Hours Open Total Revenue (dollars) 1 $275 2 375 3 450 4 500 5 53 6 550 Ivan runs a custom jewelry shop in Sparkle City. He is debating whether he should extend his hours of operation. Ivan figures that his sales revenue will depend on the number of additional hours the jewelry shop is open as shown in the table above. He would have to hire a worker for those hours at a wage rate of $25 per hour. a) What does the word "marginal" mean in economics? What is a marginal benefit? What is a marginal cost? What is marginal analysis? b) Using marginal analysis, how many hours should Ivan extend his hours of operations? c) What is Ivan's marginal benefit if he decides to stay open for six hours instead of five hours? d) What is Ivan's marginal cost if he decides to stay open for six hours instead of five hours?

how the law affects managers and management, in general. This is important for you to know as employees as well as potential future employers.Important note: One may not follow the law, but one should be aware of the ramifications of the management employment decisions one makes. For instance, as an employee, you may know that your employer has no right to do something, but you submit to it anyway because you don't want to lose your job or have to go to court. As an employer, you may know that your actions are not legal according to the letter of the law, but you weigh the costs and benefits and decide to do it anyway. Simply, you must know the law in order to weigh the costs!

There is now a knowledge gap among professionals since most managers and personnel practitioners have not had formal training in the application of new employment laws to the workplace. In addition, most lawyers may understand the law as it is applied to a business relationship, but not to employment relationships.

PLEASE ELABORATE YOUR OPINION ON THIS TOPIC WORD MINIMUM 250

Directions: In a six slide PowerPoint presentation, address the questions below. *If you do not have PowerPoint, you may write your information in a Word document (Slide 1: Slide 2: etc.) *If you are not comfortable writing about your family you may present on a TV family or public figure.

SLIDE 1: Share a photo of your family

SLIDE 2: Summarize the key demographic factors of your family members (ages, gender, marital status etc.)

SLIDE 3: Apply terms from our readings to your family composition (extended, nuclear, blended etc.)

SLIDE 4: Describe why family is important to you

SLIDE 5: Describe an issue of family relationships (divorce, role conflict, illness etc.).

SLIDE 6: Apply one of the three sociological perspectives to the issue from Slide 5 (Conflict Theory, Functionalism, or Symbolic Interactionism)

*If you are not comfortable writing about your family you may present on a TV family or public figure.

“Are Women Really More Talkative Than Men?” is the title of a 2007 article that appeared in the journal Science. In the article, Mehl and colleagues report the results of a study of 396 men and women. Each par-ticipant wore a microphone that recorded every word he or she uttered. The researchers counted the number of words uttered by men and women and compared them. The data below are fictional but they re-create the pattern that Mehl and colleagues observed:

Men: 16,345 17,222 15,646 14,889 16,701 Women: 17,345 15,593 16,624 16,696 14,200

Conduct the appropriate t-test (independent or paired) to test the hypothesis that there is a difference in the number of words uttered by men versus women using a two-tailed α = .05

Calculate r2 as a measure of effect size, and state whether the effect is small, medium, or large.

Calculate the 99% confidence interval to determine whether or not the result is significant at the

the α = .01 level.

Report the your results in APA style as you would do in a journal article.

The Great Financial Crisis (GFC) in the United States: Causes and Policy Responses

Goal

Analyze the recent (2008-2009) episode in the United States – the Great Financial Crisis (or Great Contraction). Your job is to write a 500-word essay that will: (a) discuss the antecedents to the episode – seeds of the crisis that were previously sown. Then, using the IS-LM model, show both (b) the shocks to the economy which occurred and (c) the government policy response. Also, provide a short discussion of the implications for health care business/industry.

Background

Although it happened some time ago, the Great Financial Crisis (GFC) of 2008-2009 continues to be heavily discussed, including in the popular press. For this assignment, you should read the article “A warning from the almost-depression” by Robert Samuelson, Washington Post, September 16, 2018. For several reasons, this episode is well-suited to the IS-LM model. Your job is to discuss that episode using the model.

PLEASE PROVIDE THE REFERENCES THAT YOU USED AND NO Plagiarism.

I have to answer these questions in a way that I can write out in a word document. Previous answer make little sense. I need to interpret (A) and I am just not understanding what the y intercept of -23 is indicating. I understand question b, not 100% on C please see below:  

A criminologist is interested in the effects of unemployment and policing on murder and has run the following multiple regression:

a. What is the Y-intercept? Interpret your results.

b. Which variables are significant at the 0.05 level?

c. What is the predicted homicide rate for a city with an unemployment rate of 5% and 250 police officers per 100,000 population?

Victory Company uses weighted-average process costing to account for its production costs. Direct labor is added evenly throughout the process. Direct materials are added at the beginning of the process. During November, the company transferred 700,000 units of product to finished goods. At the end of November, the goods in process inventory consist of 180,000 units that are 30% complete with respect to labor. Beginning inventory had $420,000 of direct materials and $139,000 of direct labor costs. The direct material cost added in November is $2,220,000, and the direct labor cost added is $3,254,000. Required: Determine the equivalent units of production with respect to (a) direct labor and (b) direct materials. Compute both the direct labor cost and the direct materials cost per equivalent unit. Compute both direct labor cost and direct materials cost assigned to (a) units completed and transferred out and (b) ending goods in process inventory. Type your responses in a Word document or Excel spreadsheet and upload it to the Week 6 Assignments page.

RegionExpected
Actual
Southeast

Defined

10098

Open

100104Northeast

Defined

150188

Open

150214Midwest

Defined

125120

Open

125108Pacific

Defined

200205

Open

200278

Report your findings from each Chi-square test that you conducted.

Based solely on the Chi-square test, discuss whether the company should accept the null hypothesis in each region or reject it in favor of the alternate hypothesis.

Discuss any other statistical analyses you would want the company to contemplate before deciding if it will go with a defined or open sales strategy.

Describe and discuss at least 1 other business scenario in which you believe Chi-square testing would be h

Question 2: Manufacturing Statement and Income Statement (20 marks in total)

Lake Ltd.’s accounting department provided following financial information:

Required: prepare a statement of Cost of Goods Manufactured and an Income Statement for Lake Ltd. for the year ended 30^th June 2017. You can prepare the statements in an Excel spreadsheet then paste into Word.

A company that makes language learning software wants to determine which of two approaches (Method A or Method B) to learning vocabulary would lead to the largest number of recalled words. The company wishes to evaluate the methods on 7 different languages (since languages differ in difficulty). Seven individuals, one per language, were recruited to learn words using Method A, and 7 individuals, one per language, were recruited to learn words using Method B.

After one month, each person completed a test of word recall. The data, representing the number of words recalled, are shown in the table below.

The company wishes to test whether there is a difference in the average number of words recalled between the two methods. Calculate the test statistic for this hypothesis to two decimal places. Take all calculations toward the final answer to three (3) decimal places