Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Economics Expert

Using optimization theory, analyze the following quotations:

a) "The optimal number of traffic deaths in the United States is zero."

b) "Any pollution is too much pollution."

c) "We cannot pull U.S. troops out of Afghanistan. We have committed so much already."

d) "If Congress cuts out the International Space Station (ISS), we will have wasted all the resources that we have already spent on it. Therefore, weust continue funding hte ISS."

e) "Since JetGreen Airways has experienced a 25 percent increase in its insurance premiums, the airline should increase the number of passengers it serves next quarter in order to spread the increase in premiums over a larger number of tickets."

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91399784

Have any Question?


Related Questions in Business Economics

Suppose oregon proposes indexing the minimum wage to

Suppose Oregon proposes indexing the minimum wage to inflation. Describe the substitution and scale effects you anticipate with this policy? (In your response, assume that the minimum wage is an effective price floor and ...

Provide examples of an example of an inelastic good and an

Provide examples of an example of an inelastic good and an elastic one for your household?

Suppose winstons loud music externalizes a cost onto his

Suppose Winston's loud music externalizes a cost onto his neighbor, Chloe. Suppose Winston and Chloe decide to solve this problem using the Coase theorem. If they are successful, what is a possible result of the executio ...

In what ways is local government administration different

In what ways is local government administration different from State and Federal government administration?

Cowland copr plans to issue equity to raise 493

COWLAND COPR plans to issue equity to raise $49.3 million to finance a new investment. After making the? investment, COWLAND COPR expects to earn free cash flows of $10.4 million each year.? COWLAND COPR's only asset is ...

Why is the us banking system known as a dual banking system

Why is the US banking system known as a dual banking system? What historical developments led to that structure? How is the structure justified today?

A child protective service cps worker is calculating the

A child protective service (CPS) worker is calculating the average for the number of children per family in her caseload (N=30). The mean was 95 and the variance was 25. What was the standard deviation?

Assume that the number of customers who arrive at a water

Assume that the number of customers who arrive at a water ice stand follows the Poisson distribution with an average rate of 6.4 per 30 minutes. What is the probability that more than one customer will arrive during the ...

Letnbspxnbspbe a random variable that represents the

Let  x  be a random variable that represents the weights in kilograms (kg) of healthy adult female deer (does) in December in a national park. Then  x  has a distribution that is approximately normal with mean  μ  = 67.0 ...

The following chi-square example of three age groups for

The following chi-square example of three age groups for men and women.: Age Group                      0-18         19-35        Over 35 Men             18              30              12 Women       12              20  ...

  • 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