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A university spent $1.8 million to install solar panels atop a parking garage. These panels will have a capacity of 500kw, have a life expectancy of 20 years and suppose the discount rate is 10%.
a. If electricity can be purchased for costs of $0.10 per kwh, how many hours per year will the solar panels have to operate to make this project break even?
b. If efficient systems operate for 2400 hours per year, would the project break even?
c. The university is seeking a grants to cover capital cost . How big of a grant would make this project worthwhile (to the university)?
Janice Wallermthe manager of the customer service depart at First Bank of Jefferson County,can hire employees with a high school diploma for $20,000 and employes with a bachelor's degree for $30,0000.
illustrate and explain how each of following would affect market value of US dollar. Canada experiences severe deflation. US engages in an expansionary monetary policy.
Providing a subsidy to correct for an overallocation of resources Providing a subsidy to correct for an underallocation of resources.
Does the production technology exhibit increasing/decreasing/constant returns to scale.
Illustrate what were you thinking about the economy in 2005 and did you ever foresee a crisis of this magnitude. What policies could you have suggested to avoid the impending economic crisis.
The saying "Give a person a fish also he shall eat today; teach a person to fish also he will eat forever" is most consistent with.
What profit do you expect that the firm will make in the first year? (iii) Do you expect this profit level to continue in subsequent years?
Suppose that Iggi and Kurt begin trading ice cream and waffle cones with each other. Elucidate price of waffle cones (in terms of ice cream scoops) would benefit both Iggi and Kurt and make both individuals willing to trade.
Illustrate what is the dollar value of the deadweight loss when output level is produced? Illustrate what is the dollar value of the total surplus when output level is produced
Free zone would happen if the central bank lowered the federal funds rate and buy securities on the open market.
Describe the slope of the isocost and isoquant curves, and hence derive a relationship between the productivity of capital and the productivity of labour.
Illustrate what occurs to consumer also producer surplus when the sale of a good is taxed
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