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A steel rod having a cross-sectional area of 300 mm2 and a length of 150 m is suspended vertically from one end. The rod supports a tensile load of 20 kN at its free end. Given that the mass density of steel is 7850 kg/m3 and E = 200 GPa, find the total elongation of the rod.
Explain the multiplier intuitively. Why is it that an increase in planned investment of $100 raises equilibrium output by more than $100 Why is the effect on equilibrium output finite How do we know that the multiplier is 1/MPS
Propose a remedy based on a liability rule. What information does the court need to know for your proposed remedy to achieve the efficient outcome?
An L treatment costs the physician 100 in cash, an H treatment costs the physician 200 in cash. A physician's utility from consumption x is log(x). an L treatment leads to a good outcome with probability 0.4. An H treatment leads to a good outcome..
C) What price will buyers pay after the tax is imposed D) What is the deadweight loss created by the tax E) What is the quantity of the good that will be sold after the tax is imposed
For each plant size, draw the corresponding short-run average cost curve and explain briefly why that curve should be where you drew it and how it is consistent with the other curves.
Q1 kilowatts are produced at facility 1, and Q2 kilowatts are produced at facility 2 (so Q = Q1 + Q2). The costs of producing electricity at each facility are given by C1(Q1) = 8,000 + 6Q12and C2(Q2) = 6,000 + 3Q22, respectively. Determine the pro..
The Bank of Turlock has $30,000 in reserves, $100,000 in demand deposits and the reserve requirement is 15%. How much can this bank lend out How much does the money supply increase when it makes that loan
Suppose that Jack and Jill each could borrow money from the other students in the class, so that each of them had a total of $11 to bid. Would ($11, $11) be a Nash equilibrium?
A company is considering building a bridge across a river. The bridge would cost $2 million to build and nothing to maintain.
find the mean and the variance of the number of candy bars you need to eat to find a ticket.
Assume 2 firms are in the market, producing at constant marginal cost=0. Consumers incur transportation costs which are quadratic in the distance traveled; specifically, a consumer located at position x incurs transportation costs of 2
You are concerned about the likelihood of finishing the project in the promised 10 days.
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