Re word this paragraph please

Apple is an OLIGOPOLY which is a state of limited competition, which a market is shared by a small number of producers or sellers.

Apple is also MONOPOLISTIC COMPETITION which is a situation exceeding in a market in which buyers and sellers are so numerous and well informed that all elements of monopoly are absent and the market price of a commodity is beyond the control of the individual buyers and sellers

• Apple Inc. is considered an Oligopoly and Monopolistic Competition because of there being more competitors and also with the company maintaining its position in the market because its too costly or difficult for other rivals to enter, thus meaning there are entry barriers.

• Large consumer base making it hard for other companies to get customers to switch products
• People who buy Apple products usually continue to buy Apple products because of the trust in the product making it harder for other companies to garner attention
• Cost is also an entry barrier by the large amount of money it would be to completely switch brands
• Apple ties all its products together through applications like itunes and icloud making a greater incentive to buy more

Research Enterprise Rent a Car company and its leadership team.

1.- what are the company’s strengths and weaknesses?

2.- Who is its main competitor and how do they market themselves?

3.- Who is there target customer audience?

4.-Create a Leadership Development Program that can be used for their domestic and international employees.

5.- explain the dynamics of this company.

A closely held corporation sought to repurchase 25 percent of its outstanding shares from one of its shareholders. The corporation and the shareholder agreed that the corporation would purchase all of the shareholder’s stock at a price of $500,000, payable $100,000 immediately in cash and the balance in four consecutive annual installments. The state’s incorporation statute provides: “A corporation may purchase its own shares only out of earned surplus but the corporation may make no purchase of shares when it is insolvent or when such purchase would make it insolvent.” At the time of the repurchase of the shares, the corporation had an earned surplus of $250,000.

What are the arguments that the repurchase of shares satisfied the incorporation statute?

What are the arguments that the repurchase of the shares did not satisfy the incorporation statute?

1. You work for the Colorado Chapter of the Mutual UFO Network (MUFON) that is responsible for compiling all UFO sightings in the US. You are interested in whether there is a difference between rural and urban people in the mean number of UFOs they have ever seen. You randomly sample 200 urban and 150 rural Coloradoans and ask how many UFOs they’ve seen. Of the urbanites, the mean number of UFOs is 1.3 UFOs with a standard deviation of .4. Of the rural folks, the mean number of UFOs is 1.5 UFOs with a standard deviation of .6.

Do a two-sample hypothesis test (alpha=.05) to determine whether you can claim that there is a difference urban and rural Coloradoans in the mean number of UFOs ever seen. You must show all steps and all calculations.

2. You are interested in studying the relationship between believing in aliens and believing in God. You randomly sample 400 Coloradoans and ask them whether they believe in aliens and whether they believe in God. Of the 290 people who believe in God, 83 said they believed in aliens. Of the 110 people who do not believe in God, 27 said they believe in aliens.

Do a two-sample hypothesis test (alpha=.05) to determine whether there’s a difference between those who believe in God and those who don’t in the percent who believe in aliens. Show all steps of the hypothesis test and all calculations.

The average starting salary of this year’s graduates of a large university (LU) is $55,000 with a standard deviation of $4,000. Furthermore, it is known that the starting salaries are normally distributed.

What is the probability that a randomly selected LU graduate will have a starting salary of at least $52,700?

Individuals with starting salaries of less than $45,00 receive a free class. What percentage of the graduates will receive the free class?

What percent of graduates will have their salaries one standard deviation from the mean?

What is the range of salaries that are one standard deviation from the mean?

Answer the following questions using the standard leisure-work choice model

a)Draw a budget constraint for a worker has a job which pays a wage of $10.00 per hour. Draw an indifference map for typical worker. Assume that the worker is able to choose any number of hours of work and this worker’s optimal position is to work 8 hours a day. Show this point on your graph.

b)Suppose the worker now receives $60 per day non-labor income. On your graph (from part a) draw another budget constraint to illustrate this non-labor income. Show the new optimal position for the worker. Briefly, explain your new position and any change in the number of hours worked per day.

c)Using the information above, re-draw an indifference map for a worker who decides not to work after receiving the $60 per day non-labor income. Show the optimal position on your graph. Briefly explain why this individual is or is not rational by choosing not to work.

Read the following scenario and answer the question in 5-10 sentences.

You are an adult friend of a sixty-five year old male, James, who lives next door. James is friendly and kind to you and your family. James has become increasingly forgetful of facts and names lately and you once found him lost in another part of your familiar neighborhood. On the other hand, James has significant periods of mental clarity, living independently and performing complex mental tasks. For example, he profitably buys and sells collectibles at flea markets and on the Internet. James’s family lives far away, and may not know that James is possibly showing early signs of mental instability. You know that a court can determine if someone is mentally incompetent and appoint a guardian to represent that individual. Only then can the guardian enter into binding legal obligations on behalf of the mentally incompetent person. From the perspective of contractual legal capacity, explain the advantages and drawbacks of declaring someone like James incompetent.

1. A psychologist is working with a patient who suffers from a very rare disorder. Which type of research is the psychologist likely to use?

2. Collectivistic cultures value individual achievement above most other aspects of personal behavior. True or False?

3.Replication is the best way to ensure that a research finding is indeed statistically significant. True or False?

4.The fact that newborn babies get more REM sleep than humans at any other time in the lifespan suggests that the Freudian view of dreams and dreaming may not have a great deal of validity. True or False?

5.The law of parsimony states that the explanation that is most likely to be true is the most complicated one. True or False?

6. The possible existence of the file-drawer problem should be kept in mind when a/an _________________ yields significant results or effects.

During the pandemic, stockpiling behavior have been criticized in the newspapers and described as irrational. From a game theory perspective, stockpiling of toilet paper can be modeled as a strategic game. Let’s assume that we have two players who can choose between option 1: running to buy toilet paper (stockpiling behavior); and option 2: waiting to buy toilet paper. They believe that there is a risk that supermarket will run out of stock. The following matrix gives the payoffs of each choice, where in each cell, the first number is the payoff of player A and the second number is the payoff of player B.

1. Explain the strategic interactions behind the stockpiling behavior (answer in 70-130 words).
2. Find the equilibrium by elimination of dominated strategies (answer in 70-130 words).
3. Does individual rationality lead to a socially desirable outcome? Why? (answer in 70-130 words)