The Ivanpah Solar Electric Generating System is the largest
solar thermal power- tower facility in the world. It collects 1321
MW of solar thermal energy to heat special collectors to 566 °C.
The thermal energy is then used to make steam to operate an
electric generator. (a) What is the maximum efficiency of the power
plant, taking the cold reservoir to be the surrounding environment
at 12 °C. (b) How much mechanical work (electricity) could the
facility generate if it...
And then an advantage and disadvantage of each approach. GNP and
NI in the United States
Next though is how does the US government HELP creat GNP and
NI.
And then how can the US government HURT GDP and NI.
As such how do YOU THINK we can define the governmental role
most suitable for creating and sustaining a good, health, GDP and
NI.
Identify whether each attribute in the following table is an
advantage or disadvantage of sharing a currency across country
boundaries.
Attribute
Advantage
Disadvantage
Price stability
Limited scope for fiscal policy
Lower transaction costs
Speculative attacks during currency transition
Protection from monetary disturbances and speculation
Which of the following are reasons the European Union is
considered currency area? Check all that apply.
Labor immobility
Limited use of fiscal policy
Low economic efficiency gains
No legal or cultural barriers to labor mobility...
8.
a. What are the three types of firms? b. Explain the advantage
and disadvantage of each type of firm.
c. Which type of firm produces the most revenue?
9.
a. What are implicit costs?
b. Do implicit cost contribute to the opportunity cost of
production? Explain
c. Should an implicit cost be counted as cost in determining
profit? Explain
d. Give two examples of implicit costs