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1. Suppose that Scott and Bob live on the same street. In the winter, both of them like their streets plowed. Bob's demand is given by Q = 40 - P, and Scott's demand is given by Q = 30 - 2P. Suppose that the marginal cost of plowing the snow is constant at $35. (a) What is the social marginal benefit curve?
(b) What is the socially efficient amount of plowing that should be done? (c) What would be the socially efficient amount of plowing if the marginal cost of plowing were $5?
Suppose you own a specialized auto parts manufacturer. You purchase and have installed a new machine to make a particular type of part. The price of the machine plus installation is $300,000. If you have already purchased the machine, should you go a..
Suppose that your city government is interested in reducing littering. Currently, there is a $100 fine for littering and there is a 10 percent probability of being caught if you litter. If litterers are risk averse, which policy would lead to a large..
Assume the interest rate is 5.75 %. how much do you have to deposit each year make sure that 8,000 can be withdrawn for the 4 years?
Which of the following careers in real estate would involve primarily working with local governments and civic groups for the purpose of anticipating future growth and land use changes? Property owners who deal only with their own property are not re..
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An airport is being constructed less than 1/4 mile from a local community. The community is concerned with the negative impact it may have on the residents
Lisa sets herself a goal of of amassing $400,000 in her retirement fund by the time she turns 60. She begins saving $3,000 each year, starting
Determine the CPI for a couple of months and create a PowerPoint to explain the information - Prepare several slides in the PowerPoint-style that present and explain this information as it relates to inflation in a clear manner.
Choose what you consider the most significant difference between B2B E-Commerce and B2C E-Commerce: Explain the difference using an example, and why you think it is the most significant.
q.suppose you are attempting to buy a used bicycle and you are bargaining with the owner over the sale price. the bike
Discuss their services and the organizational structures used by venture capital firms. What are the main stages of financing?
For a $85,000 mortgage with a 30-year term and a 12% nominal interest rate, write an equation using engineering economy factors for the outstanding balance afte
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