
q1. unlike discretionary changes automatic stabilizers have the obvious advantages that they act instantly explain
To what extent is to greek proverb "Happiness is the full utilization of your capacities along lines of excellence." similar and different from the traditional definition of economics.
Given this risk, how should the column player act. Anticipating the column player's thinking, how should the row player act.
If you move to a larger house in 10 years and pay off the loan, what is your effctive annual interest rate? d) If you are transferred in 3 years, what is your effective annual interest rate?
Plot (using a spreadsheet or other graphical tool) the following scenarios for per-capita GDP on a ratio scale. Assume that per capita GDP in the year 2000 is $10,000. Use the Rule of 70 to estimate the value of per capita GDP on the graph for the ye..
Compare and contrast the global marketing strategies of Samsung, Sony and Phillips after listing two or three elements of each company's global marketing strategy.
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