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The B/C ratio for a mosquito control program pro- posed by the Harris County Department of Health is reported as 2.3. The person who prepared the report stated that the health benefits were estimated at $500,000, and that disbenefits of $45,000 per year were used in the calculation. He also stated that the costs for chemicals, machinery, maintenance, and labor were estimated at $150,000 per year, but he forgot to list the cost for initiating the program (trucks, pumps, tanks, etc.). If the initial cost was amortized over a 10-year period at 7% per year, what is the estimated initial cost?
Draw a supply/demand diagram of the market for "loanable funds" in the U.S. Use the "interest rate" as the "price" of loanable funds on your diagram.
Question is: What is the likely effect of an exogenous decrease in the price of oil on the Canadian economy? Explain how the Bank of Canada would respond to such shock
John lives for three periods. He is currently considering two alternative education-work options. Alternative 1: he can start working immediately, earning $100,000 in period 1, $110,000 in period 2, and $120,000 in period 3.
Soft selling occurs when a buyer is sceptical of the usefulness of a product and the seller offers to set a price that depends on realized value. For example, suppose you're trying to sell a company a new accounting system that will reduce costs by 1..
As asset is purchased in September and is being depreciated over 7 years using MACRS 200% Declining Balance depreciation switching over to Straight Line Depreciation, with the mid month convention. In what year should the depreciation method be switc..
The earnings of engineers, doctors, and lawyers are high because lots of education is necessary to practice in these fields
difference between accounting and economic profit and the demand for a product is more inelastic
This assignment problem from economics and it is focuses on Nash equilibrium or game theory, introduced by Prof. John Nash. A case study involving game theory in deciding dominant strategy for two competing multiplexes is given.
Explain in words and with a graph why a 15 cent per gallon tax on milk could be collected from milk producers or from milk consumers at the store with the same result?
Suppose Brenda"s preferences are such that she always receives three times as much satisfaction from an extra unit of styling as she does from gas mileage. What type of car will Brenda choose?
Lightweight personal locator beacons are now available to hikers that make it easier for the Forest Service's rescue teams to locate those lost or in trouble in the wilderness.
Determine what fiscal policy measure has a more direct impact to the economy, an increase in government spending or an equal decrease in taxes if consumer confidence is lower than the previous month.
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