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It would cost the town of Irondale $50 million to build a gas powered generator that would produce a maximum of 5 megawatts of electricity at 15 cents per hour. Another alternative would be for Irondale to build a $100 million coal=fired generator that could produce a maximum of 15 megawatts per hour. Irondale should:
a. Build a coal-fired generator because it's hourly operating costs are much lower.
b. Build the gas-powered generator since it is less expensive.
c. Build the coal-fired generator because, while it would cost twice as much to build, it would produce three times more electricity.
d. Obtain more information before deciding what to do..........I feel this is correct.
show the effects of an increase in the Chinese purchases of U.S. Treasury bonds. How do these purchases affect the value of the dollar and of the yuan?
Compare the income elasticities of the following consumer elastities of the following consumer products
From number 15 (point B), calculate the price elasticity when a hurricane strikes leading to a 1 lb. decrease in the Good X market. From number 16 (point C), calculate the price elasticity when Americans prefer Good X by 2 lbs. Calculate the price el..
According to the National Retail Federation, women spent an average of $317 over a recent Black Friday weekend. Assume that the standard deviation for this population is $90. A random sample of 50 women shoppers over this weekend was selected. What i..
Using a Spreadsheet to Calculate Yield to Maturity. What is the yield to maturity on the following bonds; all have a maturity of 10 years, a face value of $1,000, and a coupon rate of 9 percent (paid semiannually). The bonds’ current market values ar..
Calculate the coefficient of price elasticity (midpoints approach) for Goldsboro's supply. Is its supply elastic, or is it inelastic.
Elucidate how much money should the government spend to eliminate this gap. Elucidate how much money should the government give in tax cut to eliminate this gap.
Describe the composition of India's exports. Discuss India's the key objectives and strategies of India's Foreign Trade Policy 2009-2014 - What are the benefits and facilities provided to units located in Special Economic Zone (SEZ)?
Part of the debate among economists on US airline deregulation in the 1978 involved the theory of contestable markets. List the four characteristics of contestable markets and evaluate how well airline markets meet these criteria.
Assume demand for a medical service is given by the equation P = 1000-2Q. Assume the price without insurance is $100, but insurance reduces the consumer’s out-of-pocket price to $50. How many extra services will be consumed as a result of the out-of-..
The ABC Bank of Bermuda has outstanding checkable deposits of $300,000 also a reserve ratio of 10%. If it has excess reserves of $15,000, illustrate what is the size of the bank's actual reserves.
Using the appropriate graph, carefully describe why utility maximizing households would most likely chose to have fewer children as their income grows.
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