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If an analyst predicts that the benefits of a two-year project would be $105,000 at the end of the first year and $110,000 at the end of the project life, the scrap value of the project is expected to be $20,000 upon resale, and the discount rate is 5%, how much is the present value of total benefits for the project?
Which of the following is the BEST example of a pure public good?
If the value of M increased from 50,000 to 60,000 also nothing else changed which would equilibrium price increase or decrease. Would the equilibrium quantity increase or decrease.
A monopolist has two specific demanders with demand equations: qA = 10 – p and qB = 10– 2p. This monopolist implements an optimal two-part tariff pricing scheme, under which demanders pay a fixed fee a for the right to consume the good and a uniform ..
What is soft gatekeeping?
Consider a firm with the production function, q = (K^(0.5) + L^(0.5))^2. In the short-run, the level of capital is fixed. Determine the equations for MPL and APL. Solve for the short-run cost function (i.e. total costs as a function of output) Using ..
Suppose that the equilibrium price in the market for widgets is $5. If a law reduced the maximum legal price for widgets to $4:
A manager has been allotted $8000 to spend on the development and promotion of a new product. It is estimated that if x thousand dollars are spent on development and y thousand dollars on promotion, approximately f(x,y)=91x^(1/2)*y^(3/2) units of the..
q1. what are the terms of trade if the united states trades 1 can of soda for 5 units of clothing?explain why price
What happens to price and output in the Cournot, Bertrand, and Stackelberg models if marginal costs increase by 10 percent? The market demand is p = a ? bQ and the marginal cost is constant across firms, i.e. mc1 = mc2 = c. You may consider for two f..
Consider the following model of trade between Iceland and Finland. There are two goods: Fish and Wheat. The only factor of production is labor. Each Icelandic worker can produce 1 unit of fish or 1 unit of wheat per unit of time, while each Finnish w..
How can being a member of a nutrition organization/association that promotes the organic food movement, on a professional level enhance the career of a practitioner in the nutrition field?
In your words, compare and contrast a positive and a negative externality. Be sure to provide an example for each. How does a positive or negative externality
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