Reference no: EM13293247
Airport noise pollution costs that are directly borne by producers or their actual customers are:
Answer
A. marginal costs of production.
B. marginal external costs.
C. marginal social costs.
D. opportunity costs.
7. Minimum efficient scale will decrease if:
Answer
A. fixed costs increase.
B. transportation costs increase in relation to production costs.
C. transportation costs decrease in relation to production costs.
D. variable costs decrease.
Question 10
For two projects with the same cost, the one that is more risky has the:
Answer
A. lowest standard deviation.
B. lowest expected profit.
C. highest standard deviation.
D. highest expected profit.
Question 14
The law of diminishing returns implies that:
Answer
A. a given percentage increase in all inputs leads to that same percentage increase in output.
B. a given percentage increase in all inputs leads to that same percentage increase in output.
C. output increases at a rate less than the proportionate increase in inputs.
D. none of these.
Question 15
Which of the following is true about the tax incidence and tax burden of an increase in tax?
Answer
A. The tax incidence of a tax is always equivalent to its ultimate tax burden.
B. If the demand curve is more elastic than the supply curve, consumers will bear the majority of the burden of an increase in a tax placed on buyers.
C. If the demand curve is much more inelastic than the supply curve, then buyers will shoulder more of the burden of a tax placed on suppliers of a product.
D. The elasticity of demand and supply curves has no relevance for the ultimate tax burden.
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Describe how the system would operate in event of loss
: Source configurations can be combined to increase operating and maintenance flexibility. Sketch a hybrid primary-secondary selective system. Describe how the system would operate in the event of a. loss of one of the sources.
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How long did it take on average for credit customers to pay
: Credit sales for the year just ended were $3,943,709. What is the receivable turnover? The days' sales in receivables? How long did it take on average for credit customers to pay off their accounts during the past year?
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Explain lake lianna is equilibrated with the atmosphere
: Background: Lake Lianna is fed by two rivers, the Matthew and the Andrew. You have made careful water chemistry measurements throughout the year and found that the two rivers have the following pH and alkalinity
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Calculate the total power output of lit light bulbs
: two rooms, one at 30 degree Celsius and the other at 10 degrees Celsius, Calculate the total power output of lit light bulbs required in the warmer room
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If the demand curve is much more inelastic than the supply
: If the demand curve is much more inelastic than the supply curve, then buyers will shoulder more of the burden of a tax placed on suppliers of a product.
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How many additional circuit breakers must be purchased
: An industrial plant is to be supplied by three identical transformers. A decision must be made whether to purchased afourth transformer to build a sparing transformer system oralternatively, to configure the source as a secondary selective system.
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How to evaluate the partial pressure of each gas
: Calculate the partial pressure of each gas. PHe = WebAssign will check your answer for the correct number of significant figures. atm PNe = WebAssign will check your answer for the correct number of significant figures
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Design metering circuit to measure line-to-neutral voltage
: Design a metering circuit to measure the line-to-neutral voltage and line currents on a three-phase four-wire, 4.16-kVswitchgear main circuit breaker rated at 2000 amperes.
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Prove that the product of a non-zero rational number
: Prove that the product of a non-zero rational number and an irrational number is irrational and use a proof by cases to show that for any real numbers a, b and c, rnin(a, min(b, c)) = min(ntirt(a, b), c) .
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