EC_371_HW_3_updated

Question 26 The map below shows the amount of electricity consumed per capita in countries around the world in 2019. Global Electricity Consumption per Capita, 2019 OKWh 500 kWh 1,000 kWh 4,000 KWh 10.000 kWh >55,000 kWh No data 250 kWh 750 kWh 2,000 kWh 8,000 KWh 15,000 kWh Source: BP Statistical Review of World Energy, Our World In Data

Discuss why running out of oil would not mean running out of energy.

If you were to organize a tour for 20 Australian senior citizens who are coming to the Philippines for the first time and you are to do the tour guiding here in Zambales for 3 days and 2 nights, inclusive of bus travel, present a tour plan comprising an itinerary and things you have to remember to make the trip memorable, organized and safe. What laws do you need to observe?

QUESTION 10 Plastic bags take up to 1000 years to decompose in landfills, and end up in oceans where they are highly hazardous to marine life. The Australian Government is aiming to reduce Australia's plastic waste to 30% below 2020 waste levels by 2030. Reforms A Plastic waste change (compared to 2020 levels) by 2030. 10% increase Total cost for industries to introduce reform measures (billions of dollars) 0 C D 30% reduction 50% reduction B No change 0.3 1.2 1.5 a. One possible solution to reduce plastic waste would be to make the marginal private cost of plastic waste more closely reflect the marginal social cost. This would be achieved by the Government Type T for increasing company Tax, P for increasing Personal tax, W for introducing a tax on plastic waste or B for Building more landfill stations. b. Imagine the Government decided to implement a system using market based instruments to price plastic waste. Firms would have to buy the right to produce plastic waste that exceeded…

ECO 120: Course Assignment 1-Demonstration Assignment Due: 2/22/21 by 8AM EST Submit on Moodle Directions: This assignment includes demonstration problems that will be submitted to Moodle. Demonstration - You will graph, evaluate, and submit a graded response to the demonstration questions below. Answer each question separately, produce at least 3 graphs. Scan your graphs as a single document or embed images (jpg or other image files) into a Word document (.doc or .docx) or PDF with your written responses to submit as a single document in your Moodle assignment. You may use the textbook and course materials for expansionary purposes in the demonstration response. Reference and cite (footnote) quotes and content from the text or other resources in the graded demonstration. This assignment is governed by the | Oglethorpe University Honor Code. It must be completed independently. Demonstration: Submit your responses to the following questions on the due date. 1. Draw a production…

Game theory - Please help. Thanks!

22 DISC1 The United States is considered a rich country because Americans can choose from an abundance of goods and services. How can there be scarcity in a land of abundance? Respond to the original question and comment on at least two responses from your classmates. Reply

10:55 All iCloud December 2, 2019 at 10:55 AM A village has five residents, each of whom has an accumulated savings of $50. Each villager can use the money to buy a government bond that pays 10% interest per year or to buy a year-old goat, send it onto the commons to graze, and sell it after one year. The price of the goat that the villager will get at the end of the year depends on the amount of weight it gains while grazing on the commons, which in turn depends on the number of goats sent onto the commons, as shown in table below. Assume that if a villager is indifferent between buying a bond and buying a goat, the villager will buy a goat. Number of goats Income per goat ($vear Price per 2-year old goat (S) on the commons 80 30 1 2 75 25 3 70 20 65 15 5 55 5 What will be the total village income if each villager decides how to invest based on his or her individual self-interest?

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3. Briefly explain how a hike in fuel prices would affect your business costs, sales,competitiveness and profits.

Explain two different reasons why most economists believe that a lack of petroleum never will cause the global oil industry to come to an end.

You will research how the energy is extracted or produced and try to be very detailed about the process and the chemistry involved (stating equations and reactions). You will also research the impact on the environment when using or producing fuels. Investigating wind energy: How is it produced? What is the chemistry involved (stating equations and reactions)? What is the impact on the environment? it should be 400 words Investigating solar energy: How is it produced? What is the chemistry involved (stating equations and reactions)? What is the impact on the environment? 400 words each

Nations across the globe are dealing with the effects of global warming. As the Earth's temperature rises, we are seeing dramatic examples of how that plays out for Earth's inhabitants. These examples include many animal species becoming extinct as habitats decrease or change; more frequent and more devastating fires in Australia and the western United States; rising water covering the city streets of Venice, Italy and threatening homes and farmland in The Netherlands; intense heat waves in India killing humans and animals alike. Here in North Carolina, we have seen more severe storms in the last year than in any 12-month period since weather reporting began in our area. Last summer, many people in our area complained about the abundance and ferocity of poison ivy. It turns out that increased CO2 levels in the environment create perfect conditions for poison ivy to thrive.   What responsibility do we owe our fellow human beings to protect the environment?   What responsibility do we…

4   Time remaining: 00:09:27 Economics Hurdle rates (minimum required rates of return) are often used by development banks such as the World Bank. Suppose the World Bank hurdle rate is 3%. The World bank is currently evaluating a carbon investment in Brazil that will require 1.35 million dollars given to Brazil now, in return for Brazil setting aside forest land and then returning 2.0 million dollars back to a carbon credit owned by the bank in 10 years. The world bank has already paid 1 million dollars in the past two years to set up a carbon payment fund that can generally be used for these purposes. Will the following investment in this carbon market make sense for the World Bank? A. No because the rate of return is equal to 2.4% B. No, because the opportunity cost of waiting is too high C. Yes, because the ratio of benefits to costs is greater than 3% D. Yes, because the rate of return is equal to 4.0%

Problem 01-03 (algo, with video solution) To earn extra money in the summer, you grow tomatoes and sell them at a local farmers' market for $0.15 per pound. By adding compost to your garden, you can increase your yield as shown in the accompanying table. Instructions: Determine the number of additional pounds of tomatoes you are able to grow by using each additional pound of compost. Then compute the additional revenue for marginal benefit) from each additional pound of compost. Enter your responses in the table below, rounding the marginal benefit of each pound of compost to the nearest penny (two decimal places). Pounds of compost 0 1 2 3 4 5 Pounds of tomatoes 100 6 120 125 128 130 131 131.5 Additional pounds of tomatoes 20 5 3 2 Additional revenue (or marginal benefit) $ $ $ $ $ $ 0.5 If compost costs $0.50 per pound and your goal is to make as much profit as possible, how many pounds of compost should you add? Instructions: Enter your answer as a whole number You should add]…

Quèstion 10 2'sweswwwewewE 2 Answer OXAGON is an industrial city that will be built in NEOM. One of the factories interested to join there has been producing a dependable product used by farmers, municipalities, and suburbanites alike to co mdl grass in fields and gardens. Contributions to NEOM revenue have been minimized by international dumping of generic glyphosate, as announced in mid-2021 due to Pandemic of COVID-19. The factory sales price was decreased from $4,072 to $60,308 per gallon to compete with the highly competitive pricing, and it is expected that the international price will be around $6,968 per gallon. Assume when the price was set at $4,072 per gallon, there was a prediction that in 5 years the price would inflate to $9,853 per gallon. Determine the interest adjusted rate for inflation, if the inflation is 11% and the interest is 3% per year real return is expected by the factory.

Note: this is an economics question. *What were the policy responses used to combat the shortage of hand sanitizer, masks and disinfectant products during the covid-19 pandemic? *Explan.

1# Why was Alexander Piscardi not willing to send his ward to local school? Was he right in his decision? Franklin school of technology:

As an energy source, fossil fuels have had an advantage because of their ["low", "high"]  cost and relatively high ["availability", "net energy", "suitability"]  , a measure of available energy after accounting for the energy involved in extraction and production.   This has resulted in approximately ["60", "40", "80", "20"]  percent of the world’s energy currently being provided by fossil fuels.

20. Toiva and Ali were relaxing in a local coffee shop after school. Ali looked at his coffee and said, "Sometimes I think that, by drinking this, I'm hurting others." What do you think he meant?

130.) Fred Durst and Carson Daly are lost in the Amazon wilderness. Other than their evening discussions about Christina Aguilera, they have to find food on which to subsist. The only two edible items they are able to find are bananas and crickets. Due to Carson’s big eyes, he is able to catch 40 crickets in a day if he spends his entire day hunting them down. If he picks bananas all day he can collect 10. Fred is much better at picking bananas. If he spends his entire day picking bananas, he can pick 30. If he spends his entire day hunting down crickets, he can find 60. Both Fred and Carson can choose to produce any linear combination above.   Who is the low-cost producer of bananas?         Fred Durst, because he only has to give up 1/2 Crickets in order to get an additional banana       Fred Durst, because he only has to give up 2 Crickets in order to get an additional banana       Carson Daly, because he only has to give up 1/4 Crickets in order to get an…

CH9: which of the following statements are true about ecological footprint? The Earth has about 4.2 acres of sustainable productive land area per person, but humans consume 7.1 acres worth of resources. Since the 1970s, our economic growth has supported our increasing planetary population with unsustainable methods. Both A and B ONeither A nor B

Explain why we will likely never “run out” of a nonrenewable resource such as oil. Does this also imply that we always be able to extract all the oil we need? Explain.

The impact of some pollutants results from their accumulating stock. Suppose a government policy limits emissions of such a pollutant to a constant 125 units per year. Further suppose these emissions dissipate at a rate of 3 percent per year. What will be the maximum stock of emissions that will accumulate over time? If this level of emissions continued forever, the stock will eventually reach integer.) units. (Enter your response rounded to the nearest

7. We evaluated your request and regret that at this time we are not in a position to grant your wish.

Choose the correct answer: Economic of climate change is reported by: a) EMF b) IPCC

5 Chapter 8 Problems i 3 02:34:09 eBook e You just got closed out of an economics course you need to graduate and need to persuade the department chair to open another section. She tells you that the school will have to pay a part-time instructor $3,000 to teach the course, and that there will be an additional $50 in administrative costs per student to run the course. If tuition is $400 for the course, how many students would you need to sign up for the course to run? Students: Mc Graw Hill Type here to search O ************ 84°F Help Sav

Figure 2-4 50 45 40 25 35 30 28 25 20 15 10 5 V Z 10 20 30 40 50 60 70 80 opak Refer to Figure 2-4 Suppose this economy is producing at point W. Which of the following statements would best explain this situation? a) The economy lacks the resources to produce at a more desirable point. b) The economy's available technology prevents it from producing at a more desirable point. c) There is widespread unemployment in the economy. d) Any of the above statements would be a legitimate explanation for this situation.

discuss how both microeconomic and macroeconomic factors influence the global automobile industry.

Explain question 3 please

How can the storage of fuel supply affect the growth of our economy especially in today’s time where we are experiencing a pandemic?

1) "The world in which we live is complex and to understand it, human beings make use of some or other simplification process. A theory can accordingly be seen as an attempt to simplify things Such an observation may come as a surprise to those who have often heard remarks to the effect that such and such a theory is difficult, or at the least terribly complicated. We should nevertheless remind ourselves that a theory involves an attempt to simplify things-it is the world out there that is the complicated entity. A particular theory (or model) is merely trying to reduce it to manageable proportions, at least as far as understanding our environment is concerned." In economics, the theory is presented in a simple form by making the.…... a) Post hoc assumption b) Fallacy of composition C) Ceteris paribus assumption d) Blinkered approach 2) "If education is provided free of charge to (some or all) students, someone else has to foot the bill. In most cases, this would be the government and…