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A satellite in polar orbit around the earth comes within 200 km of the North Pole at its point of closest approach. If the satellite passes over the pole once every 100 min, calculate the eccentricity of its orbit.
the airline market was deeply impacted by the recession of 2008 and by the following slow recovery. describe
Critical Thinking: Although still not yet fully implemented Congress passed a bill creating national health care system, called the Affordable Care Act, also called Obama-care. In what ways do the principles of economics relate to this decision? Desc..
Suppose madison has used 45,000 of her money to start a window washing company. Suppose that the money otherwise could have been invested elsewhere and earned as much as a 12 % annual rate of return. The window washing company's revenue as well as it..
The marketing manager generally prices books at $35 each, and sales an average of 4,000 per month. Last month, she had a sale and priced volumes at $22.50 each, selling 8,500 copies. Calculate the price elasticity for these books.
Suppose a tax per unit output (per-unit tax) is imposed on the production of Q with the intent of making equal the market level of output and the socially efficient level. How high should that per-unit tax be? What is the gain in net social benefi..
Wagner Industries preferred stock has a par value of $50 and a stated dividend rate of 6.0%. This means that Wagner will pay $3.00 (6% x $50) in dividends per share, per year forever. There will never be an increase or decrease in the dividend. Suppo..
What is the difference between relative poverty and absolute poverty and How does Statscan measure each? Under what circumstances is each measure relevant? Explain.
Tetrangle Manufacturing has fixed costs of $2,160 per day. The firm manufactures bicycle component upgrade kits. What is the breakeven level of daily output for the firm?
provide a cost-benefit analysis for a company which has to decide whether to hire more staff or hire temporary workers to meet production schedules. determine how managers would use your cost-benefit analysis to make this decision.
Which of the following shifts aggregate demand to the right?
Suppose the demand for car washes in Collegetown falls as a result of a cutback in college enrollment. Show graphically how the price and output for the market and for a single firm will be affected in the short run and in the long run.
What is the equilibrium outcome in the Dixit model if q M > q V ? Why? Draw a set of reaction functions such that in the Dixit model, the incumbent would install excess capacity and deter entry.
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