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Suppose two? utilities, People's Electric and Municipal? Energy, each produce 200200 tons of pollution per year. The government has a goal of eliminating half the ?pollution, and, in? turn, provides 100100 pollution permits to each utility. A pollution permit is required to legally produce a ton of pollution. ? However, the two utilities are allowed to trade permits. Suppose the cost of eliminating one ton of pollution for? People's Electric is $400400 and the cost of eliminating a ton of pollution for Municipal Energy is ?$450450.The total cost of each utility eliminating 100 tons of pollution is $___?
The CFO of Marta Aarana Cement Industries knows that many of the diesel-fueled systems in its quarries must be replaced at an estimated cost of $20 million 10 years from now. A fund for these replacements has been established with the commitment of $..
Rental equipment is for sale for $110,000. A prospective buyer estimates he would keep the equipment for 12 years and spend $6000 a year on maintaining the equipment. Estimated annual net receipts from equipment rentals would be $14,400. It is estima..
Mario works part-time at a Pizza Hit and earns an annual wage plus tips of $15,000. He sold 4,000 pizzas during the year at $15.00 each. He was unemployed part of the year, so he received unemployment compensation of $3,000. During the past year, Mar..
Predatory pricing is easy to prove in court. Learning curve effects may enable an incumbent to produce at a lower cost than a potential entrant. A firm can benefit from strategies that raise the marginal costs of its rivals.
Assuming International political economy viewed through realism’s lens is all about power, what types of power and why? What are the real-world outcomes of such a realist point of view? How will a country “behave” toward others, for example?
What are the roles of government in the market economy? Based the current economic conditions, to what extent should the government intervene in the market economy? What are the justifications given in favor of more government involvement in the mark..
Completely describe how the Federal Reserve System can increase the level of output in the national economy by using Open Market Operations?
Xaquane and Yullare are obscure but talented 18th century painters. The world’s stock of Xaquanes is 100 and the world’s stock of Yullares is 70. The demand for each painter’s work depends on its own price and the price of the other painter’s work. W..
How does "Islamic revolution" resemble other waves of revolution (Communist peasant rebellions in the 20th century, national revolutions in Europe in the 19th century, democratic revolutions in the 18th and 19th century)? How does it not? What accoun..
How much is in this account after 40 years? Please do not show Excel formulas. I am looking for a standard set of equations that can be done with a simple calculator or by hand. Thanks. Will rate fast for easily understandable answers.
Assume a firm has production technology given by f(L,K) = L^1/3 K^1/3. Assume pK = 1 = pL and compute the firm’s short-run and long-run cost functions.
In a paper, analyze the impact of changes in the federal minimum wage on employment, the individual, family and household incomes, and the future of employment wages. Provide specific examples to support your findings and justify your ideas.Analyze t..
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