Questions
To produce a certain product, there are two competing processes under consideration. Process A requires acquisition...

To produce a certain product, there are two competing processes under consideration. Process A requires acquisition of a new machine that is estimated to have an initial cost of $30,000 and a salvage value of $12,000 at the end of its useful life of 6 years. In addition, the process requires a fixed cost of $47,000 per year and a variable cost of $250 per day. Alternatively, Process B requires the use of human labor. The process will need 6 workers, each earning $100 per day and will have a fixed cost of $20,000 per year and additional variable costs of $200 per day.

a) Draw the cash flow diagrams of each alternative process.

b) Discuss which equivalent worth method(s) may be appropriate to use in the solution of the problem. Express the assumption(s) you should make.

c) State the factor of interest to consider for this problem.

d) Determine the minimum number of days per year required for the two processes to break even at an interest rate of 2% per year. Note that you should explicitly write down your formulation using engineering formulations.
  
  
e) If company predicts to produce this product no more than 90 days a year, which process to choose do you recommend to the company? Explain.

In: Economics

Circle the cause/effect structure. Underline the causes and double underline the effects. 1. Based at years...

Circle the cause/effect structure. Underline the causes and double underline the effects.

1. Based at years of scientific data, the majority of climate scientists now support the idea that climate change is a result of human activity.

2.   One effect of a mother’s heavy alcohol during pregnancy is a baby born with low birthweight.

3.   Bullying, which can be defined as the use of violent actions and / or threatening language to cause physical, social, or psychological harm, is a common cause of depression, social isolation, and low school performance in middle school students.

4. The theory of Natural Selection states that organisms change as a response to changes in their environment.

5. Regular visits to green spaces such as parks, forests, and rural areas have a positive effect on people’s moods.

6. Strong academic performance in elementary school is often attributed to the parents’ readiness to help their children with homework.

7. The overall health of a nation is directly linked to the health of the population. Therefore, governments need to take measures to ensure the people are healthy.

8. Because of extensive time living in China, some native speakers of English are highly proficient in Chinese.

9. Early voter registration usually results in better voter turnout.

10. Wet environments and hot weather are two factors that contribute to insect-borne illnesses.

In: Nursing

4. The catch-up effect Consider the economies of Hermes and Gribinez, both of which produce glops...

4. The catch-up effect

Consider the economies of Hermes and Gribinez, both of which produce glops of gloop using only tools and workers. Suppose that, during the course of 30 years, the level of physical capital per worker rises by 5 tools per worker in each economy, but the size of each labor force remains the same.

Complete the following tables by entering productivity (in terms of output per worker) for each economy in 2020 and 2050.

Year

Hermes

Physical Capital Labor Force Output Productivity
(Tools per worker) (Workers) (Glops of gloop) (Glops per worker)
2020 7 30 1,800
2050 12 30 2,160
Year

Gribinez

Physical Capital Labor Force Output Productivity
(Tools per worker) (Workers) (Glops of gloop) (Glops per worker)
2020 4 30 900
2050 9 30 1,620

Initially, the number of tools per worker was higher in Hermes than in Gribinez. From 2020 to 2050, capital per worker rises by 5 units in each country. The 5-unit change in capital per worker causes productivity in Hermes to rise by a (larger/smaller) amount than productivity in Gribinez. This illustrates the (natural resources/human captial/catch-up/technology) effect.

In: Economics

2. In one of the firms, the staffs are working in 4 different units. All of...

2. In one of the firms, the staffs are working in 4 different units. All of them using a statistical package to do their job. The CEO of the firm claims that there is a relationship between the statistical package and units of the firm. The units in the firm are Human Resources, Information Technologies, Accounting, and Finance. The packages used in the firm are EViews, Stata, SPSS Test this claim with 0.05 significance level by using the correct test and showing each calculation step in Ms Word file. You have to use the same steps which we used in the lecture. You can find the steps from lecture slides or recorded video. SEND IT IN MS WORD FORMAT NOT SCREENSHOT

a) Find the expected value for each cell by showing each step of the calculations. (10 points) If you don’t show each step, you will get 0

b) Find the Chi-Square calculated by showing each step of the calculations. (20 points) If you don’t show each step, you will get 0

c) Find the Chi-Square Table value (10 points)

d) Write your decision (10 points)

EView

Stata

SPSS

HM

40

40

30

IT

50

80

20

Accounting

60

40

10

Finance

50

20

30

In: Statistics and Probability

Utilizing the XYZ Conflict Model, complete the four situations below. Write the XYZ statement you would...

Utilizing the XYZ Conflict Model, complete the four situations below. Write the XYZ statement you would use to resolve the conflict, keeping in mind the goal of maintaining human relations.

  1. A co-worker has asked you to go out after work for the second time. The first time you gave an excuse for not being able to go, but you really don’t want to out with this person. What would you say?

X

Y

Z

  1. A co-worker keeps coming to your work area to socialize. You have been talking as long as the person wants to. But it is affecting getting your work done and you have had to stay late. What would you say

X

Y

Z

  1. A co-worker has been taking it easy and not doing his share of the work on your two person assignment. You have had to do more than your share, and you don’t want it to continue. What would you say?

X

Y

Z

  1. A co-worker is playing music loudly for the third time this week. You don’t like the music and it affects your ability to concentrate. You haven’t said anything until now. What are you going to say?

X

Y

Z

In: Accounting

● How do Dopamine Receptors react when you are obese? Why is the obese person compiled...

● How do Dopamine Receptors react when you are obese? Why is the obese person compiled to overeat? Compare the Dopamine release between the normal weight and overweight person.

● What does high processed foods mean? Are high processed food “healthful”? Explain your answer.

● How does the gut microbes control what you consume?

● What are poop pills and how are they consumed? What are fecal transplants? How would colonoscopy help? You you take the poop pill if the weight loss is true?

● What is sucrose.How do rats respond to the learned reaction to sucrose?

● How does habits become a compulsive behavior with seeking rewards?

● What impacts do foods have on the baby during pregnancy? Such as the child’s early life, brain, and immune system, mood, and microbio profile. How do these impact relate to the mental and physical health of the body?

● What do you think about the Health Attack restaurant and the Evil Doctor?

● Would you go visit the Heart Attack restaurant? Why or why not? Are you curious who goes into that restaurant and if you would get a free meal?

● How much fat does the human brain have? HINT, the number is not 60%. The number should be from the movie not from Google.

In: Nursing

1) Which of the following are arguments for why the coronavirus is unlikely to have a...

1) Which of the following are arguments for why the coronavirus is unlikely to have a significant long-run negative impact on economic growth?

In the long run output is determined by technology, labor, capital, human capital, and natural resources.

Even America’s worst economic downturn (the Great Depression) did not have a significant long-run negative impact on economic growth.

Both A and B are incorrect.

Both A and B are correct.

2) The coronavirus will likely have the smallest unemployment effects on which segment of the labor force?

Workers with less than a high school degree.

Workers with only a high school degree. Workers with a bachelor’s degree or higher.

Across all education levels, there will likely be equal unemployment effects.

The coronavirus shock can be modeled as a ___________ and a ___________.

decrease in aggregate demand; decrease in short-run aggregate supply

decrease in aggregate demand; increase in short-run aggregate supply

increase in aggregate demand; decrease in short-run aggregate supply

increase in aggregate demand; increase in short-run aggregate supply

4)  With the 1957-58 recession __________.

there was the largest decline in real GDP in post WWII history

unemployment was more severe than during the Great Depression

policymakers did nothing to aid an economic recovery

all of the above are correct

In: Economics

In the model Yi = β0 + β1X1 + β2X2 + β3(X1 × X2) + ui,...

In the model Yi = β0 + β1X1 + β2X2 + β3(X1 × X2) + ui, suppose X1 increased by 1 unit, then expected effect for Y is (How much Y will increase?):

A. β1.

B. β1 + β3X2.

C. β1 + β3X1.

D. β1 + β3.

The interpretation of the slope coefficient in the model ln(Yi) = β0 + β1 ln(Xi)+ ui is as follows:

A. a 1% change in X is associated with a change in Y of 0.01 β1.

B. a change in X by one unit is associated with a 100 β1 % change in Y.

C. a change in X by one unit is associated with a β1 change in Y.

D. a 1% change in X is associated with a 100β1 % change in Y.

Diogenes was asked concerning paintings of those who had escaped shipwreck: "Look, you who think the gods have no care of human things, what do you say to so many persons preserved from death by their especial favor?", to which Diogenes replied: "Why, I say that their pictures are not here who were cast away, who are by much the greater number." What kind of internal invalidity did Diogenes think the original question suffered from?

A. Sample Selection Bias

B. Omitted Variable Bias

C. Errors-in-Variables Bias

D. Simultaneous Causality Bias

In: Statistics and Probability

1.The Industrial Revolution in England in large was the result of technological innovations that were financed...

1.The Industrial Revolution in England in large was the result of

technological innovations that were financed mainly by government spending.

population growth.

growth in human capital.

technological innovations encouraged by the market system.

2. If new capital increases labor productivity, the supply of labor ________ and the demand for labor ________.

decreases; stays the same

increases; decreases

stays the same; increases

increases; increases

3. Labor growth depends mainly on ________ and labor productivity growth depends on ________.

population growth; technological advances

growth in real GDP per person; growth rate of capital

growth in real GDP per person; technological advances

population growth; increases in real GDP

4.The labor demand curve slopes downward because

workers supply more hours of work when the real wage rate rises.

the firm maximizes profits by hiring more labor when the real wage rate rises.

the firm maximizes profits by hiring more labor when the real wage rate falls.

workers supply fewer hours of work when the real wage rate rises.

5. We are interested in long-term growth primarily because it brings

lower price levels.

higher standards of living.

higher price levels.

trade wars with our trading partners.

In: Economics

Answer these questions regarding DNA libraries: In creating a genomic DNA library, what is the FIRST...

Answer these questions regarding DNA libraries:

In creating a genomic DNA library, what is the FIRST step?

a.

Fragmenting the DNA into manageable pieces               

b.

Screening clones  

c.

Transforming recombinant DNA into bacteria

d.

Ligating DNA into plasmids  

Sometimes artificial chromosomes (AC) constructed from bacterial (BACs) or yeast (YACs) DNA are used to harbor genomic DNA for libraries (e.g., the human genome project). Why are BACs/YACs often used instead of traditional plasmid DNA for the construction of genomic libraries?

a.

genomic plasmid DNA cannot be efficiently ligated

b.

Typical plasmid DNA vectors can only harbor DNA up to a certain size (~3,000 bp)  

c.

BACs/YACs are easier to store in DNA libraries

d.

Larger genomic DNA fragments in BACS/YACS have the introns removed

Which library would you screen if the goal was to identify the coding sequence for a protein?

a.

genomic library

b.

RNA library

c.

cDNA library

d.

protein domain library

How does one find a book (gene/clone) of interest in a DNA library?

a.

by doing PCR on the whole pool of DNA

b.

by sequencing each clone in the library

c.

by next-generation sequencing  

d.

by hybridizing a radiolabeled probe of the sequence to bacterial colonies

In: Biology