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Take the case in which all individuals are risk averse, so that marginal costs slope down. In that case, why might it be optimal (socially efficient) for insurance take up to be less than 100%?
Computer Engineering, Engineering
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At a certain temperature, 0.3811 mol of N2 and 1.721 mol of H2 are placed in a 3.00-L container. N 2 (g)+3H 2 (g) ----->2NH 3 (g) At equilibrium, .1601 mol of N2 is present. Calculate the equilibrium constant, Kc.
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One of the 5 halogens (which are diatomic) has the fastest root mean square velocity at STP. Calculate this velocity in meters per second.
Doolittle Co. is expected to pay a dividend of $2.3 next year. Doolittle is expected to pay 20% of its earnings as dividends and will have an ROE of 9% until the fourth year. After that, its ROE is expected to decrease t ...
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