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A new power plant will cost Newburg $2.1M to build and $230K per year to operate for its 25-year life, when its salvage value is zero. The higher efficiency of the new plant will lower utility bills by $21 per year for each of the 20,000 residents of Newburg. The plant's air pollution will cost residents $3 each per year. If i = 5%, should the new power plant be built?
Utilities which operate nuclear power plants are required to place funds into a "Nuclear Decommissioning Fund" in order to be sure that adequate funds are available to decommission the plant at the end of its useful life. A certain utility requires $..
Assume the demand for gasoline is perfectly inelastic—i.e., the demand curve is vertical. If a tax is levied on the producers of gasoline, what percentage of the tax collection would be paid by the consumers of gasoline 0% or 100%? Explain.
Investigate the Glass-Steagall Act. Explain its importance. Why do some economists argue that the replacement of the Glass-Steagall rules in 1999 caused the Great Recession of 2007-2008?
Calculate the interest portion of the fourth (4th) payment considering that an additional payment of $2,000 was made with the second payment.
What stage of the Product Life Cycle (PLC) is a pair of True Religion brand jeans in? Briefly explain your answer.
How large a crew should be used if the trawler owner is interested in maximizing the total amount of fish caught? How large a crew should be used if the trawler owner is interested in maximizing the average amount of fish caught per worker?
Medicare does not have an out-of-pocket limit. Suppose the government is considering adding an out-of-pocket limit. What are the advantages of doing so?
Variable costs are expenses incurred by the organization regardless of the number of products produced. Once the problem that brought the problem-solving team together has been addressed, the team is disbanded.
Firms in perfect competition will leave the industry if they
Arkensland is a highly industrialized countr. Prices have been steadily increasing over the last few years and inflation reached an all-time high of 8 % last year. Following this, the central bank came under pressure to reduce inflation to least 4 % ..
Bank has the following balance sheet. Reserves = $760, Loans = $7,800, T-bills = $560, Deposits = $8,000, and Debt = $800. Reserve requirement is 8%. How much excess reserves the bank holds?
With a focus on the concepts introduced in Granovetter (2005), write a brief (1-page) essay comparing his discussion of the Fur of Sudan and Arab merchants with the description in TechCrunch1 of the tech-funding needs in London and the arrival of Sil..
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