What will be price of uranium today and one year from now

Assignment Help Microeconomics
Reference no: EM133501063

Problem: Electricité de France (EdF) operates nuclear plants in France. Suppose it decides to own uranium mines, a competitive industry, and faces demand P = 300 - 10Q, where Q is tons of uranium and P is €/ton. Marginal extraction cost is €30. The discount rate is 20%. Assuming there are only 40 tons of uranium remaining in the mine, how much should EdF extract today, and how much a year from now? What will be the price of uranium today and one year from now?

Reference no: EM133501063

Questions Cloud

How important are contracts in the operation of a business : How important are contracts in the operation of a business, governmental entity or non-profit institution?
What will be the private compliance cost to the firm : Will the firm buy or sell permits in the cap-and-trade market and how many? What will be the private compliance cost to the firm after trading?
Identify the groups in the community that could be helpful : Identify the groups in the community that could be helpful or involved in message delivery. Briefly explain how you ould evaluate this program's effectiveness.
Describe the various components of microsofts strategy : Describe the various components of Microsoft's strategy that you discovered in the Microsoft 2022 Annual Report.
What will be price of uranium today and one year from now : How much should EdF extract today, and how much a year from now? What will be the price of uranium today and one year from now?
Describe this organization briefly : Please describe this organization briefly and articulate clearly a major problem or issue within that organization.
What are total uncontrolled emissions : What are total uncontrolled emissions? How much abatement would each firm be required to undertake given this emission standard?
What subsidy per kg should the government offer : What subsidy per kg. should the government offer? What total subsidy payment would the firm receive? Identify the area in your graph.
How many will be traded and what will be the equilibrium : How many will be traded and what will be the equilibrium permit price once trading stops? Compute the private costs of this cap-and-trade program for each plant

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd