To assure that there is enough water in West Texas for future generations, we would need_________....
To assure that there is enough water in West Texas for future generations, we would need_________.
A. an equilibrium price
B. Cheaper water
C. a price system
D A command system
E. more consumers
Homework Answers
[Answer-D] A command system is based upon the control of prices, quantity and other variables related to the commodity in question by the government itself. The role of the matket is minimised and the government ensures an allocation that increases social welfare. As against price system which is based on a free market approach and the prices and quantity are determined in the market. Thus, to assure future availability of water in Texas, D. A command system will be appropriate.
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To assure that there is enough water in West Texas for
future generations, we would need_________....
In West Texas, water is extremely important. The following data represent pH levels in ground water for a random...
In West Texas, water is extremely important. The following data represent pH levels in ground water for a random sample of 102 West Texas wells. A pH less than 7 is acidic and a pH above 7 is alkaline. Scanning the data, you can see that water in this region tends to be hard (alkaline). Too high a pH means the water is unusable or needs expensive treatment to make it usable.t These data are also available for download at...
20. Consider two assets: (1) a vast plot of land in West Texas which includes a...
20. Consider two assets: (1) a vast plot of land in West Texas which includes a cow ranch, and (2) a giant financial portfolio consisting mostly of mutual funds. Which asset is more liquid? a. both assets are equally liquid b. the financial portfolio consisting mostly of mutual funds c. the land holdings in West Texas including the ranch d. neither is liquid; they are both consists mostly of solid matter
1. Drought in North and West Texas has had a severe impact on the cotton crop....
1. Drought in North and West Texas has had a severe impact on the cotton crop. Estimates are that the harvest of Texas cotton in November could be down by over 40%. a) Draw a supply and demand diagram as part of an explanation of why this might change the price of cotton today (Sept.20). (3 points) b) Describe how the results in (a) would impact the market for Men's dress shirts and the market for silk. For each market,...
In which market structures would we usually see economic profits at equilibrium? a. only in monopoly...
In which market structures would we usually see economic profits at equilibrium? a. only in monopoly b. in monopoly and in monopolistic competition c. in monopoly and strong or cooperating oligopolies d. in monopoly and in differentiated oligopoly e. in all market structures Group of answer choices Suppose a price taker market has been at equilibrium until an increase in demand increases the market price. In the future, ceteris paribus, we should expect to see a. the price stay at...
2. Oil and natural gas activity e ord Shale play in this region. The explosion of oil/gas drilling actives results in tremendous enailenges to the transportation system in South Texas, for exampl...
2. Oil and natural gas activity e ord Shale play in this region. The explosion of oil/gas drilling actives results in tremendous enailenges to the transportation system in South Texas, for example overworked roads, overloaded Eagle Ford Shaviis booming again in South Texas due to the 2008 discovery of the trucks, and increasing accidents etc. Bringing a gas well into production requires more than 1,000 loaded trucks traveling to and from a well site, the equivalent of 8 million cars,...
1. (10 pts) The following questions deal with the market for footware (shoes). In column I,...
1. (10 pts) The following questions deal with the market for footware (shoes). In column I, answer with the following key: A: equilibrium price increases B: equilibrium price decreases In column II, answer with the following key: A: equilibrium quantity increases B: equilibrium quantity decreases Col. I Col. II ____ ____ a. The population increases. ____ _____ b. Consumer incomes decrease (footware are normal goods). ____ _____ c. A new technology makes it cheaper to manufacture footware. ____ ______ d....
11. We have a flexible exchange rate system, in equilibrium and with the balance of trade...
11. We have a flexible exchange rate system, in equilibrium and with the balance of trade in balance. Relative to Japan, the U.S. interest rate rises. The U.S. can expect to see a(n) __________ in the value of the dollar and a _______ on its balance of trade. A. appreciation; surplus B. appreciation; deficit C. depreciation; surplus D. depreciation; deficit 12. We have a flexible exchange rate system, in equilibrium and with the balance of trade in balance. Relative to...
if the US dollar appreciates against the Japanese yen : a. The US dollar would buy...
if the US dollar appreciates against the Japanese yen : a. The US dollar would buy if you were Japanese yen. b. Japanese good will be more expensive in the United States. c. Japanese goods will be cheaper in the United States. d. US goods will be cheaper for Japanese consumers.
Questions We disolve 2.77 g of an unknown acid, HA, in enough water to produce 25.0...
Questions We disolve 2.77 g of an unknown acid, HA, in enough water to produce 25.0 mL of solution. The pH of this solution of HA(aq) is 1.33. We titrate this solution with a 0.250 M solution of NaOH. It takes 42.3 ml. of the NaOH solution to reach the equivalence point (a) (2 points) What is the mole mass of HA? (b)(2 points) What is the pk, value of HA(aq)? (e) points) What is the pH at the equivalence...
6. Enough of a sparingly soluble salt AB(s) dissolved in a certain amount of water to...
6. Enough of a sparingly soluble salt AB(s) dissolved in a certain amount of water to bring it into equilibrium with the ions A" (aq) and B (aq). If the equilibrium concentration of A*? is 4.9 x 10 mol kg"', and the Debye Hückel Limiting Law (DHLL) is obeyed at this concentration, K sp for the salt is: A) 2.11e-9 B) 4.90e-9 C) 4.86e-10 D) 8.46e-9 E) 3.91e-10
In West Texas, water is extremely important. The following data represent pH levels in ground water for a random sample of 102 West Texas wells. A pH less than 7 is acidic and a pH above 7 is alkaline. Scanning the data, you can see that water in this region tends to be hard (alkaline). Too high a pH means the water is unusable or needs expensive treatment to make it usable.t These data are also available for download at...
1. Drought in North and West Texas has had a severe impact on the cotton crop. Estimates are that the harvest of Texas cotton in November could be down by over 40%. a) Draw a supply and demand diagram as part of an explanation of why this might change the price of cotton today (Sept.20). (3 points) b) Describe how the results in (a) would impact the market for Men's dress shirts and the market for silk. For each market,...
2. Oil and natural gas activity e ord Shale play in this region. The explosion of oil/gas drilling actives results in tremendous enailenges to the transportation system in South Texas, for example overworked roads, overloaded Eagle Ford Shaviis booming again in South Texas due to the 2008 discovery of the trucks, and increasing accidents etc. Bringing a gas well into production requires more than 1,000 loaded trucks traveling to and from a well site, the equivalent of 8 million cars,...
Questions We disolve 2.77 g of an unknown acid, HA, in enough water to produce 25.0 mL of solution. The pH of this solution of HA(aq) is 1.33. We titrate this solution with a 0.250 M solution of NaOH. It takes 42.3 ml. of the NaOH solution to reach the equivalence point (a) (2 points) What is the mole mass of HA? (b)(2 points) What is the pk, value of HA(aq)? (e) points) What is the pH at the equivalence...
6. Enough of a sparingly soluble salt AB(s) dissolved in a certain amount of water to bring it into equilibrium with the ions A" (aq) and B (aq). If the equilibrium concentration of A*? is 4.9 x 10 mol kg"', and the Debye Hückel Limiting Law (DHLL) is obeyed at this concentration, K sp for the salt is: A) 2.11e-9 B) 4.90e-9 C) 4.86e-10 D) 8.46e-9 E) 3.91e-10
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