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Using the current specifications, a new road will cost $1.5M initially, need $120K in annual maintenance, and need to be resurfaced every 10 years for $1.1M. A proposed new specification is expected to be more resistant to wear. The initial cost will be $2.1M with $90K in annual maintenance and resurfacing every 15 years for $1.3M. Use capitalized cost. Develop a choice table for interest rates from 0% to 25%. If the highway department's interest rate is 6%, which specification is preferred?
Draw a pair of utility curves, one for X and one for Y, and label the positions immediately after the innovation (before any migration) as x for city X and y for city Y. Use arrows along the curves to indicate that migration that follows.
Elucidate the cost of producing an additional washing machine when 50 cars are being produced. when 150 cars are being produced.
Use the Skin Deep site to search for some personal care products that you use. Elucidate how do they rate.
What would happen to autonomous consumption if household debt fell and the interest rate rose over the same time period?
At what output level would the monopolist produce? (C) At what output level would a perfectly competitive firm produce?
If Jason produces 250 kilograms of food per month, Explain how more liquor must he produce to achieve production efficiency.
Analyze how inflation could occur in a society that relies exclusively on barter versus money. Speculate what form inflation would take and how you would recognize it. Provide support for your response.
IN what did South have a comparative advantage. Did Civil War change any opportunity costs in South. Did opportunity cost of everything rise. Or did items cost less.
What is the marginal revenue product of hiring one low-skilled worker to clear woodland for one month.
Illustrate what do you conclude about the ability of these indexes to measure changes in real income.
Compute the yield to maturity to the nearest percentage point.
This might be interpreted as an upward shift in the consumption function. Explain how does this shift affect investment and the interest rate.
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