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A solution of benzene and toluene behaves ideally at 25?C. The pure component vapor pressure of benzene and toluene are respectively 12 kPa and 3.8 kPa at 298 K. Consider a spill of the mixture in a poorly ventilated laboratory. What is the gas-phase mole fraction of benzene in the room? Use Raoult's law. The mixture is 60% by weight of benzene.
Consider a $90,000 piece of machinery, with a 5-year depreciable life and an estimated $5,000 salvage value at the end of its 5-year life. Compute the depreciation schedule and the book values for the equipment by each of the following methods
Would it make any difference to the analysis of this game if we removed the information set of player 2 that links the topmost and bottommost pieces of the tree? If so, what difference? If not, are there information sets of player 1 that are simil..
For both sets of calculations, compare the firm's output price and the calculated average variable cost and average total cost. Should the firm shutdown immediately when the total fixed cost equals $1,000,000 Should the firm shut down immediately ..
Find the acceptable range of prices in terms of cars that 10 pianos will trade for. Show your work. Make sure your answer is clearly labeled
If John were to lower his price by $1, he would sell more carwashes, and still be able to charge a price above his marginal cost. Explain intuitively why it would not be profit-maximizing to do so. What price should John set for a carwash.
a) How many firms will operate in this market at a long-run equilibrium b) How would your answer change if each firm faced a price elasticity of demand of -4/3 and charged a profit maximizing price of $400 per unit
State your opinion on which of these pollutants other than CO2 are of more concern to you and why, backing your opinion with data from your readings, or from other sources outside the class.
Draw a picture involving reaction functions that shows what is going on in this situation.
During 2003, the economy began to stop worrying that inflation was a problem. Instead, the worry was about deflation, a decline in the price level. Assume that the fed decided to hold money supply constant. What impact will deflation have on inter..
Consider the same dataset as in section 5.5. Repeat the analysis of section 5.5 using all observations rather than restricting the sample to ages between 21 and 65 years.
A sample of 44 observations is selected from one population with a population standard deviation of 3.8. The sample mean is 101.0. A sample of 56 observations is selected from a second population with a population standard deviation of 4.0.
To do this, you must determine how many workers the firm should hire for different values of the wage rate in order to maximize profit. Complete the table below: Wage Rate Per Worker Quantity Demanded of Workers $45 $75 $225 $270 $320 $340
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