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The fixed cost for a steam line per meter of pipe is $450X + $50 per year. The cost for loss of heat from the pipe per meter is $4.8/X1/2 per year. Here, X represents the thickness of insulation in meters, and X is a continuous design variable. What is the optimum thickness of the insulation?(HINT: Round up to 4 decimal points, e.g., 0.1234; skip unit)
Fill in the table for the perfectly competitive firm. Explain how you arrived at each number and what is the optimal output, price and profit of the firm?
Compute the industry price necessary for firm to supply 10,000, 20,000, and 30,000 pounds. Compute the quantity supplied by the firm at industry prices of $1.50, $2.50, and $3.50 per pound.
Prepare functional specifications for the company's use of the Web and the Internet. Include links to and from other sites in your design.
What is the Marginal Rate of Transformation between sugar and tea?
ist one industry that is an example of aperfectly competitve industry and one that is an example of amonopoly. Explain and discuss why these industries are examples of perfect competition and a monopoly using the characterstics of these industries..
question 1 the economic implications of externalities 5 marks to parts a and ba briefly explain what an externality is
analyze the risks involved in the foreign-exchange market and create a list of best practices that almost any
A price consumption curve and a demand curve an individual demand curve and a market demand curve
If the equilibrium real wage remains constant, what happens to the nominal wage when the actual inflation rate exceeds the expected inflation rate?"In the steady state, the government benefits from inflation."
The Principal-Agent Problem: You are hired as a management consultant to provide recommendations on how to stimulate productivity of the manufacturing firm that produces Printer Cartridges. Your 50% of the variable salary (consulting fee) is direc..
From 1970 to 2000, the supply of college graduates to the labor market increased dramatically, while the supply of high school (no college) graduates shrank. At the same time, the average real wage of high school graduates fell.
low income housing or subsidized housing in urban economics.the paper must be atleastten pages longmake sure that you
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