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A public utility commission requires that a trust fund be established by a private company wishing to build and maintain a water treatment plant for a small city. The company must deposit enough money to build the plant and then to operate and renovate the facility in perpetuity.
The plant will cost $10,000,000 to build, has an annual operating expense of $600,000, and must be renovated every 20 years at a cost of $1,000,000. The trust fund earns 6% interest. What amount must the company put in the trust fund?
A small business which produces plastic vacuum-suction covers for round household dishes has monopoly that is protected through a utility patent. Market demand curve for this product is estimated to be:
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Groups need to choose a topic from the list of topics provided by the lecturer and write an essay on the chosen topic. (This list is placed under additional readings on your BB)
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Classify each of the following as either an operating target or an intermediate target, and explain why.
Illustrate recommendations would you make to Congress and the President for the management of fiscal policy.
Presently you have to decide on a strategy - will PM Company simply sell its products (trade) or expand its markets via investment.
Compute and contrast the way Keynes and Friedman approach the economy. What are the key differences and similarities.
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