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Question - An automaker has a car that gets 10 kilometers per liter of gasoline. Gas prices will increase 12% per year, compounded annually, for the next 8 years. The manufacturer believes that the fuel consumption for its new cars should decline as fuel prices increase to keep the fuel costs constant. To achieve this, what must be the fuel rating, in kilometers per liter, of the cars 8 years hence?
Long-run cost curves are planning curves, while short-run cost curves are operating curves. Do you agree or disagree with this statement?
questionmotorists have a choice between a petrol fuelled vehicle and a diesel equivalent which have different fixed and
A newly constructed bridge costs $15,000,000. The same bridge is estimated to need renovation every 15 years at a cost of $3,000,000. Annual repairs and maintenance are estimated to be $1,000,000 per year. (a) If the interest rate is 5%, determine th..
What is the key assumption needed to show how one can construct a numerical utility function out of just a preference ordering? Don't just draw a picture; explain what the assumption means and apply it to show how to construct that numerical util..
review the pizza store layout simulation. during your review examine the process in this simulation. play it at least
Calculate the present value of his expected earnings for the years 2015-2022 - Explain and show your calculations - What is the present value of his lost expected earnings.
Principles of economics for evaluating and assessing the need for the public health initiative - A brief description of whether the initiative is a micro or macroeconomic program
According to the textbook, the current world economy is increasingly becoming integrated and interdependent; as a result, the relationship between business and society is becoming more complex. Use the Internet to research one (1) of the follo..
Which of the following are characteristic of oligopolistic industries? a. a large number of firms b. few firms c. a high degree of product differentiation d. high barriers to entry e. free entry and exit f. mutual interdependence.
Explain how a +0.5% adjustment in domestic interest rates would affect international investment flows. Determine if such a change would have a bigger impact on larger or smaller countries.
Calculate the marginal cost for each entry of the quantity in the above table, and using the marginal cost you computed, find the quantity of output.
The demand and supply curves for T-shirts in LA, Ca, are given through the following equations, Determine the equilibrium price and quantity after the shift of the demand curve.
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