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A Toyota Camry costs $19,600 and has an average gas mileage of 27 Km/L. A Toyota Prius costs $23,000 and has an average gas mileage of 50 Km/L. Assuming gas costs $4 per litre, generate total cost equations as a function of miles driven for each of these cars and identify the the ?xed and variable costs. How many miles do you have to drive before the two cars have the same total cost?
What will be the impact on private saving (Sprivate), public saving (Spub), national saving (S)
Explain Cyber warfare is defined as, "Internet-based conflict involving politically motivated attacks on information and information systems. Cyberwarfare attacks can disable official websites and networks, disrupt or disable essential services, s..
1. Identify the problems that were experienced. 2. Discuss what preventative measures are now suggested to avoid similar issues in the future.
With respect to three goods- ice cream, green tea, and digital cameras, what does it mean when your preference for, and satisfaction gained from, these three goods are consistent with the assumptions of completeness, transitivity, and (What I call) t..
Suppose that we have a standard real intertemporal model with investment. The country experiences a natural disaster and the current capital stock K is greatly reduced. In other words, suppose that the representative firm begins the current period wi..
Excluding weather identify and explain two other factors that you think influence demand for gas - Explain price elasticity of demand. Explain three factors that affect price elasticity of demand.
If each test provides$6 net marginal revenue before labor and capital costs, is expansion advisable? Show all your work and explain your answer well.
Suppose that in the hypothetical country of Sore, coffee mugs are distributed based on government policy. This distribution rule gives the residents of Caffistan an incentive to spend time. People in the U.S. state of Iowa eat both corn and potatoes...
Using the base year as the comparison year, calculate the Real Value of Bill's Income for 2010 measured in base year dollars. Please show the work done
In the US economy we have two sectors, private and public sectors. In recession time, how can public sector help the private sector? Provide an example in the recent years. In non recession time, how can private sector help the public sector?
Suppose that the economy is in a recession and assume that the IS curve is relatively steep while the LM is relatively flat.
Assume that the low-calorie frozen, microwavable food company from Assignments 1 and 2 wants to expand and has to make some long-term capital budgeting decisions. The company is currently facing increases in the costs of major ingredients.
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