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1. What is the significance of the microstructure of a material? How do you define microstructure?
2. Describe some of the unique features of the concrete microstructure that make it difficult to predict the behavior of the material from its microstructure.
Modify the model presented in Section 14.4 such that followers can now use the innovation of the technological leader and immediately leapfrog the leader, but in this case they have to pay a license fee of ζ to the leader.
In developing a subdivision, the developer is required to build the roads to the city building code specifications and to deposit an amount which will allow the city to repave the roads every four years for an indefinite period of time. The costs ..
Suppose that every additional five percentage points in the investment rate (I/GDP) boost economic growth by one percentage point. Assume also that all investment must be financed with consumer saving.
Most moonlighting jobs pay less per hour than the worker's basic job. Draw a typical worker's budget constraint. Explain why the budget constraint has a kink at 37 hours of work. Discuss the consequences of the kink in the budget constraint.
The Third National Bank has reserves of $20,000 and checkable depositts of $100,000. The reserve ration is 20%. Households deposit $5,000 in currency into the bank that is added to reserves
A hospital is considering to purchase one of two different medical devices to perform a specific task. Both devices will perform an accurate analysis. Device A costs $170,000 initially, whereas device B (the deluxe model) costs $180,000.
The demand function for a good is Q = 200 - 10P where Q is the quantity and P is the price. Calculate the price elasticity of demand at prices of $5, $10, and $15
industry demand curve equals Q=900-100P and the long run average cost is a constant $1.50 per unit of output. Calculate market output, price, consumer surplus, and producer surplus in a competitive market.
A firm is a purely competitive industry is currently producing 1000 units per day as a total cost of $600. If the firm produces 1200 units per day its total cost is $600. If the firm produces 1000 units per day its total cost would be $400.
Find the inverse of the coefficients matrix. What restriction on the parameters is needed for a solution to exist? In other words, what restriction is needed in order to make the coefficients matrix non-singular?
without a market for pollution rights, dumping pollutants into the air or water is cost less; in the presence of the right to buy and sell pollution rights, dumping pollutants creates an opportunity cost for the polluter." What is the significance..
Suppose that the price of a stock is $50 at the beginning of a year and $53 at the end of the year, and it pays a dividend of $2 during the year. Calculate the stock's current yield, capital-gains yield, and the return.
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