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It is more useful to express the OPE as a function of [NOx] rather than as a function of [NO2] because of the rapid cycling between NO and NO2. Derive an expression for the [NO2]/[NOx] ratio as a function of [O3] only. Replace into your OPE equation. What do you conclude as to the dependence of OPE on the ozone concentration? Explain qualitatively your result. Does this dependence hinder or enhance the effectiveness of NOx emission controls for reducing ozone levels?
If AD goes up by 40, since the multiplier is 5, GDP will rise by 200. But WHAT in GDP will rise. I see that I will rise by 40 (because MPI=0.2) and C will rise by 120 (because MPC=0.6). But 40 + 120 only reaches 160 and GDP is supposed to rise by ..
If the world price is 13 cents per pound, what areas of the world supply sugar to the world market and the United States?
Consider three alternative policies, each with a different set of outcomes in terms of output and inflation, as shown in the following table: Output Policy A (1) 500.0, (2) 515.0, (3) 530.5, (4) 546.4, (5) 562.8. Output Policy B (1) 500.0, (2) 500..
Release your analyst's positive scenario for the technology's future profitability.
The construction of a dam will cost $1,000 at time 0, $500 in year 1, and $500 in year 2. It will be completed at the end of year 2. From year 3, maintenance costs will be $100 per year through year 10. From years 11 on, maintenance costs will be ..
total output increases from 100 units to 110 units per week. Suppose the market price of output is $25 per unit. What is the maximum weekly wage at which the firm would hire that additional worker
Eliminate the Mango Market? Draw a supplydemand graph depicting a situation in which banning mango imports drives the quantity of mangos sold to zero.
there are two people in a society. Person A is willing to pay $70 to have one unit of a public good produced and Person B is willing to pay $80 to have one unit of a public good produced and $70 to have two units produced.
A coupon bond has a face value of $1,000 and pays interest atthe rate of 10% per year with interest payments made semi-annually.The bond matures 5 years from today. Assume an interest payment was just made.
Suppose the Canadian dollar (C$) price of one British pound is C$2.12. A hotel room in London costs 120 pounds, while a similar hotel room in Toronto costs C$250. In which city is the hotel room cheaper, and by how much
suppose two types of consumers exist, a more affluent group (1) with an estimated price elasticity for biscuits of -2 and a less affluent (2) with an estimated price elasticity for biscuits of -2.5. Pillsbury puts a posted price of a particular amoun..
Suppose you borrowed 10,000 dollars at an interest rate of 8 percent compounded monthly over 36 months. At the end of the first year( 12 payments), you want to negotiate with the bank to pay off the remainder of the loan in 8 equal quarterly payme..
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