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An artificial satellite circling the Earth completes each orbit in 112 minutes.
(a) Find the altitude of the satellite.
(b) What is the value of g at the location of this satellite?
Suppose the market for jelly is perfectly competitive. The equilibrium price of jelly is $4.00, and the equilibrium quantity is 30. The government imposes a per-unit tax of $1.00, paid by the producers of jelly. Draw two sets of identical price-quant..
China’s real GDP was 7,394 billion yuan in 2005 and 8,000 billion yuan in 2006. China’s population growth rate in 2006 was 0.5 percent. Calculate China’s economic growth rate and growth rate of real GDP per person in 2006.
One of the projects the loan would fund is to build earthquake-resistant buildings. The project will begin in March 2015, last for two years and is expected to have the following expenditures: start-up costs of $200,000 paid at the beginning of the f..
Recreational use of marijuana has been declared legal in Oregon. How might this information affect the market for marijuana in Oregon?
Some medical clinics participate in the testing of drugs that are still in the experimental stage. In such situations the Food and Drug Administration stipulates that the physician must explain to the patient the nature of the drug, its possible bene..
Compare and contrast fibre optic and wireless technologies within the context of a National Broadband Network (NBN) for Australia.
Find the? consumers' surplus if the demand function for a particular beverage is given by D(q)= 3000/(3q+8)^2 and if the supply and demand are in equalibrium at q=7. What would be the consumer surplus?
Jimmy and Ronnie are shipwrecked on a deserted isle. Jimmy has with him 20 bags of peanuts and 4 bags of jellybeans. Ronnie has 5 bags of peanuts and 16 bags of jellybeans. Draw the Edgeworth box including their endowment point. Put Peanuts on x-axis..
If taxes were cut by $1 trillion and the MPC was 0.75 by how much would the total spending a). Increase in the first year with two spending cycles ? b). Increasing over three years with two spending cycles per year? C). Increase over an infinite ..
Ana Lexington is the director of Membership Programs for the St. Louis Museum. She develops the programs and sells them to museum visitors. The programs are tiered and include discounts and special member-only deals. Which of the following actions by..
Banks manage their assets in a variety of ways. Explain the importance of “liquidity management”? What is the concern of the bank in regard to the liquidity of its assets? What can banks do to management liquidity risk?
How will a tax of $5 per unit produced affect the short- and long-run marginal and average cost curves? What about an annual license fee of $500 per year regardless of production level?
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