1. The market for x and y in Waketowne consists of 5000 people. Of this population, 2500 have preferences for the two goods in which the consumers earn utility by U = (xy)^1/2. There are 1500 consumers who get utility from consuming the goods by U = x^3/5y^2/5. Finally, the other 1000 consumers have preferences of U = x^2/5y^3/5.
All have a budget constraint of 25 = 10x + 5y.
What is the market quantity of x demanded in Waketowne? Also, find another point on the market demand curve for this good. (Hint: The last subgroup of consumers will buy 1000 units of x.)
2. Let us say that a person likes x and y and has preferences, resources, and faces prices that lead them to conclude he should consume 4x and 3y each month to maximize utility. However, for some reason, he continually chooses 5x and 2.5y. Explain why this person is acting irrationally.
In: Economics
In a Speech given on 16th March 2014 and titled “Reflections on
the Financial Crisis,” former Assistant Governor (Financial System)
of the RBA Dr. Edey said: “I am often asked why Australia was able
to come through the GFC relatively unscathed. Unlike the US, the UK
and the euro area, Australia didn't have a recession and we didn't
have any bank failures. My usual response is that it was a mixture
of good luck and good management.”
This sentiment is echoed in a Speech titled "Lessons and Questions
from the GFC" given on the 6th of December 2018 in Sydney, by the
Reserve Bank of Australia Deputy Governor Dr. Guy Debelle who
stated: “Good luck certainly played a role. But the policy actions
made an important contribution too” referring to the experience of
Australia during the GFC.
Explain what they means by “a mixture of good luck and good
management,” making specific reference to both ad-hoc measures
during the GFC and the general approach to financial stability.
(max 400 words)
In: Finance
Types of vertices:and with what they represent
Types of edges along with what they represent and their capacity
java
In: Computer Science
In: Computer Science
The labor supply and demand equations in Mexico and the US are Ndmex =140–2Wmex andNsmex =80 NdUS =600–4WUS andNsUS =260 (Notice: To make the exercise simple, we are assuming that the labor supply curves are perfectly vertical at 80 in México and at 260 in the US). where Ndmex and NdUS are the number of workers demanded in Mexico and the US (in millions of workers). Wmex and WUS are the yearly wage rates in Mexico and the US (in of your textbook. thousands of dollars). Nsmex and NsUS are the number of workers supplied in Mexico and the US (in millions of workers).
a. What are the equilibrium wages in Mexico and the US.
b. Due to the higher US wages (see your answer to part a), millions of Mexican workers want to emigrate to the US. However, the US inmigration authorities issue work permits for only 10 million Mexican workers. How will this limited flow of Mexican workers affect wages both in Mexico and the US (hint: if these flows take place, how many workers will there be left in México, how many workers will there be in the US, i.e., how do the labor supply curves shift?).
c. If an unlimited flow of Mexican workers is allowed (free movement of labor across borders), at the end, wages will be equal in both countries (basically, in practice, there will be just one unified labor market). What would be this wage? How many Mexican workers will emigrate to the US? How many Mexican workers will be demanded in the US? At the end, how many workers will there be in México and the US? (Hint: Find the total labor supply and demand equations).
In: Economics
Jason invested $1,000 in large U.S. stocks at the beginning of 2012. This investment earned 15.60 percent in 2012, 30.25 percent in 2013, 11.65 percent in 2014, and 2.30 percent in 2015. What return did he earn in the average year during the 2012–2015 period? (Round answer to 2 decimal places, e.g. 1.52.) Excel Template (Note: This template includes the problem statement as it appears in your textbook. The problem assigned to you here may have different values. When using this template, copy the problem statement from this screen for easy reference to the values you’ve been given here, and be sure to update any values that may have been pre-entered in the template based on the textbook version of the problem.) Return earned in the average year %
In: Finance
After the accounts have been adjusted at April 30, the end of the fiscal year, the following balances were taken from the ledger of Nuclear Landscaping Co.: Felix Godwin, Capital $454,290 Felix Godwin, Drawing 25,000 Fees Earned 520,245 Wages Expense 398,500 Rent Expense 95,600 Supplies Expense 35,865 Miscellaneous Expense 11,955 Journalize the two entries required to close the accounts. For a compound transaction, if an amount box does not require an entry, leave it blank. Apr. 30 Felix Godwin, Capital 454,290 454,290 Felix Godwin, Drawing 25,000 Wages Expense 398,500 Fees Earned 520,245 520,245 Supplies Expense 35,865 Miscellaneous Expense 11,955 Apr. 30 Rent Payable 95,600 Felix Godwin, Capital 407,615
In: Accounting
Buena Vision Clinic is considering an investment that requires an outlay of $600,000 and promises a net cash inflow one year from now of $810,000. Assume the cost of capital is 10 percent.
Required:
1. Break the $810,000 future cash inflow into the three components shown below. Enter all your answers as positive amounts.
| a. The return of the original investment is 600,000 | |
| b. The cost of capital is 60,000 | |
| c. The profit earned on the investment 150,000 |
2. Now, compute the present value of the profit
earned on the investment.
$
3. Compute the NPV of the investment. When
required, round your answer to the nearest dollar.
$
Compare this with the present value of the profit computed in
Requirement 2. What does this tell you about the meaning of
NPV?
Net present value represents the present value of future
profits
In: Accounting
Sunnyside Solar Consultants provided $184,000 of consulting
services to Delton Developments on April 14, 2017, on account. Use
the PST rates in Exhibit 10.6.
Required:
Journalize Sunnyside’s April 14 transaction including applicable
PST and GST or HST assuming it is located in:
a. Nova Scotia.
b. British Columbia.
c. Prince Edward Island.
d. Alberta
1
Record the consulting fees earned assuming that Delton Developments is located in Nova Scotia.
2
Record the consulting fees earned assuming that Delton Developments is located in British Columbia.
3
Record the consulting fees earned assuming that Delton Developments is located in Prince Edward Island.
4
Record the consulting fees earned assuming that Delton Developments is located in Alberta.
In: Accounting
Third Assignment
Please read the following scenario and then refer to the materials
of the courseto answer the questions
The scenario:
Dr. Latif is a new nephrologist employee working in the kidney
dialysis unit at one of the Palestinian hospitals, and he deals
with chronic patients who are visiting the unit "2 or 3" times
weekly, so the staff is familiar with the patients and they
formulated very close interaction and relationship.
He started to feel overinvolved with one of the patients who has
many personal and family conflicts and she used to share it with
Dr.Latif as he was very close to her, even they were friends on
social media and he consider her to be a close friend, he felt
empathetic with her, with time he started to be uncomfortable as
the relationship started to cross the professional standers and he
became emotional over-involvement.
Answer the following questions
1-Please, differentiate between the levels of patient-"Health care
provider" like Doctor, Nurse…etc. involvement?
2-What communication skills should Dr. Latif follow to assure the
professional relationship. And why?
3-Why do you think the patient-Doctor/Nurse relationship could
become intimate ??reflect from the case
4- Please summarize in two lines how could the nurse be empathic
with the patients but keep professional standers?
-You can submit the assignment either group"4-8" or individual
work
-Use scientific accurate English language
-Use just Microsoft word document type
-Please do your efforts to express using your own language, don’t
just copy and paste from internet sites, if you use reference
mention them.
In: Nursing