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Researchers have created a genetically modified papaya that is resistant to a common virus overtime this genetic engineering has caused the price of papyrus to fall. Why does this happen be specific on your answer and use what you've learned about supplying demand support your thoughts.
A proposed project has indefinite life. The initial cost of the project is $70,000. There will be a onetime investment of $100,000 at the end of Year 6, and an operation cost of $10,000 per year from the end of Year 10 through infinity. If the intere..
Specifically, he's interested in knowing all of the per worker output for every employee that is operating in the area of diminishing marginal returns.
She is interested in calculating the time required to construct the 1st and 25th pillars. Compute the values for her.
You are the manager of a large crude-oil refinery. As part of the refining process, a certain heat exchanger must be replaced every year. The replacement and downtime cost in the first year is $180,000. how much could you afford to spend for a higher..
soda consumption, the government has placed a tax of $4 per two-liter bottle that is added to the consumer’s bill at the checkout. Before the tax was imposed, what was the equilibrium quantity? After the tax is imposed, what is the equilibrium quanti..
U(x,y)=3x+y, where x and y represent the quantities of two goods, X and Y. The ocnsumer has I=60 , to spend on the two goods, and good Y costs Py=2 per unit. The price of good x, Px is also exogenous. Calculate the consumer's elasticity of demand for..
ECON131 - Quantitative Methods in Economics, Business and Finance - Write down an expression for the population in year
The total weekly revenue (in dollars) that a company obtains from selling goods x and y is: R = -(1/4)x2 - (3/8)y2 -(1/4)xy +300x + 240y and weekly cost of prod
Discuss the effect of fiscal policy on interest rates and investment. Explain crowding out effect.
Suppose the market for pizza is perfectly competitive. Furthermore, suppose the total cost curve for a typical pizzeria is TC = 2 + 12q2 where q represents the quantity of pizzas sold by a single pizzeria each day. How many firms will operate in this..
Determine which of the following passages contain arguments and which do not. Once you determine the passage as non-argument, identify then which one of the fiv
If Robinson Crusoe can, either shoot 5-wild geese or catch 15-fish, on average, for every hour of labour effort. i.e. opportunity cost of shooting one wild goose is three fish.
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