Model of tree growth, support with graph.
(a) Discuss the biological decision rule to harvest the forest. [3 points]
(b) Show the optimal time to harvest from a profit maximization perspec- tive. Is it the same as in a)? Why yes or why not? [10 points]
(c) Discuss how the discount rate will affect the harvest decision. [3 points]

Suppose the followings represent the goods market:

C = C0 + c(Y-T) (Consumption Function)

I = I0 - d.i (Investment Function)

G = T = T0 (Government’s Balanced Budget Condition)

Suppose the followings represent the financial markets:

Md = a - b.i (Money Demand Function)

Ms = M0 (Money Supply Function)

i) Please compare the Money Demand Function represented above with the standard Money Demand function (referred in your book) and discuss about similarities and differences?

ii) Describe the equilibrium in both financial and goods market by solving the system (Goods and Financial Markets) for equilibrium i and Y?

Per the text book, OB experts have proposed 12 mechanisms or levers for changing organizational culture. These levers can be pushed to create a preferred type of culture, or they can be pulled to reduce a particular culture type. Changing culture amounts to pushing and pulling these levers to create a culture profile that is best suited to help an organization achieve its goals.

These mechanisms or levers include:

Formal statements of organizational philosophy, mission, vision, values, and materials used for recruiting, selection, and socialization.

The design of physical space, work environments, and buildings.

Slogans, language, acronyms, and sayings.

Deliberate role modeling, training programs, teaching, and coaching by others.

Explicit rewards, status symbols, and promotion criteria. Stories, legends, and myths about key people and events.

The organizational activities, processes, or outcomes that leaders pay attention to, measure, and control.

Leader reactions to critical incidents and organizational crises.

The rites and rituals used to celebrate important events or achievements.

The workflow and organizational structure.

Organizational systems and procedures.

Organizational goals and the associated criteria used throughout the employee cycle.

In a 1 to 2 page respond to these questions: 1. Which of the 12 mechanisms do you believe is most effective? Why?

2. Describe one or more organizations that are exhibiting one of these 12 mechanisms? Which and how?

3. Show how the 12 mechanisms relate to other things motivation, leadership, etc ?

How did the American West change the landscape and lives for many Americans? What impact did American policy have on the lives of Native Americans? (Please provide examples) How did the railroad industry impact Western life?

A business student is considering opening a business selling ice cream next summer. The student views this as an alternative to taking summer employment with a local firm where he would earn £4,000 during the 3-month summer period. It would cost £2,000 to obtain a license to operate their stand, £1,200 per month to rent the stand with the necessary equipment and £150 per month for insurance. Petrol costs are estimated at £12 per day and are not affected by sales. The ice cream ingredients can be bought for £5.60 per kilo and cones cost £1.80 per dozen. The ice cream cones contain 100 grams of ice cream and would sell for £1.50 each. a) Find the accounting cost function for the proposed business. b) Find the economic cost function for the proposed business. c) Calculate the level of output where the business would make normal profit. a. Chocolate flakes can be bought at £5 for a box of 20, and the ice creams with flakes are sold for £2.20. If 40% of the customers buy these, calculate the effect of this on the output necessary to make normal profit. d) If the student can sell 200 ice creams a day, 40% with flakes, estimate the economic profit he would make. Advise him whether he should enter the business.

Companies come for campus placement where through interview they
try to estimate the candidate’s future marginal revenue product and
after the process decide the salary. After one year’s performance (or
any decided tenure), the candidate is either promoted or sacked. What
economic calculations are taken in account to arrive at the decision?
Explain the answer in detail.

What are some different ways the government can regulate public utilities.

Q1. What are the conditions for a perfectly competitive market? What are the conditions for a monopolistic market? What are the conditions for a monopolistic competitive market? What are the conditions for an oligopolistic market? How would you explain the differences among these market structures?

Q2. Why are unions more effective at raising wages in oligopolistic industries than in competitive industries?

List and discuss the stages in the consumer decision process for new products. Give examples.

Outline the economic arguments for and against the regulatory rules known as “net neutrality”. More specifically, is it possible to argue that consumers will be better off from the removal of net neutrality restrictions on internet service providers? Explain

Which of the following is a FALSE​ statement?

A. General Motors of Canada permanently closing down its Oshawa car plant effective December​ 19, 2019, will decrease aggregate expenditure.

B. The Canadian federal​ government's March​ 18, 2020 fiscal stimulus announcement of 82 billion dollars in response to the​ COVID-19 crisis​ will, ceteris​ paribus, increase aggregate expenditure.

C. The Canadian federal​ government's March​ 18, 2020 fiscal stimulus announcement of 82 billion dollars in response to the​ COVID-19 is an example of an expansionary discretionary fiscal policy.

D. General Motors of Canada permanently closing down its Oshawa car plant effective December​ 19, 2019, only affected​ Oshawa, and not the rest of Ontario and Canada.

E. The Canadian federal​ government's March​ 18, 2020 fiscal stimulus announcement of 82 billion dollars in response to the​ COVID-19 crisis​ will, ceteris​ paribus, increase equilibrium expenditure by more than​ $82 billion.

. Both the federal government and individual colleges typically use needs analysis, which considers available income and assets, to determine eligibility for financial aid. Consider a simplified version of needs analysis in which grant aid is awarded in the following manner: - Line A: Total adjusted gross income as reported on income tax form - Line B: Supplement from assets, equal to 0.2 × assets per year - Expected Family Contribution (EFC):0.35 × [Line A + Line B] - Aid Rule: Grant = max(0,$15,000 − EFC) a. What are the maximum levels of income (assuming zero assets) and assets (assuming zero income) at which an individual could be expected to receive financial aid?

b. Under what circumstances does this aid formula create a disincentive for parents to save?

c. Is this aid policy horizontally equitable? How about vertically equitable? What are the potential efficiency consequences of this policy?