Questions
Moldavia is a small country that currently trades freely in the world barley market. Demand and...

Moldavia is a small country that currently trades freely in the world barley market. Demand and supply for barley in Moldavia is governed by the following schedules:

Demand: QD = 4 - P

Supply: QS = P

P -- $ / bushel of barley

Q -- bushels of barley

The world price of barley is $1 / bushel.

Calculate the free trade equilibrium price and quantity of barley in Moldavia. How many bushels do they import or export? On a well-labeled graph, depict this equilibrium situation and shade the gains from trade relative to the autarkic (no-trade) equilibrium in Moldavia.

b.

.  

PS#4 - Part II-A - 19.2

At this free trade equilibrium, Moldavia ______________.
A.  Exports 1 bushel of barley.
B.  Imports 1 bushel of barley.
C.  Exports 2 bushels of barley.
D.  Imports 2 bushels of barley
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In: Economics

Python: Lo Shu Magic Square The Lo Shu Magic Square is a grid with 3 rows...

Python:

Lo Shu Magic Square

The Lo Shu Magic Square is a grid with 3 rows and 3 columns, shown in figures below. The Lo Shu Magic Square has the following properties:

The grid contains the numbers 1 through 9 exactly.

The sum of each row, each column, and each diagonal all add up to the same number. This is shown in Figure B.

In a program you can stimulate a magic square using a two-dimensional list. Write a function that accepts a two-dimensional list as an argument and determines whether the list is a Lo Shu Magic Square. Test the function in a program.

Figure A

4

9

2

3

5

7

8

1

6

Figure B

4

9

2

3

5

7

8

1

6

In: Computer Science

If possible, please type up or scan the page. Suppose a box contains five coins (numbered...

If possible, please type up or scan the page.

Suppose a box contains five coins (numbered 1, 2, 3, 4 and 5) but each coin has a different probability of obtaining a head when it is tossed. Let the pi be given by 0,1/4,1/2,3/4 and 1.0, respectively for the coins, indexed by i=1,…,5.

1. Suppose a coin is randomly chosen from the box (i.e. each coin has the same probability of being chosen) and tossed. It shows a head. What are the posterior probabilities that the coin was number i?

2. If that coin were tossed again what is the probability of obtaining another head.

3. Suppose a tail had been obtained on the first toss, and the coin were tossed again. What is the probability a head would be obtained on the second toss?

In: Statistics and Probability

1. a. Calculate the IRR for the following project if its cost was $5,000 and the...

1.

a. Calculate the IRR for the following project if its cost was $5,000 and the annual expenditures and costs were:

Year 1 Year 2 Year 3 Year 4 Year 5 Year 6
2,000 2,000 2,000 2,000 -1,000

-1,000

b. Assume a firm's WACC is 10 percent. Calculate the NPV for the following project if its cost was $5,000 and the annual expenditures and costs were:

Year 1 Year 2 Year 3 Year 4 Year 5 Year 6
2,000 2,000 2,000 2,000 -1,000 -1,000

c. Assume you think the expected rate of return is too high. What should you do?

Group of answer choices

Do nothing.

Not enough information to say.

Sell the stock if you own it.

Buy the stock.

In: Finance

Create a fictitious fact pattern (accounting problem/business issue) to which you can apply the accounting research...

Create a fictitious fact pattern (accounting problem/business issue) to which you can apply the accounting research process. If you can, use a fact pattern based on a real situation that you’ve encountered professionally. Alternatively, the following sources may help you generate ideas: (1) The Codification: browse for guidance, then “back into” a fact pattern; (2) recent business news articles (e.g., from the Wall Street Journal); (3) discussions with small-business owners; or (4) corporate annual reports.

Required:

1. Describe the fact pattern.

2. Identify at least 1 researchable question for this fact pattern.

3. Brainstorm the likely answer to the question.

4. Locate the applicable Codification reference. Describe the requirements, plus any alternatives available.

5. Briefly describe your conclusion.

In: Accounting

Question 1 The management at Luke Products Inc. is looking at the financials for an innovative...

Question 1

The management at Luke Products Inc. is looking at the financials for an innovative new diaper-changing station. The expected life cycle forthe product is four years. The initial projected product design costs are $500,000. Management typically uses a discount rate of 10% for allnew product financials.

a. Using the table below: Calculate the projected NPV, Payback time and IRR.

Year Projected Cash In-Flows
1 130,000
2 250,000
3 300,000
4 100,000

b. Using the table below: If the product design costs are $250,000. Use a discount rate of 9% for the projected cash in-flows. Assume a five-year lifespan.Calculate the projected NPV, the payback time, and the IRR.

Year Projected Cash In-Flows
1 120,000
2 90,000
3 75,000
4 50,000
5 20,000

In: Finance

Depreciation by Three Methods; Partial Years Perdue Company purchased equipment on April 1 for $80,190. The...

Depreciation by Three Methods; Partial Years Perdue Company purchased equipment on April 1 for $80,190. The equipment was expected to have a useful life of three years, or 6,480 operating hours, and a residual value of $2,430. The equipment was used for 1,200 hours during Year 1, 2,300 hours in Year 2, 1,900 hours in Year 3, and 1,080 hours in Year 4. Required: Determine the amount of depreciation expense for the years ended December 31, Year 1, Year 2, Year 3, and Year 4, by (a) the straight-line method, (b) units-of-output method, and (c) the double-declining-balance method. Note: FOR DECLINING BALANCE ONLY, round the multiplier to four decimal places. Then round the answer for each year to the nearest whole dollar. a. Straight-line method

In: Accounting

The number and frequency of Atlantic hurricanes annually from 1940 through 2015 is shown here. This...

  1. The number and frequency of Atlantic hurricanes annually from 1940 through 2015 is shown here. This means, for instance, that no hurricanes occurred during 5 of these years, only one hurricane occurred in 16 of these years, and so on.

Number

Frequency

0

5

1

16

2

20

3

14

4

4

5

5

6

5

7

3

8

2

10

1

12

1

  1. Find the probabilities of 0-12 hurricanes each season using these data.
  2. Find the mean number of hurricanes.
  3. Assuming a Poisson distribution and using the mean number of hurricanes per season from part b, compute the probabilities of experiencing 0-12 hurricanes in a season. Compare these to your answer to part a. How accurately does a Poisson distribution model this phenomenon?

In: Statistics and Probability

Maria consumes only two goods: pens and notebooks. Currently, pens cost $1 each and notebooks cost...

Maria consumes only two goods: pens and notebooks. Currently, pens cost $1 each and notebooks cost $3 each. Maria’s income is $15. The tables below show the total utility Maria receives from consuming various quantities of each of the goods. calculate the optimal consumption bundle for Maria. (Note: for full credit you must provide the correct quantities of pens and notebooks AND fill in as much of Table 3 as was necessary to arrive at your answer.)

#of Notebooks Total Utility # of Pens Total Utility

0    0 0 0

1    75 1 40

2    135 2 60

3      185 3 75   

4 230     4 87

5 . 270 5 97

6 300 6 105

7 320 7 111

In: Economics

In the following MRP planning schedule for Item J, indicate the correct net requirements, planned-order receipts,...

In the following MRP planning schedule for Item J, indicate the correct net requirements, planned-order receipts, and planned-order releases to meet the gross requirements. Lead time is one week. (Leave the cells blank, whenever zero (0) is required.)

WEEK NUMBER

ITEM J 0 1 2 3 4 5
Gross requirements 77 52 75
On-hand 47
Net requirements
Planned-order receipt
Planned-order release
Period 1 2 3 4 5

Item: J

OH: 47

LT: 1

SS: 0

Q: L4L

Gross requirements 77 52 75
Scheduled receipts
Projected available balance
Net requirements
Planned order receipts
Planned order releases

In: Operations Management