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It is estimated that the annual heat-loss cost in a small power plant is $5,200. Two mutually exclusive proposals have been formulated that will reduce the loss. Proposal A will reduce heat loss by 60% and cost $3,000. Proposal B will reduce heat loss by 55% and cost $2,500. If the interest rate is 8% and the plant will benefit from the reduction in heat loss for ten years, using the present worth on incremental investment, which proposal should be accepted?
Calculate the government revenue, consumers’ tax incidence, producers’ tax incidence, and deadweight loss in both Beijing and Qingdao due to the excise tax in each city.
consider a consumer with utility function given by ux1 x2 x1 x2 .i find the demands for goods 1 and 2 when the
given the following hypothetical u.s. federal income tax brackets and marginal tax rates for single persons for
Explain the law of demand. Why does a demand curve slope downwards? Distinguish between a change in demand and a change in quantity demanded.
Discuss the direction of change in price, quantity, and average total cost that you expect. Then check your answer by calculating price, quantity, and profit. You can refer back to graphical problems you solved in this news analysis to observe the..
new cars are a normal good. suppose that the economy enters a period of strong economic expansion so that peoples
if you were the owner of an automobile company and decided to market internationally what kind of competition would
although new york state is second only to washington state in production of apples its production has been declining
what is the consumer expenditure survey ce? how has the survey behaved since the year 2000? what have been the causes
The technology is now expanding so that road use can be priced through computer. A computer in surface of the road picks up a signal from your car and automatically charges you for use of road.
Two firms dominate the market for surgical sutures and compete aggressively with respect to research and development. The following payoff table depicts the profit implications of their different R&D Strategies.
question consider that a country can produce just two things goods and services. suppose that over a given period it
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