2.  Which vaccine is a toxoid?

3.What contributes to the diversity in the Influenza virus?

4. Mutations that occur in the Influenza virus contribute to:

5. Exchange of genes between Influenza viruses contribute to:

6. Which is a thymus independent antigen?

7. Which is a mechanism of how tumor evade the immune system:

8. Binding of PD-L1 from the tumor cell to the PD1 receptor on T cell results in:

9. CarT cells are being used as:

10. To produce CarT cells, the original T cells were isolated from other donors.

a.True

b.False

A suburban hotel derives its revenue from its hotel and restaurant operations. The owners are interested in the relationship between the number of rooms occupied on a nightly basis and the revenue per day in the restaurant. Below is a sample of 25 days (Monday through Thursday) from last year showing the restaurant income and number of rooms occupied.

Determine the coefficient of correlation between the two variables. (Round your answer to 3 decimal places.)

c-1. State the decision rule for 0.025 significance level: H0: ρ ≤ 0; H1: ρ > 0. (Round your answer to 3 decimal places.)

c-2Compute the value of the test statistic. (Round your answer to 2 decimal places.)

c-3. Is it reasonable to conclude that there is a positive relationship between revenue and occupied rooms? Use the 0.025 significance level.

What percent of the variation in revenue in the restaurant is accounted for by the number of rooms occupied? (Round your answer to 1 decimal place.)

Reengineering is a clean-slate approach to improving systems, with particular attention paid to the interactions between functional departments. For Caterpillar’s diesel engine manufacturing process, one of the most time-consuming and costly activities was the creation of engine drawings for customers. Customers needed timely access to drawings so that they could ensure fit with vehicles. Caterpillar undertook a substantial reengineering effort to completely overhaul that process with a goal of time reduction and cost reduction, while at the same time meeting customer needs. Describe the five steps of Caterpillar’s reengineering process.

2. In answering the questions below, refer only to Reimels v. Comm., 2006-1 USTC ¶50,147, 97 AFTR2d 2006-820, 436 F.3d 344 (CA-2, 2006). This question is designed to develop your ability to find a given judicial tax law source and enhance your skills in interpreting judicial authorities that you locate while doing research.

Required:

After reading the case, write a clear, succinct but complete, grammatically correct, response to each of the questions posed below. The response should be a complete sentence or two (but no more than a short paragraph). Responses that are close, but not fully accurate or complete, will not get full credit. Also, be sure that your responses are labeled to correspond to the question numbers below. You must limit your response to no more than approximately one-half page. (If you fail to adhere to this limit, you will lose points.)

Your responses should be similar to item 2 on page 4.

(a) What are the names of the two petitioners-appellants?

(b) What is the relationship between the two petitioners-appellants (i.e., brother-sister, cousins, friends, etc.)?

(c) What is the name of the attorney representing the petitioners-appellants?

(d) What is the name of the specific appellate court that heard the case?

(e) What is the name of the trial court that originally heard the case?

(f) What is the name of the judge that wrote the opinion of the appellate court?

(g) What was the key issue/question that was presented to the appellate court? (Your response must quote the issue as

stated by the Court. In other words, your answer must be something like: The issue that the Court had to decide was

“whether [take quote straight from case].”)

(h) What did the appellate court hold with regard to the issue identified in (g)? (Your response must quote the holding as

Page 2 of 4

stated by the Court. In other words, your answer must be something like: The Court held that “[take quote straight from case].” Also, quote only from the Court’s opinion, not the “Headnote,” as this latter section is not technically part of the Court’s opinion. Finally, there is no need to explain the basis for the Court’s holding.)

(i) Did the appellate court affirm or reverse the decision of the trial court?

(j) Based on the appellate court’s opinion, who won the case, the petitioners-appellants or the respondent-appellee?

2. In answering the questions below, refer only to Reimels v. Comm., 2006-1 USTC ¶50,147, 97 AFTR2d 2006-820, 436 F.3d 344 (CA-2, 2006). This question is designed to develop your ability to find a given judicial tax law source and enhance your skills in interpreting judicial authorities that you locate while doing research.

Required:

After reading the case, write a clear, succinct but complete, grammatically correct, response to each of the questions posed below. The response should be a complete sentence or two (but no more than a short paragraph). Responses that are close, but not fully accurate or complete, will not get full credit. Also, be sure that your responses are labeled to correspond to the question numbers below. You must limit your response to no more than approximately one-half page. (If you fail to adhere to this limit, you will lose points.)

Your responses should be similar to item 2 on page 4.

(a) What are the names of the two petitioners-appellants?

(b) What is the relationship between the two petitioners-appellants (i.e., brother-sister, cousins, friends, etc.)?

(c) What is the name of the attorney representing the petitioners-appellants?

(d) What is the name of the specific appellate court that heard the case?

(e) What is the name of the trial court that originally heard the case?

(f) What is the name of the judge that wrote the opinion of the appellate court?

(g) What was the key issue/question that was presented to the appellate court? (Your response must quote the issue as

stated by the Court. In other words, your answer must be something like: The issue that the Court had to decide was

“whether [take quote straight from case].”)

(h) What did the appellate court hold with regard to the issue identified in (g)? (Your response must quote the holding as

Page 2 of 4

stated by the Court. In other words, your answer must be something like: The Court held that “[take quote straight from case].” Also, quote only from the Court’s opinion, not the “Headnote,” as this latter section is not technically part of the Court’s opinion. Finally, there is no need to explain the basis for the Court’s holding.)

(i) Did the appellate court affirm or reverse the decision of the trial court?

(j) Based on the appellate court’s opinion, who won the case, the petitioners-appellants or the respondent-appellee

Consider a monopolist facing the following situation:

A. Graph the following:

Demand Curve

Marginal Revenue Curve

Marginal Cost Curve

Average Total Cost Curve

B. Identify the profit maximization point for the monopolist. What are the price and quantities that will maximize profit? What is the total profit received at this point?

C. Suppose you were the regulator of this monopoly and you wished to set price and quantity at the perfectly competitive price and quantity, what would those values be?

D. Compare the results you got in B with the results in C.

Consider a monopolist facing the following situation:

Quantity 0 10 20 30 40 50 60 70

Price $50 $45 $40 $35 $30 $25 $20 $15

Marginal Revenue $40 $35 $25 $15 $2.5 $2.5 $15

Total Cost $100 $370 $700 $960 $1120 $1225 $1650 $2250

Marginal Cost $27 $35 $26 $16 $11 $43 $60

Average Total Cost $37 $35 $32 $28 $25 $28 $32

A. Graph the following: Demand Curve Marginal Revenue Curve Marginal Cost Curve Average Total Cost Curve

B. Identify the profit maximization point for the monopolist. What are the price and quantities that will maximize profit? What is the total profit received at this point?

C. Suppose you were the regulator of this monopoly and you wished to set price and quantity at the perfectly competitive price and quantity, what would those values be?

D. Compare the results you got in B with the results in C.

Required information

[The following information applies to the questions displayed below.]

Greg’s Bicycle Shop has the following transactions related to its top-selling Mongoose mountain bike for the month of March. Greg's Bicycle Shop uses a periodic inventory system.

  rev: 02_28_2017_QC_CS-80932

5. Calculate sales revenue and gross profit under each of the four methods. (Round weighted-average cost amounts to 2 decimal places.)
  

Specific identification FIFO LIFO Weighted -average cost

Sale revenue

Gross profit

1.1. Fill in the blanks in the following table using Excel formulas:

P=50-0.00025Q.

1.2. Construct line charts for the Average Cost (AC), Average Variable Cost (AVC), Marginal Cost (MC), Marginal Revenue (MR) and Average Revenue (AR) on a Cartesian coordinate system.