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The marginal abatement costs (MAC) for Stark and York Paper are MACs = 0.2es and MACY = 0.25eY, where es and eY represent the amount of emissions cut by each company. What is the lowest-cost approach to reducing 90 units of emission?
Stark and York Paper each reduce emissions by 45 units.
Stark reduces pollution by 60 units and York Paper reduces emissions by 30 units.
Stark reduces pollution by 50 units and York Paper reduces emissions by 40 units.
Stark reduces pollution by 30 units and York Paper reduces emissions by 60 units.
John is considering bidding against Dave for an endorsement contract. He estimates it will cost $ 1 million to prepare the demo that must accompany the bid. The profitability of the contract depends on the bid price John submits. He could choose t..
The rent market price for a 1-bedroom condominium in NYC is $3,000. However, the government does not allow these prices to be charged and establishes a price ceiling. This means that the government sets the maximum rent that can be charged.
Demand for flower bouquets in a suburban town is described by: QD = 50 - 5 P + 2 Y, where Q is quantity, P is price per unit, and Y is an index of consumer income. Similarly, supply is described by QS = 10 P - 5.
find out where he stands in both exams. Show your work. Ross scored 80 on a statistics exam whose mean was 70 with standard deviation 5. He scored 85 on an accounting exam whose mean was 80 with standard deviation 8.
part-1question 1nbsp following the general methodology used by econometricians as explained in the session for week 1
If your bank held 3% of the units issued by a unit trust and the mortgages in the trust repaid $15,000,000 in interest and $2,300,000 in principal in its first year, how much principal and interest would your bank receive that year
Starting with the data fro Problem 6 and the data on the price of a related commodity for the years 1986 to 2005 given below, we estimated the regression for the quantity demanded for a commodity (which we now relable (Q x), on the price of the co..
A man borrowed 750 dollars from a bank. He agrred to repay the sum at the end of 3 years, together with the interest at 8% per year. How much will he owe the bank at the end of 3 years
A firm with market power has an individual consumer demand of Q = 20 - 4P and costs of C = 4Q. What is the optimal price to charge for a block of 20 units
Bottled water has the following demand function Qd = 50 - P/2. Assume that the supply curve for bottled water is given by the function P=50. A specific tax of 10 is imposed on sellers of bottled water. The economic incidence of the tax
the clap chemical company needs a large insulated stainless steel tank to expand its plant. clap has located such a
The initial price of cup of coffee is $1.00 and at that price, 400 cups are demanded. If the price falls to .90, the quanity demanded will increase to 500. a) calcuate the (arc) price elasticity of demand for coffee
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