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Christine and peter earn a combine annual income of $190,500. If christine earns $30,500 per year more than peter, what are their individual annual salaries? Please set up and solve this problem following the steps below:
a) Define the unknown quantities in terms of one variable
b) Translate the question into an equation
c) Solve the equation, showing all work
d) Write a complete answer to the question asked, including appropriate units.
A rural utility company provides standby power to pumping stations using diesel-powered generators. an alternative has arisen whereby the utility could use a combination of wind and solar power generators, but it will be a few years before the ene..
While US GAAP requires assets to be valued at the lower of cost or market, there is a belief that assets with value fluctuations should be valued at market and adjusted on a regular basis. Create an argument supporting the use of market value for inv..
Consider an open economy with free capital mobility and a fixed exchange rate, using the Mudell-Fleming IS-LM model, explain the short-run effects of an expansionary monetary policy on the domestic economy's level of output
Make a brief memo advocating that the project should be chosen and also explain why.
What is opportunity cost of producing a car in Canada? What is the opportunity cost of producing the tonne of wheat in Canada? Describe the relationship between the opportunity costs of two goods.
An increase in input prices for rice production; and an improvement in rice production technology. Use diagrams to analyze the effects of these changes on equilibrium price and quantity.
Suppose the Government decides to subsidize exercise by $2 for every mile (Q) consumers run at a health club that charges by the mile. The current demand for running is Q=12-2p.
A representative company with long-run total cost given by TC =20+20q+5q2 operates in a competitive industry where short-run market demand and supply curves are given by QD = 1,602 - 40P and QS = - 400 + 20P.
Why is China successful in exporting electronic goods? Compare private foreign investment with government investment in a hotel as alternative development strategies.
Dilomatic tensions over the war with Iraq also patriotic fervor led the state legislature in South Carolina to initiate a resolution boycotting French products.
If the power of special interest were reduced for example, through the adoption of supra-majority voting rule, would economic efficiency improve? How would contributions to political campaigns be affected? Do you think politicians are very interested..
I have a website where I offer cash rebates for purchasing stuff. For instance, if someone purchases a pair of shoes, I give them a $10 cash rebate.
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