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An electric utility is considering two alternative proposals for new sources of energy. One is a major hydroelectric dam (a 70-year project from construction to end-of-life); the other is a thermal power plant (a 35-year project from construction to end-of-life). These proposals are summarized in the table below.
Equal Protection Clause The state of Alabama enacted a statute that imposed a tax on premiums earned by insurance companies. The statute imposed a 1 percent tax on domestic insurance companies (i.e., insurance companies that were incorporated in Alab..
Under the responsibility scheme proposed by the Hong Kong government, households will be charged for solid waste disposal. Is this charge justifiable from an economics point of view? Explain your answer with a diagram ( IT is Microeconomic question)
If banks desire to retain excess reserves of 10% of total checking accounts and borrowers hold 10% of their new checking accounts (loans) for liquidity purposes and do not spend that 10%, what will be the maximum impact on the money supply in the for..
Do the exercise Skill-Building "Conducting a SWOT Analysis": After reading the instruction for this exercise, take a goal from your Company (general or departmental) and apply the SWOT analysis in order to find strategies to achieve this goal.
Illustrate what is the minimum price neccessary for this firm to produce any output in the short run.
Let money income be $10 while the price of good 1 is $2 and the price of 2 is $1. Draw a budget line. Now draw the new budget lines according to each of the following changes in prices and income.
A company sells two products, A and B. The demand for product A is given by DA and the demand for product B is given by DB. The price for product A is given by PA and the price for product B is given by PB. The company needs to determine the selling ..
Why do you suppose that some publishers are selling space for advertisements in their e-books-and sometimes even in physical books? From an economic standpoint, how could we explain the willingness of someone to pay $19.99 for a physical book that is..
Presently, at a price of $1 each, 100 popsicles are sold per day in the perpetually hot town of Rostin. Consider the elasticity of supply.
Suppose the government intends the tax to reduce the consumption of some goods for example, cigarette or chewing gum. Illustrate what will determine the effectiveness of the tax in reducing consumption
How did the enclosures law fuel the Industrial Revolution in Great Britain? Would you agree with Karl Marx in saying that the Industrial Revolution and its capitalistic foundations negatively affected the working classes?
Explain game theory and how you can apply the concepts in your life and work now and in the future? How does game theory relate to competitive advantage?
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