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You have a 50 L fish tank closed to the atmosphere containing 40 L water in your office. As it was dirty so you used 10 mg of the chlorinated solvent tetrachloroethene to clean the glass (i.e., bad idea). You have 15 fish in the tank, each weighing 10 g.
How much activated carbon would you need to add to the tank to reduce tetrachloroethene concentration below the drinking water limit (i.e., 5 mg/L)? You are told that the slope of the sorption isotherm for tetrachloroethene on activated carbon in water is 0.5 (mg/g)/(μg/l). The Henry's Law constant for tetrachloroethene is 1.8 x 103 Pa-m3/mol and the bioconcentration factor is 50 g/g / g/mL.
Calculate elasticity for each variable. On this basis, examine relative impact that each variable has on demand. Illustrate what implications do these results have for industry's marketing and pricing.
The following activities would not be included in the GDP: the purchase of a new car, gratuities at a restaurant, and payment to a neighbor for lawn-mowing services. Identify three more examples of transactions that would not be included in the GDP. ..
In what ways does technology influence public trust towards police? What are some of the contributing factors?
In a well-known legal case, Miller v. Schoene, a classic conflict of property rights was featured. Red cedar trees, used only for ornamental purposes, carried a disease that could destroy apple orchards within a radius of two miles. Suppose society c..
The cost of garbage pickup in Green Gulch is $4500000 for Year 1. Estimate the cost in Year 3 in Year-1 dollars and in nominal dollars. The population is increasing at 6%, the nominal cost per ton is increasing at 5%, and the inflation rate is estima..
Discuss the ethical issues surrounding each. What is your opinion regarding the situation? What would you do if you encountered a similar situation?
Return to Figure 9.2. Suppose P0 is $10 and P1 is $11. Suppose a new firm with the same LRAC curve as the incumbent tries to break into the market by selling 4,000 units of output. Estimate from the graph what the new firm’s average cost of producing..
Please state a potential problem in the event that a country strictly "optimizes" its production (i.e., specializes totally in one product) as the Ricardian mod
List three approaches to measuring GDP, explain how they work, and why they give the same answer, if there is no measurement error.
Choose a good or service that is supplied by a small number of oligopoly firms. Gather information on the good from public sources, library databases, etc. to answer the following questions: Who are the leading firms and what are their market shares?..
Which system would lead to increase in the use of trash compactors? Which would lead to the most garbage?
How much money can they gift to their children in 2014 without any gift tax liability?
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