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Suppose the price of solar panel (Pe) is $20 and the price of coal (p) is $10 and a representative firm in the power-sector has two types of technologies availble with a goal to produce on KWh of electricity
Question 1. Calculate the production costs required for the two types of technology. Which technology would a firm choose?
Question 2. Write down the equation of the isocost line thay includes each technology. Make E the subject of the equation
Question 3. Draw the two isocost on a diagram. Indicate Technologies A and B and the relative input price
Suppose the price of solar panel (Pe) is $20 and the price of coal (p) is $10 and a representative firm in the power-sector has two types of technologies avaible with a goal to produce one KWh of electricity
The philosopher Karl Jaspers has claimed that modern technology brings an "immense joylessness." Do you agree? Is factory work unpleasant, to your mind? Office work in a very large organization such as an insurance company? Do you think the nature..
The adoption of a consumption tax would have a significant effect on the market value of certain assets. Which assets are likely to decrease in value? Which to increase in value? Should the government do anything to compensate the losers or to tax..
Suppose it is known that 45% of the population are Coalition voters, 45% are ALP voters, and 10% vote for Greens.
What are the comparative risk considerations between the two?
Ann Isabel, a recent graduate from Tech, would like to be a millionaire when she will retire after 30 years. She would like to start with a deposit of $1,000 at the end of the first year and increase it every year by $400 thereafter. What interest..
What is the firm's marginal revenue at each positive rate of output Its average revenue d. What can you say about the relationship between marginal revenue and marginal cost for output rates below the profit-maximizing (or loss-minimizing) rate
The vapor pressure of solid benzene is 0.3 kPa at 243 K and 3.2 kPa at 273 K. The vapor pressure of liquid benzene is 6.2 kPa at 283 K and 15.8 kPa at 303 K. Estimate the heat of fusion of benzene.
What will happen to the market price in the long run?
The consultant uses data to estimate the following equation: Q = 1,500 - 4P + 5A +10I + 3PX where Q is the amount demanded per period; P is the price of the product in dollars; A is advertising expenditures in thousands of dollars
According to Exhibitor Relations Co., in 2006 average movie ticket prices were $6.55 and attendance was 1.4 billion; in 2007 ticket prices were $6.88 and attendance was 1.41 billion.
What do you need to know about borrowing?
If the Canadian production function is Cobb-Douglas with capital's share in total output 0.3, output growth is 3 percent per year, depreciation is 4 percent per year, and the capital-output ratio is 2.5,
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