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Question: A simple, direct space heating system is currently being used in a professional medical office complex. An upgraded "variable air-volume system" retrofit can be purchased and installed for $200,000 (investment cost). Its power savings in the future will be 500,000 kilo-Watt hours per year over its estimated life of 8 years. The cost of electricity is $0.10 per kilo-Watt hour. If the firm's cost of capital is 12% per year and the residual value of the system in 8 years is $20,000, should the new system be purchased? Use the present worth method.
Calculate the potential distribution using the FDM on the dielectric surface bounded by conducting matarials at different potentials
Employ the following equation to demonstrate why firm producing at the output level where MR=MC will also be capable to maximize its total profit.
"If millions of people are desperate to buy and millions more desperate to sell, the trades will happen, whether we like it or not."
(1) How do market incentives and disincentives led to the growth or the eradication of poverty? How is poverty measured? What seems to be the best way to life people out of poverty?
Did the FOMC change the target for the federal funds rate? If so, what was the change? On balance, in its statement does the FOMC appear to be more concerned about slow economic growth or high inflation?
What is the amount and character of income or loss to A on this transaction? (b) Would your answer change if X, rather than A's three sons, owned all of the stock of Y?
Negative externalities that arise from the production of a good;a. cause an increase in the demand for the goodb. cause a decrease in the demand for the goodc. impose costs on third partiesd. bring private costs into equality with social costs.
Compared between monopoly and perfect competitive market, there is no deadweight loss in the latter one, so the market is claimed to be the most (static) efficient. What is deadweight loss? Why the standard theory says it is bad to society? Now, DWL ..
What are two ways for a competitive firm to determine the optimal level of production, that is, the level of production that will maximize profit or minimize losses?
consider the special case solved in the text where beta1 and utility takes the log form. suppose the real interest
1. assume nail mania advertises in the local newspaper. each day it advertises costs 100. over the past several months
Write down the consumer’s maximization problem, and derive the relationship between the marginal rate of substitution of current consumption for future consumption and the interest rate.
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