How do demand and supply change, and thus what are the impacts on price and quantity, due to the following changes:

1. Higher household income

2. Swiss residents become “greener“

3. Firms want to strongly position their newly-launched models

4. Plastic becomes more expensive

5. Oil becomes more expensive

6. Hotel prices in ski resorts become higher

7. Guest workers are no longer allowed in the country

8. New ski resorts open up

9. The lifts themselves become faster and less expensive to purchase and operate

10.Higher availability of inexpensive, high quality printers for private use 1

1. Higher availability of notebooks and PCs with high-quality graphics

12. Higher availability of e-mail and social media

13. Rising productivity and falling prices for inputs in the production of digital cameras

14. Higher availability of handy, and then smart phones, with digital cameras

When it comes to interpreting the location quotient the primary question the analyst needs to ask

a.How does the local economy's location quotient compare to that of the US as a whole

b. is the location quotient greater than or less than 100

c. is the location quotient positive or negative

e.Is the location quotient greater than or less than 1

Which one of the following is NOT one of the requirements for a use to be a site's highest and best use?

a. the use must be financially feasible

b. the use must be legally permissible

c. the use must be physically possible

d. the use must be socially optimal

d. Is the location quotient greater than or less than 1?

Which one of the following properties would most likely have to rely primarily on the sales comparision approach for an estimate of its market value?

a. an aaprtment building

b.a ball park

c. a single family home

d. a shopping center

Here’s what happened at ACME Manufacturing Company*:

ACME makes shock absorbers for the Mercedes manufacturing facility and for a few other customers. Two days before the auditors arrived to count ending inventory, the plant manager told the warehouse employees to load four tractor trailers with shock absorbers, lock them and park the trailers on the back lot.   After giving those instructions she said: “If anyone mentions this to the auditors, I will find out who you are and fire you!”   So, no one said a word.

Other facts that you should know:

Mercedes uses Just-in-Time for its inventory system.

ACME's terms for shipping and billing are FOB shipping point, prepaid and add.

Respond to the following:

Why did the manager order employees to hide the inventory?

How does what she did affect the financial statements?

What should the plant accountant do, if anything, about this situation?

Managing Conflict" Please respond to the following:

Your bags are packed for a family vacation to Jamaica, and you leave in three days. There is no way that you can get a refund since you purchased your airfare and hotel through a special offer on a travel website. Your co-worker calls out of work for one week, saying her child has the flu and she can’t come to work because she has no one to watch her child. Your supervisor says you have to cover that co-worker's shift AGAIN for the fourth time in two months. Unfortunately, if you cover the shift you will miss your vacation, and you will lose the money you spent on it. How would you manage this job conflict, and why? Do you: Avoid your supervisor and call out sick Collaborate with your supervisor to come up with a solution Accommodate your supervisor and skip your vacation

In one of Boston’s public parks, mugging in summer months has been a serious issue. A police cadet took a random sample of 10 days and compiled the data. For each day, x represents the number of police officers on duty in the park and y represents the number of reported muggings on that day. A scatter plot has been provided in the following.

1. (a) What information can we learn from the above scatter plot?

2. (b) One wishes to use the linear model for this question. Please specify the theoretical linear model and the common assumptions.

3. (c) Based on the following SAS output, please write out the regression line.

1. (d) Can you predict y value when x = 30? Why or why not?

2. (e) Please construct a 95% confidence interval for the slope.

3. (f) Overall is this model useful? (Please set up hypotheses and report the result from SAS output).

4. (g) Find the sample correlation coefficient.

In one of Boston’s public parks, mugging in summer months has been a serious issue. A police cadet took a random sample of 10 days and compiled the data. For each day, x represents the number of police officers on duty in the park and y represents the number of reported muggings on that day. A scatter plot has been provided in the following.

1. (a) What information can we learn from the above scatter plot?

2. (b) One wishes to use the linear model for this question. Please specify the theoretical linear model and the common assumptions.

3. (c) Based on the following SAS output, please write out the regression line.

1. (d) Can you predict y value when x = 30? Why or why not?

2. (e) Please construct a 95% confidence interval for the slope.

3. (f) Overall is this model useful? (Please set up hypotheses and report the result from SAS output).

4. (g) Find the sample correlation coefficient.

Lucinda Lacy purchased a foreclosed house today for $105,500 by making a down payment of 15% of the purchase price and paying closing costs of:

Loan origination fee                1.7% of purchase price

Appraisal fee                           $325

Survey fee                               210

Attorney’s fee                         420

Processing fee                         300

Escrow fee                              240

Other miscellaneous costs       620

Lucinda has a mortgage loan with an interest rate of 3.9% APR, compounded monthly for 30 years. Her taxes and insurance are $375 per month. Lucinda has an estimate for a contract for $8,500 firm, fixed price to remodel the house and this expense will be equally distributed over the period of her ownership. After remodeling, she estimates that she could sell the house for $135,000. Her selling expenses would be 7% sales commission plus $1000.

- draw the cash flow diagram?

-  manual (handwritten), calculations, including the ball-park method?

- hand calculating not excel?

1. Describe the main difference between direct materials and indirect materials that are used in any given production process.

2. The Cheepencheerful Bakery Company produces muffins that it sells to hotel chains in the city. It generally breaks even at the end of the year but not always. It only knows this when the company’s external accountants prepare financial statements that are used by the bank and to file tax returns. The company does its best to keep its costs down and as a result does not pay its employees very much.

When the president’s wife, who is the bookkeeper, decided to retire, the president advertised for her replacement. He felt he could find someone who would work for slightly more than minimum wage. This would be in line with his desire to keep costs down.

Comment on the president’s desire to keep his costs down by hiring a poorly paid accountant for his organization.

In this problem, assume that the distribution of differences is approximately normal. Note: For degrees of freedom d.f. not in the Student's t table, use the closest d.f. that is smaller. In some situations, this choice of d.f. may increase the P-value by a small amount and therefore produce a slightly more "conservative" answer.

Suppose that at five weather stations on Trail Ridge Road in Rocky Mountain National Park, the peak wind gusts (in miles per hour) for January and April are recorded below.

Does this information indicate that the peak wind gusts are higher in January than in April? Use α = 0.01. Solve the problem using the critical region method of testing. (Let d = January − April. Round your answers to three decimal places.)

In early March, 2020, our state government announced tentative plans to move homeless people in to college dorm rooms. A. In your opinion, is this idea a good idea? Or a bad idea? Why? B. Would you make this program voluntary for homeless people? Or mandatory? Why? C. How vigorously would you enforce this program? Why? D. What penalties, if any, would you impose on homeless people for non-compliance? Why? E. In theory, what could ‘go wrong’ with the enforcement of this program? What other support services do homeless people require, in addition to housing? F. Moving homeless people into hotel rooms, (combined with support services), which our state has done on an unprecedented level, may be a better idea than moving them into college dorms. Why? G. In your opinion, what more should we be doing as a society to address this issue? Why?