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Determine the first cost of a machine that has an EAC of $4100 and annual operating costs of $2012. The machine is expected to last 6 years, and money is worth 7%.
Consider the independent private value auction setting that we talked about and solved in class. Assume that there are a total of n bidders (including yourself). The valuations are uniformly distributed [0,1]. Assuming that everyone else plays the pr..
To aggregate individual demands to the the market demand curve for a rival good one
Suppose that in a particular country, GDP per capita was $ 10,000 in 1960 and $ 40,000 in 2008. Using the rule of 72 (not a calculator), approximate the annual growth rate of GDP per capita.
q. 1 the cost to drive on a freeway is 0 at all times of the day. this cost establishes equilibrium at 3 a.m. however
Bill’s demand for hamburgers (a private good) is Q = 21 – 6P and Ted’s demand is Q = 6 -3P. (a) Write an equation for the social marginal benefit of hamburger consumption. (b) If hamburgers are a public good, what is the equation for the social margi..
q.let the inverse demand curve be d q 56 - 2q q q1 q2. costs for each firm are a constant variable cost of 2 a unit
Describe the long-term trends in inequality in the United States using the available measures. What are possible explanations for these long-term trends.
Which of the following statements is generally True about information products?
A typical family in an island economy consumes only orange, mango, and cloth. The base period is year 1. Prices in the base period are $2 per pound for orange, $3 per pound for mango, and $5 per pound for cloth. Calculate the economy's Consumer Price..
q.conclusion at harding silicon enterprises inc.harding silicon enterprises inc. produces less than 1 of the worlds
Discuss how states have restructured Medicaid to control expenditures as well as options presented, but not approved to the federal government to restructure Medicaid.
According to the text privatization is "arranging for private companies to on certain jobs and functions formerly done by government." (Burger, 15) Many of these private companies save money by hiring non union workers. These private companies do thi..
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