a. Price discrimination is only possible in a (Click to select)(monopoly,long-run,perfectly competitive,unprofitable) market structure.

Suppose you are advising Five Banners Amusement Park, which is the only such firm in the state. Two types of visitors are interested in the park: middle-class families with young kids, and teens/college students.

b. What is wrong (from the perspective of Five Banners' revenue) with charging all visitors the same high admissions price?

• * People will expect extremely awesome rides, which are expensive to build.

• * Five Banners would have to pay its employees more.

• * Teens and college students would not be able to visit, even though they would have if the price was lower.

• * Five Banners would make less money on food sales.

c. What is wrong (from the perspective of Five Banners' revenue) with charging all visitors the same low admissions price?

• * Five Banners would start to attract competitors.

• * Five Banners will get less revenue than it could have from the families, who are willing and able to pay more.

• * The park will be overwhelmed by visitors, leading to unsafe conditions.

• * Five Banners would have to pay its employees less.

d. If Five Banners engages in price discrimination, the number of people visiting the park will be (Click to select)(the same as, less than, more than) if they charged everyone the same high monopoly price; and will be (Click to select)(the same as, more than, less than) the socially optimal number of visitors that would happen in a perfectly competitive market.

Which of the following is an example of economies of scope?

A) A mountain resort begins running chairlifts for mountain bikers and hikers during the summer. The resort was initially built for skiing during the winter months.

B) Some computer hardware manufacturers lower costs by outsourcing support services to call centers in India.

C) Securicorp can provide security services to all local households at a lower average cost than if two firms provided home security.

D) Walmart can transport goods and services at a lower cost than any of its retail competitors can.

Suppose that an electricity provider would build a power plant at the cost of $50 million. Once the plant is built, it would cost the plant $0.07 per kilowatt hour of electricity that it produces. Over its lifetime, the plant is expected to generate 100 million kilowatt hours. Suppose that the regulators believe that the investors who put up capital to build the plant should be able to recoup its investment plus a 300% return throughout the life of the plant. Calculate the price per kilowatt hour that the regulators should allow the plant operators should charge.

You suspect that townsfolk near Gloomsville are getting cancer because of a new toxic waste dump built in town. So, suspecting this is in the water, you look at cancer rates up to 20 miles downstream from the dump site. Is cancer evenly distributed along those 20 miles? The data to answer this question are in the table above.

I will have to solve this using Excel. Specifically what should I do? What functions could I use? For the question, I have to

1. A null and alternative hypothesis stated, as appropriate and for each hypothesis tested. may involve several hypothesis tests.

2. Choose the most appropriate test. Explain how you have met the assumptions of the test or why the test is robust to violations of the assumptions.

3. State explicitly what test(s) you are using.

4. If you fail to reject the null hypothesis, calculate the power of the test.

Jill graduates from NTC and finds a job in an Eau Claire, Wisconsin accounting firm. Jill had an apartment near campus while in school. In this move she spends the following amounts:

Cost of moving furniture and household goods $800

Moving Mileage 110

Meals $75

Lodging $85

What is Jill's total qualified moving expenses and how did you compute them?

Mary Ann is the wife of Kevin Lomax (an associate of John Milton) and earns a little extra money by making bee inspired accessories. She sells them on Saturday mornings in Central Park to joggers and other passerby’s. Sara charges $5 per accessory (unit) and has unit variable costs (beads, wire rings, etc.) of $2. Her fixed costs consist of small pliers, a glue gun, etc., which cost her $90.

a. Calculate Mary Ann’s break-even units

b. Prepare a profit-volume graph for Mary Ann

c. Prepare a cost-volume-profit graph for Mary Ann

PLEASE SHOW ALL WORK/CALCULATIONS & EXPLAIN HOW YOU CREATED THE GRAPHS IN EXCEL.

1. Mangement is considering two hotel projects. Project A will be in Jamaica with an intial investment of $865,000 and Project B will be in Canada with an initial investment of $750,000

The cost of capital for Project A is 13% and the cost of capital for project B is 15%.
Calculate the following;

1. Calculate the discounted payback period of Project A
   
2. Calculate the discounted payback period of Project B.
   
3. Calculate the net present value for Project A
   
   
4. Calculate the net present value for Project B.

5. Managemet can only accept one project. Which project should management accept? Explain your answer.

I need a proper solution for this question ( well explained and understandable writing)

Charged particles from outer space, called cosmic rays, strike the Earth more frequently near the poles than near the equator. Why?

James, Kinkaid, the owner of the Kinkaid Company was convinced by Douglas Shaw, one of his employees, that a fellow worker, Dick Miller, had been stealing money from the company. During a break in the company's conference room, Kinkaid fired Miller in front of other workers, accused him of stealing from the company, searched through his briefcase over his objections, and finally forcibly escorted him to his office to await the arrival of the police, which he had his assistant summon. Miller was indicted for embezzlement but subsequently was acquitted upon establishing his innocence. What rights, if any, does Miller have against Kinkaid? Please discuss.

2. Sandra Davis was a worker in a New York hotel owned by the Royal Crown International Hotel Co. One day, Henry Lambert, the manager of the hotel support team, gathered all the workers and told them that a great deal of theft had taken place within the hotel. He warned the assembled workers that unless someone confessed or revealed the name of the responsible person, he would start to fire all the workers according to seniority. When no one volunteered the information he was seeking, Lambert fired Sandra Davis, a single parent of three small children. Ms Davis became very upset, began to cry, sustained emotional distress, mental anguish, and loss of wages and earnings.

Ms. Davis sued the Royal Crown International Hotel Co and Henry Lambert alleging that the defendants acted recklessly and outrageously, intending to cause emotional distress and anguish. The defendants argued that damages for emotional distress are not recoverable unless physical injury occurs as a result of the distress. Will Davis be successful on her complaint? Please explain.

3. Fred Banyon, the owner of a rural property, has a place on his land where he piles trash. The pile has been there for three months. Carl, a neighbor of the adjoining property, without Fred's consent or knowledge, threw his trash onto the trash pile. Fred discovered what Carl had done and sued. What tort, if any, has Carl committed? Please explain.

James, Kinkaid, the owner of the Kinkaid Company was convinced by Douglas Shaw, one of his employees, that a fellow worker, Dick Miller, had been stealing money from the company. During a break in the company's conference room, Kinkaid fired Miller in front of other workers, accused him of stealing from the company, searched through his brief case over his objections, and finally forcibly escorted him to his office to await the arrival of the police, which he had his assistant summon. Miller was indicted for embezzlement but subsequently was acquitted upon establishing his innocence. What rights, if any, does Miller have against Kinkaid? Please discuss.

2. Sandra Davis was a worker in a New York hotel owned by the Royal Crown International Hotel Co. One day, Henry Lambert, the manager of the hotel support team, gathered all the workers and told them that a great deal of theft had taken place within the hotel. He warned the assembled workers that unless someone confessed or revealed the name of the responsible person, he would start to fire all the workers according to seniority. When no one volunteered the information he was seeking, Lambert fired Sandra Davis, a single parent of three small children. Ms Davis became very upset, began to cry, sustained emotional distress, mental anguish, and loss of wages and earnings.

Ms. Davis sued the Royal Crown International Hotel Co and Henry Lambert alleging that the defendants acted recklessly and outrageously, intending to cause emotional distress and anguish. The defendants argued that damages for emotional distress are not recoverable unless physical injury occurs as a result of the distress. Will Davis be successful on her complaint? Please explain.

3. Fred Banyon, the owner of a rural property, has a place on his land where he piles trash. The pile has been there for three months. Carl, a neighbor of the adjoining property, without Fred's consent or knowledge, threw his trash onto the trash pile. Fred discovered what Carl had done and sued. What tort, if any, has Carl committed? Please explain.

Use the following information to answer Part (a) and (b)

Charlie, a single taxpayer, has gross income of $115,000.

He has following expenses for 2019:

- Rent for his apartment: $14,400

- Advertising and maintenance expenses for a rental property he owns in the amount of $1,800.

- Moving expenses to change jobs (assume Tyler is not reimbursed for his expenses) :

- Cost to move furniture and home furnishings: $3,600

- House-hunting expenses: $800

- Tyler traveled 200 miles to his new residence in his personal vehicle.

- Groceries and utility expenses: $5,500

- Traditional IRA contributions: $2,500

- Alimony payments made to his ex-wife in the amount of $2,500. The divorce decree was executed on February 14, 2018.

- A property settlement paid to his ex-wife in the amount of $3,000.

Part (a)

What is Charlie's adjusted gross income (AGI) for 2019?

A. $107,700

B. $110,700

C. $108,200

D. $113,200

Part (b)

Which of the following expenses are non-deductible?

A. Rent

B. Moving Expenses

C. Groceries and Utilities

D. Property settlement

E. All of the above

6.2.6