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It is more useful to express the OPE as a function of [NOx] rather than as a function of [NO2] because of the rapid cycling between NO and NO2. Derive an expression for the [NO2]/[NOx] ratio as a function of [O3] only. Replace into your OPE equation. What do you conclude as to the dependence of OPE on the ozone concentration? Explain qualitatively your result. Does this dependence hinder or enhance the effectiveness of NOx emission controls for reducing ozone levels?
Each of 100 rms in a competitive market has a cost function of c(Q) = 72 + 2Q2, meaning each rm has a marginal cost of MC = 4Q. The market demand curve is QD = 600 5p. a. Solve for the short-run equilibrium price and quantity
Determine how pricing relates to elasticity of demand for competing models.
You, a real-estate developer, own a piece of land in Nassau, Bahamas, next to an equalsize piece of land owned by a competitor. Both of you have the choice of building a casino or a hotel.
What are some procedures in connection with dispelling going concern questions?
a. In which years did Argentina experience inflation In which years did it experience deflation (a falling price level) b. In which years did recessions occur In which years did expansions occur c. In which years do you expect the unmployment rate..
50 years ago a set of gold plated dinnerware cost $55, lastyear you inherited it. unfortunately if was destroyed in ahouse fire. the Aurum Flatware Cost Index (AFCI) was112 fifty years ago, today it is 2050.
A woman deposit $3500 dollars in a retirement account every year. If her account pays an average of 6% interest and she makes 38 deposits before she retires, how much money can she withdraw in 20 equal payments beginning one year after her last de..
Suppose demand for widgets is given by the equation P=20-0.5Q. Originally, the price of the good is $10 per unit. When a tax of $2 per unit is imposed, the price of the good rises to $12 per unit. How much total tax revenue is raised by the tax
What is the best estimate of the expected revenue from the auction?
What is the main reason for the estimation of the error in regression models
suppose a cost minimizing firm wishes to change its scale of production and needs to know the combination of labor and capital to employ. If the firms total cost outlay is $14, find this combination using the information
Define inflation. Assume that you live in a simple economy in which only three goods are produced and traded: fish, fruit, and meat. Suppose that on January 1, 2007, fish sold for $2.50 per pound, meat was $3.00 per pound, and fruit was $1.50 per ..
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