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Perform the indicated calculations.
Uranium is used in nuclear reactors to generate electricity. About 0.000000039% of the uranium disintegrates each day. How much of 0.085 mg of uranium disintegrates in a day?
Mike salary will stay at $60,000 per year until he retires. He currently has $82,345 in his retirement fund, which earns 7% annually. He is now 43, and he expects to live until he is 81(he found a website that predicted his life span based on his c..
Suppose that the market demand curve for a new drug is represented by P = 100 - 2Q, where P is the price in dollars per dose and Q is the annual output. (The marginal revenue curve is MR = 100 - 4Q).
1. The three fundamental economic questions of what, how, and for whom: a-exist because of scarcity. b-are much more serious in a socialist system. c-are not serious in a capitalistic system. d-are not relevant in the industrialized world of today.
What are teh amin advantages of probit and logit models over linear probability models (LPM)?
Determine the coordinates of the point P which divides the line segment AB where A is the point (x1, y1) and B is the point (x2, y2) so that AP/PB = m/n. Verify that in the case m = n you obtain midpoint formula.
Given this, why might stock prices be a good predictor of recessions?
Determine when a competitively produced product generates negative externalities in production, the industry will,
Assume that the production and distribution technology for all the new rms is the same as SIT press i.e., each firm bear a cost of $2 for each copy. Identify the equilibrium price and compute the equilibrium quantity
Consider an economy that produces only two goods: fresh apricots and dried apricots. In this economy, the technology of producing dried apricots is to place fresh apricots on special racks and allow them to dry in the sun. Fannie's Farms is the on..
Determine the amount of consumer surplus, producer surplus and net social welfare generated in this market. Evaluate how your answer for Consumer Surplus in part B would change if QD =11000 - 500P instead?
A company has a forklift, but is considering purchasing a new electric-lift truck that would cost of $18,000, have operating costs of 1000 in the first year, ,and have a salvage value of $10,000 at the end of the first year.
Determine the free trade equilibrium. Then calculate and graph the following effects of an import quota that limits imports to 50 bags.
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