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You are using a topographic map to do field work in mountainous terrain. You need to hike over that ridge to get to the field area that you are interested in. The trail to the place you want to be is about 1.5 inch on the map, which has a scale of 1:24000. (Round to two decimal places.)
How many miles does 1.5 inches on the map represent? ________ mi
How many kilometers does 1.5 inches on the map represent? _________km
How many meters does 1.5 inches on the map represent? _________m
Carefully think about O/v and I/v. O is the annual operating cost and v is the number of units produced PER YEAR. You might be given O/v as a ratio where the annual operating cost has already been calculated. If the capital for a project was $400 mil..
Assume that the inflation rates in 2010, 2011, and 2012 were 1%, 2%, and 3% respectively. During the same periods, nominal interest rates were 5%, 5%, and 6%, respectively. What are the ex-post real interest rates in 2010, 2011, and 2012?
Do a discussion on the model of perfect competition also adopting strategies to gain marketplace power in competitive industries.
GM entered the Chinese market at a time when demand was very limited. Why? What was the strategic rational? Why did GM enter through a joint venture with SAIC? What are the benefits of this approach? What are the potential risks here? Why did GM not ..
Identify what type of unemployment each of the individuals below is facing by dragging and dropping the appropriate term into the bins provided. Use "structural unemployment’s, cyclical unemployment, and frictional unemployment." 2 are cyclical, 1 is..
q.assume that the most efficient production technology available for making vitamin pills has the cost structure given
A Systems Model of Politics and Policy in Birkland, assess the strengths and weaknesses of systems models. For every weakness that you identify, recommend how policy makers can overcome the weakness.
?The interest rate is the price paid for use of a: If income increases more rapidly than expected, then:
An endowment fund is established by an art museum. The fund earns 8% per year. The museum would like to use only the proceeds from the fund-none of the principal-for annual operating funds. The goal is to have the fund provide $40,000 per year. What ..
Using the Internet, research the influenza vaccine, or "flu shot." Use the following to guide your research: What are the economic benefits of the flu shot? Describe one (1) reason why the private market for flu vaccinations would produce an ineffici..
Suppose the MWTP in periods 1 (now) and 2 (one year from now) is given by P = 8-0.4q. Marginal extraction cost = $2. r = 10%. The available supply is 20 units. Suppose 13 units are consumed in period 1 and 7 units in period 2. Calculate the present v..
Suppose that you want to maximize the value of the function f(x) = 8x^2 - x4. Which value(s) of x satisfy the first-order condition for this maximization problem? Which value(s) of x are boundary points? Which value(s) of x solve the maximization pro..
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