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Question - George has just finished the cost analysis of a brass pump with and without an interior coating. The brass pump will last 3 years, but if an interior coating is applied, less energy will be needed for pumping. The interior coating costs $300, and the energy savings is $120 per year. George claims that the coating will save $60. Is George's work correct? If not, what has George done wrong?
Starting from short-run equilibrium, the following occurs: personal income taxes rise and foreign real national income rises. What is the effect on the price level, Real GDP, and the unemployment rate in the short run
scotti the engineer is contemplating the acquisition of a 2010 sports car. the negotiated price of the car is 36750
Conduct research using the online library as well as material from the text in order to determine methods used in economic analysis.
Assume your model from Q1 above refers to the housing market in Sydney, Australia, where the median house price recently topped $1 million. Briefly discuss one demand side factor and one supply side factor
A certain commodity cost 0.5 pound sterling in the United Kingdom. In U.S. denominated dollars, this same item can be purchased for 85 cents.
At the same time, many Autarkians have quit their other jobs in order to raise sheep to produce wool. What change in government policy could explain - Which of the two taxes is likely to cause more deadweight loss?
The possible merger currently faces some threats and that the industry decides on self-expansion as an alternative strategy, describe the additional complexities that would arise under this new scenario of expansion via capital projects.
Becky and Sarah are sisters who share a room. Their room can easily get messy, and their parents are always telling them to clean it up.
Does it appear that widgets would be a luxury good or necessity IF they sol at the perfectly competitive equilibrium (which they don't), and why?
consider that following short-run production function where l variable input q outputq 10l - 0.5 l2suppose that
What are the equilibria for the previous differential equation and What are the equilibrium points for y' = -1?
Do you believe the company should continue to use a value-based pricing mechanism? Why or why not? If you know the customer group has a high level of price sensitivity, what is your concern with this pricing scenario?
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