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Why do you think it is that few cities have converted their buses to natural gas? We have many cities that run all or most public vehicles on natural gas. Natural gas burns clean and has cleaner emissions. Is there a reason that all of our cities have not converted to the use of natural gas for their vehicles? Thoughts?
Austria has a history of strong hostility to nuclear power, and over the last twenty years the Austrians have shut down all of the reactors in Austria
There are three firms in an economy: A, B, and C. Firm A buys $400 worth of goods from firm B and $240 worth of goods from firm C, and produces 220 units of output, which it sells at $7 per unit. How much would government get if it introduced an inco..
Calculate point price elasticities of demand for each customer product at activity levels identified in part A.
A firm that is considering one independent project should accept it if
Draw in excel an isoquant that shows little substitution between two factor inputs and on that shows large substitution. Vertical represents capital and horizontal represents labor
Question 1 The accompanying payoff matrix depicts the possible outcomes for two players involved in a game of Rock, Paper, Scissors. If a player receives a payoff of 1, the player wins;
Comment on the following quotation: "One way that a minimum wage could result in expanded employment is if the government sets the minimum below the market equilibrium wage."
Boron Industries is a monopolist that owns two mines. Mine B is smaller and has less capacity, thus its marginal costs rise more steeply than Mine A’s. Mine A has TCa = 5000 + 50*qa + 2 qa2 Mine B has TCb = 8000 + 50*qb + 3qb2 a. Before knowing deman..
here are many liquid cold medicines, all of which have almost exactly the same ingredients. Yet medicines with brand names that the man recognizes from television commercials are for more than the unadvertised versions. Elucidate in economic terms..
In December 1994 a man in Ohio decided to deposit all of the 8 million pennies he’d been saving for nearly 65 years. With a reserve requirement of 12.5 percent, what will be the cumulative change for the banking system in Instructions: Enter your res..
If oligopolistic firms banded together with the intention of acting like a monopoly it would likely result in their being able to
Companies that reduce their margins on export products in the face of appreciation of their home currency may be motivated by a desire to
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