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Question: Henry Ford's Model T was originally designed and built to run on ethanol. Today, ethanol (190-proof alcohol) can be produced with domestic stills for about $0.85 per gallon. When blended with gasoline costing $4.00 per gallon, a 20% ethanol and 80% gasoline mixture costs $3.37 per gallon. Assume fuel consumption at 25 mpg and engine performance in general are not adversely affected with this 20-80 blend (called E20).
a. How much money can be saved for 15,000 miles of driving per year?
b. How much gasoline per year is being converted if one million people use the E20 fuel?
Assume that James owns a wheat farm that produces an annual crop of 500 bushels. His only choice is to store it in a nearby grain elevator owned by Martin, whose facility will be empty unless James is using it.
1. What is paid media? 2. What is owned media? 3. What is earned media?
1. Which countries consume the most dung and how do the energy statistics in the BP Statistical Review account for it? 2. Explain why consumption of a particular energy source typically ceases long before the stock of supply is exhausted.
Through what instrument does the central bank carry out monetary policy? How do the bank's actions transmit through the economy
How would you advise your friend relative to monitoring changes in the business cycle (i.e. identifying expansion vs. contraction of the economy)?
But seriously, after consulting your readings, explain in your own words, what revenue cycle is and what it is good for. Be sure to include your interpretation and experiences if you have had any in working with the revenue cycle process.
What is the best resource for a GCC/G++ beginner to learn about implementing a distributed file sharing system on a Local Area Network?
Illustrate what extent are these definitions of economics and happiness similar. To what extent are they different.
What are the main concepts that we study in macroeconomics.
What role can foreign direct investment (FDI) and multinational corporations (MNCs) play in the industrialization process as economies pass through.
1. How is the Chairman of the Board of Governors selected. 2. What is the makeup and purpose of the Federal Open Market Committee? 3. List and briefly describe the major functions of the Federal Reserve System.
Assume that the marginal cost of a cup of coffee is 10 cents. Assume that the seller can use a two-part tariff coffee purchasing plan (where plan has a price per cup and an entry fee). Concretely, the amount of money that consumer spends on X cups..
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