Demand for water from the Sacramento River Basin (SRB) is given by inverse demand curve P = 5000 – 0.001Q where Q is in acre-feet of water. (An acre-foot of water is enough water to cover one acre of land, one foot deep in water ~ 300,000 gallons) The marginal cost of pumping from the SRB is $200/acre-foot up until the maximum amount that can be pumped. (a) Initially, we have several wet years such that as much water can be taken from the Sacramento Rive r as desired. If the government want the welfare-maximizing amount of water to be drawn from the river, what price should it set and how much will be pumped?

Which stroke of the four-stroke cycle is shown in the above figure? a. power b. compression c. exhaust d. intake

Sean has placed a job ad and is now interviewing potential employees. which of the following questions is he legally allowed to ask during the interview? do you have any disabilities that will require special accommodation? how many children do you have? where did you earn your degree and how has it prepared you for this position? is this your maiden name that you have listed on the job application?

The price of trade suppose that portugal and sweden both produce rye and wine. portugal's opportunity cost of producing a bottle of wine is 4 bushels of rye while sweden's opportunity cost of producing a bottle of wine is 10 bushels of rye. by comparing the opportunity cost of producing wine in the two countries, you can tell thatportugal/sweden has a comparative advantage in the production of wine.andportugal/sweden has a comparative advantage in the production of rye. suppose that portugal and sweden consider trading wine and rye with each other. portugal can gain from specialization and trade as long as it receives more rye for each bottle of wine it exports to sweden. similarly, sweden can gain from trade as long as it receives more bottles of wine for each bushel of rye it exports to portugal. based on your answer to the last question, which of the following prices of trade (that is, price of wine in terms of rye) would allow both sweden and portugal to gain from trade? a. 1 bushels of rye per bottle of wineb. 8 bushels of rye per bottle of winec. 9 bushels of rye per bottle of wined. 3 bushels of rye per bottle of wine