It is known that at 300K the value of Kp for a certain reaction is 10^(12). For the reaction △H is 100kJ/mole.
a.Determine if this reaction is favorable at 800K and estimate Kp(800K). explain
b. The actual value of Kp (800) is 35. Explain any discrepancy from your estimate.

Question 2

Suppose there is enough room for a maximum of three (3) cars to park around a fire hydrant. The harm resulting to society rises as additional cars park around the fire hydrant. This is because as more cars park, it becomes more costly for firefighters to navigate their water hoses around the stationary vehicles. The total (not marginal) cost to society as a function of the number of parked cars around a fire hydrant is as follows:

a. If each driver’s gain from parking a car around the fire hydrant is constant at $20, how many cars should park around the fire hydrant from an economic perspective? (Hint: you need to find the marginal cost to society to answer this part.)

b. What is the maximum level of total surplus resulting from parking around the fire hydrant? How many cars should park around the fire hydrant from an economic perspective?

It is believed the present capacity of Ocean Park is well-sufficient in accommodating the heaviest flow of visitors at ease. And the annual visitors to the park fell to 5.7 million in 2019 having topped at 7.5 million a few years previously. Draft, with an illustration of the various cost concepts, the average total cost (ATC) curve which is most relevant and locate the point where the park has been operating at.

Suzy’s Cool Treatz is a snow cone stand near the local park. To plan for the future, the owner wants to determine her cost behavior patterns. She has the following information available about her operating costs and the number of snow cones served.

Suzy uses the high-low method to determine her operating cost equation. What are her estimated costs at 4,214 snow cones? When calculating the variable cost per unit, round your answer to two decimal places before completing your calculations. Do not use dollar signs, commas or decimals in your answer. Input your answer to the nearest whole number.

Suzy’s Cool Treatz is a snow cone stand near the local park. To plan for the future, the owner wants to determine her cost behavior patterns. She has the following information available about her operating costs and the number of snow cones served.

Suzy uses the high-low method to determine her operating cost equation. What are her estimated costs at 4628 snow cones? When calculating the variable cost per unit, round your answer to two decimal places before completing your calculations. Do not use dollar signs, commas or decimals in your answer. Input your answer to the nearest whole number.

At 800K, 2 mol of NO are mixed with 1 mol of O2. The reaction 2NO(g) + O2(g) <---> 2NO2(g) comes to equilibrium under a total pressure of 1 atm. Analysis of the system shows that 0.71 mol of oxygen are present at equilibrium.

Calculate the equilibrium constant for the reaction.

answers 0.64

A small hotel has 50 rooms that rent for $105 per night and cost $45 to clean and prepare each night they are used. All rentals are by reservation and there is a 10% chance that an individual reservation will not show up. If a customer arrives at the hotel with a reservation and no room is available due to overbooking, the hotel will refund the cost of the room and pay $150 to put the customer up at another hotel. The hotel’s current policy is to stop accepting reservations reaches the overbooking limit of 56 reservations.

a. Develop a simulation model to evaluate the hotel’s total profit and number of customers turned away when it receives the maximum number of reservations under the current policy.

b. Describe your estimate of the distribution of total profit?

c. What is your estimate of the mean total profit?

d. What is your estimate of the mean number of customers turned away?

Please Solve in Excel

4. Jellystone National Park is located 10 minutes away from city A and 20 minutes away from city B. Cities A and B have 200; 000 inhabitants each, and residents in both cities have the same income and preferences for national parks. Assume that the cost for an individual to go to a national park is represented by the cost of the time it takes her to get into the park. Also assume that the cost of time for individuals in cities A and B is $:50 per minute. You observe that each inhabitant of city A goes to Jellystone 10 times a year, while each inhabitant of city B goes only 5 times a year. Assume the following: the only people who go to the park are the residents of cities A and B; the cost of running Jellystone is $1; 500; 000 a year; and the social discount rate is 10%. Also assume that the park lasts forever.

(a) Compute the cost per visit to Jellystone for an inhabitant of each city.

(b) Assuming that those two observations (cost per visit and number of visits per inhabitant of city A, and cost per visit and number of visits per inhabitant of city B) correspond to two points on the same linear individual demand curve for visits to Jellystone, derive that individual demand curve (the cost for the price, and the number of visits for the quantity).

(c) With the individual demand curve from (b), calculate the consumer surplus for an inhabitant in city A and in city B, respectively. (Note that inhabitants in the two cities may not pay the same price.) What is the total consumer surplus of the two cities entire population combined?

(d) The total consumer surplus measures the total bene t of the park to the inhabitants in the two cities. There is a timber developer who wants to buy Jellystone to run his business. He is offering $100 million for the park. Should the park be sold? Show the process you obtain your conclusion.

The Gardner Theater, a community playhouse, needs to determine the lowest-cost production budget for an upcoming show. Specifically, they have to determine which set pieces to construct and which, if any, set pieces to rent from another local theater at a predetermined fee. However, the organization has only two weeks to fully construct the set before the play goes into technical rehearsals. The theater has two part-time carpenters who work up to 12 hours a week, each at $10 an hour. Additionally, the theater has a part-time scenic artist who can work 15 hours per week to paint the set and props as needed at a rate of $15 per hour. The set design requires 20 flats (walls), two hanging drops with painted scenery, and three large wooden tables (props). The number of hours required for each piece for carpentry and painting is shown below:

The Gardner Theater, a community playhouse, needs to determine the lowest-cost production budget for an upcoming show. Specifically, they have to determine which set pieces to construct and which, if any, set pieces to rent from another local theater at a predetermined fee. However, the organization has only two weeks to fully construct the set before the play goes into technical rehearsals. The theater has two part-time carpenters who work up to 12 hours a week, each at $10 an hour. Additionally, the theater has a part-time scenic artist who can work 15 hours per week to paint the set and props as needed at a rate of $15 per hour. The set design requires 20 flats (walls), two hanging drops with painted scenery, and three large wooden tables (props). The number of hours required for each piece for carpentry and painting is shown below: