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Assume you are a city planner working on a new industrial park and contemplating the use of an industrial ecosystem. Discuss the major advantages and disadvantages of an industrial ecosystem that you would consider in making your decision.
Graph the relative demand curve along with the relative supply curve.
Consider Good E, which, when sold in a particular country, has anequilibrium price = $10.00. The government of that country decidedthat it doesn't like that equilibrium price, and so passes alaw which prevents the product from selling for $10.00.
What would have been the maximum possible difference between the interest rates on six-month lira and DM deposits? On three-month deposits? Do the answers surprise you? Give an intuitive explanation.
Calculate the percentage change in visits, percentage change in price, and price elasticity of demand using 500 and $50 as the denominator for percentage change calculations. (This calculation funds finds the arc elasticity.)
What is the Nash Equilibrium of the game?
Abby consumes only apples. In year 1, red apples cost $1 each, green apples cost $2 each, and Abby buys 10 red apples. In year 2, red apples cost $2, green apples cost $1, and Abby buys 10 green apples.
Suppose the town keeps track of the contributions and issues passwords to people who contributed at least $20. Would you expect the total contributions to cover the $20,000 cost? 30.
People like to earn money, but they don't like to work outdoors in the summer, due to the high heat. Suppose that the utility function is \(U(w,x)=w^{1/2}-0.5h\) , where w is the wage and h is a measure of the number of very hot days.
The residents of Vegopia spend all of their income on cauliflower, broccoli, and carrots. In 2010, they buy 100 heads of cauliflower for $200, 50 bunches of broccoli for $75, and 500 carrots for $50.
For depreciation purpose a 700 salvage value at the end of 6 years is assumed. But the actual value is thought to be 1000 and it is the sum that is shown in the before tax cash flow. Year: 0, 1, 2,3,4,5,6
Bob is proud of the film and wants as many people as possible to download it. Which price would he choose? How many downloads would be sold?
Briefly describe the expected environmental effect of increasing the MPG of automobiles, holding all else constant.
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