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A public sector project being considered in a town and is expected to have the following cash flows. Annual benefits = $100,000 Expected annual dis-benefits (quantifiable) = $25,000 Annual cost= $50,000 If MARR is 3 percent, what is the modified B/C ratio for this project?
Recent increases in rents have caused the citizens of Elmville to vote for a rent ceiling of $1200. Assuming all rental units in Elmville are identical and the supply and demand for rental units are given by Qs = -1000 + 20P
Given the following payoff matrix, (a) What is the best (optimal) strategy for each firm? (b) Would firm A using the low price as a threat if firm B enters? (c) What could firm A do to make its threat credible without building excess capacity
Developing a brief summary of endogenous and exogenous growth theories.
The council decides to allow a boat to fish in the lake only if its owner buys a fishing licence. To maximize total profit (of citizens and council), how many groschens should the council charge for a licence?
What are governments fiscal policy options for moving the economy out of a recession Speculate on which of these fiscal options might be favored by a person who wants to preserve the size of government and a person who thinks the public sector is ..
What is true about the relationship between marginal revenue and marginal costs when profit is the greatest?
determine the amount of producer surplus generated in each of the following situations.a dustin tries to sell his old
After a certain point, the more hours you spend studying economics per day, the less you will learn with each added hour
Airway Express has an evening flight from Los Angeles to New York with an average of 80 passengers and a return flight the next afternoon with an average of 50 passengers.
An order written by the exporter instructing the importer, or their agent, to pay a specified amount of money at a specified time is a: Note Payable,Draft;Promissory Note;Check.
Discuss how operating room total costs, average costs, and marginal costs might change following the adoption of fiber-optic digital imaging equipment.
Suppose the price of housing stays at 2 and the price of food stays at 10. What will happen to her budget constraint if her income increase to 100? What happens to her budget constraint when her income decreases to $20.
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