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The figure shows the skirt of an air cushion vehicle. A supply at pressure Ps and temperature Ts fills the skirt volume, so that the vehicle "floats" on a cushion of air, while air escapes under the skirt to atmosphere. The height of the skirt above ground is called h and is time varying as the vehicle negotiates an uneven terrain. The ground input is the velocity vi(t) Construct a model of this system that, if solved, would predict the vertical motion time history of the vehicle. Since h(t) is very small, it is all right to consider the relative motion between base and skirt as creating a volume change in the skirt.
The following Cobb-Douglas production function is used to describe the output generated by a local government maintenance agency. Q = L1K2E3 Where L represents number of worker hours, K represents number of trucks used, and E represents energy use..
Suppose the inverse demand for a product is Q = ?P 1/2 + 10. Write the expression for the demand curve, i.e., P = f(Q). What kind of expression is this?
Calculate the opportunity cost of an increase in the number of hours spent studying in order to earn a 3.0 GPA rather than a 2.0GPA. Total Hours Hrs Studying GPA HrsWrking Income
you are interested in estimating the following modely aoa2x2 a2x2uhowever you have detected an exact linear
Etta and Moorea run a stand where they sell lemonade and brownies. Their cost function is \(C(Q_{L}, Q_{B})= .50Q_{L}+0.25Q_{B}+Q_{L}^{2}+Q_{B}^{2}-Q_{L}Q_{B}\) They can sell a cup of lemonade for $1.20 and a brownie for $0.95. What a..
Explain what the data is telling you and explain where this conclusion might lead you as you explore questions in the future.
Two years ago, Gamma Inc. sold a $250 million bond issue to finance the purchase of new jet airliners. These bonds were issued in $1,000 denominations with an original maturity of 14 years and a coupon rate of 12% with interest paid semiannually.
Suppose that under a new law, all businesses must pay a tax equalto 3% of their sales revenue. Assume that this tax is not passed onto consumers. Instead, consumers pay the same prices after the taxis imposed as they did before.
It costs $20 for each scrapped component. Ignoring depreciation and assuming that the machine has a life of 5 years, what is the maximum amount you should invest in an upgrade to the semiautomatic machine? Assume production levels will remain cons..
Suppose a natural monopolist has fixed costs of $24 and a constant marginal cost of $2. The demand for the product is as follows: Price (per unit) $10 $9 $8 $7 $6 $5 $4 $3 $2 $1 Quantity demanded (units per day) 0 2 4 6 8 10 12 14 16 18
b) What will be the firm's profit with perfect price discrimination c) To implement perfect price discrimination you will have to use salespersons. What is the maximum amount total you will spend on salespersons
Discuss the following statement regarding medical malpractice: "Altruism, professional or ethical concerns may motivate physicians to act as better agents for patients than would be predicted from models that assume purely self-interested income m..
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