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Initially, electricity is sold in New York at a competitive single price. Now suppose that New York restricts the quantity of electricity its citizens can buy. Show what happens to the price of electricity and the quantities sold in New York.
A medical clinic is being ran. Q=KL is the production function. Q is the number of patients treated. K & L are inputs. K = number of nurses, L = number of doctors. Price of K = 1 and the price of L = 5
Two production lines are under evaluation. One uses waterjet cutting technology and has an initial cost of $100,000 , an annual operating cost of $10,000 , a useful life of 5years, and a salvage value of $70,000 at the end of 5years.
Suppose that government imposes same rate of unit tax (tax on consumer) to both labor. Show the changes in both markets.
Suppose 10-year T-bonds have a yield of 5.30% and 10-year corporate bonds yield 6.75%. Also, corporate bonds have a 0.25% liquidity premium versus a zero liquidity premium for T-bonds, and the maturity risk premium on both Treasury and corporate.
For one application, the nitrate concentration y (milligrams per liter) in a water sample collected after a heavy rainfall was modeled as a function of water source (groundwater, subsurface ?ow, or overground ?ow).
To the equation in part (v), add an interaction between electric and educ . Is its co- efficient statistically significant? What happens to the coefficient on electric ?
Submit at least one coordinate point that can be used to graph the line 1A - 1B = 3. Remember that the left hand side must equal the right hand side when you plug your numbers in. Your submission must be unique from.
Generic Brands is expected to earn a profit of $1 million each year forever into the future. If the interest rate is 5%, and there are 20,000 shares of company stock outstanding, how much will investors be willing to pay for a single share of Gene..
Read Eye on Record Stores on p. 390 and explain how Internet retailing of recorded music changed the constraints faced by small traditional record stores. Why did many record stores exit rather than shut down temporarily?
A company is now licensed to manufacture a patented tool on which the patent has only 7 more years to run. The company makes 7500 copies of the tool each year and pays the inventor $100 per year plus $0.05 per tool produced.
In addition to these specified resources, other appropriate scholarly resources, including older articles, may be included.
Automobile companies often provide a 3-year warranty on new vehicles. Consumers must pay for extended warranties beyond the manufacturer's warranty period. Suppose that a 5-year extended warranty is offered for your new vehicle at a price of $1,31..
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