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A university spent $1.8 million to install solar panels atop a parking garage. These panels will have a capacity of 500kw, have a life expectancy of 20 years and suppose the discount rate is 10%.
a. If electricity can be purchased for costs of $0.10 per kwh, how many hours per year will the solar panels have to operate to make this project break even?
b. If efficient systems operate for 2400 hours per year, would the project break even?
c. The university is seeking a grants to cover capital cost . How big of a grant would make this project worthwhile (to the university)?
Using the net benefit ratio method of Deaton, please tell us whether a 10% increase in output price will increase or decrease the economic welfare of each of the following three agricultural households, by how much, and why (be sure to show your w..
What is the profit-maximizing p in the case that Godzilla and Macrosoft merge and suppose that Godzilla chooses its price first, and that Macrosoft only picks its price after observing Godzilla's price. Is the equilibrium price of the composite go..
Assume the monopoly sells its goods in two different markets esparated by some distance. The demand curve in the first market is given by Q1=55-P1,and demand curve in second market is given by Q2=70-2P2.
Delineate which market participants you believe benefited from the final court decision and whose interests were harmed.
Suppose a consumer's preferences can be described. Derive the customer's marginal rate of substitution at the point.
A firm has developed a new product for which it has a registered trademark.
Identify economic forecasts for real GDP, the unemployment rate, the inflation rate, and a key interest rate. What do your forecasts imply about the relative strength of the economy over the next two years.
Compute the coefficient of variation for each project and Classify the preferred project according to this criterion.
Remaining group did not have jobs, except all said they would like one. 5 of this group had not looked actively for work for 3 months.
Determine point price elasticity of demand at P= $3.00. Illustrate what would be new point price elasticity if price were raised to P= $4.50.
According to comparative advantage, in which industries would you recommend the country to specialize. Has the country specialized in your suggested industries.
The Wall Street Journal's experience after an increased its price to 75 cents. Illustrate what implicit assumptions are the publisher and the analyst making about the price elasticity.
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