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Coal and nuclear power plants are generally used as base load units. Base load implies that:
a. The utility will use these units preferentially since the unit cost of electricity from them is lower than from other sources
b. The utility will maximize the capacity factor of the units to reduce system-wide fuel costs
c. The utility will maximize the capacity factor of the units to maximize the system’s reliability
d. All of the above
Limited partnership arrangements alleviate which traditional problem associated with real estate investments.
George purchased a $10,000 bond that pays a nominal interest rate of 8 percent per year. George's marginal income tax rate is 28 percent. Over the last year, inflation was 3 percent. Find George's before-tax real interest rate and his after-tax real ..
The operator of the tunnel that links Britain and France, Eurotunnel, said that commercial and tourist traffic using its car and coach shuttle service had fallen sharply, leading to a drop in operating revenues of 4%. Eurotunnel's chief executive, bl..
A large food-processing corporation is considering using laser technology to speed up and eliminate waste in the potato-peeling process. To implement the system, the company anticipates needing $3.5 million to purchase the industrial-strength lasers.
Large airlines have enormous fixed costs. Their business after the attack of September 11, 2001, was dismal. US Air and United declared bankruptcy. American obtained large concessions from employees and avoided bankruptcy (until 2011). Your written c..
Assume that a nation’s marginal propensity to consume is 0.9, and that its potential GDP exceeds its actual real GDP by $5000. By how much should that nations government change taxes in order to completely close that GDP gap?
A firm has $2,000,000 in sales, a Lerner index of 0.56, and a marginal cost of $35, and competes against 900 other firms in its relevant market. What price does this firm charge its customers? By what factor does this firm mark up its price over marg..
A firm sells cups in two fake countries, Noland and Yesville. Price discrimination is illegal in Noland and in Yesville. But, the price per cup can be different in Noland than it is in Yesville. Calculate profit maximizing values for:
The production of agricultural products like wheat is an example of a perfectly competitive industry. Answer each part of this question. A. The average variable cost per acre planted with wheat was $107 per acre. Assuming a yield of 50 bushels per ac..
q.suppose that a pay equity plan has just been put in place in your organization. the pay equity consulting firm did a
The Case in Point titled “Some Reflections on the 1970s” describes the changes in inflation and in unemployment in 1970 and 1971 as a watershed development for macroeconomic thought. Why was an increase in unemployment such a significant event?
Many small boats are made of fiberglass, which is derived from crude oil. Suppose that the price of oil rises. Using diagrams, show what happens to the cost curves of an individual boat-making firm and to the market supply curve. What happens to the ..
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