Consultants in a particular industry are currently paid $100 per hour and the typical work day lasts 10 hours. Demand for labour in that industry increases, resulting in the average hourly rate increasing to $150 per hour. However, a labour survey reveals that most consultants now work two fewer hours per day than they did prior to the rise in the price of their labour. A newspaper comments that this is at odds with the “law of supply”, such that higher prices should result in greater quantities supplied. Explain why individual consultants’ labour supply curves can be backward bending, such that higher wages lead to fewer hours worked, and explain whether the market labour supply curve for consultants is likely to violate the “law of supply”. Use appropriate diagrams to illustrate your answer.

please provide an explanation and diagram to support it

Consider a market for a homogeneous good with a demand curve P = 100 − Q. Initially, there are three firms in the market. All of them have constant marginal costs and incur no fixed costs. The marginal cost for firms 1 and 2 is 20, while the marginal cost for firm 3 is 40. Assume now that firms 2 and 3 merge.

a. Calculate the post-merger Cournot equilibrium quantities.
b. Calculate the post-merger Cournot market quantity and price.
c. Calculate the post-merger firm profits.
d. Calculate the post-merger HHI.
e. Calculate the post-merger market-wide Lerner index.
f. Calculate the post-merger consumer surplus.
g. Calculate the post-merger total surplus (firm profits plus consumer surplus)

Pagemaster Enterprises is considering a change from its current capital structure. The company currently has an all-equity capital structure and is considering a capital structure with 40 percent debt. There are currently 4,350 shares outstanding at a price per share of $25. EBIT is expected to remain constant at $21,830. The interest rate on new debt is 6 percent and there are no taxes.

Rebecca owns $29,000 worth of stock in the company. If the firm has a 100 percent payout, what is her cash flow?

What would her cash flow be under the new capital structure assuming that she keeps all of her shares?

Suppose the company does convert to the new capital structure. Show how Rebecca can maintain her current cash flow.

You are long 24 gold futures contracts, established at an initial settle price of $864 per ounce, where each contract represents 100 troy ounces. Your initial margin to establish the position is $12,000 per contract, and the maintenance margin is $11,200 per contract. Over the subsequent four trading days, gold settles at $853, $849, $859, and $869, respectively. Compute the balance in your margin account at the end of each of the four trading days, and compute your total profit or loss at the end of the trading period. Assume that a margin call requires you to fund your account back to the initial margin requirement. (Input all amounts as positive values. Leave no cells blank - be certain to enter "0" wherever required. Omit the "$" sign in your response.)

ABC’s the most recent free cash flow (FCF0) is $200 million. The free cash flow is expected to grow at a rate of 40 percent, and 20 percent in the second year. After two years, it is expected to grow forever at a constant rate of 5 percent. The cost of common stock (rs) is 12% and the weighted average cost of capital (WACC) is 9%. ABC balance sheet shows $20 million in short term investments that are unrelated to operations. The balance sheet also shows $100 million in debt, $50 million in preferred stocks, and $250 million in common stocks.If the company has 40 million shares of common stocks, what is your best estimate for the stock price per share today? Assume that company's book values of debt and preferred stocks are very close to the market vales.

C program:

1, Make two parallel arrays, one to keep track of food names and another to keep track of the food prices. There will be a total of 10 items, with a total of about 100 characters for each food name title (i think we can use malloc for the strings and allocate it accordingly)

Basically it will be something like a menu:

1, we will enter the food information

2, it will list all the food names and prices

3,then it will show a total value of the food inventory

Thanks!

To clarify, this is basically an inventory tracking. The user is the one inputting the food names, like for example the user inputs Donut and the price for Donut $3.00 that would be tracked, then the user enters 9 more items+ their prices(this is where the parallel array comes in). giving us 10 food items in the inventory.

Wood County Hospital consumes 1000 boxes of bandages per week. The price of bandages is $35 per box, and the hospital operates 52 weeks per year. The cost of processing an order is $15, and the cost of holding one box for a year is 15% of the value of the material.

1. The hospital orders bandages in lot sizes of 900 boxes, what extra cost does the hospital incur, which it could save by using EOQ method?
2. Demand is normally distributed, with a standard deviation of weekly demand of 100 boxes. The lead time is 2 weeks. What safety stock is necessary if the hospital uses a continuous review system and a 97% cycle-service is desired? What should be the reorder point?    When the cycle-service level is 97%, z = 1.88.

Corporate bonds offer a series of fixed payments consisting of interest payments and face value at maturity. As so, managers of financial intermediaries like pension funds and insurance companies frequently utilize such instruments to achieve their financing objectives.

Questions for discussion:

What is assumed the interest payments can be reinvested at?

What is interest rate risk and what would happen to the price of a bond given interest rates increase?

Assume the manager of a $100 million portfolio of corporate bonds predicts interest rates will rise in the near future.

What adjustments should be made to the portfolio assuming the market has not already adjusted for this prediction?

Will a long-term zero coupon bond have more or less interest rate risk than a comparable coupon paying bond?

Your task is to find the cost of capital (WACC) for a company. The company has three sources of capital available. The marginal tax rate for the company is 35%.

Common stock: 100 000 shares outstanding with the book value of $20 but currently trading at P/B=2.0. One may apply CAPM to estimate the cost of equity. Inputs for estimations are: risk free rate 2.8%, market risk premium 10.0% and the stock beta is 1.20.

Debt: 2 000 discount bonds with $1 000 par value, with 4 year to maturity. Bonds currently offer 6% yield to bondholders.

Preferred stock: 14 000 shares outstanding with $90 market price and 7% yield.

Find the cost of each financing source, capital structure weights for each source and the WACC.

ou are given the following information on Parrothead Enterprises: Debt: 9,200 7.3 percent coupon bonds outstanding, with 22 years to maturity and a quoted price of 108.5. These bonds pay interest semiannually and have a par value of $2,000. Common stock: 315,000 shares of common stock selling for $66.30 per share. The stock has a beta of 1.08 and will pay a dividend of $4.50 next year. The dividend is expected to grow by 5.3 percent per year indefinitely. Preferred stock: 9,800 shares of 4.65 percent preferred stock selling at $95.80 per share. The par value is $100 per share. Market: 10.2 percent expected return, risk-free rate of 4.5 percent, and a 23 percent tax rate. Calculate the company's WACC.