A university spent $1.6 million to install solar panels atop a parking garage. These panels will have a capacity of 700 kilowatts (kW) and have a life expectancy of 20 years. Suppose that the discount rate is 20%, that electricity can be purchased at $0.30 per kilowatt-hour (kWh), and that the marginal cost of electricity production using the solar panels is zero. Hint: It may be easier to think of the present value of operating the solar panels for 1 hour per year first. Approximately how many hours per year will the solar panels need to operate to enable this project to break even? 1,564.62   2,503.39   625.85     If the solar panels can operate only for 1,408 hours a year at maximum, the projectwould   break even.

Q: The market for sugar cane is perfectly competitive. A typical supplier has a fixed cos FC = 1200, a…

A: Perfectly competitive market is the form of market where large numbers of seller and buyers exit and…

Q: Need help with this. Picture 2 empty spots possible answers, You can choose only 1: Consider the…

A: When the price of sedans increased from $15k to $20k, it will lead to leftward movement on the…

Q: 1.) Ana Bautista expects to receive P50,000 in 6 years. How much is that money worth now considering…

A: Disclaimer: “Since you have asked multiple questions, we will solve the first question for you. If…

Q: Refer to the production possibilities schedule below, which shows a hypothetical society's…

A: A production possibility frontier (PPF) shows the maximum possible output combinations of two goods…

Q: Consider the following supply and demand functions 9D = 14 - p 95 = -6 + 3p Assuming the market is…

A: When there is no market intervention, the equilibrium price and the equilibrium quantity will be…

Q: How is labor calculated? It is Common inputs are labor hours, capital, and natural resources, while…

A: Labor The totality of those who receive wages. For instance, one talks of "labor unions" in this…

Q: When the local grocery store puts cereal on sale, reducing its price from $4.40 per item to $3.40…

A:

Q: Explain market structure differences at coca cola

A: Numerous companies compete in the soft drink market, notably Coca-Cola. One of the biggest…

Q: a. Assume that the price elasticity of bottled water is -0.90. A distributor sells 24 x 16 oz cases…

A: a) Elasticity is the percentage change in the quantity demanded of the good when there is percentage…

Q: 5

A: We know that Foreign Direct Investment is akin to the promoter's investment, where the investor…

Q: in the long run, representative firms in monopolistically competitive markets will just break even…

A: In case of Monopolistically competitive market there are large number of firms which produce goods…

Q: Consider two product designers that compete in terms of where to place their product in the product…

A: A location game is a simultaneous game in which players move on a single straight line between 2…

Q: To demonstrate how a mixed economy differs from both a planned economy and a free-market enterprise…

A: An economy is a region of the creation, conveyance and exchange, as well as utilization of labor and…

Q: It has been noted that both unemployment and inflation are rising at the same time. A. According to…

A: A person is said to be unemployed if they are actively looking for work and are thought to be…

Q: A company makes a product with a selling price of $20 per unit and variable costs of $ 8 per unit.…

A: Answer to the question is as follows:

Q: Investment in a crane (äl) is expected to produce profit from its rental of $15,000 the first year…

A:

Q: An equipment has a maintenance cost of P20,000 a year for two years, increased by P40,000 at the end…

A: Maintenance Cost1 = 20,000 for 2 years Maintenance Cost2 = at end of 4th Year = 40,000 Maintenance…

Q: Suppose that when the average family income falls from $40,000 per year to $30,000 per year, the…

A: Ans. The Income elasticity of demand measures the responsiveness of change in demand for a good with…

Q: New York Giants star quarterback Eli Manning can sell 5 times more Giants memorabilia than any other…

A: Given,  New York Star Quarterback Eli Manning sells 5 times more memorabilia than any other team…

Q: = Consider a consumer with expenditure function e(p, u) consumer has wealth 4. Initially, prices are…

A: We have:  The expenditure function: e = P2u - P22P1  -- (**) Solving this for u , we get: => u =…

Q: Bryan is evaluating the pros and cons of taking economics virtually or in person. If he takes…

A: Opportunity cost can be defined as the potential benefits that is given up by an individual or a…

Q: Answer correctly and explain your answer. Typed answer only, I ll rate accordingly with multiple…

A: Demand Both consumers and companies are quite familiar with the idea of demand because it makes…

Q: Stilton, and Camembert are different types of cheese. A consultant estimates the following market…

A: Given information: QD = 450 - 7P + 10Ps - 15Pc -10Pw + 0.01I QS = 300 + 3P Where, QD is the quantity…

Q: The price/demand function of a company is p=42-0.001D and the cost function is 30D+1200. Determine…

A: Given Information: Demand function; p=42−0.001D Cost function: TC=30D+1200

Q: Increasing demand from China has made New Zealand the world's biggest exporter of dairy products .…

A: Economies of scale occur when the price per unit drops as production volume rises. In other words,…

Q: Answers A-E A 20 years. B 36 years. C 48 years. D 50 years. E 72 years.

A: GDP refers to the sum total of the market value of final goods and services produced in a country…

Q: Consider an economy that produces and consumes hot dogs and hamburgers. In the following table are…

A: The GDP price deflator, otherwise called the GDP deflator or the implicit price deflator, gauges the…

Q: The idea behind comparative advantage reflects the possibility that one party: O may be able to…

A: There are two concepts in international economics, one is absolute advantage and the other is…

Q: #7

A: Non-price factors cause a change in supply whereas quantity supplied is affected by changes in…

Q: 480 + 0.5YD I = 110 T = 70 G = 250 a. Calculate the private savings, public savings, and…

A: GDP (Gross domestic product) is a financial proportion of the market worth of the multitude of…

Q: tion 4 There was a manufacturing productivity on the Nash production line which was about 349 units…

A: Here, the information about manufacturing productivity in 2020 and 2021 is given on a Nash…

Q: Question 4 A truck company purchased a used truck for $12,000. The company paid $5,000 from its…

A:

Q: What is the correct interpretation of elasticty value of 0.5 for Y with respect to X? Select one:…

A: Elasticity measures the responsiveness of a dependent variable with respect to a change in another…

Q: On her recent birthday, April 22, 2001, Nicole was given by her mother a certain sum of money as…

A: Engineering economics entails a methodical analysis of the financial advantages of suggested…

Q: Problem 4. A and B are both finite sets, and |A| = |B|. Prove that there exists a bijective mapping…

A: Answer..

Q: Below table shows the production possibilities for the country of Emilon: Rice Beef A 30 B 30 27 с…

A: Using all of its resources, the country could either produce 84 units of rice and no beef, or 30…

Q: Product X currently sells for $12 per unit. The variable costs is $4 per unit and 10,000 units are…

A: Meaning of Cost: The term cost refers to the situation under which a firm occurs various expenses…

Q: Player 1 can stay at home or fly to New York, in which case Player 2 can meet Player 1, who can then…

A: Given,  Two Players : Player 1 and Player 2Player 1 has four strategies : Stay Home, Fly to New…

Q: Price Elasticity of Demand, Midpoint Formula: E = percentage change in quantity demanded ÷…

A: Introduction Price elasticity of demand expresses the response of relative change in quantity…

Q: A firm has found from past experience that its profit in terms of number of units x produced, is…

A: Given Profit function of the firm: TP=-x33+729x+2700                ..... (1) We know that the first…

Q: Suppose the state of New York imposes a one dollar per pack tax on cigarettes, which increases their…

A:

Q: The poinsettia is a wildflower native to Mexico. It was almost unknown in the U.S. until the Ecke…

A: This scenario shows a shift from Monopoly's one seller to several sellers. Price changes are known…

Q: 3.A certain good has its average revunue curve as, AR = 42 - 11Q and supply curve as, P= 7+ 12Q.…

A:

Q: (a) If the price of a good increase from $3.50 to $4.25, leading to a fall in quantity demanded from…

A: The quantity sought for a good is measured according to its price elasticity of demand. For…

Q: Year.      Bank.            Deposits 2018      STANBIC.      6,205,018  2019.       Stanbic.…

A: As per the given information, the total firms are 5 as there are Absa. are 2 times given  Firms are…

Q: while this topic may seem insensitive given the recent events in Uvalde (and others), in economics…

A: Production Possibility Curve refers to the curve that represents the maximum bundle of two goods…

Q: ellPeak produces shelving units. The variable cost of each shelving unit comprises of direct…

A: Variable Cost Direct Material = 30 each shelving Direct labor = 7 each shelving Packaging = 7 each…

Q: How do you find the population in the chart?

A: Statistical data has been provided in the question representing the various years and population in…

Q: Dependent Variable: INTEREST Method: Least Squares Date: 08/08/20 Time: 17:38 Sample: 2010M01…

A: If we have a particular hypothesis about the population, but we assumed the false null hypothesis.…

Q: Use a supply and demand graph to show the impact of the following on the equilibrium price and…

A: Equilibrium quantity demanded of a good is the good that the market obtains when the supply and…