You have seven mornings per week. On each morning, you can either study, go to the rock climbing wall, or sculpt (i.e., make sculptures). If you rock climb, you must be a member of the club. The membership fee is 100 Bobos each week. And, as member, you pay 10 Bobos for each morning of climbing. If you sculpt, you must rent a studio which costs 100 Bobos per month. Each morning you sculp, you use 10 Bobos worth of material.
Your economics professor has asked you to produce a table showing your marginal cost for each of 7 mornings you might sculpt during a normal week. Your uncle, who has never taken economics, has asked you to explain the table and why the values you wrote down make sense. Provide your answers in sections labelled
The Table
The Explanation
Assume that in October, you rationally climbed two times per week and sculpted three times per week. In November, you know that the daily climbing price will be 5 bobo per morning. Explain, using the costs and benefits of sculping, how you will decide whether to rent a studio in November. Provide your answer in a section labelled
November
[9 Marks] Assume that in March you rationally climbed two times per week and sculpted three times per week. A climber from out of town is willing to pay you 50 Bobos per week for your April membership. If you sell, you cannot climb. If this is the only change the professor is aware of, what does your economics professor predict about how often you sculp in April? Explain. Provide your answer in a section labelled
April
Assume that the following March, you rationally climbed two times per week and sculpted three times per week. In April the membership fee for the climbing club will increase 150 bobos per week. If this is the only change the professor is aware of, what does your economics professor predict about how often you sculp in April? Explain. Provide your answer in a section labelled
April, redux
In: Economics
You have just been accepted to nursing school. As a requirement, you have to have a tuberculosis (TB) test as well as a hepatitis B recombinant vaccine. The nurse who administers the TB skin test explains that if significant swelling occurs around the injection site, you will need to have chest x-rays to determine if you are infected with Mycobacterium tuberculosis. On the morning of the second day after the skin test, you awake to find your arm red and swollen in an area about the size of a quarter around the site of the test. It is also tender to the touch. Now you are really worried. Could you have TB?
1. Why does the reaction to the skin test take 36-48 hours to show up? Explain.
2. If you have a tuberculosis infection, why doesn’t the whole body, or at least the respiratory tract, react when the antigen is injected during this diagnostic test? After doing a chest x-ray, your doctor says the results are inconclusive. So, you are put on a six-month course of isoniazid to be safe. About six months later, while sitting in your medical microbiology class during a lecture on tuberculosis, you suddenly realize why you had that positive reaction to the skin test six months earlier. It had nothing to do with being infected, but was because you were born in Norway and your family moved to the United States when you were four years old.
3. What is going on here? Discuss in detail.
4. A while later, you told a friend of yours who is HIV-positive about your TB scare. She said that her doctor doesn't typically use the TB skin test on her, even though people with HIV are more susceptible to TB. Why is the skin test not always a reliable TB test for those with HIV?
In: Nursing
Macionis, your textbook author, mentions in chapter 5 that there is now some evidence that people can become "addicted" to social media and that social media can have some very negative effects on our lives. If you believe that your personal use of social media has had very important negative impacts on your life, so many negative impacts that you have given up the use of social media for some significant period of time, please describe those impacts in detail. Macionis describes some of these negative impacts in the section of chapter 5 titled "The Effects of Social Media on the Individual" (pages 137-140).
at least 250 words required
In: Psychology
Please review and explain the significance of basic concepts about random variables, namely, the mean, the variance, the standard deviation, and the correlation. Provide your explanations and definitions in detail and be precise. Comment on your findings. Provide references for content when necessary. please give a detailed answer. thank you
In: Statistics and Probability
Sonia is continually concerned about whether her behaviors are socially acceptable. According to Freudian approach, what could control her personality? Explain each element in detail with relevant examples.
In: Psychology
can you answer those question as a field service engineer for job interview
1-Please describe in detail your knowledge of electrical engineering?
2-Please describe in detail your knowledge of mechanical engineering?
3-Please describe in detail your knowledge of computer software?
4-What does customer service mean to you?
5-What interests you most about this position?
6-What are your career goals?
7-Why are you looking for another job?
8-What is your business travel tolerance?
9-What has been your business travel levels in your past opportunities?
In: Mechanical Engineering
1. What is the legal significance of an Endorsement? Explain in detail.
2. What is a Special Endorsement? Explain in detail and provide an example.
3. What is a Blank Endorsement? Explain in detail and provide an example.
4. What is a Restrictive Endorsement? Explain in detail and provide an example.
In: Economics
State if the following government activity is/is not associated
with adjustment to an externality or provision of a public good.
Explain your answer in detail. a) Government of Saskatchewan
provides weather forecasts free of charge b) Government increases
seats at post-secondary institutions c) Canada’s day fireworks
celebration d) Prohibition of smoking in public places e)
Imposition of taxes on tobacco smokers
In: Economics
The 2018 Annual Reports/Financial Statements for both Air NZ and Auckland Airportare both available in the links below. Answer the questions for both Air NZ and Auckland Airport. All questions only relate to 2018.
Air NZ : https://p-airnz.com/cms/assets/PDFs/Air-NZ-2018-Financial-Results.pdf
AKL airport : https://corporate.aucklandairport.co.nz/-/media/Files/Corporate/Annual-Report-2018/Annual-Report-2018-Financial-Statements.ashx?la=en&hash=3FD590BBFBB78389CD2DEA7EE8402BCAEC4332E9
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Questions about |
Question: |
Auckland Airport (AA) |
Air New Zealand |
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What is the primary business/s of each entity? |
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Questions about: |
Question: |
Auckland Airport |
Air New Zealand |
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P or L section |
On what page is the P or L type statement? |
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State the total operating revenue. |
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What is the note number relating to the operating revenue? |
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On what page is this said note? |
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Name the smallest geographical region of original sale and $ amount. |
Ignore question for AA. |
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Look at Note 4, on pages 30 to 31, Segment Information. State the three types of income that make up the total income of $683.9 M |
Ignore question for Air NZ |
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Look at Note 4, on pages 30 to 31, Segment Information. State the three types of services provided and their dollar amounts of segment income. |
Ignore question for Air NZ |
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OCI section |
On what page is the OCI type statement? |
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State the (net) profit for the year. |
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State the total OCI for the year |
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Note: Profit + OCI = TCI |
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SFP |
On what page/s is the SFP? |
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State the total assets $ amount. |
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State the Inventories $ amount. |
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State the note number for Inventories. |
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On what page is the said note? |
Ignore question for AA. |
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State the $ amount of inventory held at NRV. |
Ignore question for AA. |
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What is the largest (in $ terms) NCL? |
In: Accounting
The distribution of red blood cell counts is different for men and women in a certain population. For both, the distribution is approximately Normal. For men the middle 95% range from 4.34 to 5.95 million cells per microliter, and for women the middle 95% have red blood cell counts between 3.53 and 4.64 million cells per microliter. Complete parts (a) and (b) below
a. What is the mean for the men? Explain your reasoning
b. What is the mean for women? Explain your reasoning
In: Statistics and Probability