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Burling Water Cooperative currently contracts the removal of small amounts of hydrogen sulfide from its well water using manganese dioxide filtration prior to the addition of chlorine and fluoride. Contract renewal for 5 years will cost $75,000 annually for the next 3 years and $100,000 in years 4 and 5. Assume payment is made at the end of each contract year. Burling Coop can install the filtration equipment for $150,000 and perform the process for $60,000 per year. At a discount rate of 6% per year, does the contract service still save money?
Calculate the initial level of output per person, the growth rate of output per person also the level of output per person after 100 years.
Contrast two or three key economic factors for this country with the U.S. economy, and comment.
Distinguish between comparative advantage and competitive advantage (may take some research on your part). Which is used by economists as a justification for international trade? Why?
The steel industry has been lobbying for high taxes on imported steel. Russia, Brazil also Japan have been producing also selling steel on world markets
Explain should decision management as well as decision control be separated.
Elucidate why there is a relationship between price elasticity of demand and the effects on total sales revenue.
Explain how does the subsidy affect consumer surplus, producer surplus, tax revenue, and total surplus. Does a subsidy lead to a deadweight loss. Explain
She gets pleasure not only from her spending money but also from her leisure hours. Draw her budget constraint in leisure-expenditure space.
Calculate the equilibrium buyers' and sellers' price with no sales tax, and then with the 20% tax. Explain how answer illustrates the principle that less responsive side of the market will pay more than half the total cost of sales tax.
Please use this discussion board to describe the events that characterized the onset and deepening of the financial market.
Illustrate what is the value of gross private domestic investment. Illustrate what is the value of net investment.
Illustrate what is Great Reception's profit when producing at the profit-maximizing output
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