1. Demand curve: P = $100 – 2Q Supply curve: P = $10 + 4Q If a tax of $30 per unit is imposed in this market, the dollar price paid by buyers will be: (show the math) a. 10 b. 20 c. 40 d. 60 e. 80
Which of the following statements is accurate? Select the correct answer below: A. when the long-run average cost (LRAC) decreases as output increases, a firm is experiencing diseconomies of scale. B. when the long-run average cost (LRAC) increases as output increases, a firm is experiencing diseconomies of scale. C. when the long-run average cost (LRAC) increases as output increases, a...
Which expression describes the heat evolved in a chemical reaction when the reaction is carried out at constant pressure? AE represents internal energy, which can also be symbolized as AU. The symbols w and q represent work and heat, respectively.
Exercise 10-9 Straight-Line: Bond computations, amortization, and bond retirement LO P2, P4 (The following information applies to the questions displayed below.) On January 1, 2017, Shay issues $330,000 of 12%, 15-year bonds at a price of 97.00. Six years later, on January 1, 2023, Shay retires 20% of these bonds by buying them on the open market at 104.50. All...
PROBLEM 3: Figure 3 shows a top view ofa motor driven pump. The direction of the gravitational acceleration is indicated by g, and is oriented orthogonal to this paper. The shaft of the motor is supported by two bearings in points A and B and the motor rotates at n 1000 rpm. The motor power is 10 kW. The radius...
Assume soybeans are produced in a perfectly competitive market. A soybean farmer is currently maximizing his profits. If the market price of soybeans falls, after the farmer adjusts to the new price, he will be producing ________ bushels of soybeans, and his economic profit will be ________. A) fewer; the same B) fewer; lower C) more; the same D) the...
3ELEC 3600. Problem H8 3-phase Wound Rotor Induction Motor This sheet is page 1. Number all pages. Consider the following induction machine THREE-PHASE INDUCTION MOTOR DATA* Ratings Line Voltage 2400 V; 72.17 A; Horsepower-300 hp stator frequency60 Hz Design W Poles -4; **Equivalent Circuit Values (in stator ohms Rated Freq)** R1 0.30000 R2'- 0.47159 X2'-1.73000; Jm2.5000 kg-m sq Thevenin Equivalent...
Prepare a 700 - 1,100-word paper in which you describe the observable aspects of your organization’s culture. Address your perceptions of the following aspects in your paper: a. How communication flows b. Organizational diversity c. Dress and language d. Conflict management e. Organizational policies f. Technology g. Artifacts, symbols, and stories
1. A shunt machine, while running as a generator, has an induced voltage of 260 V at 1200 rpm. Its armature and field resistances are 0.2 2 and 110 Q, respectively. If the machine is run as a shunt motor, it takes 4 A at 220 V (i) Draw the schematic diagram of the machine as a generator. (ii) Draw...
A consumer's willingness to pay: is the minimum price that a buyer would be willing to pay for a good or service. must always equal the seller's willingness to sell. is his or her reserved minimum bid-price. is the maximum price that a buyer would be willing to pay for a good or service.