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The maintenance costs associated with a machine are 52,000 per year for the first ten years, and $1,000 per year thereafter. The machine has an infinite life. If interest is 10%, what is the present worth of the annual disbursements?
Describe the profit-maximizing amounts of electricity to produce at the two facilities, the optimal price, and the utility company's profits.
q1. what are the terms of trade if the united states trades 1 can of soda for 5 units of clothing?explain why price
During the last 10 years, Orlando, Florida grew rapidly, with new jobs luring your people into the area. Despite increases in population and income growth that expanded demand for housing, why the price of existing houses barely increased.
Why is their a growing disparity between the rich and poor in the US? What are some of the reasons for this and what should the government do to bring about growing equality with income? Do we as citizens have an ethical responsibility to help the po..
show which own-price elasticity of Rohan's Marshallian demand for any good is independent of his income. To show that the income elasticity of his Marshallian demand for any good is equal to 1.
When Michael got a pay raise and began to earn $6,000 per month, his demand shifted outward to Q = 20 – 0.25P. Given this information, find Michael’s income elasticity (EI) for filets.
The problem is that even though you have assigned values of a,b,c, SN thinks that f is also a function of t, for which you have not assigned a value.
Explain why it might be desirable to have a regressive tax structure, even if the social welfare function is utilitarian, when general equilibrium effects of taxes are taken into account. Would it ever be desirable to impose a negative marginal tax r..
profits associated with polluting for friedman inc. are pi 40q - 2q2 where q pollution emitted in tons and profits
Newspaper reports frequently suggest that the administration (regardless of who is president) wants the fed to lower interest rates. Why do you think that might be the case?
For a given level of inflation expectations, if the central bank increases the money supply growth rate, then in the short run
Explain the shape of a monopolist’s marginal revenue curve and draw it on a graph. Use intuition, math or both in your explanation.
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