You possess the following three securities in a portfolio with their respective Beta values noted.

Analyse and interpret the Beta values of each of the companies offering insight into the risk of each firm as represented by their Beta values. Which firm has provided the highest returns historically when the market has been performing well, all things being equal?

A firehose must be able to shoot water to the top of a building 28.0 m tall when aimed straight up. Water enters this hose at a steady rate of 0.500 m³/s and shoots out of a round nozzle. Neglect air resistance.

A) What is the maximum diameter this nozzle can have? Express your answer with the appropriate units.

B) If the only nozzle available has a diameter twice as great, what is the highest point the water can reach? Express your answer with the appropriate units.

Suppose a brewery has a filling machine that fills 12-ounce bottles of beer. It is known that the amount of beer poured by this filling machine follows a normal distribution with a mean of 12.10 ounces and a standard deviation of .04 ounces. The company is interested in reducing the amount of extra beer that is poured into the 12 ounce bottles. The company is seeking to identify the highest 1.5% of the fill amounts poured by this machine. For what fill amount are they searching? Round to the nearest thousandth. Please demonstrate with TI84 steps.

Your boss has just contacted you about an inventory decision. It seems she is going to expand the business by selling products along with providing consulting services. Your boss' questions are emailed to you as follows:

• Which inventory costing method will provide the highest net income for the company?
• The company definitely plans to sell the oldest inventory first; does this affect the inventory costing method? Why?
• Are there any other considerations in making this decision?

Which method would you recommend and why?

“The South African economy expanded an annualized 2.5 percent on
quarter in the three months to June of 2017, ending two quarters of
contraction and beating market expectations of a 2.1 percent rise. It is
the highest growth rate in the year, with agriculture, forestry, and fishing
making the largest upward contribution..”

Although this growth rate is low it has managed to break the technical
recession in South Africa.
Use the AD-AS model to illustrate the effect of such growth on the
general price level and the level of aggregate output in the South
African economy.

Question 4

A. Show that a dominant bidding strategy in an English auction is to continue bidding as long as the price in the auction is less than your true value of the good.

B. Suppose that there are six bidders in an English auction for an antique 1950s Vaporizer. Each has his or her own private value for the vintage machine. In ascending order, these values are $50, $60, $70, $80, $90, and $100.

a. What will be the winning bid?

b. What will be the winning bid if the highest three bidders collude?

According to economic theory, if a resource is scarce then it should bring a high return in its use. Capital and technology are scarce in the world and given economic theory, should flow to the place of highest return. Since capital and technology are most scarce in the developing world relative to the developed world, capital should flow from the developed world to the developing world. However, if the data is examined, capital seems to flow from the developing world to the developed world. Is this a violation of economic theory? Explain