Questions
Which of these describes a labor market in which most of a small town's workers are...

Which of these describes a labor market in which most of a small town's workers are employed by one large company?

A.

oligopoly

B.

monopoly

C.

monopolistic competition

D.

monopsony

When a labor market is imperfect due to market power by a firm, the result in that market typically is:

A.

more workers hired than in a competitive market, at a wage above their marginal value.

B.

fewer workers hired at a wage above their marginal value.

C.

more workers hired than in a competitive market, at a wage below their marginal value.

D.

fewer workers hired at a wage below their marginal value.

Suppose Alcoa, Inc. is a monopsonist employer in the town of Alcoa, TN. Using the concept of marginal factor cost, each time Alcoa increases the number of workers it hires, it will:

A.

pay a higher wage, resulting in an even higher marginal factor cost.

B.

pay a lower wage, resulting in a lower marginal factor cost.

C.

pay a higher wage, but lead to a lower marginal factor cost.

D.

pay a lower wage, but lead to a higher marginal factor cost.

Which measurement rises most quickly as more labor is hired?

A.

the supply of labor

B.

the marginal revenue product of labor

C.

the marginal factor cost of labor

D.

the value of the marginal product of labor

Which financial instrument is strictly an IOU?

A.

private equity capital

B.

corporate bond

C.

venture capital

D.

a share of stock

In: Economics

Following is the case study description from the Epidemiology assignment: A 27-year old white female presented...

Following is the case study description from the Epidemiology assignment: A 27-year old white female presented at the walking clinic of her local physician on August 15. On physical exam, the patient had a fever of 38.5C. She appeared fatigued, had tender joints, and complained of a headache, a stiff neck and a backache. The physician noticed a circular "rash" about 5 inches in diameter, with a bright red leading edge and a dim center in the form of a "bull’s eye". The physician noted an irregular heart beat. The patient complained of lack of ability to concentrate.

The patient gave the following history: She is a graduate student in the wildlife program at the university in town. She was in the field for three weeks in Wisconsin during the months of May and June. She tracks small mammals in the field and studies their behavior. It had been a warm, wet spring and she complained of a large number of biting flies, mosquitoes and ticks in the area. She felt well until about 2 weeks after returning to her home. Since that time, many of her symptoms had progressed. She finally found that she could take it no more.

What non-specific (line 1 or line 2) defenses were in place to combat this infection? How do they prevent infections? In what ways could these defenses be breached? (Think about this from the host side, as well as features that the pathogen could have).


In: Biology

A rare form of malignant tumor occurs in 11 children in a​ million, so its probability...

A rare form of malignant tumor occurs in 11 children in a​ million, so its probability is 0.000011. Four cases of this tumor occurred in a certain​ town, which had

15915 children.

a. Assuming that this tumor occurs as​ usual, find the mean number of cases in groups of

15915 children.

b. Using the unrounded mean from part

​(a​),

find the probability that the number of tumor cases in a group of

15915

children is 0 or 1.

c. What is the probability of more than one​ case?

d. Does the cluster of four cases appear to be attributable to random​ chance? Why or why​ not?

a. The mean number of cases is

?

​(Type an integer or decimal rounded to three decimal places as​ needed.)

b. The probability that the number of cases is exactly 0 or 1 is

?

​(Round to three decimal places as​ needed.)

c. The probability of more than one case is

?

​(Round to three decimal places as​ needed.)

d. Let a probability of 0.05 or less be​ "very small," and let a probability of 0.95 or more be​ "very large". Does the cluster of four cases appear to be attributable to random​ chance? Why or why​ not?

A.

​No, because the probability of more than one case is very small.

Your answer is correct.

B.

​Yes, because the probability of more than one case is very small.

C.

​Yes, because the probability of more than one case is very large.

D.

​No, because the probability of more than one case is very large.

In: Statistics and Probability

Case Study Organophosphate Poisoning John has a number of prize apple trees in his backyard. To...

Case Study Organophosphate Poisoning

John has a number of prize apple trees in his backyard. To prevent them from becoming infested with insects, he sprayed them with an organophosphate insecticide. He was in a rush to spray the trees before leaving town on vacation, and he failed to pay attention to the safety precautions on the packaging. He sprayed the trees without using any skin or respiratory protection. Soon he experienced severe stomach cramps, double vision, difficulty breathing, and was diagnosed with organophosphate poisoning. While in the emergency room, his physician administered a drug, and soon many of john’s symptoms subsided.

Organophosphate insecticides exert their effects by binding to the enzyme acetylcholinesterase within synaptic clefts, rendering it ineffective. Thus, the organophosphate poison and acetylcholine “compete” for the acetylcholinesterase as the organophosphate poison increases in concentration the enzyme is less effective in degrading acetylcholine. Organophosphate poisons affect synapses in which ACh is the neurotransmitter, including skeletal muscle synapses and some smooth muscle synapses, such as the wall of the stomach, intestines, and air passageways.

Question:
Explain the spastic contractions that occurred in John’s skeletal muscles. Include the function of this enzyme in normal muscle contractions, how increases in acetylcholine and less acetylcholinesterase affects skeletal muscle, what would happen if John did not get to the hospital and why this would happen. To answer this question fully you will write at least a paragraph.

In: Anatomy and Physiology

The Chocolate Ice Cream Company and the Vanilla Ice Cream Company have agreed to merge and...

The Chocolate Ice Cream Company and the Vanilla Ice Cream Company have agreed to merge and form Fudge Swirl Consolidated. Both companies are exactly alike except that they are located in different towns. The end-of-period value of each firm is determined by the weather, as shown below. There will be no synergy to the merger.

State Probability Value
Rainy .1 $ 280,000
Warm .4 460,000
Hot .5 920,000

  

The weather conditions in each town are independent of those in the other. Furthermore, each company has an outstanding debt claim of $460,000. Assume that no premiums are paid in the merger.

a.
What are the possible values of the combined company? (Do not round intermediate calculations.)

Possible states Joint Value
Rain-Rain $
Rain-Warm
Rain-Hot
Warm-Warm
Warm-Hot
Hot-Hot

  

b. What are the possible values of end-of-period debt and stock after the merger? (Leave no cells blank - be certain to enter "0" wherever required. Do not round intermediate calculations.)

Debt Value Stock Value
Rain-Rain $ $
Rain-Warm
Rain-Hot
Warm-Warm
Warm-Hot
Hot-Hot

c. How much do stockholders and bondholders each gain or lose if the merger is undertaken? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations.)

Bondholder gain/loss $
Stockholder gain/loss $

In: Finance

Before you go into your boss’s office (the COO) for a meeting, you hear him berating...

Before you go into your boss’s office (the COO) for a meeting, you hear him berating the CFO about a local building project your company is currently pursuing.

CFO: “But, Todd, according to the latest projections from the university next year, they anticipate a 22 percent decrease in enrollment. These are the very students we were targeting this complex for. This could result in an estimated loss of revenues of nearly 30 percent!”

COO: “Alex, I’m sick of this discussion. According to your numbers, we’ve already spent $200,000 on the foundation and pipe laying for the utilities to that apartment complex. You’re wanting us to abandon all the money we’ve spent on this project?”  

For the meeting, you are holding in your hand the projections you’ve just finished in order to give to the two officers in the C-suite. It shows the following:

                        Estimated population growth of community over the next 5 years = -1.4 percent

                        Estimated revenues from decreased enrollment projections = $77,000

                        Estimated variable costs from operating complex when opened = $90,000

                        Analysis of community trends: small-town atmosphere, mostly retired homeowners; not expecting growth in middle-class due to COVID-19 effects; college population decreasing

                        Confidence in above estimates= 88 percent

Upon going into the office, the two men look at you quizzically. The COO looks at you and asks your advice. What do you tell him?

In: Economics

The Dove Spa was a massage parlor, which the police suspected was operating as a prostitution...

The Dove Spa was a massage parlor, which the police suspected was operating as a prostitution enterprise, but they had no direct evidence to prove it. The police department decided to initiate an undercover operation in which a plainclothes detective entered and asked for the services of one of the women working there. The woman, of course, did not know he was a police officer, or was wearing a hidden microphone. For $100 and a $35 tip, she fondled the officer’s genitals. The same officer went back to the massage parlor four more times. Over a period of five months, the same officer also visited the massage parlor in another town and allowed the women, who were Chinese immigrants, to fondle him in exchange for cash. This was done in an apparent effort to investigate suspected prostitution and human trafficking. Ultimately, 30 police officers raided two businesses and arrested six people—four alleged prostitutes and two alleged pimps. The undercover methods were defended by the police, but were criticized by legal experts and women’s advocates as “excessive, unnecessary, and misapplied” to an investigation that involved suspected human trafficking.

Evaluate the moral permissibility of police officer’s actions in conducting this investigation using the critical thinking skills listed below:

-Isolate and evaluate the relevant facts on both sides

, -Identify the precise moral question to be answered, and

- Apply ethical principles to the moral question based on an objective evaluation of the facts, only then drawing a conclusion.

In: Psychology

Answer A through D, please! Currently Sam and Carla have the only taxi services in a...

Answer A through D, please!

Currently Sam and Carla have the only taxi services in a small town. Both Sam and Carla are thinking about discounting their respective fares by 20% to attract more business.

The possible outcomes of this game are as follows.

First: Sam offers discounts, while Carla does not, which will result in Sam earning $800 in profit and Carla earning $300 in profit.

Second: Sam and Carla both offer discounts, which will result in Sam earning $200 in profit and Carla earning $500 in profit.

Third: Sam and Carla both do not offer discounts, which will result in Sam earning $600 in profit and Carla earning $700 in profit.

Fourth: Carla offers discounts, while Sam does not, which will result in Sam earning $100 in profit and Carla earning $1,000 in profit.

a) Please construct a payoff matrix for Sam and Carla uses the outcomes above. (You can use the Table Function in Word to create a payoff matrix.)

b) Does Sam have a dominant (optimal) strategy? Please explain your answer.

c) Does Carla have a dominant (optimal) strategy? Please explain your answer.

d) Is there an equilibrium (Nash Equilibrium) solution to this problem where we can predict the strategy of both Sam and Carla? Please explain your reasoning.

In: Economics

Read through the examples below and identify the positive, negative, or cognitive symptoms of schizophrenia. Choose...

Read through the examples below and identify the positive, negative, or cognitive symptoms of schizophrenia. Choose any 3 to answer. You must explain whether it is a positive/negative/cognitive symptoms and WHY it is positive/negative/cognitive. Elaborate on the type of symptom.

2. Alice does not smile or frown. It does not matter whether she hears a joke or receives bad news. In fact, it seems as if she has no feelings. Sometimes she will sit or stand in the same position for hours and hours and hours without shifting or moving in the slightest.

3. Thomas believes he is Jesus and so goes into the middle of downtown and stands on the town square and starts preaching out loud to the people passing by. He claims that he can cure the sick and help the disabled walk again. If he sees someone drinking he tells them they are going to hell and should come forward and ask for total forgiveness of their sins, which he alone can grant. He is unkempt, wearing multiple layers of clothes no matter the weather. When arrested for disturbing the peace, Thomas yells.

4. Priya receives a lot of junk mail from various organizations asking her to donate money. She believes that the mail is from the IRS and that the government is trying to get information and money from her. She is afraid that co-workers have injected her with something to keep her from telling the government the company secrets.

In: Psychology

According to a recent study annual per capita consumption of milk in the United States is...

According to a recent study annual per capita consumption of milk in the United States is 22.6 gallons. Being from the Midwest, you believe milk consumption is higher there and wish to test your hypothesis. A sample of 14 individuals from the Midwestern town of Webster City was selected and then each person's milk consumption was entered into the Microsoft Excel Online file below. Use the data to set up your spreadsheet and test your hypothesis.

 
Gallons of Milk
28.3
23.84
25.25
21
17.52
19.61
19.83
26.18
34.97
30.1
28.59
20.57
26.94
27.24

Open spreadsheet

  1. Develop a hypothesis test that can be used to determine whether the mean annual consumption in Webster City is higher than the national mean.

    H0: ? _________> 22.6≥ 22.6= 22.6≤ 22.6< 22.6≠ 22.6

    Ha: ? _________> 22.6≥ 22.6= 22.6≤ 22.6< 22.6≠ 22.6

  2. What is a point estimate of the difference between mean annual consumption in Webster City and the national mean?

    (2 decimals) ______

  3. At ? = 0.01, test for a significant difference by completing the following.

    Calculate the value of the test statistic (2 decimals).

    _______

    The p-value is  (4 decimals)

  4. Reject the null hypothesis?

    _____NoYes

    What is your conclusion?

    _________There is insufficient evidence to conclude that the population mean consumption of milk in Webster City is greater than the hypothesized mean.Conclude the population mean consumption of milk in Webster City is greater than the hypothesized mean.

In: Math