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A state government is considering construction of a flood control dike having a life span of 12 years. History indicates that a flood occurs every four years, on average, and causes $500,000 in damages on each occasion. If the state uses a MARR of 12 percent per year and expects every public works project to have a benefit-cost ratio of at least 1.0, what is the maximum investment (to the nearest whole dollar) that will be allowed for the dike? (Do not enter the dollar sign $ with your answer.)
The Taxpayer Relief Act developed Roth IRA which permits you to make after tax retirement contributions of up to $2000 yearly and contributions are not tax deductible
Let us incorporate government transfer payments TR explicitly
Edward the entrepreneur takes two hours to cut a lawn, and he cuts 1,000 lawns per year, he use solar powered equipment thw will last forever and can be sold for $20000. the interest rate is 10 perent given his current output level, compute his margi..
1 right-to-work laws in individual statesa. make it illegal to require union membership as a condition for continued
why can the distinction between fixed costs and variable costs be made in the short run? classify the following as
your market research group estimated the following demand curve for gadgets the product your company produces and
the next three questions refer to the graph below.nbsp assume that the premigration labor force in country a is a and
Determine the quantity demanded, the quantity supplied, and the magnitude of the surplus if a price floor of $42 is imposed in this market.
For a firm in a perfectly competitive market that faces a market price of $5/unit for its output, draw a diagram showing a U-shaped long run Average Cost curve and the related Marginal Cost curve so that, in the situation you show
When the firms in the industry are just able to cover their cost of production, economic profit is zero. Therefore, if demand falls, causing prices to go down even a little bit, all of the firms in the industry will be driven out of business
The firms and workers in Alpha form expectations adaptively. The firms and workers in Omega form expectations rationally. Their otherwise identical economies are initially in equilibrium at the natural level of output with 10 percent inflation.
Assume a certain firm in a competitive market is producing Q = 1,000 units of output. At Q = 1,000, the firm's marginal cost equals $15 and its average total cost equals $11. The firm sells its output for $12 per unit.
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