You'd like to estimate the proportion of the 12,885 undergraduate students at a university who are full-ttime students. You poll a random sample of 275 students, of whom 265 are full-time. Unknown to you the proportion of all undergraduate students who are full-time students is 0.953. Let X denote a random variable for which x=0 denotes the part-time students and x=1 denotes full-time students. Complete parts a through c below.

This is one question since you have to know answers accumulatively.

The University of the Pacific Northwest increases tuition cost from $12,700 to $13,335 and finds enrollment has drop by 3%. At the same time the University of the Pacific Northwest increased tuition, Portland Upstate a university located 75 miles to the east found that their enrollment increased from 5,652 to 7,072 students. (for full credit show your calculations,

a) Calculate the price elasticity of demand for University of the Pacific Northwest _______________

b) The University of the Pacific Northwest will find total revenue has increased or decreased ____________

c) Calculate the cross price elasticity for the increase in tuition at the University of the Pacific and the increase in enrollment at Portland Upstate ___________

d) Are the two Universities substitutes or complements ____________

Scenario Mr. Mat lives in Barbados and is desirous of starting his own business from inheritances that his parents left him. He approached you for advice on the best type of business to register. Mr. Mat said he would love to gain benefits from any tax relief that is available that the government has to offer.

1. Would it be more beneficial to start a Company or an Individual Trading Business. In your answer you should outline why setting up either a company, or a trading as business is more advantageous over the other.

You are to cover matters like:

a. Tax rates

b. Available tax reliefs and or tax credits

c. Ease of operations of a company, as well as ease of operations of an individual trading business

2.  it is more beneficial to operate as a company or as a sole trader.

37. Suppose there is a competitive market for e-bikes that is in the long-run. If firms in the
e-bike market are not identical, then an increase in cost will
A) shift marginal cost to the right.
B) push the most inefficient firms out of the market.
C) push the most efficient firms out of the market.
D) There is not enough information to answer.
38. Suppose the company E-bikes R US is the sole supplier of e-bikes and produces 100
e-bikes. E-Bikes R US faces MC = 15 and MR = 17. If E-bikes R US produces 101 e-bikes,
then MC = 16 and MR = 15. To maximize profits, E-Bikes R US
A) should produce 100 units.
B) should produce 101 units.
C) The firm cannot maximize profits.
D) The firm is not a monopoly.
39. Suppose the company E-bikes R US is the sole supplier of e-bikes and faces the following
inverse demand: p = 100 - 2Q. Profit maximization
A) is achieved when 25 units are produced.
B) is achieved by setting price equal to 25.
C) is achieved only by shutting down in the short run.
D) cannot be determined solely from the information provided.
40. Suppose the company E-bikes R US is the sole supplier of e-bikes. The more elastic the
demand curve faced by E-bikes R US, the monopolist
A) will have a larger Lerner Index.
B) will face a lower marginal cost.
C) will earn more profit.
D) will lose more sales as it raises its price.
41. Suppose the company E-bikes R US is the sole supplier of e-bikes. As other e-bike firms
enter the market, the market power of E-bikes R US
A) is unaffected.
B) declines.
C) increases.
D) increases according to the Lerner Index but decreases according to the price/marginal cost
ratio.
42. Suppose the company E-bikes R US is the sole supplier of e-bikes and faces the following
inverse demand function: p = 100 - 2Q, and total cost is given by TC = 16q + 2. The
deadweight loss from E-bikes R US equals
A) $21.
B) $441.
C) $882.
D) $1,764.

1.    One of the most remarkable associations in macroeconomics relates GDP growth to unemployment or the so-called Okun’s Law (see p.293-294 in Burda&Wyplosz textbook). This empirical regularity describes inverse relationship between the change in unemployment and the change in GDP growth. Resulting negative coefficient has been repeatedly confirmed for different countries and different periods. Your task is to:

a)    Propose a modified version about how the GDP is related to the labour market. Specifically, make a formal/theoretical statement (similar to the textbook, so read the corresponding section) on how the employment rate is related to the output growth, write it down and then check the relationship with data (Finland).

b)    Find the employment rate time-series (for people aged 15-74) and the real GDP growth (all for Finland only) and retrieve a set of 40 most recent quarterly observations of both variables. Arrange the data and plot the relationship on a graph. What is the coefficient between the variables, so you need to add the trend-line relationship between the variables?

c)    Make a conclusion about how the model (Okun’s relationship) fits the Finnish data.

Women from some cultures may profit greatly from emphasizing their pain during childbirth. A labor and delivery nurse reported that the most difficult patient she ever attended was Robabeh Farag, an Iranian woman, who yelled and screamed for the entire duration of her labor. After she delivered their child, her husband presented her with a three-karat diamond ring. When her nurse commented on the expensive gift, she responded dramatically, "Of course. He made me suffer so much!" Iranian custom is to compensate a woman for her suffering during childbirth by giving her gifts. The greater the suffering, the more expensive the gifts she will receive, especially if she delivers a boy. Her cries indicate how much she is suffering. A young Iranian doctor recently told me that when his wife has a baby, he will present her with a diamond ring or a watch. American nurses value cooperation; a cooperative patient is one who is stoic and follows directions. Uncooperative patients, like Robabeh Farag, are often avoided. How can hospital personnel deal with the variety of expressions of women's pain during labor and delivery?

Source:

Galanti, Geri-Ann. Caring for Patients from Different Cultures, Chapter 9, Page 152 (4). Philadelphia, US: University of Pennsylvania Press, 2013.

*****THIS IS FOR A MULTICULTURALISM AND HEALTH CLASS***** PLEASE RESPOND WITH A 300-500 WORDS MAX THANK YOU :)

What is your culture regarding the pain of child delivery?

If you are not an American person, how do you compare the approach of your county to this issue with the behaves and beliefs of the Americans?

How do you evaluate benefiting from the pain of baby delivery? Can be labeled this case as a right or wrong cultural behavior?

Which of the following programs would provide a Pareto improvement?

A.) a new university supported by a proportional tax paid by everyone

B.) a lung cancer treatment facility financed by cigarette taxes.

C.) A new (and badly needed) national defense system funded by any form of taxes paid by all US residents.

D.) A Federally funded water project in California.

Please provide an answer and an explanation if possible.

You founded your own firm two years ago.You initially contributed $150,000 of your money and, in return received 2,500,000 shares of stock. Since then, you have sold an additional 1,000,000 shares to angel investors. You are now considering raising even more capital from a venture capitalist (VC). This VC would invest $10 million and would receive 2.5 million newly issued shares. What is the post-money valuation? Assuming that this is the VC’s firstinvestment in your company, what percentage of the firm will she end up owning? What percentage will you own? What is the value of your shares?