Consider the pizza restaurants and explain the following issues.

1.) Explain the effect of a horizontal integration of all the firms in the industry on the pricing behavior of the merger.

2.) Given the merger in question 1, explain the changes in the concentration of the industry.

3.) Given the merger in question 1, explain the relationship between the elasticity of the industry demand and that of the firm.

4.) Given the merger in question 1, explain how entry into the industry is affected.

5.) Explain the value of the Lerner index for the competitive market.

6.) Explain why the competitive market has a very low concentration.

Label each of the following statements true, false, or uncertain. Explain your choice carefully.

a. When domestic inflation equals foreign inflation, the real exchange rate is fixed.

b. A devaluation is an increase in the nominal exchange rate.

c. A sudden fear that a country is going to devalue leads to an increase in the domestic interest rate.

d. A change in the expected future exchange rate changes the current exchange rate.

e. Because economies tend to return to their natural level of output in the medium run, it makes no difference whether a country chooses a fixed or flexible exchange rate.

Answer the following discussion topic completely...

Delving deeper into the ways through which exchange rates are influenced, what are some of the things you think can affect exchange rates? how do you think they would affect exchange rates? can exchange rate changes affect country welfare through terms of trade? why or why not? Given that you are now very competent in understanding trade flow determinants, do you think introducing exchange rates to any of our models can change some of the results? why or why not?

A healthy young man living on the coast at sea level attempts to climb the Himalayan Mountains, which of the following changes are expected?

A) Decreased 2,3 BPG levels which will cause a rightward shift of oxygen-hemoglobin dissociation curve to facilitate O₂ loading hemoglobin.

B) The alveoli PO₂ decreases because of the thinner air and lower O₂ composition (< 21%) in high altitude.

C) A lower pulse oximeter reading because of a reduction in the arterial PO₂.

D) Decreased hemoglobin/hematocrit due to chronic hypoxia.

E) Decreased firing of the peripheral chemoreceptors.

Your assignment is to develop an investment portfolio of common stocks and mutual funds for a person of your age (32) and current life situation(unemployed student USA) You are required to select 5 individual stocks and 5 mutual funds. You must justify your selections by doing some research and indicating why you chose the stocks and mutual funds in your portfolio. You will need to put a hypothetical $10,000 into each stock and each mutual fund. You will be tracking the price changes of your selected stocks and mutual funds for the next three weeks

(a) Suppose that f is a polynomial of degree 3 or more. Explain, in your own words, how you would

use real zeros of f to determine the open intervals over which f(x) > 0 or f(x) < 0. Be brief

and precise. In particular, you need to tell how and where the sign of f changes.

(d) Rewrite the expression (cos x)2x in terms of natural base e.

4. Let f(x) = x2 + 5. Find lim_h-0 f(3+h) - f(3)/h

a) discuss three potential flows with the regular payback method.  Discuss whether or not the discounted payback method corrects all three flaws.

b) explain why the NPV of a relatively long-term project (one for which a high percentage of its cash flows occurs in the distant future) is more sensitive to changes in the WACC than that of a short-term project.

c) explain why IRR might be overly optimistic metric (give example of cash flows that might drive IRR artificially too high). What is the way to correct for inflationary IRR?

Monitoring the Cost Of Money: Interest Rates

Interest rates, the cost of money, influence most all factors related to personal and corporate capital budgeting. The more obvious personal information for the cost of money is the rates associated with a mortgage or car loan. As a CFO you would “shop” interest rates to find the best rate for your financing needs.

Would you, as the CFO, finance your projects as soon as possible if cost of capital was expected to drop? Please explain.

More importantly where do you find the information to analyze expected changes in interest rates?

• Ravi wants to know what impact switching to a commission versus a salary system will have on his sales employees’ effectiveness. He selects two of the seven sales regions he is responsible for and changes their pay from salary only to commission only (IV). He compares monthly sales data (DV) for six months prior and six months after this change for the new commission-only regions, and also compares these numbers to the other five salary-only regions.
  • What form of study design is this?
  • Will the researcher be able to make claims about causality with this study?

The company has realized an operating profit of 5 billion won this year. Depreciation cost was 500 million won, and interest cost is 1 billion won. Inventories increased by 1 billion won compared to the beginning and sales bonds increased by 2 billion won. The corporate tax rate applied to this company is said to be 40%. Assume that other conditions are constant and estimate that:

1. Net profit for this year

2. Cash Flows from Changes in Net Driver's Copy

(1 WON = 1, 100 WON = 100. NO CALCULATE FOR DOLLAR PLEASE!)