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Q. Your neighbor lives in a 2000-square-foot older home heated by natural gas. The current gas heater was installed in the early 1970's also has efficiency (Annual Fuel Utilization Efficiency or AFUE) of 65%. It is time to replace the furnace also your neighbor is trying to decide between a conventional furnace with an AFUE of 80% which costs $2,200 also a high-efficiency furnace with an AFUE of 95% which costs $3,600. Your neighbor has offered to pay you $100 if you assist in making the appropriate decision. Considering the weather data, typical heating loads also the price of natural gas in your area; make a recommendation to your neighbor based on convincing economic analysis.
Each bundle that the consumer chooses, draw the indifference curve that goes through that bundle.
Pretentious that yields for each stock are around generally distributed, with which investment strategy do you have the smallest chance of losing money?
Considering that the beekeeper gets that amount, what range of payments will the farmer admit.
Under very high rates of inflation, why would people prefer to use a barter system to buy goods, rather than use paper money.
You are asked whether current antipoverty policy meets three generally accepted goals of helping, minimizing cost, preserving work incentives also what changes you would favor and why.
A large school of sharks is reportedly seen by beach-goers at the beaches of Melbourne.
Compare the sum of consumer and producer surplus for the monopoly with the results for perfect competition.
If you match up pairs of buyers and sellers so as to maximize the total surplus of all transactions, what is the largest total surplus that can be achieved.
Assume the Bank of Japan allowed the money supply to grow by 2% each year while the Bank of Korea chose to maintain relatively high money growth of 12% per year.
Assume which the United States presently both produces kumquats and imports them.
Calculate the optimal money growth rate needed for the Fed to hit its inflation target in the long run.
Examine the key factors affecting the demand for and the supply of a good or service
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