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A rock thrown into a still pond causes a circular ripple. The radius is increasing at a constant rate of 3 feet per second. Show that the area does not increase at a constant rate. When is the rate of increase of the area the smallest? The largest? Explain.
Does a Pareto improvement seem plausible in this case? Why or why not?
Analysts at the Fleetfeet Corporation estimate a demand function for its athletic shoe line to be: Qf = 5 - 2.4*Pf + 0.7*A + 0.002*I + 0.8*Ps Where Qf = the quantity of shoes sold, Pf = the own price of shoes produced by Fleetfeet ($/pair)
Draw an indifference curve for George and an indifference curve for Harriet, both tangent to the budget line, such that George wants to buy ale, Harriet wants to sell ale, and George wants to buy more ale than Harriet wants to sell.
Supply and demand Joy's frozen yogurt shops have enjoyed rapid growth in northeastern states in recent years. From the analysis of joy's various outlets, it was found that the demand curve follows this pattern. Q=200-300P+120 I +65T-250Ac+400 Aj Q..
Frisbee manufacturers persuade the government that Frisbee production improves scientists' understanding of aerodynamics and thus is important for national security. A concerned Congress votes to impose a price floor $2 above the equilibrium price..
Explain the elements of SWOT analysis. Describe how these elements (SWOT) analyses have in common? WhIle all mentioning how they are different
The bank now sells $5000 in securities to the Federal Reserve Bank in its district, receiving a $5000 increase in reserves in return. What level of excess reserves does the bank now have? Why does your answer differ (yes, it does!) from the answer..
ind the consumer surplus and producer surplus under the price ceiling, assuming that the rationing of the scarce good is as inefficient as possible. What is the net economic benefit in this case? Does the price ceiling result in a deadweight loss?..
Compare your answers to parts (a) and (b), and consider the optimal portfolio choices. Does diversification eliminate consumption risk in each case? Explain.
The Charm City Cereal Company makes a cereal from several ingredients. Two of the ingredients, oats and rice, provide vitamins A and B. The company wants to know how many ounces of oats and rice it should include in each box of cereal to meet.
A 4-mm-diameter steel wire, 3.2 m long, carries an axial tensile load P. Find the maximum safe value of P if the allowable normal stress is 280 MPa and the elongation of the wire is limited to 4 mm. Use E = 200 GPa.
if the cost basis for a macrs 5-year property is $100000 and the equipment is sold for $20000 after 5 years of beneficial use, what will be the depreciation charges the 1st and 5th years and the book value at the end of the 5th year
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