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1. Assume that the demand curve for milk is given by Q = 100 - 10P, where P is the price per gallon, and Q is the quantity demanded per year. The supply curve is horizontal at a marginal cost of $2.
a) Assuming that the market is competitive, what is the price per gallon of milk and the number of gallons sold?
b) The dairy farmers lobby members of Congress, and get permission to form and maintain a dairy cartel (Yes, cartels like this actually exist in the dairy industry). If a cartel is formed, what is the price of milk and how many gallons are sold?
c) What is the deadweight loss from the cartel?
d) Suppose the dairy farmers had to hire lawyers to lobby and to maintain the cartel. How does this fact affect the deadweight loss you calculated in part c?
From what distance must the electron be red if it is to just fail to strike the plate?
A voltage source v(t) = 28.2cos(50000t) is wired in series with a 100 Ω resistor, a 0.40μF capacitor, and a 2.0 mH inductor. 1. Express the voltage from the source as a phasor, V. 2. Find the phasor current I in all the elements.
the following string of ASCII characters whose bit patterns havebeen converted into hexadeciminal for compactness:73 F4 E5 76 E5 4A EF 62 73. of the 8 bits in eachpair of digits, the leftmost is a parity bit, the remaining are the ASCII code
The solutions to Schrodinger's wave equation for a particular situation is given by Psi(x) = sqrt(2/ao)*e-x/ao. Determine the probability of finding the particle between the following limits: (a) 0
Under nominal conditions, the setpoint is maintained with an output of 50%. Find the proportional offset resulting from a load change that requires a 55% output if the proportional gain is (a) 0.1, (b) 0.7, (c) 2.0, and (d) 5.0.
Obtain the minimum value of R for which oscillation takes place.
4. consider a three slab geometry where each slab carries a uniform charge density and has equal width w in the z
At what frequency is the magnitude of the output voltage equal to half of the magnitude of the input voltage in the circuit of Figure?
show diagramatically the logic arrangement of a programmable logic array required to implement an S-R latch.
The 9s complement of a BCD digit can be used similarly to the way ones and twos complements of binary numbers are used preform subtraction via addition. The 9s complement of a BCD digit is simply the BCD coded result of subtracting the digit from ..
State with reasons whether the following signals are periodic or aperiodic. For periodic signals, find the period and state which of the harmonics are present in the series.
Calculate the thermal-equilibrium electron and hole concentrations in a compensated p-type semiconductor. Consider a silicon semiconductor at T=300K in which Na = 10e16 cm-3 and Nd=3x1015 cm-3. Assume ni = 1.5 x1010 cm-3.
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