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The Board of Directors for the Pangaea Conservancy are concerned that the aggregate ecological scores are lower in the analysis than desired. They would like to see that the selected parcels achieve a minimum value of 500 for the Ecological Score. Which method-Benefit Targeting, Cost Effective Analysis or Binary Integer Programming- is best able to solve this problem? Using your preferred technique, identify a solution that addresses this concern while continuing to maximize the weighted total of the eco- logical score and scenic values given a budget of $25 million. Discuss the advantages and disadvantages of adding this type of minimum value threshold.
Suppose there are two consumers, A and B. The utility functions of each consumer are given by: UA(X,Y) = X*Y UB(X,Y) = 2X + Y The initial endowments are: A: X = 4; Y = 2 B: X = 6; Y = 8
suppose that a household in a two-period model has income of 30000 in period 1 and 25000 in perod 2 and the interest
the life insurance industry maintains that the average worker in saskatoon has no more than 25000 of personal life
Suppose you are the manager of a watch making firm operating in a competitive market. Your cost of production is given by C = 200 + 2q2, where q is the level of output and C is total cost. (The marginal cost of production is 4q; the fixed cost is $20..
Environmentalists discuss that trade liberalization harmful for the environment. The decisions of World Trade Organization in particular have been subject of much criticism.
Draw Betty's PPF - Find Betty's opportunity cost of a bottle of wine in terms of box (es) of chocolates.
Assume that a $100 at February 1, 2014 will worth $110 on January 31, 2015 and was $ 90 on January 31, 2013: Compute the interest rate for past and next year. Are they the same?
Explain the process of revenue at NSU, focusing on the relationship between the increased revenue from students enrolling at NSU despite the higher tuition and the lost revenue from possible lower enrollment.
Draw a picture showing both the marginal cost curve and the total cost curve for Fangorn Inc - Can you conclude something more general about cost curves when marginal costs are constant?
The areas representing consumer surplus after the tax, producer surplus after the tax, tax revenue collected by the government, and deadweight loss - How is the tax burden divided between buyers and sellers?
The daily demand and supply of fish in Fire Island, NY is described by the following equations: Demand: Price Demand =2, Supply: Quantity supplied = 5. What is the market price of fish in Fire Island? How much is consumer and producer surplus?
The problem is from economics and it is explore the Inflation targeting and the difficulty for the Federal Reserve in adopting inflation targeting and whether implementing inflation targeting is good or not is also discussed in the solution.
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