If we say a good is “perfectly elastic”, then:

Despite renewable energies growing at more than 20% per year over the past 5 years, why aren’t there more of these technologies used for the generation of electricity according to the website?

Please explain the following economic terms: 1) Resource pessimism2) Resource Curse

 Cost function for a hypothetical firm is TC ($) = 250 + 5Q + 0.5Q2 Please calculate the following cost items for producing 10 units of product: 1) Fixed Costs 2) Variable Costs 3) Total Costs 4) Average Total Cost 5) Marginal Cost (assuming that the firm is already producing 10 units, what is cost of producing one more unit)  

The duration of a bond normally increases with an increase in: I. Term to maturity II. Yield to maturity III. Coupon rate

A company has issued bonds that pay annually with the following characteristics:   Coupon Yield to Maturity Maturity Duration 10% 10% 10 years 7.76 years   If the bond’s coupon was smaller than 10%, the modified duration would be ________ compared to the original modified duration

All of the following are involved in the process of photosynthesis except:

True or False: The Calvin Cycle is part of photosynthesis.

Short Answer Section (2 points each): Five questions are listed below. For full credit, you must answer three of the questions. If you choose to answer more than three, you will be given bonus points for each correct answer. What is the chemical reaction for cellular respiration? Briefly describe the structure of a photosystem. What is the chemical reaction for photosynthesis? Briefly describe the process of chemical cycling throughout an ecosystem. What are the three main steps of cellular respiration? Which step (if any) uses oxygen?

Which of the following processes involves converting energy from sunlight into chemical energy, storing it in sugars and other organic molecules?