a. Define elasticity, calculate and interpret the following elasticities:
| Scenario 1 | Scenario 1 | Scenario 1 | |||
| P | Q | P | Q | P | Q |
| 6 | 1000 | 6 | 1000 | 6 | 1000 |
| 5 | 2000 | 5 | 1100 | 5 | 1200 |
b. Outline the three (3) motives of money demand.
c. Highlight any two (2) functions of money.
d. Discuss any five (5) reasons behind the prevalence of poverty in rural areas.
In: Economics
The number of commercial airline boardings on domestic flights increased steadily during the 1990s as shown in the table below. Let f(t) be the number of commercial airline boardings on domestic flights (in millions) for the year that is t years since 1990.
Numbers of Commercial Airline Boardings on Domestic Flights
f f(x)
Year Number of Boardings (millions)
1991 452
1995 547
1997 599
1999 635
2000 666
Find an equation of f.
In: Advanced Math
Maple, Inc. would like to sell an additional 6,500 shares of stock using the Dutch auction method. The bids received are as follows: Bidder Quantity Price A 1000 $15 B 1500 $25 C 2500 $20 D 1500 $12 E 2000 $18 Bidder B will receive ____________ shares at a price of _____________. Select one: a. 1000; $15 b. 1000; $12 c. 929; $15 d. 1393; $15 e. 1857; $12
In: Finance
-The weight of an organ in adult males has a bell-shaped distribution with a mean of
300 grams and a standard deviation of 40 grams. Use the empirical rule to determine the following.
a. About 95% of organs will be between what weights?
b. What percentage of organs weighs between 260 grams and 340 grams?
(c) What percentage of organs weighs less than 260 grams or more than 340 grams?
(d) What percentage of organs weighs between 220 grams and 340 grams?
-Scores of an IQ test have a bell-shaped distribution with a mean of 100 and a standard deviation of 12.
Use the empirical rule to determine the following.
(a) What percentage of people has an IQ score between 88 and 112?
(b) What percentage of people has an IQ score less than 88 or greater than 112?
(c) What percentage of people has an IQ score greater than 112
-Suppose babies born after a gestation period of 32 to 35 weeks have a mean weight of 2800 grams and a standard deviation of 800 grams while babies born after a gestation period of 40 weeks have a mean weight of 3000 grams and a standard deviation of 475 grams. If a 33-week gestation period baby weighs 3075 grams and a 41-week gestation period baby weighs 3275 grams, find the corresponding z-scores. Which baby weighs more relative to the gestation period?
-In a certain city, the average 20- to 29-year old man is 69.8 inches tall, with a standard deviation of 3.0 inches, while the average 20- to 29-year old woman is 64.5 inches tall, with a standard deviation of 3.9 inches. Who is relatively taller, a 75-inch man or a 70-inch woman?
-A manufacturer of bolts has a quality-control policy that requires it to destroy any bolts that are more than 4 standard deviations from the mean. The quality-control engineer knows that the bolts coming off the assembly line have mean length of 12 cm with a standard deviation of 0.05 cm. For what lengths will a bolt be destroyed?
In: Math
Facts: Casey Jones is a 2012 graduate of Tulane University Law School and admitted to practice law in the state of Louisiana. He has been employed by the family general practice law firm of Jones, Jones, and Jones since graduating law school. The firm’s three partners are Casey’s mother, father and uncle. Casey is one of seven other lawyer associates in the firm, which includes a cousin, and five other unrelated persons. There are also 5 non-lawyer clerical staff. No one at the firm has any specialized training in tax matters, but Casey has been trying to handle at least some simple tax issues for the firm. The partners had decided that it would be very good for business if they could establish a tax practice specialty within the firm. As a result, the firm sent Casey to the LL.M (tax) program at the NYU law school to earn an LL.M. degree in taxation. He attended from September 2018 to June 2019, at which time he graduated with the degree of Master of Laws in Taxation (LL.M). While he attended the program in New York the firm continued to pay him his $125,000. per year salary, his tuition and fees of $63,000 and $34,000 of living expense for rent and food at one of the NYU Law School dormitories, as well as his travel expenses to and from New York. Half was paid in 2018 and 2019. Upon graduation he returned to his firm’s New Orleans offices where he worked to establish their tax department. It is now time to file his return for 2019.
Questions: 1. What are the tax effects, if any, of these transactions on Casey and his law firm? 2. Would the result be any different if Casey were a CPA graduate of Tulane’s business school with a BA degree in accounting, and the degree he earned at NYU was a Masters in Tax in accounting in their business school, and Jones, Jones and Jones was a CPA firm? You need not calculate a tax return, but you should state what rules operate on, and interact with their various tax liabilities on the above facts. The rules in effect for tax year 2018 should be used. Please prepare an opinion letter in the format: Facts-Issue-Conclusion-Reasoning- Specify reason and authority for each statement you, citing the authority for each statement in legal citation format.
The paper should be no more than 3 pages double spaced and typewritten. Answer the questions I asked only, not what you wish I had asked. Give valid legal authority for each statement you make, citing the source in each case. Only primary sources are valid, such as the Internal Revenue Code, Regulations and Rulings, and prior Court Decisions. The textbook, annotations in CCH or other texts, or IRS consumer publications, may be useful in focusing your research, but they are not primary authority and may not be used to support your conclusions.
In: Accounting
According to Waide, what negative effect does participation in producing and promoting associative advertising have on the advertisers?
A. It leads them to neglect non-market means of satisfying non-market desires—which includes a range of virtues necessary for acquiring such goods.
B. By making money a priority, one’s conception of the good life becomes distorted
C. It desensitizes them to the well-being of others, including reduced compassion, concern, and sympathy
D. It influences them to spend money in a way that fails to satisfy desires fostered by advertising
In: Economics
Payroll. Canada.
Understanding the difference between a cash taxable allowance, a cash taxable benefit and a non-cash taxable benefit is critical when explaining the calculation of net pay to an employee. In your own words, explain whether each allowance and benefit is or is not subject to Canada/Québec Pension Plan (C/QPP) contributions, Employment Insurance (EI) premiums, Québec Parental Insurance Plan premiums and income tax. Provide an example of a cash taxable allowance, a cash taxable benefit and a non-cash taxable benefit.?
In: Accounting
In: Biology
When chlorine is used for disinfection of drinking water, chloroform can be produced by the reaction of chlorine with residual organics in the water. For chloroform, RfDoral = 0.01 mg/kg/d and SForal = 0.0061 1/(mg/kg/d).
In: Civil Engineering
I) What are the three characteristics of a balancer line and explain the maintenance required to keep a balanced stock.
II) What are the possible offspring for a male with a curly tail and a female with a normal tail and is not a carrier?
III) What genotype would have to be crossed with a non-flying male to get a non-flying female?
IV) If the mother is flightless and the father is flighted, what is the likelihood of their daughter flying?
VI) You have two pigs with pointy ears. What do their genotypes need to be to get true-breeding pointy-eared piglets?
In: Biology