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Question: Refer to Example. Would the pump recommendation change if the cost of electricity was $0.15 per kWh? What if the pumps were only required for 3,000 operating hours?
EXAMPLE 2-11Investing in Electrical Efficiency Two pumps capable of delivering 100 hp to an agricultural application are being evaluated in a present economy study. The selected pump will only be utilized for one year, and it will have no market value at the end of the year. Pertinent data are summarized as follows:
If electric power costs $0.10 per kWh and the pump will be operated 4,000 hours per year, which pump should be chosen? Recall that 1 hp = 0.746 kW.
much has been made of the fact that people dont consistently act with scientific rationality. what is meant by
Explain why the Tea Party argument as to shrinking the government will generate economic growth.
briefly contrast the neo-classical theory of growth with cumulative causation theory by describing what each would
What tool of monetary policy will the Federal Reserve use to increase the federal funds rate from 1% to 1.25% - If the Federal Reserve increases the required reserves, financial institutions will likely lend out
The marginal product of labor (measured in units of output) for Expando Corp. is given by MPN = A(400-N) where A measures productivity and N is the number of labor hours used in production. Suppose the price of output is $.150 per unit.
Determine how you, as the exporter, would incorporate best practices within your company and in your relationship with your freight forwarder to successfully manage the export of the items you selected in compliance with U.S. export regulations.
Discuss whether or not Paradise Shoes should expand its output further beyond 1200 pairs per week. State all assumptions and qualifications that underlie your recommendation.
Compare the path of economic growth using GDP, GDP growth, and GDP per capita. Compare the evolution of Agriculture and Manufacture as components of GDP.
Explain how this transaction would be recorded in your firm's financial statements. Additionally, your hospital has experienced negative levels of net income for the last five years. The total amount of accumulated deficits is $5 million
Suppose that you can sell as much of a product as you want at $100 per unit. Your marginal cost is MC = 2Q. Your fixed cost is $50. What is the optimal level of output? What is the optimal output , if the fixed cost is $60?
in 2-3 pages summarize the differences between tax financing and bond financing and thinking like an economist and not
1. Identify the feature of panel data that offers an advantage over cross sectional data and explain how the analyst can exploit that advantage
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