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What is the effect of a government subsidy that reduces the fixed cost of each firm in an industry in a Cournot monopolistic competition equilibrium?
How are leakages and injections balanced? Why will demand and supply in the product market be equal if leakages and injections are equal?
By assuming that the PVDF heat exchange surface is similar to the surface 9.68-0.870 and using the length of the matrix as 48 plates with 4 mm per plate, calculate the heat transfer coefficient and the frictional pressure drop.
Write the matrix for a game where the strategies for each firm are "produce 5" and "produce 6". The numbers from (a) and (b) will help you fill in some of the payoffs but others will take some more calculation.
If the city wishes to raise as much revenue as possible from the tolls, where will the city decide to charge a toll: in the inelastic portion of the demand curve, the elastic portion of the demand curve, or the unit elastic portion? Explain.
A purely competitive wheat farmer can sell any wheat he grows for $10 per bushel.His five acres of land show diminishing returns, because some are better suited for wheat production than others. The first acre can produce 1000 bushels of wheat, the..
An engineer wanted to celebrate graduating and getting a job by buying $2,400 of new furniture. Luckily the store was offering six-month financing at the low interest rate of 6% per year compounded monthly. Calculate the amortization schedule.
Assume that the average payment percase for the Medicare and Medicaid patients is $3,500. Assume thatHoly Family realizes no payment on its charity care and bad debtcases. Holy Family's contracts with commercial payers are negotiated
a) Suppose the inputs in problem 5 can be purchased at the same price per unit. Will production be relatively labor intensive or capital intensive b) Suppose input prices are PL= 40 and PK = 80 and the price of output is 10. Determine the optimal q..
What is the income elasticity of demand when motel rooms rent for $40?
How would you advise the government to tweak the policy for the following year? Why?
Compute the discount factor 1/(1+r)^t for r=1, 5, or 10 perent interest rates and t=30 and 50 years. remember that 1 percent is .01. based on your computation, is teh choice of discount factor important for deciding whether to do somehtinga bout..
With the help of suitable curves, show how accelerating and retarding admixtures affect the setting time of a concrete mixture.
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