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Consider an initial stock of 5000 tons of high grade ore. The demand function for this ore is P = 2400 – 0.2Q (Q is measured in tons/year), and the cost of extraction is constant at c = $200/ton. The discount rate is r = 0.10. Using a discount rate of r = 0.10 and a cost of c = $200/ton. What is the maximum stock level, Sˆ, for which the entire stock will be mined in one season? Show your work.
Illustrate what is the impact of this sale on GDP for 2002. Assume no realtor is involved in the sale.
When we apply 50 tons of fertilizer, the total yield is 1500 bushels. Elucidate the marginal value product per ton of fertilizer.
The annual maintenance cost is estimated to be $100K. A major renovation at a cost of $50M is required every 100 years. What is the capitalized cost of the bridge at an interest rate of 5%?
Assume you have $10 to spend on either apples or chocolate. The price of a pound of apples is $3/pound and the price of chocolate is $5/pound. Graph the consumption possibilities curve. What is the opportunity cost of the 1st pound of chocolate? What..
Should the seniority rule be eliminated, what is MOST likely to gain greater influence over the process of selecting committee chairs.
According to the monetarist view,
What is the equilibrium price of honey? How much profit does an individual producer make in a month?
what single payment at the end of year 5 is equivalent to an equal annual series of payments of $800 beginning at the end of year 3 and ending at the end of year 12? The interest rate is 8% compounded annually
Illustrate the use the orange points square symbols to plot the portion of the supply curve that corresponds to prices where there is positive output.
Explain how might you make profits by purchases or sales of bonds now,with the intention to sell in a few months' time.
how will Kristine s consumption pattern and welfare be affected
Explain how much total pollution reduction will occur under proposal A and what be will the total compensation received by regions O and R.
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