• Explain how someone’s second moment of truth can become another consumer’s ZMOT. Use an example.

Microeconomics question:

1a. Suppose Constance Wu is choosing different amounts of Californian sourdough bread and Portuguese codfish to consume. Her income is N. The price of one Californian sourdough bread is Pc and the price of one Portuguese codfish is Pp. Draw and label a graph showing her budget line and her standard indifference curves. Indicate in your graph the optimal amount of Californian sourdough bread and the optimal amount of Portuguese codfish that she should consumer in order to maximize her total utility.   At the optimal consumption point, what is the relationship between the slope of the budget line and the slope of the indifference curve?

1b. Suppose Constance Wu’s income increases, and the price of a Californian sourdough bread stays the same and the price of a Portuguese codfish stays the same, show in a separate graph how her optimal consumption of the two goods changes.

The Cradle to Cradle (C2C) concept is a system of thinking based on the belief that industry can be transformed into a sustaining enterprise—one that creates economic, ecological, and social value— through thoughtful and intentional design that mirrors the safe, regenerative productivity of nature and eliminates the concept of waste.

Write a 300-word essay discussing whether you think this concept has business value.  

following criteria:

• will demonstrate understanding of the Cradle to Cradle concept along with appropriate and accurate use of terminology from the book by Michael Braungart and William McDonough.
• will demonstrate critical thinking by using logic, evidence (at least one example) and well-reasoned argument.  
• The essay will be written in appropriate, standard written English.

1. Consider the market for surgical face masks in Albuquerque which is currently in equilibrium at a price of $3.00 per mask and a quantity of 10,000 masks per week traded.

• Draw a supply and demand curve showing this equilibrium.
• For each of the following cases, explain (verbally and using your Supply and Demand curve) what would happen to the market:
  • The city is gripped by a fear of COVID-19, the Corona Virus.
  • The Centers for Disease Control issue a public notice that surgical masks offer no protection against COVID-19.
  • The University of New Mexico cancels class for two weeks and urges students to return to their homes.
  • The Federal Government offers subsidies to manufacturers and distributers to increase the production and distribution of surgical masks.
  • The City of Albuquerque imposes a price cap of $5 each on surgical masks.
  • Major local retailers impose a limit of three masks per purchase.
  • An informal secondary market for surgical masks develops in order to get around the price and quantity limitations imposed by retailers and government agencies.
  • The City of Albuquerque issues an order cancelling all public gatherings of more than 1,000 people for the month of March.
  • The Governor of New Mexico Issues a price-gouging measure requiring retailers to seek approval for daily price variation of more than 5%.

Given

A venture capital company plans to invest in one of two start-up engineering firms. Investments like this are risky by nature, but the company thinks the risk is about the same for both firms. So, the company will pick the firm that would produce the largest rate of return on their investment.

With either start-up firm, the company would invest $2 million in capital (today). The first engineering firm would agree to repay the company with a single lump sum of $8 million after three years. The second engineering firm would agree to repay the company with a series of monthly payments; after a one year period with no payments, the company would receive $150,000 at the end of each month during the second year, and $250,000 at the each of each month during the third year.

Find

1. Draw a cash-flow diagram of the first start-up firm investment.

2. Determine the monthly and annual rate of return (in %) for the first start-up firm investment.

3. Draw a cash-flow diagram of the second start-up firm investment.

4. Determine the monthly and annual rate of return (in %) for the second start-up firm investment.

5. Determine which investment is better for the venture capital company and why.

2. Which of the following is an example of barter?
A. A homeowner gives an exterminator a check for $50 in exchange for extermination services.
B. A barber gives a plumber a haircut in exchange for the plumber fixing the barber’s leaky faucet.
A. You sell your old lawnmower at a yard sale and the buyer gives you $40 in payment for it.
D. All of the above are examples of barter.
E. None of them are examples of barter.

3. Which of the following statements is (are) correct?
(x) If you mark the prices of shirts at your clothing store in dollars you are using money as a unit of account
(y) When you pay for your food at the restaurant with currency you are utilizing the medium of exchange function of money.
(z) Any item that people can use to transfer purchasing power from the present to the future is called a store of value
A. (x), (y), and (z)
B. (x) and (y) only
C. (x) and (z) only
D. (y) and (z) only
E. (y) only

4. Which of the following best illustrates the concept of a store of value?
A. You shop at Dollar General because you think it is a store of value.
B. You sell items on eBay, and your prices are stated in terms of dollars.
C. You keep a very large jar of quarters, dimes, nickels and pennies in your bedroom closet.
D. You are a precious-metals dealer, and you are always aware of how many ounces of platinum trade for an ounce of gold.
E. None of the above is correct because none of them are a store of value.

Define aggregate demand and expenditures in your own words. How are aggregate demand and aggregate expenditures related? minimum of 250 words

What is the primary function of any government...any time, any place? (Give only the one that is the most important!)

Consider a policy proposal to impose more stringent controls on automobile tailpipe exhausts. What are the explicit and implicit costs of this proposal? Support your discussion with specific examples of each.  Of the two approaches to cost estimation, which in your view likely produces the most reliable estimates? Why?

We often hear of inflation characterized as a bad thing, but Meyer describes both winners and losers from inflation. Give an example of one way in which you would win from unexpected inflation, and an example of one way in which you would lose from unexpected inflation.

At the end of Book I, chapter 4 Smith introduces the theory of value through the "diamond-water paradox." Why does Smith see the contrast between the exchange value of diamonds and water as a paradox? How does he resolve it? How about Marx? Jevons or Menger?

Examine the case of Maher Arar. Where the actions of the federal government in this instance justified? Did they sacrifice the rights of one for the good of many? If so, what challenges does this present to liberal societies in the 21st Century?

1) Please state which function of money is being used by each of the following activities: Unit of Account (Standard of Value, Medium of Exchange or Store of Value.  Please explain the reasoning behind each answer.

(a) Brenda puts $600 into her cookie jar for a rainy day.

(b) Brenda records the money she has spent on gasoline this year.   

(c) Brenda buys a $100 Savings Bond.

(d) Brenda uses $2,400 to pay her rent.

2)

(a) Please provide a description of Bank Runs.

(b) Explain the main cause of Bank Runs.

(c) Why do you think we no longer see many Bank Runs today.

Question 1 (1 point)

You are likely to buy a larger share of Apple stock in all of the cases below, EXCEPT if:

Question 1 options:

Question 2 (1 point)

If we sort the following assets starting with the most liquid asset, we have:

Question 2 options:

Question 3 (1 point)

Liquidity is:

Question 3 options:

Question 4 (1 point)

The Federal Reserve announces that it wants to increase interest rates at a faster pace than it said previously. In this case, people want to:

Question 4 options:

Question 5 (1 point)

New data come in showing an increase in the inflation rate. You worry that inflation over the next year will be much higher than you thought previously.

Question 5 options:

Question 6 (1 point)

The bond demand curve will shift to the left in all cases below, EXCEPT when:

Question 6 options:

Question 7 (1 point)

The supply curve for bonds will shift out in all cases below, EXCEPT when:

Question 7 options:

Question 8 (1 point)

If bond demand increases,

Question 8 options:

Question 9 (1 point)

You analyze the bond market. One day you observe that bond prices go down while bond market yield increases. The reason could be that:

Question 9 options:

Question 10 (1 point)

Assume that the Fed announces the economy is so strong, they will increase interest rates more times in the coming year than previously announced. This means that:

Question 10 options:

Question 11 (1 point)

A government budget deficit will lead to an ______ in the ______ for/of bonds. This will lead to a(n) ________ in interest rates.

Question 11 options:

1. What functions would the website and smartphone app of the information system need for food delivery and business operation? Provide necessary function names and their specifications. 2. What technical (hardware and software) and non-technical (human and material) resources would need to run the food delivery business smoothly?