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Question: A city is considering transportation alternatives to manage its burgeoning population and ensure a high living standard. The City can choose to analyze their alternatives using Benefit Cost Analysis or Cost Effectiveness Analysis. Which of the following costs and benefits may be relevant to consider under BCA vs CE: fuel costs for private vehicles, air quality, roadway accidents, costs of road expansion, costs of mass public transportation, costs of Uber/Lift/Grab, effect of greenways and trails on housing prices, population growth, effect of commuting time on obesity, income of those in Wellington and Windsor who commute by private motor vehicle. Why might the city choose one analytical technique over the other?
Suppose the firms compete by simultaneously choosing price and fine the best response function of each firm as a function of the other firm's price. Compute the equilibrium price and quantity for each firm.
The Hatfield family lives on the east side of the Hatatoochie River, and the McCoy family lives on the west side. Each family's diet consists of fried chicken.
Prepare a Draft of a Red Cell Analysis by putting yourself in the shoes of a member of Lashkir e Taiba organization.
Short and Long Run. Let's assume that you own a fast food restaurant and you are faced with many customers each day eating in the restaurant without any tables. Describe the difference between the short run and long run in the example to bringing ..
The following values for nominal GDP and real GDP are reported for the U.S. from 1929 to 1932:
Who are the main beneficiaries of tax-exempt industrial development bonds (which enable communities to borrow funds to re-lend to firms constructing new plants within the city).
What is meant by absolute poverty? What measures of income poverty are favored by development economists?
Discuss whether or not Paradise Shoes should expand its output further beyond 1200 pairs per week. State all assumptions and qualifications that underlie your recommendation.
Mr. X deposited $1,500 in a savings account at the local bank and went on assignment overseas. After two years, he returned and noticed he had $1,800.
Presume the expected size of each cup of punch is 2 ounces and the standard deviation of the size of a cup is 1/2 ounce and each cup is poured independently. Presume each cup's size is independently drawn from the distribution. What is the approximat..
Sean gains revenue from the additional engine he sells, he also loses revenue from the initial four engines because he sells them all at the lower price
The relationship between Price elasticity of demand and Marginal Revenue
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