A 48-year-old woman is admitted to a psychiatric inpatient unit for observation and evaluation after an episode in which she murdered her husband of 22 years, a well-renowned legislator, after finding out that he had been having an affair with his 23-year-old political assistant. The case has received tremendous media coverage.

Upon admission, the patient expresses both suicidal idealization as well as homicidal idealization with a plan to kill her husband’s young lover. She also reveals that her husband had been unfaithful once before, early in their marriage. When documenting the assessment, the RN includes that the patient expresses both suicidal and homicidal idealization with a specific plan toward the 23-year-old political assistant.

Should the information about the husband’s past infidelity also be included in the assessment note? Explain your answer.

Should the RN notify others of the patient’s homicidal thoughts and specific plan for the political assistant with whom the patient’s husband had an affair?

19. Consider a household where the husband can earn a market wage of $15 per hour and has a marginal productivity in the household that is the equivalent of $12. The wife can earn a market wage of $20 and has a marginal productivity in the household that is the equivalent of $15. Suppose initially that their marginal household productivities do not depend on the time that the otherspouse spends at home.

19a. If the couple decides to have only one of them work for pay outside the home, who should it be?

19b. Would it make sense for both the husband and wife to work for pay outside of the home?

19c. Assuming both members of the couple are working, how would an increase in the wife’s wage affect her work hours? Would an increase in the wife’s wage cause the husband to increase or decrease his work hours?

19d. How would your answer to 20c be different if you knew that the couple were substitutes in household production?

19e. How would your answer to 20c be different if you knew that the couple were complementary in household consumption?

Provide an example of price discrimination and classify it as first-degree, second-degree or third-degree price discrimination.

Provide an example of price discrimination and classify it as first-degree, second-degree or third-degree price discrimination

Second price auction is quite similar to a first price auction(each player bids secrectly choosing a nonnegative real number) and each player i value the object v_iwhere v₁ > v₂ > ....>v_n > 0, except that the winner pays the amount of the second highest bid.

Prove that for player i, bidding v_i is a weakly dominant strategy. That is, prove that regardless of the actions of the other players, player i payoff when bidding v_i is at least as high as her payoff when making any other bid. Also, prove that there exist Nash equilibria in which player 1 does not win the auction.

What is first-degree price discrimination? Is the outcome under perfect price discrimination allocatively and productively efficient? How does your answer change if the monopolist cannot price discriminate?

Medi Corp is a corporation that deals in the manufacturing of medical devices. It has just received a patent from the U.S. Patent and Trademark Office for one of its surgical robotic knee devices. The patent is for the purpose of use in full knee replacement surgeries, which was stated on the patent’s application. For part of the manufacturing process, Medi Corp uses Tech Co. to assemble the computer components that run the robot. Tech Co. is a computer company that manufactures a lot of the computer components for several medical device companies in the U.S.

Medi Corp has been considering making a bid to acquire Tech Co. If Medi Corp acquires Tech Co., the transaction would likely be around $100 million dollars. Tech Co. is one of only three companies in the U.S. that manufactures and assembles these computer components for medical devices, and is the biggest of the three companies that offer these services, with the other two companies several million in revenue behind Tech Co. Moreover, Medi Corp. is considered a leader in medical device manufacturing in the U.S. Both companies are publicly traded companies.

Tech Co.’s board of directors are willing to approve of a merger with Medi Corp. Rebecca is on the board of directors for Tech Co. She tells her husband that he should consider purchasing Medi Corp stock. Rebecca does not tell her husband any of the confidential information of the potential merger with Medi Corp., but her husband does know that she is on the board of directors at Tech Co. and that Medi Corp is a company Tech Co. does business with. Bob is an employee of Tech Co. He has been courted by Comp Inc., one of the competitors of Tech Co.

Bob has decided to leave Tech Co. for a senior placement at Comp Inc. At Tech Co., Bob works on the manufacturing of these computer components for Medi Corp. At Comp Inc., he will be in more of a management position, determining which companies Comp Inc. should be doing business with, and managing those employees that are in the manufacturing facilities.

Please answer the following questions:

4a) Do you see any potential antitrust issues with the merger of Medi Corp and Tech Co.? Please fully explain this answer by using the appropriate U.S. statutes and any potential defenses that could be used.

4b) Do you see any potential legal issues with Rebecca and her husband if her husband purchases stock in Medi Corp before Medi Corp merges with Tech Co.? Please fully explain your answer for Rebecca’s, and her husband’s, individual situations.

4c) If Medi Corp learns that Comp Inc. is releasing a robotic surgical device for hip replacement surgery that has similar technology to its surgical robotic knee devices, does it have any recourse against Comp Inc. for patent infringement? Please fully explain your answer as to what it must prove for this complaint against Comp Inc., and any defenses Comp Inc. has against this claim. Also explain if there could be any recourse against Bob directly if Bob had originally signed a confidentiality agreement with Tech Co. when he worked for them.