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In order to improve evacuation routes out of New Orleans in the event of another major disaster such as Hurricane Katrina, the Louisiana Department of Transportation (L-DoT) is planning to construct an additional bridge across the Mississippi River. The department uses an interest rate of 8% and plans a 50-year life for either bridge. Which design has the better present worth?
All Costs in $M Suspension Bridge Cantilever Bridge
Initial construction $585 $470
Land acquisition 120 95
Annual O&M 2 3
Annual increase 4% 0.3
Major maintenance 185 210
(Year 25)
Salvage cost 30 27
Wheat can only be sold at a central market place M. All producers that do not produce it at M need to haul it there in 11order to sell it and will incur transportation cost. People are willing to pay $222 per ton of wheat; its marginal production cos..
How can the use of Material Requirement Planning Contribute to productivity?
Assume the central bank implements contractionary monetary policy, which is fully anticipated by financial markets.
As an economy develops and becomes more integrated into the world economy how do its costs of production change
Spacely Sprockets' short-run cost curve is: C(q, K) = + 15K, where q is the number of Sprockets produced and K is the number of robot hours Spacely hires.
Graph the demand and supply curves with appropriate intercepts. Calculate equilibrium. Calculate Demand Price Elasticity and interpret. Calculate Supply Price Elasticity and interpret.
The saying "Give a person a fish also he shall eat today; teach a person to fish also he will eat forever" is most consistent with.
a. Identify each firm's dominant strategy. Identify the Nash equilibrium.
Calculate the expected value of an investment that has the following payoff frequency: a quarter of the time it will pay $2,000, half of the time it will pay $1,000 and the remaining time it will pay $0.
Speaking of competition, why is it that company’s who are in competition with one another often located right next to each other? Where I live, if you see a McDonalds, within a block there is a Burger King. As you drive down our main street, you hit ..
Using the model of supply and demand, find the effects of an increase in income on quantity and price.
1. You borrow Php3,500.00 for one year from a friend at an interest rate of 1.5% per month instead of taking a loan from a bank at a rate of 18% per year.
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