Efficiency can only be defined in terms of the desired
outcomes.
If the goal is to move as many people per hour as possible then the
way to maximize efficiency is to always keep people queued so that
the chairlift is saturated at 2400 riders per hour.
How could you maximize efficiency on a chairlift that can have anywhere from 0 to 2400...
just number 2 please. S pose you can work anywhere from 0 to 24 hours a day at age of 10 hour. You et of 50% on all income over 550 per day (the first 550 per day ist edYou choose work 10 hours a day. Draw your budget constraint along with the indifference curve that shows your o p in (b) Suspose the tax law is changed so that ALL income is now subject to a 25tax. Do you...
Can you think of an aid initiative that you have heard of (from anywhere in the world)? Was it marginal or transformational and why?
4. We have discussed in class that a monopolist can maximize its profit by charging different prices from two (or more) different groups of consumers. If you were a monopolist and could charge different prices for your product in domestic and foreign markets, how would you set your prices? Which market would receive a larger quantity of your product? Explain carefully how you would make this decision. Make sure to discuss the rationale behind it.
The chapter describes how a market can be economically efficient. Before you took this class, you might have heard someone say that "markets are efficient." Compare and contrast the description of efficiency from the chapter to the definition of efficiency from physics: "Efficiency is a measure of how much work or energy is conserved in a process. In many processes, work or energy is lost, for example as waste heat or vibration. The efficiency is the energy output, divided by...
20. Jerry Herst wants to have $2400 available for a vacation 2 years from now. How much must he invest today, at 6% compounded monthly, so that he will have the required amount
•How could you have improved teamwork and collaboration? •Are there ways you would have approached a project of this magnitude differently if you did it again? Create a "User's Guide" of 3 to 5 pages where you advise future teams on how to maximize their success on an audit. Be creative!
how do you solve this? Animals have anywhere from one to three opsin genes in their genomes. These genes encode proteins that sense different wavelengths of light and confer color vision. a. The relationship between the human opsin gene that senses light in the blue range and the dog opsin gene that senses light in the blue range is ✓ [Select] Pseudogene Ortholog Paralog the human opsin gene that senses light in the blue range and the human gene that...
Problem 2 We have seen that, if a matrix A is invertible, then we can express the unique solution of Az = b as I = A-15. Soon, we will introduce ideas that help us understand At = b better when A is not invertible. This problem is preparation for that! 11 301 1-3 -9 2 Let A = 2 6 0 1-2 -6 -5 (a) Solve the system A7 = 5. (b) What does the solution set of Az...
In approximately 400 words describe how you could use what you have learned about paradigms to improve your own life or your business. Include if you consider yourself (or plan to be) a paradigm shifter or a paradigm pioneer. Also, describe how you would employ at least three of the basic concepts of paradigms e.g. paradigm shifting, the 4 principles of paradigms (includes the paradigm effect), paradigm paralysis, the impossibility question, or another relevant concept.
QUESTION 6 please help MATLAB to and you 5. MATLAB can also solve second order equations symbolically using the Symbolic packages. The help page https://www.mathworks.com/help/symbolic/solve-a-single-differential-equation. html#f1-11214 shows examples of how this works. Code this up for the same equation and see if you get the same answer. If you don't (and you probably won't), try simplifying the answer after you get it to see if it matches then. Note: You'll need to define the symbolic function y(t) here in order...