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Q1. A community wants to construct a hazardous waste incinerator for household hazardous waste. The cost of the facility is expected to be $4,000,000. The cost of operating this facility is estimated to be about $20,000 per year plus salaries of $100,000 annually. The insurance on the facility will be $3,000 per year. Illustrate is the annual cost of this facility to the community? Assume which the facility will have a useful life of around 15 years. The Capital recovery factor is .10380
Q2. Illustrate the effect of increasing Government spending on all the macro-economic variables assuming a horizontal AS curve.
q.assume a consumer has 600 to spend on two goods good x as well as good y. the cost of good x is given by px 20. the
Illustrate what might cause the world interest rate to rise.
Does this make economic sense? Explain the rationale behind equal prices for unequal distances in air travel using supply, demand, and cost curves.
Suppose the short-run production function is q = 6L^2. If the wage is $12 per unit of labor, then: What is the average variable cost?
Assume you are the manager of a medium-sized industry which operates in an industry which has a four-industry concentration ratio
Elucidate what is the minimal compensation t that induce the buyer to accept the exclusivity contract. What is the maximal compensation that the monopolist is willing to oer to the buyer.
the participation rate 60 percent, 200 million people 16 years or older are not in the labor force. How many people are in the working-age population in this economy?
Illustrate what does GDP income leave out. Should a country meet additional quantifiable goals before being considered "developed".
q1. consider the supply curve qs 4p. what happens to the price elasticity of supply along the curve as the quantity
each price rise reflected a reduction of the silver in the coins. Discuss critically.
Suppose that your opponent is not playing her Nash equilibrium strategy. Should you play your Nash equilibrium strategy? why or Why not?
Describe return to an investment in a college education. How would you go about measuring it. How would you decide it is good enough to warrant investment.
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