The ogallala aquifer is a large underground pool of fresh water under several western states in the united states. any farmer with land above the aquifer can at present pump water out of it. we might expect thata over time, the aquifer is likely to be overused. b each farmer has a sufficient incentive to conserve the water. c state governments have an incentive to insure that their farmers do not overuse the water. d resources would be used more efficiently if the government paid for the pumps farmers use to get the water.

Intronix uses copy editors, computer graphics specialists, and java programmers to produce ads for magazines and the internet. the average new ad for magazines typically requires 180 hours of a copy editor's time and 135 hours of a computer graphics specialist's time, whereas ads produced for the internet require 35 hours of copy editor time, 195 hours of computer graphics time, and 60 hours of a java programmer's time. lassie food, a dog food manufacturer, has hired intronix to produce ads in the next four week. although currently it considers magazine ads 3 times more valuable than internet ads, it still wishes to have at least 2 of each produced within the next four weeks. intronix has assigned up to 3 copy editors, 4 computer graphics specialists, and 1 java programmer, each committed to work up to 70 hours per week on the project. how many of each type of ad should be produced to maximize the overall value to lassie foods

An economic theory that calls for workers to take control of factories is .

If the reserve requirement is 10 percent, what amount of excess reserves does a bank acquire when a business deposits a $500 check drawn on another bank?