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A rural utility company provides standby power to pumping stations using diesel-powered generators. an alternative has arisen whereby the utility could use a combination of wind and solar power generators, but it will be a few years before the energy system will be available. the utility estimates that the new system will result in savings of $15,000 per a year for 3 years starting 2 years from now, and $25,000 per a year for 4 more years after that (i.e. through year 8). at an interest rate of 8% per year, determine the equivalent annual worth (years 1-8) of the projected savings.
Given the industry's concern that workers shirk, they start employee at $10 and increase the pay by $0.40 each year they are on the job.
Illustratr what is the Keynesian solution to a recession or depression. Explain how does the Keynesian multiplier work.
Explain how can federal government spending crowd out private sector investment and consumption.
The government did nothing to stem the decline. From the point of view of economic policy, elucidate what would you think was the reason.
Graph these data using "dollars" on the vertical axis and "quantity" on the horizontal axis. At what output is revenue maximized?
What are the issues surrounding the sovereignty of states and their governments' ability to regulate their economies? In what ways is economic globalization responsible? In what ways is it not responsible?
If the former, when and where was the latest ministerial meeting. If the latter, Elucidate the main features of the agreement.
Find (algebraically) the points where the MC function intercepts the AVC and the ATC functions. (Hint: at one interception point MC = AVC and at the other MC = ATC)
Assume that demand for oranges is given by the following equations, With quanity measured in oranges a day and price measured in dollars per Orange.
The “Take It Home Today” promotion guarantees buyers of new plasma TVs that they are entitled to get any sale price the company might offer for the next 30 days. Do you think such a policy will increase demand for electronic appliances.
In the 1970s, the United States federal government created a Department of Energy. This is a time when the OPEC (Organization of Petroleum Exporting Countries) cartel first became prominent. Identify how this action might have impacted the three m..
Enrique is considering a trip around the world in three years. He will sell all of his possessions at that to fund trip. Two years ago, he bought a used car for $12,500.
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