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Technology Maturation
Green Futures operates a solar panel power generation facility in Florida. The current field generates 10 million kilowatt hours per year, however every year production drops off by 1 million kilowatt hours, as dust and droppings accumulate on the panels. Replacing the panels right now with the newest technology panels will increase output to 15 million kilowatt hours, which will then also drop off by 1 million kilowatt hours per year. A new set of panels costs $1.5 million installed. In 2 years, an even newer panel will be available, with 18 million kilowatts output for only $1 million installed. Green futures sell electricity for $0.08 per kilowatt hour. When must the panels be upgraded? Do an analysis over the next ten years. Use a discount rate of 18 percent.
in a meeting about whether to store inventory in a company-owned warehouse or rent a warehouse a colleague says we
you are the chief economic advisor of the president of dreamland. right now the country has unemployment of 7.7 . the
Assuming that U =0.5, would an hour spent in the labor force searching for a job make the husband better off or worse off? Would the worker continue to be a member of the labor force under these conditions? If not, how would he be ca..
externalities come about when individuals impose costs on or provide benefits to others but do not consider those costs
In the debate on fixed versus floating exchange rates, the strongest argument for a floating rate is that it frees macroeconomic policy from taking care of the exchange rate.
Some fields have large enough quantities of both oil and natural gas that coordination must be achieved for the production of both, rather than oil a in our examples. Will fields with both oil and gas have greater difficulties in unitization.
assume that the low-calorie microwavable food company from assignments 1 and 2 wants to expand and has to make some
Various economic decision makers exist within an economic system. List and briefly discuss the various role players in the economy.There are four role players
Draw the game as a table. What are the Nash equilibria of this game? How does this game differ from a prisoner's dilemma, and how can participants achieve the optimal (both hunt Stag) outcome?
a pharmaceutical company has a patent on a lung cancer treatment drug that gives them a monopoly over thenbsp
the paradise shoes company has estimated its weekly tvc function from data collected over the past several months as
Under a welfare plan, poor people are given a lump-sum payment of $L. If they accept this welfare payment, they must pay half of anything they earn to the government as a tax. If they do not accept the welfare payment.
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