Suppose Malaysia's production possibilities include a maximum of 120 units of rice or 300 units of lumber, and Canada's production possibilities include a maximum of 240 units of rice or 180 units of lumber. Then suppose each country initially allocates 50% of its labor to producing each product. a) Total production by the two countries equals tons of rice and ft3 of lumber. b) Now suppose that Malaysia increases the labor it allocates to lumber by 10%. Its lumber production rises by and its rice production falls by . c) If Canada reallocates its labor to increase its rice production by exactly the amount that Malaysia's rice production fell, by how much must its lumber production fall? ft3 d) State the combined effects on total production of the reallocations in part b and c. Total production of rice changes by tons. (include a negative sign, if needed) Total production of lumber changes by ft3. (include a negative sign, if needed)
In: Economics
Suppose that we are analyzing the real estate market (new housing) while the economy moves out of a recession AND at the same time the costs of building such a house/dwelling increase.
Please explain how both changes would affect the final equilibrium P & Q in the real estate market by answering the following questions.
a. Draw a demand and supply graph and show the effect of both changes in the market, starting from an initial equilibrium. Do not forget to label each axis, curves, P, Q, and initial and final equilibrium points. Please explain the reason of each change and make sure that the graph corresponds to your answers and analysis. The graph should be included in the body of your post/thread, not as an attachment.
b. Will P rise, fall or stay the same? Can you predict such result with certainty? Why?
c. Will Q rise, fall or stay the same? Can you predict such result with certainty? Why?
In: Economics
Here is a recipe for
Cheddar Corn Chowder
Ingredients
8 ounces bacon, chopped
1/4 cup olive oil
6 cups chopped yellow onions
4 tablespoons butter
1/2 cup flour
2 teaspoons salt
1 teaspoon black pepper
1/2 teaspoon turmeric
12 cups chicken stock
6 cups medium-diced white potatoes
10 cups corn kernels
2 cups half-and-half
1/2 pound sharp white cheddar cheese, grated
Select two ingredients to make the most significant changes to macronutrients to make this recipe healthier, but maintain the flavor and taste as well as be appropriate for corn chowder.
Name your two ingredients, explain how you are going to make modifications to each of the two ingredients and discuss the nutrient changes as a result.
Remember you are modifying ingredients and not decreasing or reducing the amount of the ingredient.
In: Nursing
We are evaluating a project that costs $500,000 for the equipment, has a five-year life, and the market value of the equipment at the end of 5 years is 50,000. Assume that depreciation is straight-line to zero over the life of the project. Sales are projected at 30,000 units per year. Price per unit is $40, variable cost per unit is $20, and fixed costs are $100,000 per year. The tax rate is 35 percent, and we require a return of 14 percent on this project.
a. Calculate the accounting break-even point.
b. Calculate the base-case cash flow and NPV. What is the sensitivity of NPV to changes in the sales figure? Explain what your answer tells you about a 500-unit decrease in projected sales.
c. What is the sensitivity of NPV to changes in the variable cost figure? Explain what your answer tells you about a $1 decrease in estimated variable costs.
In: Finance
Blenkinsop Manufacturing produces ChopNSlice, a multifunctional slicing and chopping kitchen tool. The following shows a summary of the manufacturing data for ChopNSlice for 2020. Selling price per unit $ 64 Variable manufacturing costs 38 Annual fixed manufacturing costs 201 060 Variable selling, distribution and administration costs 10 Annual fixed non-manufacturing costs 102 940 Annual volume 28 000 units.
a.Calculate the profit earned in 2020. (1 mark)
b. Blenkinsop Manufacturing has decided to introduce robots in part of the manufacturing production process with the changes taking place in 2021. The new production methods would bring about a decrease in variable costs per unit of $18 but would increase the fixed manufacturing costs by $150 000. How many units would need to be sold to earn the same profit as in 2020? Would you recommend the changes?
c. Prepare the Statement of Profit or Loss for (a) and (b).
In: Accounting
Discuss the causes and consequences of the 2007-2009 global financial crisis. What do you think prevented this financial crisis from becoming a depression? Financial regulation has undergone many changes in the wake of the crisis. Discuss some of these changes in regulation. What was the Canadian experience during the financial crisis? Why was Canada spared the worst of the financial crisis?
HERE ARE THE KEY PARTS OF YOUR PAPER:
Provide a brief description of the 2007-2009 global financial crisis.
Detail the responses to the questions provided. Make sure you address all of the questions under each heading.
Provide a concise summary of what you have discussed.
References
You will need at least five sources for this paper.
Cite all ideas, concepts, text, data that are not your own. If you make a statement, back it up with a reference!
In: Economics
Mr. G, age 79 years, has always been physically active. He walks long distances on a daily basis and works out with weights. While lifting weights one day, he experienced severe lower back pain that radiated down his left leg. The leg also felt weak. His doctor diagnosed a herniated intervertebral disk and advised immediate bed rest, with frequent application of heat, and skeletal muscle relaxant drugs.
1. Discuss the pathophysiological changes and the probable location of the changes.
2. Explain why Mr. G. was told to notify the physician immediately if he was unable to urinate.
3. Why is it important for Mr. G. to use muscle relaxant drugs and apply heat at this stage?
4. Discuss possible complications and any further treatment that might be required. 5. Explain why this herniated disk may cause recurrent problems.
In: Nursing
The following work-up steps are part of our second synthesis (“Hydrogenation of a Chalcone”).
a) Add 15 mL of brine and 10 mL of ethyl acetate to the mixture. Shake vigorously, then separate the ethyl acetate layer from the aqueous phase.
b) Extract the aqueous phase again with an additional 5 mL of ethyl acetate.
c) Combine the two ethyl acetate solutions and wash this ethyl acetate layer with 5
mL of brine. Drain the aqueous phase and pour the ethyl acetate solution into a
clean 25-mL Erlenmeyer flask.
d) Dry the organic phase with anhydrous magnesium sulfate for 5 min.”
Which (if any) changes to the outcome of the work-up would you expect for each of the following changes to the procedure?
i) In step a), replace ethyl acetate with hexane.
ii) Omit step b).
iii) In step c), use water instead of brine.
iv) Omit step d).
In: Chemistry
In: Accounting
3. You are considering a new product launch. The project will cost $820,000, have a four-year life, and have no salvage value; depreciation is straight-line to zero. Sales are projected at 450 units per year; price per unit will be $18,000; variable cost per unit will be $15,400; and fixed costs will be $610,000 per year. The required return on the project is 15 percent, and the relevant tax rate is 35 percent.
a. Based on your experience, you think the unit sales, variable cost, and fixed cost projections given here are probably accurate to within ±10 percent. What are the upper and lower bounds for these projections? What is the base-case NPV? What are the best-case and worst-case scenarios?
b. Evaluate the sensitivity of your base-case NPV to changes in
fixed costs. For every dollar increase in fixed cost, by how much
the NPV changes? c. What is the accounting break-even level of
output for this project?
In: Finance