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You are asked questions about 5 mutually exclusive candidates described as follows (all quantities are in thousands):Candidate 1: Present worth of costs = $1,000; Present worth of benefits = $8,000Candidate 2: Present worth of costs = $4,000; Present worth of benefits = $8,000 Candidate 3: Present worth of costs = $4,000; Present worth of benefits = $14,000 Candidate 4: Present worth of costs = $10,000; Present worth of benefits = $ 16,000 Candidate 5: Present worth of costs = $12,000; Present worth of benefits = $ 24,000 (a) Which system has the largest B/C ratio and should it be selected without further study or not? Explain. (b) Which system shows the largest incremental B/C ratio based on differences between alternatives? (c) Which system would you recommend and why?
Suppose that an increase in consumer confidence raises consumer expectations of future incomes and thus amount y want to consume today this might be interpreted as an upward shift in production function how does this shift affect investment and r..
Consider a monopolist informal moneylender and competitive formal creditors who lend to farmers. illustrate what are the interest rates.
utilizes the Keynesian cross to predict the impact on equilibrium GDP of equal-sized rise in both the government purchases also taxes
We do, however, have free trade in corn, which is fermented and distilled to make ethanol, and accounts for approximately 55% of the cost. Elucidate the effective rate of protection on the process of turning corn into ethanol.
Assume a central bank does not satisfy the Taylor principle. Use a graph to analyze the impact of a supply shock.
Explicates how the factors determining resource demand differ from those determining product demands.
She is considering quitting her job and going to university full time for four years.
Some economists argue that it is possible to raise the standard of living by reducing population growth.
Each bundle that the consumer chooses, draw the indifference curve that goes through that bundle.
Should Joe continue to search or buy a DVD player at a price of $200. Elucidate your answer and show your calculations.
Elucidate how which any two pure strategy equilibria of a zero-sum game are interchangeable also equivalent.
why or why not bert is in a set salary he drinks 4 bottles of tea and 10 slice of bread.the price of tea is $10 and $4 per slice of bread.the last bottle of tea added 50 units to berts utility and the last slice of bread added 40 units.is bert ma..
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