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Global climate change models frequently suggest that some areas will experience changes in the levels of expected rainfall. Assume that for this Alabama farm, these cli- mate models estimate that less rainfall will occur such that the water demand for each of the crops is going to increase by 50% as more irrigation water is needed. Assuming that farm can still obtain 220,000 m3 of irrigation water what is the maximum profit from the farm when Fertilizer A is used and not used? Provide the selling price for the use of Fertilizer A given this situation.
What was the relationship between cotton and the slave economy in the antebellum American South. was cotton expansion necessary for the continuation of slavery. Was slavery necessary for the growth of the cotton industry.
Walmart is vilified by many people as being evil, destroying jobs and cities. Others note that it has the lowest prices and is the largest employer in the country. What is the difference? Is Walmart a monopsonist? Demonstrate how a minimum wag..
1. explain key microeconomics terminology 2. differentiate between microeconomics and macroeconomics 3. create and use
In a meeting about whether to store inventory in a company-owned warehouse or rent a warehouse, a colleague says, "We should use our own warehouse and save the cost of renting one." Do you agree or disagree? Explain.
Consider a portfolio of three assets (A,B,C). Denote the expected returns on each asset as rA; rB; rC, respectively. Denote variances and covariance similarly. Suppose the investor will accept a maximum portfolio variance of X.
in order to answer the questions you will have to analyse the datasetattached via usinggretl or other statistic
What is the most important issue or problem confronting your generation - will your generation respond to that issue and/or solve that problem?
You're advising a friend who has a decision to make regarding Social Security. He is about turn 62 years old, and is eligible for early Social Security benefits. His early benefits would amount to $677 each month.
What happens to the AFC per chocolate bar and the MC per chocolate bar? What about the minimum amount that can be charged to break even on these costs?
An Alumnus of West Virginia University whishes to start an endowment that will provide scholarship money of $40,000 per year beginning in year 5 and continuing indefinitely. The donor plans to give money now and for each of the next 2 years. If..
International data show a positive correlation between political stability and economic growth. Through what mechanism could political stability lead to strong economic growth and through what mechanism could strong economic growth lead to politic..
The wage gap is described as the differences between wages earned by men and wages earned by women. For the alternative assignment answer the following questions:
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