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Regional Power owns 25 small power generating plants. It has contracted with Genco services to overhaul the power turbines of each of the plants. Th number of hours that Genco billed regional to complete the fourth turbine was 460. Regional pays Genco $50 per hour for its services. Al turbines are similar and an 85% learning curve is appropriate.
Estimate the cost of overhauling the fifth unit:
5th Unit time ___ hours?
6th unit___hours? 6th unit cost $___?
7th unit__hours? 7th unit cost$__?
8ths unit__hours? 8th cost $__?
describe developing countries and how they differ from industrial market economies. how can international trade aid
Globalization
Why are government imposed "nationalization of industries so pricing is at marginal cost" and "average cost pricing" both second best outcomes to the competitive markets? P=MC=min ATC long run equilibrium?
Question on Production Possibility Frontiers: Studying or Socializing? , The Social and Detail Division of Labor, Methodological individualism and social science
mike bill and ed have different preference levels for their support for military spending on overseas operations. mike
The Future 2055 The U.S. economy is at full employment. President North West is spending billions of dollars on military equipment in the U.S. He is also attempting to carry out his promise to put a man on Mars by the end of the decade. He is cons..
Supply-side inflation is caused by
Suppose the demand for housing D is given by the function D=100p^-1r^-2 where p is the price of housing and r is the mortgage interest rate. Treat r as exogenous. The supply of housing is given by s=s1 , where S is exogenous.
research the university library and internet and select a recent news article concerning trends in consumption
The maintenance cost for both models is $100 per hour. The variable operating cost is $346 per hour for Model A and $290 per hour for Model B. Due to obsolete parts, there is a sunk cost of $2700 for model A and $1900 for Model B.
Discuss the different circumstances
suppose exports and imports of a country are given by the followinggdp exports imports2500 400 2503000 400 3003500 400
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