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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.
Design a simple econometric research project
Multiplicative decomposition method
The Australian government administers two programs that affect the market for cigarettes.
Solve the forecast model
What are the marginal abatement cost functions for each of the two areas? Calculate the loss in the two areas due to over-control (for the rural area) and under-control (for the urban area).
Explain why this model violates the assumption of no perfect collinearity. Write the t statistic for testing the null hypothesis
What is economics system? What are the types of economics system? Briefly explain each type of economics system by giving examples of nations that are close to each type
Determine when a competitively produced product generates negative externalities in production, the industry will,
Assume a company has the following production function: Q = 100 K.5 L1 . Currently, the company hires 1,000 workers and employs 100 units of capital.
M-commerce also known as mobile commerce is being lumped in with several strategic internet plans. Explain some of the industries that are likely to use mobile commerce and how it is working for them.
Auto Data manufactures custom engineering testing machine. The following 5-orders are currently in the design department:
Briefly discuss the difference between mechanism of an oral or English auction and a Vickrey or second price auction.
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