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The federal government is planning a hydroelectic project cor a river basin. In addition to producing electric power, this project will provide flood control, irrigation, and recreational benefits. The estimated benefits and costs expected to be derived from the three alternatives under consideration are listed as follows:
The interest rate is 10%, and the life of each project is estimated to be 50 years.
a) Find the benefit-cost ratio for each alternative.
b) Select the best alternative, according to BC(i).
consider this topic and converse with your fellow classmates about choice, opportunity cost, and comparative advantage with regards to personal brand in social networking sites and/or associations you might belong to.
a selfless person approaches jones and smith with a 100 and offers to sell it to the highest bidder but both the
Comparative statics examine in economics is best illustrated as comparison of equilibrium points before and after changes in market have occurred.
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Bob is the company's best hourly worker, but his boss knows that Bob wishes to spend more time with his kids at home. Bob's boss gives Bob a huge increase in his hourly pay hoping to entice him to work more hours.
Do firms earn accounting profit under perfect competition Do firms earn economic profit Viewing yourself as a firm, would you say that most of your career choices will be made in a competitive market Explain.
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Assume a firm's production function is given by Q = 12L - L^2 for L = 0 to 6, where L is labour input per day and Q is output per day. Derive and draw the firm's demand for labour curve if output sells for $10 in competitive market.
Many critics however contend that the American Recovery and Reinvestment Act of 2009 were not effective at all except too much budget deficit
Listen carefully to the following video and summarize the main points that he is making and to what extent is it related to Adam Smith's invisible hand
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