Fill in the blanks.

Players,(....) , and payoffs are the defining characteristics of a game. At the Nash equilibrium of a game, everyone is playing a (....) .

A firms long-run supply curve is the portion of the [... ] cost that is above the marginal cost curve. The long-run competitive market equilibrium price must be such that all firms earn zero profit because [ ... ] .

If [.......] is greater than marginal cost the firm can increase profits by producing more output.

The following is an example of a source of monopoly power: [ ......] . The monopoly market output is inefficient due to [...] .

Amusement parks generally charge a lower price for admissions for children; this is an example of [.. ] price discrimination. If the amusement park could charge every individual their exact willingness to pay then this would be [ ...... ] price discrimination.

You are an event management company. Your customers want you to create an event with the 'wow' factor was the brief given to you by North Cypriot Young Businessman Association who were looking to hold a conference followed by an evening of entertainment for 200 guest with overnight accommodation with Palm Beach Hotel. They are going to invite investors from Turkey to make them invest in North Cyprus by the means of Tourism. As an event management company what kind of solutions can you offer them. Design an event and make your customers happy. You have a 100.000 USD budget. Just give a tentative budget doesn’t have to be too detailed. -WRITE MAXIMUM 500 WORDS

4. Which of the following pricing practices represents price discrimination? Explain.

a. Local businesses in a small college town offer a 10% discount to anyone showing a student ID card.

b. Fred’s Fridges advertises a one-day sale on refrigerators. The ad specifies that no phone orders are accepted and that the buyer must transport the refrigerator.

c. A hardback copy of the last Harry Potter book sold for $30 at an independent bookstore; but for $25 at the local outlet of a national bookstore chain.

d. Freshman tuition and fees at Penn State-University Park for academic year 2018-2019 was about $18,000 for Pennsylvania residents and $35,000 for out-of-state students (a pricing pattern that is typical of state universities.)

Question 5

You visit the new Chaco Hotel rooftop bar in old town. You're taking pictures of the fabulous views using your new $1,000 phone. Oops! The phone slips out of your hands plummeting to the ground 60 feet below. Ignoring air resistance. how fast is your phone traveling by the time it hits the ground ? [ Hint: 1 meter = 3.28 feet ] ( Circle one answer)

A.) 19mph

B.) 42 mph

C.) 37mph

D.) 602 mph

I am doing test corrections for my physics exam I put C(37mph and that was incorrect. Can you please help with this question very confused about it.

A) Which of the following statements are true?

Note that there may be more than one correct answer; select all that are true.

B) Test the null hypothesis H0:p=0.5against the alternative hypothesis HA:p<0.5, when 95 individuals in a random sample of 217 have a characteristic of interest.

Calculate the value of the z test statistic, for testing the null hypothesis that the population proportion is 0.5. Round your response to at least 2 decimal places.

The P-value falls within which one of the following ranges:

What conclusion can be made, at the 5% level of significance?

C) Test the null hypothesis H0:p=0.8against the alternative hypothesis HA:p>0.8, when 806 individuals in a random sample of 1,002 have a characteristic of interest.

a) Calculate the value of the z test statistic, for testing the null hypothesis that the population proportion is 0.8. Round your response to at least 2 decimal places.

b) Find the corresponding P-value for the above test statistic.Round your response to at least 4 decimal places.

c) What conclusion can be made, at the 10% level of significance?

D) Suppose a random sample of size 9 is taken from a normally distributed population, and the sample mean and variance are calculated to be x¯=47.2 and s2=4.5respectively.

Use this information to test the null hypothesis H0:μ=50versus the alternative hypothesis HA:μ≠50, at the 5% level of significance.

a) What is the value of the test statistic t, for testing the null hypothesis that the population mean is equal to 50? Round your response to at least 2 decimal places.

b) The P-value falls within which one of the following ranges:

c) Is the null hypothesis rejected at the 5% level of significance? Yes or No

Tharaldson Corporation makes a product with the following standard costs: Standard Quantity or Hours Standard Price or Rate Standard Cost Per Unit Direct materials 7.7 ounces $ 2.00 per ounce $ 15.40 Direct labor 0.2 hours $ 11.00 per hour $ 2.20 Variable overhead 0.2 hours $ 4.00 per hour $ .80 The company reported the following results concerning this product in June. Originally budgeted output 3,100 units Actual output 2,500 units Raw materials used in production 22,300 ounces Purchases of raw materials 23,400 ounces Actual direct labor-hours 450 hours Actual cost of raw materials purchases $ 45,100 Actual direct labor cost $ 13,100 Actual variable overhead cost $ 3,550 The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased. The labor rate variance for June is:

Multiple Choice

$8,150 U

$2,809 F

$2,809 U

$8,150 F

Wadding Corporation applies manufacturing overhead to products on the basis of standard machine-hours. For the most recent month, the company based its budget on 4,500 machine-hours. Budgeted and actual overhead costs for the month appear below:

The company actually worked 4,520 machine-hours during the month. The standard hours allowed for the actual output were 4,510 machine-hours for the month. What was the overall variable overhead efficiency variance for the month?

Garrison 16e Rechecks 2017-10-31

Multiple Choice

$800 Favorable

$270 Favorable

$229 Favorable

$112 Unfavorable

The Fime Corporation uses a standard costing system. The following data have been assembled for December:

The standard hours allowed for December’s production is:

Multiple Choice

5,100 hours

5,400 hours

6,000 hours

5,700 hours

Miguez Corporation makes a product with the following standard costs:

The company budgeted for production of 4,500 units in September, but actual production was 4,400 units. The company used 7,340 liters of direct material and 1,870 direct labor-hours to produce this output. The company purchased 7,700 liters of the direct material at $9.10 per liter. The actual direct labor rate was $43.10 per hour and the actual variable overhead rate was $3.70 per hour.

The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased.

The variable overhead rate variance for September is:

Multiple Choice

$374 F

$264 F

$264 U

$374 U

The following labor standards have been established for a particular product:

The following data pertain to operations concerning the product for the last month:

What is the labor efficiency variance for the month?

Multiple Choice

$19,401 F

$16,125 F

$19,401 U

$16,641 F

At Eady Corporation, maintenance is a variable overhead cost that is based on machine-hours. The performance report for July showed that actual maintenance costs totaled $10,480 and that the associated rate variance was $330 unfavorable. If 5,800 machine-hours were actually worked during July, the standard maintenance cost per machine-hour was:

Multiple Choice

$1.75 per MH

$1.86 per MH

$1.92 per MH

$1.81 per MH

The following standards for variable manufacturing overhead have been established for a company that makes only one product:

The following data pertain to operations for the last month:

What is the variable overhead efficiency variance for the month?

Multiple Choice

$600 U

$15,930 F

$13,865 U

$14,465 U

1-Look up the requested values using book tables. You may check with a calculator, but enter the table value.

   Let T denote a t-distribution variable with 14 degrees of freedom. Find:

P(T>1.761)=?

Note: Enter X.XX AT LEAST ONE DIGIT BEFORE THE DECIMAL, TWO AFTER and round up. Thus, 27 is entered as 27.00, 3.5 is entered as 3.50, 0.3750 is entered as 0.38

2-Look up the requested values using book tables. You may check with a calculator, but enter the table value.

     Find the normal distribution P VALUE used for a Greater Than one-sided alternative hypothesis test with a test statistic z=2.32.

Note: Enter X.XX AT LEAST ONE DIGIT BEFORE THE DECIMAL, TWO AFTER and round up. Thus, 27 is entered as 27.00, 3.5 is entered as 3.50, 0.3750 is entered as 0.3

3-Look up the requested values using book tables. You may check with a calculator, but enter the table value.

     Find the standard normal distribution Critical VALUE used for a Less Than one-sided alternative hypothesis test with a 1% significance level.

Note: Enter X.XX AT LEAST ONE DIGIT BEFORE THE DECIMAL, TWO AFTER and round up. Thus, 27 is entered as 27.00, 3.5 is entered as 3.50, 0.3750 is entered as 0.3

4-Look up the requested values using book tables. You may check with a calculator, but enter the table value.

   Let T denote a t-distribution variable with 25 degrees of freedom. Find:

P(T<-0.684)=?

Note: Enter X.XX AT LEAST ONE DIGIT BEFORE THE DECIMAL, TWO AFTER and round up. Thus, 27 is entered as 27.00, 3.5 is entered as 3.50, 0.3750 is entered as 0.38

5-Use a CALCULATOR to compute the below probability.

     Suppose a basketball player hits and average of 60% of his free throws. In a game with 15 independent free throws, what is the probability he makes exactly 12 baskets?

Note: Enter X.XX AT LEAST ONE DIGIT BEFORE THE DECIMAL, TWO AFTER and round up. Thus, 27 is entered as 27.00, 3.5 is entered as 3.50, 0.3750 is entered as 0.3

1. a) Based on recent statistics, Green Way Airlines expects 4.2% of its customers will be “no shows”. If the airline sold 260 seats for a flight, how many people would the airline expect as “no-shows”? (Round to the nearest whole number)

b) If the airplane can hold 254 passengers, can all those who show up at the gate get on the plane? Explain

2. JK Builders bought 35 acres of land for a housing development. They will give 1.75 acres to the city for a playground and subdivide the remaining land into house lots of 0.875 acres. How many house lots can be formed?    

3. The average snowfall amounts for 5 winter months in Burlington, Vermont are given in the table.

    a) Find the mean snowfall amount.   

   b) Find the median snowfall amount.                                                                                                             

4. Volunteers from Habitat for Humanity are painting 16 interior walls in new homes that have been built. Each wall measures 14 feet by 6 2/3 feet.

a) If a gallon of paint covers 400 square feet, how many gallons will be required to paint all the walls? (Round to next whole number)

b) If each gallon costs $27.95, find the cost of the project.

5. In a recent year, wind machines in the United States generated 17.8 billion kilowatt-hours of electricity (enough to power more than 1.6 million households). The nation’s total electricity production was 4450 billion kilowatt-hours. What percent of the total electrical energy production was generated by wind machines?

6. If a 5 1/4 inch line on a map represents a 9-mile road, how many miles would be represented by a 3 1/2 inch line?

7. At a fire sale, items are being sold at 3/4 off the marked price. What is the sale price of an item that has a marked price of $156?

8. Sixteen ounces of mouthwash costs $3.49 while a 33-ounce container of the same brand costs $6.99. Which is a better buy? Why?

9. The price of gasoline jumped from $3.24 per gallon to $4.05 per gallon in one year. What was the percent increase?

10. You buy 2.75 yards of material at $4.80 per yard and pay $0.87 sales tax. What is the total cost for your purchase?

11. Ruth orders clothes from a retail catalog. She orders two turtleneck tops for $35 each, two pairs of stretch pants for $45 each, one winter jacket for $130, and three leather belts for $25 each. The shipping and handling charge for the order is $15. What is the total charge for Ruth’s order?

12. A recipe for a wedding punch calls for 12 quarts of champagne. If the champagne comes in bottles that are 4/5 of a quart, how many bottles of champagne would be needed?

13. One bank offers a 4-year car loan at an annual simple interest rate of 7% plus a loan application fee of $45. A second bank offers 4-year car loans at an annual simple interest rate of 8% but no loan application fee. If you need to borrow $5800 to purchase a car, which of the two bank loans has the lesser loan cost? (Assume you keep the car for all 4 years.)

14. In a recent survey of new car buyers, 20 of 63 men said they would prefer to buy a silver car while 16 of 49 women said they would prefer silver.

a) Which group has a stronger preference for silver cars?

b) Explain your answer

15. How many acres are contained in 1 square mile? (1 mile = 5280 ft.; 1 acre = 43,560 sq. ft.)

(1) Covert a Hexadecimal to decimal (there is a video for you to watch too). Then write a program that can convert a binary to decimal (only for integer case).

a) Directly use Java built-in method to do this. In this case, only couple lines of code. Hint: Study Integer class in Java.

b) Write your own code to convert a binary to decimal from scratch. The input is a binary string. The program output is its corresponding decimal value. This way you need to design the algorithm.