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Benefits of abating emission: MB=500-20A
Cost of abating emission: MC=200+5A
What are the marginal benefit and marginal cost of abatement at socially efficient level of abatement? What is the net social benefit at the efficient level?
How could we get 1800?
The face value of the bond is $1,500, and the bond is currently trading at $1,232.56. Calculate the bond's yield to maturity.
Write out the payoff matrix for this game, and then find its Nash equilibrium.
A sample survey to estimate the fast-food market in a large city was kept small enough to allow repeated follow-up. The high response rate meant that the sample was essentially random. Calculate a 95% confidence interval for the mean of the whole pop..
An investment to modernize a distribution center is being considered. Specified automated storage and retrieval equipment has been proposed for the storage of pallet loads of product. The building has a projected life of 30 years, and the storage/ret..
The legislature passes a 10 percent investment tax credit. Under this program, for every $100 that a firm spends on new capital equipment
This is a program that will evaluate simple expressions such as 17 + 3 and 3.14159 * 4.7. The expressions are to be typed in by the user.
What is the monthly interest rate? How much will Susan pay each month for 45 months? What effective interest rate is being charged?
You are the manager of a firm that produces output in 2 plants. The demand function is P = 120 - 6Q where Q = Q1+Q2. MC associated with producing in 2 plants are MC1=2Q1 and MC2=4Q2. How much output should be produced in plant 1 in order to max profi..
Is the perfectly competitive model a good benchmark for an economic system which uses Biblical worldview? Use Scriptural support where appropriate and also comment on the perfectly competitive model as a guide for public policy. What should be the ro..
Susan made 4 uniform annual deposits of $1800 in a savings account that earned an interest rate of 2% per year. Her last deposit was made 7 years ago. What is the future value of her savings 13 years from now, if she leaves the account untouched?
'The Theory of Individual Behavior', and much of the chapter is devoted to the use of indifference analysis to build a framework for demand theory. Indifference analysis goes to great lengths to explain consumer behavior and how consumers make choice..
Elucidate why housing is expensive around campus and use the concept of implicit cost to justify students' hesitation to move away from campus.
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