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How far from the building should they position their cannon? There are two possibilities (d_1 < d_2); can you get them both? ( Start with a sketch showing the trajectory of the water.) A firefighting crew uses a water cannon that shoots water at 27.0 m/s at a fixed angle of 45.0 degree above the horizontal. The firefighters want to direct the water at a blaze that is 11.0 m above ground level.
Suppose V=$0, what is Jim's labor supply function now. Draw his labor supply curve. Illustrate what happened to his wage and substitution effects.
alternative is thought to be overly optimistic. A more realistic estimate is $400,000. If the MARR s 20%, what is the recommendation now?
John has two job offers when he graduates from college. John views the offers as identical, except for the salary terms. The first offer is at a fixed annual salary of $50,000. The second offer is at a fixed salary of $20,000 plus a possible bonus of..
Illustrate what is the Consumer Surplus in the market. Illustrate what is the Producer Surplus in the market.
Examines the choices made by individual participants in an economy, while macroeconomics considers the economy's overall performance
Most business in the U.S. is conducted by corporations, and corporations popularity results primarily from their favorable tax treatment.
What are the effects of an increase in the money supply? Show graphically and explain. When is monetary policy more effective, when the LM curve is relatively flat, or when the LM curve is relatively steep? Explain.
Suppose a monopolistic competitor in long-run equilibrium has a constant marginal cost of $6 and faces the demand curve given in the following table: what output will the firm choose? what will be the monopolistic competitors average total cost at th..
What are the five myths about economic recovery? What are the arguments that the private sector will be slow in creating jobs in this recession?
More people in high-income countries than in low-income countries tend to believe that rapid rates of economic growth are not desirable. Which of the following best explains what is actually happening to real per capita GDPs of countries?
In 2008, a firm has receipts of $12 million and expenses (excluding depreciation) of $5 million. Its depreciation for 2008 amounts to $3 million. If the effective income tax rate is 35%, what is the firm’s net operating income after taxes (NOPAT)?
Draw the intertemporal budget constraint. Be sure to label the axes, endowment point and the absolute value of the slope. Suppose that the individual’s interest income is taxed at 25% in both periods, and that interest payments are deductible at 25%...
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