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Economics Please Help! Assume that two power plants, Firm 1 and Firm 2, release sulfur dioxide (SO2) in a small urban community that exceeds the emissions standard. To meet the standard, 30 units of SO2 must be abated in total. The two firms face the following total abatement costs: TAC1 = 100 + 16A1 + 0.25A12 TAC2 = 50 + 10A2 + 1.25A22 A)Determine how the abatement levels should be allocated across the two firms to minimize costs.
Using ONE of the issues below, briefly explain why intergovernmental relations is so complex in the US:a) Illegal immigrationb) Homeland securityc) Educationd) Welfare Why is Woodrow Wilson described as the father of Public Administration in the US? Briefly explain the meaning of political power and administrative power Why is Max Weber's characterization of bureaucracy considered the essential building block for understanding the formal institutional structures of public administration?
using the marginal utility theory explain the consumption patten of consumers
Why do some countries have a low real per capita income? Low real per capita income considers being largely due low productivity (i.e., output per worker) of low valued added
Use the following general linear demand relation: Qd = 680 - 9P + 0.006M - 4PR where M is income and PR is the price of a related good, R. If M = $15,000 and PR = $20 and the suppl
Q. Describe Endogenous growth theory? Endogenous growth theory or new growth theory was developed in the 1980s by Paul Romer and others. In neo-classical model, technological p
Assume a 5 year equal payment amortization schedule with an annual interest rate of 12% and annual payments. If the beginning is 8,000 then the first interest payment will be how l
what is gdp
Raising chickens requires several types of feed, such as corn and soy meal. Consider a farm in the former Soviet Union. Try to describe how decisions on the number of chickens to b
how the theories of trade cycle affects in the business
what is credit multiplier?
If population growth is greater than the growth of real output, A. real per capita Gross Domestic Product (GDP) growth will be less than the growth of real Gross Domestic Product
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