In detail with numbers and how you got each ratio, Please show all steps
Compute the NPV,PI, and IRR for the following projects. Which projects should be accepted? a)The project requires an initial investment of $1,200 and provides five annual cash inflows of $3500. Assume a cost of capital of 13%
List and explain 6 ways that food affects health and disease.
List and explain 6 ways that food affects health and disease.
Identify and explain the steps in a foodborne outbreak investigation.
Identify and explain the steps in a foodborne outbreak investigation.
Despite the challenge of a physical disability, father and son Dick and Rick Hoyt, are using their “voices” to speak for themselves but also to speak for others with disabilities. What impact do they have on each other?
- Perception Matters: Despite the challenge of a physical disability, father and son Dick and Rick Hoyt, are using their “voices” to speak for themselves but also to speak for others with disabilities. What impact do they have on each other? What impact do they have on others? What is the impact on you? Does your perception change now?
Discuss how the production of an interview would be done considering what is happening in the world currently
Discuss how the production of an interview would be done considering what is happening in the world currently
Explain the difference in how you can add up individual demand curves for private goods and public goods:
| For private goods: How can you add up individual demand curves to find the market demand curve?For public goods: How can you add up individual demand curves to find the marginal social benefits? |
Suppose that two chemical firms each dump 100 kilograms of pollution into the local river during their regular production activities.
Firm A could reduce its pollution at a cost of 20 euros per kilogram.
Firm B could reduce its pollution at a cost of 50 euros per kilogram.
Scientists advise the government that there is an urgent need to reduce overall pollution from 200 kilograms to 80 kilograms.
a. What would be the lowest-cost way to reach this goal? That is, how much pollution reduction would each firm do?
What would be the cost of pollution reduction to firm A, the cost to firm B, and the cost for the two firms together? (As always, show your work. Note that the total amount of pollution reduction for the two firms together must be 120 kilograms.)
b. Typically, the government would not know the lowest-cost way to reach its goal, so it might simply ask each firm to reduce its pollution to 40 kilograms (so that total pollution emissions would be 80 kilograms). If the government did this, what would be the cost to firm A, the cost to firm B, and the total cost? (Again, show your work. Note that each firm does 60 kilograms of pollution reduction.)
c. Compare the total cost of pollution reduction in part (a) to the total cost in part (b).
d. Is there some policy that the government could use to reach its goal for pollution reduction at the lowest overall cost, even though it does not know the costs of each firm? Explain how the policy might work.
e. For bonus points, use numbers to show how both firms would be better off with the policy in part (d) rather than the policy in part (b).
Suppose that the production of steel unavoidably causes pollution. The damage done by the pollution is estimated to have a cost of €20 for each ton of steel produced.
a. What is a second name for the supply curve here?
b. In the graph above, one (and only one) of the dotted lines represents a social cost curve. In a single sentence, explain how you know which curve it is.
c. What are the equilibrium price and quantity of steel? Explain how you find this answer.
d. What are the efficient or optimal price and quantity of steel? Explain how you find this answer.
e. An area in the graph represents welfare loss for the equilibrium outcome. Is this area above or below the demand curve?
It is rumored that the Swiss government subsidizes cattle farming, with higher subsidies in tourist areas. Why might this policy be efficient?
It is rumored that the Swiss government subsidizes cattle farming, with higher subsidies in tourist areas.
Why might this policy be efficient?
Why might there be litter in a public park, but not in a private garden?
Why might there be litter in a public park, but not in a private garden? Your answer should focus on incentives, and it should identify the “market failure” that is involved here.