A movie theater faces the following hourly inverse demand curves:Seniors: PS= 12 – 0.5QAdults: Pa= 19 – QThe marginal cost is constant at $1.

a.If the movie theater uses segmenting, calculate the ticket prices charged to adults and seniors.

b.How much producer surplus does the movie theater earn from segmenting?

c.Now suppose the movie theater is legally prevented from using segmenting. What price will the movie theater charge per ticket? How much producer surplus will it earn?

What kind of forward and backward linkages would each of the following publicly funded program might have? Comment on the number, strength, and intrinsic profitability of the linkages. Do you recommend that this initiative should be funded by the government or should it be left to the private sector?

a. Construction of a big hospital in a rural area where is no such hospital for 200 miles.

b. Creation of a large public park that from purchasing private agricultural property from private landowners.

c. Discovery and development of large deposits of natural gas

20. An existing public park serving 1.8 Million visitor/year is to be improved. Initial cost is SR 2.25 Million and the annual operating and maintenance cost starts with SR 0.145 Million during the first year and increases 3%/year thereafter. The planning horizon is 20 years, the salvage value is 32% of the initial cost, and the interest rate is 10%. The minimum additional benefits/visit that will justify the facility improvement is closest to: a) SR 0.17 b) SR 0.24 c) SR 0.15 d) SR 0.3

Question 8

The allele frequency of R is 0.8 and r is 0.2. If the population is in Hardy-Weinberg equilibrium, what is the frequency of heterozygotes?

Question 9

The transfer of an antibiotic resistant gene from one bacterial species to a different species is and example of

Question 10

The allele frequencies for a population are A = 0.6 and a = 0.4. Conditions change and fitness values are now AA = 0.3, Aa = 0.7 and aa = 1.0. What is the mean fitness of the population?

Consider the following regression model. Weekend is whether or not the visit was on a weekend. Distance is how far the guests have to travel to get to the amusement park. Rides and Games are the number of rides and games, respectively. Clean is a cleanliness score from 1-10. Num.Child is the number of children with the guest. Wait is the average wait time for the rides.

Multiple R-squared: 0.8632,

Adjusted R-squared: 0.8787

F-statistic: 151.6 on 7 and 492 DF, p-value: .00000000022

Coeffiients:

Estimate Std. Error t value Pr(>ItI)

(Intercept) -140.61254 7.15405 -19.655 0.0000016

wekend -0.71573 0.80870 -0.885 0.376572

distance 0.04494 0.01219 3.686 0.000253

rides 0.61361 0.01219 5.072 0.0000059

games 0.13833 0.05872 2.356 0.18882

clean 0.92725 0.13593 6.821 0.000061

num.child 3.61602 0.26980 13.403 0.000025

wait 0.56476 0.04064 13.896 0.000031

a) do you think that this is a good regression model? Why or why not?

b)should all of the input variables in the model be included? If not, which variables should be removed from the model and why?

c) Generate a point estimate for the satisfaction level of an amusement park visit that is on a Friday, to an amusement park that is 63 miles away, that has 20 rides and 15 games. The park has a cleanliness score of 8, and an average wait time for each ride of 10 minutes. The guest has 3 children with them.

Cluster analysis has a number of optional metrics. Identify the Euclidean, Manhattan, and Farthest First distances for each of the following cases to the two clusters given the following data (which has been transformed to a 0-1 scale).

Assume that a new theater is opening near campus. The theater owner wants lots of students to come to see movies, but is nervous about what influences their demand. Through masterful research, the theater owner discovers the following is true about demand for his theater tickets:

Own Price Elasticity    =   3.5      
Cross Price Elasticity    =   2.2      
Income Elasticity    =    4.7

If the owner lowers his price by 20%, by how much will quantity demand change? Show all work.

If the competing theater raises his price by 8%, by how much will quantity demand change at this new theater? Show all work.

If students at the Mount get 9% more income, by how much will demand for tickets change? Show all work.

If incomes fall by 5%, by how much does the theater owner need to lower his price to keep the same number of customers as before? (i.e. to keep quantity demand the same as before the drop in income). Show all work.

a. Expected Return: Discrete Distribution

A stock's return has the following distribution:

Calculate the standard deviation. Round your answer to nearest two decimal places.

b. The market and Stock J have the following probability distributions:

Calculate the standard deviation for the market and Stock J. Round your answer to nearest two decimal places.