Suppose there is a public good, this good would add 50 dollars in benefit to each of the 1000 people living in the clty. At what costs would they agree to build it? O 75000 O 40000 O 25000 O both 40000 and 25000
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- Computer models of global climate changecaused by increasing carbon dioxide in the atmosphere predictnot only higher overall temperatures, but also more intense andfrequent heat waves. During the devastating European heatwave in the summer of 2003, between 35,000 and 52,000“excess deaths” occurred. Before taking specific actions toreduce carbon dioxide emissions, economists and politicians tryto estimate the costs. Should excess deaths be included as acost of inaction? If so, what value should we place on a life?RO 8.50 shew table drive RO 7.00 RO 110 850 1100 105 RO 90 175 ptop pper ire apaste ody ion RO 12 RO 9 1500 2500 RO 2 RO 5 RO 2.5 10 8 RO 4 15 1015 The ancestors of the Indigenous Peoples of Canada arrived around ago via a land bridge from Siberia, years 17 18 OAN 5.000-10.0000 20 B) 10,000-15.000 Oa s00-1,000 O D) 1.000-1.500
- A company has inventory of $200,000 in a warehouse that is completely destroyed by fire. There is no insurance to cover this loss. The cost to replace the inventory is $250,000. What inventory cost should the manger use to estimate economic profit? O a. 250000 O b. -50000 O c. 50000 O d. -200000 О е. 200000For this question, use the following information: A В D E Initi al Investment -3,300 -6,500 -5,000 -8,000 -4,000 Annual Benefit 700 1,200 900 1,400 850 Salvage Value 100 400 300 1,000 200 Useful life 10 10 10 10 10 IRR 16.85% 13.49% 12.86% 12.67% 17.01% E-A C-A В-А D-A D-B Delta IRR 17.74% 4.63% 9.92% 9.76% 9.47% С-Е В-Е D-E В-С D-C Delta IRR -7.43% 7.50% 8.31% 15.52% 12.38% Which alternate should be selected if MARR is 9% (mutually exclusive)?Tech is playing State in the last conference game of theseason. Tech is trailing State 21 to 14 with 7 seconds left inthe game, when they score a touchdown. Still trailing 21 to20, Tech can either go for two points and win or go for onepoint to send the game into overtime. The conferencechampionship will be determined by the outcome of thisgame. If Tech wins they will go to the Sugar Bowl, with apayoff of $9.2 million; if they lose they will go to the GatorBowl, with a payoff of $1.5 million. If Tech goes for twopoints there is a .30% chance they will be successful andwin (and a .70% chance they will fail and lose). If they gofor one point there is a 0.98 probability of success and a tieand a 0.02 probability of failure. If they tie they will playovertime, in which Tech believes they have only a 20%chance of winning because of fatigue.a. Use decision-tree analysis to determine if Tech shouldgo for one point or two points.b. What would Tech’s probability of winning the game inovertime…
- 2. Mang Oleh Kembang in Lembang has 10 major fields that are used to grow Mango. The productivity of each field is expressed as follows: Annual Yield, Hundreds of Kilograms Field 1 2000 Field 2 1800 Field 3 1750 Field 4 1625 Field 5 1500 Field 6 1450 Field 7 1375 Field 8 1225 Field 9 8500 Field 7250 10 Assume that each field is the same size and that the variable costs of farming are $74,600 per year per field. The variable costs cover labour and machinery time, which is rented. Tamima farm must decide each year how many fields to plant. a. In 2017, corn farmers received $5.15 per 100 KG. How many fields did Tamima plant? Explain. b. By 2020, the price of corn had fallen to $4.23 per 100 KG. How will this price decrease change Tamima's decision? How will it affect his demand for labour?The graph illustrates the unregulated market for pulp and paper. The mills dump their waste in a river that runs through a small town. The marginal external cost of the dumped waste is equal to the marginal private cost of producing the pulp and paper (that is, the marginal social cost of producing the pulp and paper is double the marginal private cost). Suppose that no one owns the river and that the government levies a pollution tax. Draw a point to show marginal social cost if production is 240 tons. Draw the MSC curve and label it. Draw an arrow at the efficient quantity that shows the marginal external cost. The tax per ton of pulp and paper that achieves the efficient quantity of pollution is $ esc 1 q @ 2 W #3 e Selected: none $ r 5 t Oll ... & Y O 7Number of wells Total water output (in 1000s of liters/day TR TC AVR Profit 0 0 0 0 0 0 10 100 10000 600 1000 9400 20 200 20000 1200 1000 18800 30 280 28000 1800 933.3 26200 40 340 34000 2400 850 31600 50 380 38000 3000 760 35000 60 400 40000 3600 666.7 36400 70 400 40000 4200 571.4 35800 80 380 38000 4800 475 33200 90 340 34000 5400 377.8 28600 Use your graph and the data in your table to identify the economically efficient numberof wells (Hint: What is the profit maximizing number of wells?)
- Number of wells Total water output (in 1000s of liters/day TR TC AVR Profit 0 0 0 0 0 0 10 100 10000 600 1000 9400 20 200 20000 1200 1000 18800 30 280 28000 1800 933.3 26200 40 340 34000 2400 850 31600 50 380 38000 3000 760 35000 60 400 40000 3600 666.7 36400 70 400 40000 4200 571.4 35800 80 380 38000 4800 475 33200 90 340 34000 5400 377.8 28600 (e) Calculate the profits of the 40th well. (f) The government of Cyprus has decided to impose a license fee to limit the number ofwells to 40. What should be the price of this license fee? Show all your calculationsclearly.Pls answer in 5-6 Sentence only, and give examples for more details How can capitalism and multinational corporations be environmentally sustainable?2. A municipal solid-waste site for a city must be located at Site A or SiteB. After sorting, some of the solid wastes will be transported to an electric power plant where it will be used as fuel. Data for the hauling of solid wastes from each site to the power plant are shown in Table below. Average hauling distance Yearly rental fee for solid - SITE A 4 kilometers P5,000 SITE B 3 kilometers P100,000 waste site Hauling Cost P1.50 per m - km P1.50 per m - I n° - km If the power plant will pay P8.00 per m of sorted solid waste delivered to the plant, where should the solid-waste site be located? Use the city's viewpoint and assume that 200,000 m of wastes will be hauled to the plant for one year only. What site must be selected? Show your computation and defend your answer. (20 points)