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A new bridge project is being evaluated at an interest rate of 7%. Reccomend an alternative based on the capitalized cost for each option below:
Option Construction Cost Annual O&M Life(years)
Concrete $ 18 million $250,000 50
Steel $ 25 million $500,000 70
Using an Edge worth Box, graph the initial allocation and draw the indifference curve for each consumer that runs through the initial allocation.
Explain how does the existence of money reduce the costs of making transactions, relative to a society based entirely on barter.
Law of demand does not hold since attendance at the major league parks has dropped while at the same time ticket prices have fallen.
q1. suppose the required reserve ratio .20 and that a new 100 billion of reserves are injected into the system. by how
2 companies are competing for output. The leader firm knows the market demand to be P=1200-Q. The demand for the other company is Q2=400-0.5Q1. Both companies are have marginal cost $200. How much output will the leader company produce?
Explain how will this event affect the equilibrium price and quantity of Florida oranges.
what his students remembered fron introductory macroeconomics about the creation of money. He reported that few students were confident enough or remenbered enough to reply correctly to his question.
Assume that demand for a commodity is represented by the equation P = 10 – 0.2 Q d, and supply by the equation P = 2 + 0.2 Qs where Qd and Q s are quantity demanded and quantity supplied, respectively, and P is the Price. Use the equilibrium conditio..
Illustrate what would be the pes0-dollar exchange rate be if purchasing-power parity holds. If a monetary expansion caused all prices in Mexico to double.
q1. how an airline executive might use tourism economics relating to passengers load factors ticket prices discounts
The invention of a self-milking cow machine allows cows to milk themselves. Not only does this reduce the need for higher-cost human assistance in milking, but it also allows the cow to milk herself three times a day instead of two, leading to both a..
price ceiling and price floorintroductionprice ceiling is the law that sets a maximum price below the equilibrium
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