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(a) Determine the largest torque that can be safely applied to the rectangular steel bar if the maximum shear stress is limited to 120 MPa.
(b) Compute the corresponding angle of twist using G = 80 GPa for steel.
Is demand elastic or inelastic in the $4-$6 price range How do you know (b.) If the table represents the demand faced by a monopoly firm, then what is that firm's marginal revenue as it increases output from 100 units to 300 units
Spookmart and Scaretown are the only two halloween costume stores in town. Both the stores are wondering how many Miley Cyrus twerking costumes to order. Each costume costs $2 from the supplier (i.e., marginal cost for the stores is $2) and market..
If the industry is regulated in a way that requires it to set P = AC, how much will be sold and what will the price be c) If the industry is regulated in a way that requires it to set P = MC, how much will be sold and what will the price be
You are willing to pay at most $200 for a copy, but can't find one at that price until one day in a used bookstore you see a copy selling for $10, which you immediately buy. Are you being irrational if you keep the copy rather than sell it?
Which approach do you think is best for valuing a business: the DCF approach or the market multiple approach? Explain the rationale behind your answer.
What are the modified preference orderings of each person? Show that it leads to acyclic social preference. What is then the best social outcome?
Monopolies can sometimes find themselves in difficult financial situations that lead to losses. Suppose Mr. Burns' power company has a monopoly for providing electricity in Springfield. His costs of upkeep are so high that he is consistently losing m..
Assume the following data for a country: total population 500, population under 16 years of age or institutionalized 120, not in labor force150, unemployed 23, and part-time workers looking for full time jobs 10.
Consider the example of Figure 11.3. Suppose we define as fair a cutback in which the two sources have the same total costs. Would an equiproportionate reduction be fair in this sense? A reduction meeting the equimarginal principle? Is this a reas..
Predict gross benefits if admission is set at $1.00 and Dryville has marginal excess tax burden of 0.25. In answering this question, assume that the fees are used to reduce taxes that would otherwise have to be collected from the citizens of Dryvi..
Your company has a customer who is shutting down a production line, and it is your responsi-bility to dispose of the extrusion machine. The company could keep it in inventory for possible future product and estimates that the reservation value is ..
What is the appropriate fiscal and monetary policy mix?
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