Assume that the general contractor during the contract bidding phase notices a critical element of the wall section detail for the building is omitted. Further assume, the general contractor knows that the missing element is necessary for a successful project, required by code and will increase the cost of the project. The general contractor with knowledge of the error fails to disclose it or raise any question or request for information and bids the project believing they will be entitled to a hefty change order by raising it later. Explain how the law, ethics and morality combined with the terms of the AIA A201 General conditions should treat the General Contractor’s request for a change order for the cost of installing the missing element.

Monopoly Discussion Total Revenue and Elasticity:

The total revenue test shows that the monopolist will avoid the inelastic segment of its demand schedule. As long as demand is elastic, total revenue will rise when the monopoly lowers its price, but this will not be true when demand becomes inelastic.

• At this point (inelastic), what happens to total revenue? Explain in detail use examples, data, and facts to support your argument.
• Monopolists will expand output only in the elastic portion of its demand curve. Why?
• How does the decision impact the firm's output, revenue, and or profit.

Explain two potential problems involved in stated preference methods for environmental valuation. Use an example to explain what makes thismethod attractive despite the potential problems.

please state two problem only and use example

1. What makes countries rich in today’s environment?
2. What is a service sector? How many serviced sectors does Colorado have? What are their value?
3. What is economics and why is it important to business? What is the difference between Macro and Micro environment and give an example.
4. How does resource development effect the economy?
5. What is the secret to creating a wealthy economy? In detail explain what the author was referencing.
6. What is the invisible hand? Has this concept been true?
7. What is free market capitalism?
8. What is the difference between capitalism, and state capitalism, and communism?
9. What is the relationship between supply/demand/equilibrium point and equilibrium price?
10. What is a monopoly? Why does the Government intervene on them?

Question 4      

Stock’s Blue annual profit follows a Normal distribution, with mean £53 and standard deviation £9. Stock’s Red annual profit follows a Normal distribution, with mean £62 and standard deviation £6.

1. What is the probability that at a random year stock Blue will outperform stock Red?
2. Your portfolio consists of 2 Blue stocks and 3 Red stocks. What is the probability that your profit will exceed £330?

What is the difference between ordinary income and statutory income pursuant to the ITAA97 and ITAA36 ? Explain your answer in detail and refer to relevant case law , ATO Guidance in the form of Tax Rulings as well as to the relevant legislative provisions contained in ITAA97 and ITAA36 .

Answer the following question ensuring that you apply economic principles or theory related to the concepts of benefits, costs and market structure in which a firm operates to inform your analysis and support your decisions. Communicate your ideas with correct grammar, spelling and writing style and support your answer with diagrams and illustrative examples as necessary.

Question-- Identify, from media reports on Australian industry, an example of a firm that has significant monopoly power. Identify the inefficiencies in outcomes that arise, or would arise, if the firm was free to exercise that power. Finally, explain how government intervention is used, or may be used, to curb that power and provide a more efficient outcome for the economy.

Presentation

Answers should be typed and diagrams must be clear and neat and preferably drawn electronically. Hand-drawn diagrams are acceptable. Sources used in your answer should be fully referenced in APA 6th style. The answer to the question should be divided into three parts:

Part 1: Introduction

The introduction sets up your response by succinctly stating your understanding of the issues, what you think is the best way to analyse the situation – including choice of theory and sources of evidence, what type of findings you expect and what potential applications you expect there to be.

Part 2: Analysis

The analysis will represent the bulk of your work. Here you will provide your answer in detail by drawing upon the literature, the theory and the evidence to come up with an answer to the question posed. You may find that you want to break this section up into a number of sub-parts – one for a detailed discussion of the issues including your non-technical response, one for a detailed analysis of the tools of analysis you will use (theory), one for your extensive consideration of the evidence, one where you draw together your information and findings along with their implications.

Part 3: Conclusion

In the conclusion you briefly and succinctly review what you have done in answer to the question and indicate what further issues there might be to be considered.

Given a system with the transfer function

p(S)= (s+1)/(s(2s^2+4s+3)(2s+1))

Each section must specify the way of solution / explanation / reasoning
A. 8 points (Is the system in an open circle asymptomatic or BIBO stable or unstable?
B. (8 pts) Closes a control circle with a proportional controller. What is the range of K values for which
The closed circle is stable?
third. 4 points (what is the constant state error of the system in the open circle for step entry
Unit?
D. ) 4 points (what is the error of the constant state of the system in the closed circle with a controller held inside
The domain you found in section b) Select a value as you wish (for a single entry level?)

Discuss what is meant by the statement, "income elasticity of demand for private health insurance is positive" (?).

While we will discuss the Affordable Care Act in greater detail in Unit Four, was there any aspect of chapter 10 (entitled, "The Demand for Health Insurance") that changed your mind about any aspect of the Affordable Care Act?

Individual Stakeholders Report

Letter to Shareholders Assignment Details

This is an individual assignment.

Assume you are the CEO of the organization established in your simulation team (i.e. Andrews, Baldwin, etc.).

Your responsibility now is to construct the Annual Letter to Shareholders for this organization. For the annual report, include information regarding the changes from round 6 into round 7 that provides stockholders with the most up to date results and identifies projected decisions and desired outcomes expected by implementing your decisions.

Professionalism is critical when preparing the letter. Be sure that you utilize the key concepts from the text that apply to all areas of this letter.

Your letter must include the following:

Section 1 – Review the past

• Detail your overall competitive strategy; i.e. cost leadership, focus, differentiation, or a combination of any of the competitive strategies and why it was selected.
• Data and analysis regarding highpoints from the previous year and decisions that lead to this success.
• Data and analysis regarding the biggest challenges and the decisions that led to poor performance. Be sure to describe why it happened and what areas of the business were impacted. Include what you see as two or three key lessons learned.
• Note: this section should be approximately 40% of the actual letter’s content

Section 2 – Future Vision

• Based on your results, construct new strategies for the upcoming year to maximize organizational strengths and overcome weaknesses in results by completing a detailed SWOT matrix along with an analysis of its content. The explanation should include how you believe this new strategy will impact / address the problem areas and which areas of the business will ultimately be effected.
• Evaluate and describe any current or potential ethical, legal or sustainable business practices within the business or the industry identified in an environmental scan and VRIO analysis that need to be addressed in the upcoming year and the tactics you have developed to overcome these challenges.
• Note: this section should be approximately 50% of the actual letter’s content

Section 3 – Leadership Conclusion

• Complete the Shareholder Letter with a description of your leadership style/philosophy and why they should continue to invest in you and the firm.
• Note: this section should be approximately 10% of the actual letter’s content

The letter should be between 9-12 double spaced pages written in business format. Graphs and charts can be embedded into the document. First person is acceptable.

Be certain that conclusions are supported by data and that this is a professionally written document.