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A new toll bridge is to be constructed over the Green River at a cost of $120M. The bridge requires maintenance costing $4000 annually over its 50-year life. Every 10 years, the bridge will require repainting at a cost of $1M. The value to motorists using this bridge is estimated to be $1.60 per trip. If the interest rate is 10% and 25,000 vehicles per day travel over the bridge, how much toll should be charged for each crossing? Rounding that toll up to the nearest nickel, what is the consumers' surplus?
In the short run, the marginal cost curve crosses the average total cost curve at:
The members of the Board of Governors of the Fed are. The budget of an economy is said to be in deficit when. The actions of the Fed
If an economy experiences an increase in its capital, everything else constant, then its production possibilities frontier (PPF) will a. Expand outward proportionally b. Expand outward largely in the direction the labor intensive good. c. Expand outw..
Consider a repeated game between a supplier (player 1) and a buyer (player 2). These two parties interact over an in nite number of periods. In each period, player 1 chooses a quality level q ∈ [0, 5] at cost q. Simultaneously, player 2 decides wheth..
q.1. a. differentiate between monetary policy instruments and monetary policy toolsb. describe the two key tools of
1. Briefly, explain the role of managers in both Principal - Agent and Principal - Principal conflicts.
Why would an entrepreneur choose C corporation status instead of one of the flow-through entity types? Include characteristics of formation, business activity, and distributions in your response. Discuss non-tax reasons as well as tax reasons.
Describe your outlook for the country's economic future if your advice is followed and if it is not. Predict what you think is most likely to happen and explain why.
Suppose you live in the United States and plan a vacation in London. You want to find the least expensive airfare ticket, so you request quotes from Independence Airline (a U.S. airline) and Queen's Airways (a U.K. airline). The following table shows..
While nicotine use can be addictive for many users, it is not addictive for the so-called "social smokers". Answer the following questions....
Discuss the benefits of an online product catalog. Your write up should be a minimum of 2-3 page You may use additional data sources to supplement your assessment of the case study. Use APA standards in citing your data sources.
Consider the market for taxi service in Washington, DC. Use demand-supply analysis to explain the effects (i.e., increase or decrease) on the equilibrium price and quantity from the following (considers each case separately; and assumes that only one..
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