Questions
Explain how the hypothesis below came up/was developed based on the initial observations (see below). Hypothesis:...

Explain how the hypothesis below came up/was developed based on the initial observations (see below).

Hypothesis: The recombinant-based assay for HCV will detect HCV antibodies in blood samples of people with hepatitis C or who are carriers of HCV, but not in non-HCV individuals.

Initial Observations:

I. Hepatitis is a general category of liver diseases. Several different viral agents have been found to infect the liver and cause inflammation and damage.

II. In the 1940s, researchers identified two forms of viral hepatitis. Infectious hepatitis, or hepatitis A, is transmitted by contact with feces from infected individuals. Serum hepatitis, or hepatitis B, is transmitted through the blood and other body fluids. The hepatitis B virus was isolated in the 1960s and the hepatitis A virus was isolated in the 1970s.

III. Following the isolation of these two viruses, assays were developed in order to identify individuals infected with hepatitis A or hepatitis B viruses.

IV. A form of hepatitis occurs in patients that test negative for hepatitis A or B. This form of hepatitis, initially called non-A, non-B hepatitis (NANBH) but now referred to as hepatitis C, represented greater than 90% of transfusion-associated hepatitis.

V. Hepatitis C causes chronic disease which can lead to cirrhosis of the liver and liver cancer.

VI. A recombinant-based assay for the hepatitis C virus (HCV) has been developed, using RNA isolated from the hepatitis C virus.

In: Anatomy and Physiology

Instructions: Social stratification is the systematic study of inequality – the distribution of valued goods and...

Instructions: Social stratification is the systematic study of inequality – the distribution of valued goods and opportunities. Inequality is a feature of all societies and sociologists have studied both the mechanisms through which inequality operates, as well as how these mechanisms and overall measures of inequality vary between societies and across history. In primitive hunting and gathering societies, inequality was relatively low as the few goods and opportunities were distributed relatively equally across society. In the Middle Ages, inequality rose as a tiny group of elites lived entirely apart from the rest of the population with no significant middle class. Inequality in the United States dropped significantly between the 1940s to the 1970s, and the middle classes enjoyed more prosperity than they had historically or experience today. In recent years in the United States, sociologists and others have pointed to a dramatic increase in inequality, as compared to countries with similar levels of economic development, education and political systems. Inequality has also increased in countries other than the United States, suggesting that some factors influencing inequality are shared in the industrial world. However, inequality has risen more quickly in the U.S. than other countries, suggesting that several factors may be unique to our society. Write an essay that shows your understanding of the factors that explain the increase in economic inequality in the last two decades in the United States. Please provide specific examples from your book or the real world to support your arguments.

In: Economics

By the late 1930s, the US was still dealing with the Great Depression, and conflict was...

By the late 1930s, the US was still dealing with the Great Depression, and conflict was intensifying between powers in Europe and between Japan and its neighbors in Asia. At first, isolationist sentiments prevailed, but eventually the US entered the conflict. Besides developements of the overseas conflict, the next few years of a "war economy" had an enormous inpact on the nature of work and the workforce that left a lasting legacy.

Choose and discuss one of the following two topics related to the American experiences in World War ll:
1. Focusing on American opinions and events of the late 1930s and early 1940s , discuss isolationist views and why those changed.
• Identify two isolationist arguements for staying out of World War ll.
• Describe the events that led us into war despite the despite the isolation views. What lessons can be drawn from the experience for our modern day concerns about war and when to engage in it.
• Identify the source(s) where you read about the New Deal responses.

2. In the period 1940-1945, the US would go into a "war economy" that dramatically impacted the American economy and society.
• Give two examples of changes during the "war economy" period
• Describe the impact on US society and work during the war years
• Taking the long term view, explain ways our society is different due to the wartime experiences.
• Identify the source(s) where you read these changes during the World War ll.

In: Economics

Douglas Fur is a small manufacturer of fake-fur boots in Detroit. The following table shows the company's total cost of production at various production quantities.

Short-run cost formulas

Douglas Fur is a small manufacturer of fake-fur boots in Detroit. The following table shows the company's total cost of production at various production quantities.

Fill in the remaining cells of the table.

Total Product

Total Cost

Marginal Cost

Total Fixed Cost

Total Variable Cost

Average Variable Cost

Average Total Cost

(Pairs)

(Dollars)

(Dollars)

(Dollars)

(Dollars)

(Dollars per pair)

(Dollars per pair)

0120



1210




2270




3315




4380




5475




6630




On the following graph, plot Douglas Fur’s average total cost curve (ATCATC) using the green points (triangle symbol). Next, plot its average variable cost curve (AVCAVC) using the purple points (diamond symbol). Finally, plot its marginal cost curve (MCMC) using the orange points (square symbol). (Hint: For ATCATC and AVCAVC, plot the points on the integer: For example, the average total cost of producing one pair of boots is $210, so you should start your average total cost curve by placing a green point at (1, 210). For marginal cost, plot the points between the integers: For example, the marginal cost of increasing production from zero to one pair of boots is $90, so you should start your marginal cost curve by placing an orange square at (0.5, 90).)

In: Economics

In the short run, a perfectly competitive firm will shut down and produce nothing if: a....

In the short run, a perfectly competitive firm will shut down and produce nothing if:

a.

economic profits equal zero.

b.

total cost exceeds total revenue.

c.

total variable cost exceeds total revenue.

d.

the market price falls below the minimum average total cost.

In: Economics

1, The cost of making 14 tables is $2,000. The cost of making 22 tables is...

1, The cost of making 14 tables is $2,000. The cost of making 22 tables is $2,640. What is the cost per table?

Write a linear equation that tells you the total cost, C , of making x tables: C =

What is the total cost of making 17 tables? $

2, The cost of making 14 chairs is $1,090. The cost of making 26 chairs is $1,570.

What is the cost per chair?

Write a linear equation that tells you the total cost, C , of making x chairs: C =

If your total cost is $2,610, how many chairs did you make?

3,

In: Accounting

1. If diminishing returns exist, then Each unit produced will cost incrementally more. Each unit produced...

1.

If diminishing returns exist, then

Each unit produced will cost incrementally more.

Each unit produced will cost incrementally less.

The total cost curve will be negatively sloped.

The total cost curve will be flat.

2.

For the perfectly competitive firm, the marginal revenue is always

Decreasing.

Constant.

Increasing.

Equal to average total cost.

3.

Greater-than-normal profit represents

Below-average returns to capital.

Exploitation of workers.

Payment for entrepreneurship.

Explicit costs.

4.

A perfectly competitive firm will maximize profits by choosing an output level where

Price equals total cost.

Price equals marginal cost.

Price is greater than marginal cost.

Price is greater than total cost.

In: Economics

Suppose the fixed costs at a widget factory are $500.00 and variable costs per widget are...

Suppose the fixed costs at a widget factory are $500.00 and variable costs per widget are as indicated. Compute the total average costs for each of the following: 1. Producing 10 widgets when the variable cost is $10 per widget Total Cost = $ _________ Average Cost = $ _________ 2. Producing 20 widgets when the variable cost is $15 per widget Total Cost = $ _________ Average Cost = $ _________ 3. Producing 100 widgets when the variable cost is $20 per widget Total Cost = $ _________ Average Cost = $ _________ b. Suppose that widgets sell for a price of $50. Compute total revenue (TR) and profit (P) for each of the above cases. 1. TR = $ _______ P = $ _______ 2. TR = $ _______ P = $ _______ 3. TR = $ _______ P = $ _______

In: Economics

10. The following partially completed process cost summary describes the July production activities of the Molding...

10.

The following partially completed process cost summary describes the July production activities of the Molding department at Ashad Company. Its production output is sent to the next department. All direct materials are added to products when processing begins. Beginning work in process inventory is 20% complete with respect to conversion.

Equivalent Units of Production Direct Materials Conversion
Units transferred out 41,500 EUP 41,500 EUP
Units of ending work in process 3,500 EUP 2,100 EUP
Equivalent units of production 45,000 EUP 43,600 EUP
Costs per EUP Direct Materials Conversion
Costs of beginning work in process $ 32,700 $ 4,200
Costs incurred this period 520,800 301,000
Total costs $ 553,500 $ 305,200
Units in beginning work in process (all completed during July) 3,000
Units started this period 42,000
Units completed and transferred out 41,500
Units in ending work in process 3,500

Prepare its process cost summary using the FIFO method. (Round "Cost per EUP" to 2 decimal places.)

Costs Charged to Production
Total costs to account for $0.00
Total costs accounted for
* Difference due to rounding cost/unit $0.00
Unit reconciliation
Units to account for
Total units to account for
Total units accounted for
Total units accounted for
Equivalent units of production (EUP) - FIFO method
Units % Materials EUP- Materials % Conversion EUP- Conversion
Total
Cost per EUP Materials Conversion
Total costs Costs Costs
÷ Equivalent units of production EUP EUP
Cost per EUP (rounded to 2 decimals) 0 0
Cost assignment and reconciliation
Costs transferred out EUP Cost per EUP Total cost
Cost of beginning work in process
Cost to complete beginning work in process
Direct materials
Conversion
Total cost to complete beginning work in process
Costs of units started and completed this period EUP Cost per EUP Total cost
Direct materials $0.00
Conversion $0.00
Total costs started and completed this period
Total cost of work finished this period $0.00
Costs of ending work in process EUP Cost per EUP Total cost
Direct materials $0.00
Conversion $0.00
Total cost of ending work in process
Total costs accounted for

In: Accounting

The market for hotels in Sacramento is described by the following equations: Qd=80−P and Qs=2P−100 (a)...

The market for hotels in Sacramento is described by the following equations: Qd=80−P and Qs=2P−100

(a) What is the equilibrium price and quantity?

(b) Suppose the city places a $2 tax on hotel rooms. How much do consumers now pay? How much do producers receive? How much tax revenue is raised by the tax?

(c) Based on your answer to part (b) is supply or demand more elastic?

In: Economics