Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Microeconomics Expert

Nicole and Amy share an apartment and work at Pure H2O Engineering, and they have decided to drink more water each day. The recommended amount is eight 8-ounce glasses, or 64 ounces, per day. This is a total of one gallon per day for the two of them. Using this 1 gallon (or 3.78 liters equivalent) basis for three possible sources of drinking water, determine the monthly cost and present worth value for one year of use. For each source, the average cost and amount of source water estimated to be used to get a gallon of drinking water is tabulated. Let i 6% per year com- pounded monthly and assume 30 days per month.

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M91720115

Have any Question?


Related Questions in Microeconomics

Question consider two identical countries a and b in our

Question: Consider two identical countries, a and b, in our standard OLG model. In each country, the population of every generation is 200 and each young person wants money balances worth 50 goods. Assume that the money ...

Question there are a handful of employee-owned firms in the

Question: There are a handful of employee-owned firms in the United States. In them, committees of workers make decisions that professional managers would normally make (e.g., which markets to enter, how to price product ...

Question how can governments identify good candidates for

Question: How can governments identify good candidates for infant industry protection? Can you suggest some key characteristics of good candidates? Why are industries like computers not good candidates for infant industr ...

Question for linear demand and constant marginal cost

Question: For linear demand and constant marginal cost, explain in commonsense terms why the deadweight loss of monopoly is greater the flatter (more elastic) the demand curve. The response must be typed, single spaced, ...

Question based on your reading of the first two chapters of

Question: Based on your reading of the first two chapters of the text, focus in on one of the main concepts covered (e.g., scarcity, ceterus pariubus, association vs. causation, opportunity cost, marginal analysis, etc.) ...

Question your executive team has asked you to be a mentor

Question: Your executive team has asked you to be a mentor for a new MBA graduate who was assigned to accompany you on your next trip to Asia. As you begin your discussion with the new graduate, you sense that there are ...

Question abc company pays members of its sales force

Question: ABC Company pays members of its sales force commissions based on their dollar volumes, but XYZ Company pays its salespeople fixed monthly salaries. What characteristics of the company, its market, or the produc ...

Question 1 how does monetary policy affect the share

Question: 1. How does monetary policy affect the share market? 2. How could the existence of unemployment benefits or other transfer programs reduce the severity of an economic contraction? The response must be typed, si ...

Quesiton suppose there are two individuals and two goods

Quesiton: Suppose there are two individuals and two goods. The initial endowments are ?1 = (1, 0) and ?2 = (1, 1). Preferences are given by u1(x, y) = x + y and u2(x, y) = y (a) Prove that in equilibrium-if it ever exist ...

Question suppose you are in charge of a public-health

Question: Suppose you are in charge of a public-health campaign to improve prenatal development in the United States. Due to funding constraints you can only focus on one factor. What factor would be the focus of your ca ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As