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An accident on a highway involving a tanker truck spilled 5000 gallons of 1,2-dichloroethene (DCA) forming a 2500-m2 pool. DCA has a vapor pressure of 0.1 atm at 298 K. The air temperature is 25 C and the wind speed averaged 4 m/s. The accident occurred on a sunny afternoon. Estimate the distance downwind of the spill that would exceed the worker standard exposure limit of 1 ppmv for DCA.
Assuming that λ 1 is a necessary condition for a market for used cars to exist.
Draw a graph to show the effects of the $3 tax on the buyer's price, the seller's price, the quantity of cigarettes bought, the tax revenue, the consumer surplus, the producer surplus, and the excess burden of the tax. Does the buyer or seller pay..
Consider the following preliminary data from 2008: ($ in billions) GDP $14264.60 Factor Payments from Abroad $798.30 Factor Payments to Abroad $665.10 Consumption of Fixed Capital $1832.30 Indirest Business Taxes $1118.90 Corporate Profits and Relat..
Determine consumer surplus, producer surplus with a uniform price. Label these areas on the graph.
Draw in the resulting equilibria or tangencies and join up all of these points. You have just constructed a price-consumption curve for good X. Can you understand why the curve is so called?
Suppose that the Fed's inflation target is 2%, potential output growth is 3.5%, and velocity is a function of how much the interest rate differs from 5%: %^V= 0.5 X (i-5). Suppose that a model of the economy suggests that the real interest rate is..
Design specifications require that the diameter of an automotive axel measure 200 ± 18 mm. The milling process being considered for producing the axel has a standard deviation of 10mm. a. What is the process capability
the possibility that employer-provided health insurance reduces job mobility-a phenomenon that has been termed job lock. Job lock prevents workers from transitioning to jobs in which their marginal productivity would be higher
To get a gallonof sunscreen the people of Sunland are willingto give up 5 lbs of food if they have 25 galons of sunscreen, 2 lbsof food if they have 75 gallons of sunscreen, and 1 lb of food ifthey have 125 gallons of suncreen.
Those who apply complexity theories suggest that organizations and even entire industries develop in much the same way as individuals or entire organizations pursue individual goals, react to the actions of others, and form relationships.
How is the deadweight loss affected by changes in a and b? How does a change in b affect the elasticity of demand at the equilibrium without taxation?
a. An industry with five firms that have the following market shares: 50 percent, 30 percent, 10 percent, 5 percent, and 5 percent. b. An industry with five firms that have the following market shares:
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