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22.) What percentage of France's electricity is generated by nuclear energy?
a. 25 percent
b. 50 percent
c. 75 percent
A market is a place where the sellers as well as the buyers come and interact with each other regarding the goods and services produced and demanded and the agree to trade them between them at a mutually agreed price level in the economy. The sellers will sell the product and the buyers will buy the products from their counterparts. When the two groups are from the same economy, then the trade is domestic and when it is from different economies, then it becomes international.
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- 1. Is scarcity of nonrenewable resources a major problem? What kinds of physical and economic measures are relevant to understanding this issue, and in what ways can some of the measures be misleading? What do you think are the main issues relating to nonrenewable use? 2. Do you expect mineral prices to continue to increase, as shown in Figure 11.4? Which factors do you think will determine future mineral prices?What do economists mean when they refer to improvements in technology?1. a) What resources are important to Nova Scotia? 1. b) Why are these resources so important? Provide at least one piece of information about each of the resources found in Nova Scotia. 1. c) In what ways could the community conserve or sustainably manage these resources?
- 13. Which ones correct24Q) In the table which of following is true. ? Explain it early and correctly.1. a) What resources are important to Manitoba? 1. b) Why are these resources so important? Provide at least one piece of information about each of the resources found in Manitoba. 1. c) In what ways could the community conserve or sustainably manage these resources?
- 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%3. Explain the reality of loss-making beginning and uncertainties in taking ECE ideas to market.Briefly explain different means of creating and capturing economic value out of technologypossibilities2. You are preparing to market this year's calf crop and want to decide if you would like to precondition your calves this year. If you decided to sell your calves at weaning, you would expect to market them at approximately 425 at price of $1.80 per pound. Alternatively, you have the option to precondition your calves for 45 days in a dry lot, castrate your bulls, and provide a round of vaccinations. You expect that the additional 45 days of feeding will get your calves up to a market weight of 550 pounds. Under normal circumstances, these calves would bring $1.65 per pound at the sale barn, but you also expect that you can charge a 6% preconditioning premium at the time of sale because you are marketing them directly. a. What is the final sale price for the 550 pound preconditioned calves? b. What is the value of gain for the preconditioned calves? c. If your cost of gain over the 45-day preconditioning period is $1.45 what would be your net profit on these calves?
- 1) Your firm must decide whether or not to introduce a new product. If you introduce the new product, your rival will have to decide whether or not to clone it. If you don't introduce the new product, you and your rival will earn $1million each. If you introduce the new product and your rival clones it, you will lose $5million and your rival will gain $20 million (you have spent a lot on R&D and your rival will not have to spend any R&D in order to clone it). If you introduce the new product and your rival does not clone, you will make $100million and your rival will make $0. a) Draw the extensive form (the tree diagram) of this game, carefully labeling each node and outcomes associated with each action. b) Should you introduce the new product? c) How would your answer change if your rival has "promised" not to clone your product? d) What would you do if patent law prevented your rival from cloning your product?17) If Qs = -50 + 10p, and Qd = 400 - 20p, what is the equilibrium quantity?A) 25B) 146.6C) 360D) 120E) 100.5.- What does the economic evaluation consist of?