How soon will additional capacity be needed

Assignment Help Microeconomics
Reference no: EM131017454

Assume that a small town has a peak electrical demand of 105 MW, increasing at a compounded rate of 10% per year. The current generating capacity is 240MW.

a) How soon will additional capacity be needed?

b) If the new generator is designed to handle the load 5 years beyond the date above (a), what size should it be? Assume the current generators continue in use.

Reference no: EM131017454

Questions Cloud

Arnold schwarzenegger has a long one : Arnold Schwarzenegger has a long one. Michael J. Fox has a short one. Madonna doesn't use hers. Bill Clinton always uses his. The Pope never uses his. What is it?
Joseph and lena are found dead on the floor : Joseph and Lena are found dead on the floor with some water around. The windows are open and a strong wind draft is blowing the curtains around. How did they die?
How can we retrain ourselves to see criticism : How can we retrain ourselves to see criticism as a helpful and positive thing (even when the feedback is negative)?How can we better learn to discern between helpful criticism and judgmental criticism?
Demonstrate an understanding of infant developmental : Demonstrate an understanding of infant developmental milestones as they pertain to cognition, motor skills, sensation, and perception., write a short story about a child's journey from birth to age 1. This can be a fictional child describe the child'..
How soon will additional capacity be needed : Assume that a small town has a peak electrical demand of 105 MW, increasing at a compounded rate of 10% per year. The current generating capacity is 240MW. How soon will additional capacity be needed?
Marijuana : Write an expository (informational) paper about your chosen topic. You should cover all aspects of your particular drug.
What percentage of your callers needs to be referred : What percentage of your callers needs to be referred? Of those who had to be referred, what is the average referral time? Develop an Excel program and simulate this problem for 25 calls. Compare your results with the ones in part a and report the d..
Analyze the basic functions of management : Explain how the concept of innovative management creates a new paradigm for managing an organization in the 21st century, through the enhancement of technology
Find the exact area under the graph on the given interval : Find the exact area under the graph of f(x) = x2 - 2x + 2 on the interval [-1 , 2] using limits with a right sum. Correct notation is crucial.

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd