1.Table 27

Refer to Table 27. How many workers should the firm hire?

A.1

B. 2

C. 3

D. 4

2. If education produces positive externalities and the government does not intervene in the market, we would expect

Group of answer choices

A. ​the market equilibrium price to be higher than the efficient equilibrium price.

​B. the market equilibrium quantity to be lower than the efficient equilibrium output level.

C.​the market equilibrium quantity to be higher than the efficient equilibrium output level.

D.​none of the above

3.Which of the following is false?

A. ​The nature of public goods is such that the government cannot accurately assess the benefits of those affected.

​B. National defense and flood control are illustrations of public goods.

C. ​Just as in the case of external costs, public goods tend to be underprovided by the private sector.

D. ​All of the above are true.

1. The Stock Price details of TATA TELESERVICES (MAHARASHTRA) LTD. are

given below

Date Close

Date                     Close          No. of Shares    No of Trades     Total Turnover

res es

01-03-2019          3.09                69,242               100                   2, 14,257

05-03-2019           3.35              1, 97,344              251                   6, 51,621

06-03-2019           3.41              1, 58,205              160                   5, 47,942

07-03-2019           3.55              4, 00,183              433                 13, 99,537

08-03-2019           3.49              2, 73,890              503                   9, 42,944

11-03-2019             3.5              1, 46,178              145                   5, 12,714

12-03-2019           3.52                 80,672              109                    2, 83,868

13-03-2019           3.46              1, 49,428              116                   5, 14,536

14-03-2019          3.4                  72,539             183                   2, 44,876

For the above sample, determine the following measures:

a. The mean closing price

b. The standard deviation of total number of shares

c. The median value of number of trades

d. The 75th percentile value of total turnover

Analyze the above data using descriptive statistics and comment on the relationship between the various variables

a. How does an increase in the price of Bluefin Tuna effect the efficient sustainable yield? Why? (4 points)

b. How does an increase in the price of Bluefin Tuna effect the harvest assuming it is an open access fishery? Why? (4 points)

c. Over time technological change has reduced the cost of fishing. How would this effect the efficient sustainable yield? Why? How would this effect effort in an open access fishery? Why? (6 points)

A complication of Bluefin Tuna is that it migrates over long distances. For example, Southern Bluefin Tuna spawn in water off Java, Indonesia. The larvae and juvenile fish are then swept south along the Western Australian coastline and into the Great Australian Bight. The adult fish then migrate west into the Indian ocean. This means that the fish travel outside individual countries economic exclusion zones (EEZ) thus requiring international treaties and quotas which must be negotiated.

d. What are some of the problems you can foresee with these international agreements? What are some solutions? (Respond in less than 100 words - 6 points)

I ONLY NEED QUESTION D ANSWERED, Please

On January 1, 20X1, Metro Plaza Inc. (MPI), a real estate company using IFRS, issued$1,000,000, 8%, five year bonds for a cash price of $1,250,000. Interest is payable semi-annually on June 30 and December 31. Each $100 bond includes 20 warrants. Each warrant can be exchanged for one common share of MPI at an exercise price of $10 per share. The market rate of interest is 6% for similar bonds without warrants and the fair market value of these bonds was determined to be $1,085,302.

Required:

1. Prepare the appropriate journal entry to record the issue of the bonds on January 1, 20X1;
2. Prepare the appropriate journal entry required on December 31, 20X1;
3. How would the bonds be reported on the balance sheet at December 31, 20X1;
4. 30% of the warrants were exercised on July 1, 20X3 when the shares of MPI were being traded at $11,50. Prepare the appropriate journal entry or entries which the company should make on July 1, 20X3 to record this transaction.

Note: You may find it useful and easier to answer this question by preparing a bond amortization table.

Lifetime Escapes generates average revenue of $7 970 per person on its 7-day package tours to wildlife parks in Zimbabwe. The variable costs per person are as follows:

Annual fixed costs total $400 000.

Required:

1. Calculate the number of package tours that must be sold to break even.
2. Calculate the revenue needed to earn a target profit of $100 000. (1 mark)
3. If fixed costs increase by $19 000, what decrease in variable cost per person must be achieved to maintain the break-even point calculated in requirement 1?
4. The general manager at Lifetime Escapes proposes to increase the price of the package tour to $8500 to decrease the break-even point in units. Using information in the original problem, calculate the new break-even point in units. What factors should the general manager consider before deciding to increase the price of the package tour? (3marks)

question is correct could you please solve ASAP

Firms A and B are Cournot duopolists producing a homogeneous good. Inverse market demand is P = 100 − Q , where P is market price and Q is the market quantity demanded. Each firm has marginal and average cost c = 40.

(a) The two firms propose to merge. Derive total output, market price, profit and consumer surplus before the merger and after the merger. Explain intuitively any changes you see to these variables when the merger occurs.

(b) A regulator for this market has objective function W = λΠ + (1− λ)CS , where Π is industry profit, CS denotes consumer surplus and λ is a constant, 0 ≤ λ ≤ 1. Will a regulator with λ = 0 permit the merger? Will a regulator with λ = 1 permit the merger? Interpret these two regulatory stances and explain the implications of your answer for competition policy. At what level of λ would the regulator be indifferent to the merger?

(c) The firms now claim that there will be efficiency gains to the merger, so that the marginal cost of production will fall to c = 30. How does this affect your answer in part (b)? Explain the implications of your answer for competition policy.

On December 31, 2017, Berclair Inc. had 500 million shares of common stock and 6 million shares of 9%, $100 par value cumulative preferred stock issued and outstanding. On March 1, 2018, Berclair purchased 24 million shares of its common stock as treasury stock. Berclair issued a 5% common stock dividend on July 1, 2018. Four million treasury shares were sold on October 1. Net income for the year ended December 31, 2018, was $800 million. The income tax rate is 40%. Also outstanding at December 31 were incentive stock options granted to key executives on September 13, 2013. The options are exercisable as of September 13, 2017, for 30 million common shares at an exercise price of $56 per share. During 2018, the market price of the common shares averaged $70 per share. In 2014, $62.5 million of 8% bonds, convertible into 6 million common shares, were issued at face value. Required: Compute Berclair’s basic and diluted earnings per share for the year ended December 31, 2018.

Learning Activity 2
GDP and its Limitations
Consider the following country, Alpha, which makes two goods, Rice and Potatoes. The quantity and prices of these goods are given in the table below for the two years, 2018 and 2019:
2018 2019 Quantity Price Quantity Price Rice 12 $15 14 $17 Potatoes 20 $5 25 $10

Part 1: Use the information above to calculate the following:
1) Nominal GDP for Country Alpha for 2018 and 2019 2) Real GDP for 2018 and 2019, using 2018 as the base year 3) The Real GDP growth rate for the country from 2018 and 2019

Part 2: Suppose someone wants you to compare the standard of living of the country over 2018 and 2019. Looking at the Real GDP data, what would you tell him/her? Is the Real GDP doing a good job here as a measure of standard of living? Why or why not?

Part 3: Now suppose the population of the country was 100 people in 2018 and 120 people in 2019. Calculate the Real GDP per capita for the country for both years

Julie is a portfolio manager at Know Better plc. She wants to estimate the interest rate risk of assets of the company consisting of 1 million sharesof Bond A, 2 million shares of Bond B, and 2 million shares of Bond C. The duration of Bond A is 5.59, a valuation model found that if interest rates decline by 30 basis points, the value of Bond A will increase to 83.5 pounds, and if interest rates increase by 30 basis points, the value of Bond to A will decline to 80.75 pounds. The same valuation model also found that if interest rates decreases by 50 basis points, the value of Bond B increases to 104.6 pounds, and if interest rates increases by 50 basis points, the value of Bond B decreases to 96.4 pounds, and the current value of Bond B is 100 pounds. Kirstin also knows from the valuation model that, by using the duration and convexity rule, if interest rates decline by 1%, the price of bond C increases approximately by 8.46 pounds, and if interest rates increase by 3%, the price of Bond C decreases approximately by 12.77 pounds. The convexity of Bond C is 300 b) What is the duration and convexity of the bond portfolio?

4. Consider a Cournot duopoly with inverse demand function P = 100 – Q. Firm 1’s cost function is C1(q1) = 20q1, and firm 2’s cost function is C2(q2) = 30q2. Firms choose quantities once and simultaneously. (a) Write out each firm’s profit function. From these, derive the reaction functions of each firm, and solve for the Nash equilibrium quantities, price and profits. Illustrate your answer on a graph of the reaction functions (you do not need to draw isoprofit lines). (b) Now suppose firm 1’s marginal cost falls from 20 to 10. How do the reaction functions, Nash equilibrium quantities, price and profits differ from (b)? Illustrate on a graph how the reaction functions and quantities change. (c) Suppose that firm 2’s cost function is instead written C2(q2) = 30q2 + 225 if q2 > 0 C2(q2 ) = 0 if q2 = 0. That is, there is a fixed cost of 225 that can be avoided if the firm does not produce. How low must firm 1’s marginal cost be for firm 2 to be better off not producing?