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The structural engineering design section within the engineering department of a regional electrical utility corporation has developed several standard designs for a group of similar transmission line towers. The detailed design for each tower is based on one of the standard designs. A transmission project involving 50 towers has been approved. The estimated number is engineering hours needed to accomplish the first detailed tower design is 126. Assuming a 95% learning curve, what is your estimate of the number of engineering hours needed to design the eighth tower?
Dependency theory characterizes countries as being either in the center or on the periphery
Ruth decides to open a Doggie sweater company. It costs her approximately $5 in wool costs, and she pays $3 in labour costs to her knitting ladies. Their group meets at a hall which costs approximately $50 for rent.
A medical device company has a monopoly on a certain class of cardiac implants. Demand for the implants is given by P=28000-5Q and marginal revenue is given by MR=28000-10Q. The total fixed costs for the implants division is 50000 and the marginal co..
If interest rates could be deducted from income, would an investor change his/her decision based on question 1.
Assuming the labor supply curve to an occupation is upward sloping, economic rent is earned by:
q.in year 1 and year 2 there are two products produced in a given economy computers and bread. suppose that there are
q1. decreased by 4.86 per day wait for a new-patient appointment and by 5.20 per minute wait in the reception room p.
After 1, 2, and 3 years, it will pay a dividend of $5.You expect to sell the stock after 3 years for $120. Is XYZ a good investment. Support your answer with Calculations.
Illustrate what is total subsidy that firm receives at this optimal level of emissions? total abatement cost of firm at optimal level of emissions.
What fraction x of your money should you invest in risky asset in order to maximize your utility. What happens if A is large.
Illustrate what cost should each industry charge if it wants to maximize its profit. Why are costs and output of industries 1 and 2 same however different for industry 3.
A firm has a monopoly on a new type of gaming console. The market demand is given by P=175.3-0.003*Q and thus marginal revenue is MR=175.3-0.006*Q. The monopolist's marginal cost is MC=5.2+0.001*Q. Calculate the profit-maximizing production quantity.
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