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The annual additional energy requirement is 350,000,000 kilowatt-hours. The cost of energy from Canada is 1.48 cents per kilowatt-hour for the first year. The price will be escalated at 4 percent annually for the 20-year contract period.
Suppose the demand for good X is Qdx=10-2Px + Py +M .the price of X is $1 the price of good Y is $10 and income is $100 given these prices and income how much of good X will be purchased?
If the product price is $105, at its optimal output will the firm realize an economic profit, break even, or incur an economic loss? How much will the profit or loss be? Show all calculations.
What will happen to equilibrium price of new textbooks if more students attend college, paper becomes cheaper, textbook authors accept lower royalties and fewer used textbooks are sold.
May be imposed either to raise revenue (revenue tariffs) or to shield domestic producers from foreign competition (protective tariffs).
Elucidate Illustrate what President Roosevelt might have been trying to achieve, using the model of aggregate demand also aggregate supply
q1. assume that in the preceding problem the government levies an excise tax of 5 per dose on the monopolists.
In an application of the Harrod-Domar model, suppose the only final-goods industry in a country is the making of cotton shirts. The factories, machinery and warehouses used in production were purchased previously and are still worth $3 billion. Each ..
how resource growth and improvements in technology can allow a nation to increase its production of government goods and services while also increasing its output of private goods and services
q. gains from trade will result if a country specializes ina. the goods in which it have a comparative advantage.b. all
illustrate what is the specific marketplace-failure justification for governing spending on public universities
Illustrate what is the maximum price of capital at which the firm will still make nonnegative profits.
what additional information would be useful in the pricing decision? What would be your recommendations for setting up a model to forecast future demand for this product?
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