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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?
Consider a model of Cournot competition as studied in class, with 2 firms and a linear inverse demand function P(Q) = a - Q (where Q = q 1 + q 2 is the total quantity produced by
The Concept of Growth and Growth Rate is explained below: Economic growth is rise in an economy’s level of the production of commodities, output or income. We can talk about th
An antenna in free-space driven by current Io radiates far-field E as: for 0 ≤ Φ ≤ π, here C = constant = 0 everywhere else a) Compute the power density, b) Compute t
Supply of labor, L S (W/P), depends positively on real wages in classical model. It isn't always clear which individuals are included in the labor supply. Labor supply may consist
please,how do i relate keynesian theories on fiscal policy to the topic"impact of oil revenue on agricultural productivity?
benefit of GDP
The rise in the price of oil can be traced to a easy factor, but there are various other contributing factors. The easiest explanation is that the demand for oil is greater than
If there is an increase in the popularity of video games and more companies making video games, then the following is true? A) Sales of the games will be uncertain. B) Price will g
It is sometimes asked whether credit cards are money since many purchases are made using these. Credit cards are a means of obtaining credit and using this to finance expenditure,
Ashley can join a club for an annual fee of $20. if she can purchase golf balls at 40% off the retail price. Draw ashly's budget constraint if she joins and if she does not join th
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