What’s the point of college? Do you think college does anything more than just give you a degree that your employer uses to prove that you can stick to something? Does it teach you anything useful? (About life, love, ethics, values, problem solving, communicating with others, etc.) Will you use the knowledge you gain from individual classes?

In a constant-pressure calorimeter, 65.0 mL of 0.340 M Ba(OH)2 was added to 65.0 mL of 0.680 M HCl. The reaction caused the temperature of the solution to rise from 21.83 �C to 26.46 �C. If the solution has the same density and specific heat as water, what is ?H for this reaction (per mole of H2O produced)? Assume that the total volume is the sum of the individual volumes.

Either graphically or descriptively, describe how an individual firm in a perfectly competitive market with other identical firms responds to an inward shift (decrease) in the demand curve for their product and the short run and long run implications this has for the market price and quantity. Additionally, illustrate either graphically or descriptively how the elasticity of supply for both firms and the market typically changes from the short-run to the long-run.

Identify each of the following as expansionary or contractionary fiscal policy (or neither) and show their effect on the ADAS model.

         a. The corporate income tax rate is increased

         b. Defense spending is increased

         c. The Federal Reserve lowers the target for the federal funds rate

         d. Families are allowed to deduct all their expenses for day care from their federal income taxes

         e. The individual income tax rate is decreased

A bottling company uses a filling machine to fill plastic bottles with a popular cola. The bottles are supposed to contain 300 milliliters (ml). In fact, the contents vary according to a normal distribution with mean 303 ml and standard deviation is 3 ml.

1. What is the probability that an individual bottle contains less than 301.1 ml?

2. What is the probability that the sample mean contents of a sample of 10 bottles is less than 301.1 ml?

3. What is the probability that the sample mean contents of a sample of 10 bottles is more than 299.8 ml?

5.         I’ve spent $10,000 to install high efficiency windows in my home. They are expected to last 20 years.   I expect my annual heating bill to decrease by $1,000.

a.         What is the “net present value of my investment? Use a discount rate that is appropriate for YOU as an individual?  

b.         If city hall had made this investment, what is the “payback” time? Use a discount rate appropriate for a public project.

c.         Calculate the “Internal Rate of Return” for this project. Would a profit maximizing company be willing to invest in this project at their corporate offices?

Brooks Company carries three inventory items. The following information pertains to the ending inventory:

Required
a. Determine the ending inventory that Brooks will report on the balance sheet, assuming that it applies the lower-of-cost-or-market rule to individual inventory items.

b. Prepare the necessary journal entry, assuming the decline in value was immaterial. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)
  

5.         I’ve spent $10,000 to install high efficiency windows in my home. They are expected to last 20 years.   I expect my annual heating bill to decrease by $1,000.

a.         What is the “net present value of my investment? Use a discount rate that is appropriate for YOU as an individual?  

b.         If city hall had made this investment, what is the “payback” time? Use a discount rate appropriate for a public project.

c.         Calculate the “Internal Rate of Return” for this project. Would a profit maximizing company be willing to invest in this project at their corporate offices?