Most government interventions are designed to modify market outcomes, and the aim is usually to improve economic welfare. However, some interventions are specifically motivated purely by political considerations. For this task, we will consider political intervention in the labour market in Venezuela. This case study comes from the article by: Chang-Tai Hsieh, Edward Miguel, Daniel Ortega, and Francisco Rodriguez. 2011. The Price of Political Opposition: Evidence from Venezuela’s Maisanta, American Economic Journal: Applied Economics 3: 196–214.
http://ezproxy.deakin.edu.au/login?url=http://search.ebscohost.com/login.aspx?direct=true&db=eds jsr&AN=edsjsr.41288634&authtype=sso&custid=deakin&site=eds-live&scope=site.
Note that the analysis in this reference is advanced and you do NOT have to read the entire study to complete the assignment. You should, however, read pages 196-198.
In: Economics
Western State University (WSU) is preparing its master budget for the upcoming academic year. Currently, 12,000 students are enrolled on campus; however, the admissions office is forecasting a 7 percent growth in the student body despite a tuition hike to $80 per credit hour. The following additional information has been gathered from an examination of university records and conversations with university officials:
Required:
1. Prepare a tuition revenue budget for the
upcoming academic year.
2. Determine the number of faculty members needed
to cover classes.
3. Assume there is a shortage of full-time faculty
members. Select at least five actions that WSU might take to
accommodate the growing student body by selecting an "X" next to
the action.
4. You have been requested by the university’s
administrative vice president (AVP) to construct budgets for other
areas of operation (e.g., the library, grounds, dormitories, and
maintenance). The AVP noted: “The most important resource of the
university is its faculty. Now that you know the number of faculty
needed, you can prepare the other budgets. Faculty members are
indeed the key driver—without them we don’t operate.” Are faculty
members a key driver in preparing budgets?
In: Accounting
quick and easy to answer!
1. suppose you are working in a busy lab with multiple people
sharing a given analytical balance. if you are weighing something
which you will only have to weigh once, such as weighing out a
reagent onto some weigh paper, which you immediately use to make a
solution. is it OK to use the balance ' tare or zero function to
set the vessel tare to zero? why or why not? if not what should be
done instead?
2. now suppose you are weighing something thay you will have to
weigh again later. for example suppose you are weighing out some
sample into a crucible. later in the procedure you will heat the
sample in the crucible to partially decompose it and you will need
to know the mass of the material thay remains. is it OK to use the
balance's zero fun tin to set the tare to zero? why or why not. if
not what should you do instead.
In: Chemistry
luStar Company has two service departments, Administration and
Accounting, and two operating departments, Domestic and
International. Administration costs are allocated on the basis of
employees, and Accounting costs are allocated on the basis of
number of transactions. A summary of BluStar operations
follows:
| Administration | Accounting | Domestic | International | |||||||||
| Employees | — | 25 | 15 | 60 | ||||||||
| Transactions | 50,000 | — | 10,000 | 40,000 | ||||||||
| Department direct costs | $ | 68,000 | $ | 24,500 | $ | 154,000 | $ | 597,000 | ||||
BluStar estimates that the cost structure in its operations is as
follows:
| Administration | Accounting | Domestic | International | |||||||||
| Variable costs | $ | 24,500 | $ | 5,500 | $ | 115,000 | $ | 431,000 | ||||
| Fixed costs | 43,500 | 19,000 | 39,000 | 166,000 | ||||||||
| Total costs | $ | 68,000 | $ | 24,500 | $ | 154,000 | $ | 597,000 | ||||
| Avoidable fixed costs | $ | 11,250 | $ | 3,300 | $ | 22,500 | $ | 111,500 | ||||
Required:
a. If BluStar outsources the Administration Department, what is the maximum it can pay an outside vendor without increasing total costs? (Do not round intermediate calculations.)
| Maximum Amount |
b. If BluStar outsources the Accounting Department, what is the maximum it can pay an outside vendor without increasing total costs? (Do not round intermediate calculations.)
| Maximum Amount |
c. If BluStar outsources both the Administration and the Accounting Departments, what is the maximum it can pay an outside vendor without increasing total costs?
| Maximum Amount |
In: Accounting
A current of 5.42 A is passed through a Ni(NO3)2 solution. How long (in hours) would this current have to be applied to plate out 5.00 g of nickel? (Please show all steps)
In: Chemistry
Method: DoublyLinkedList reverse(DoublyLinkedList list) Reverse() method accepts a DoublyLinkedList of Character as the argument, reverses the elements in the list, and returns the resulting list. For example:
The given list is
'a' 'b' 'c' 'd' 'e'
The return list should be
'e' 'd' 'c' 'b' 'a'
In: Computer Science
A 765-kg two-stage rocket is traveling at a speed of 6.10×103 m/s away from Earth when a predesigned explosion separates the rocket into two sections of equal mass that then move with a speed of 2.30×103 m/s relative to each other along the original line of motion.
Part A
What is the speed of each section (relative to Earth) after the explosion?
Part B
How much energy was supplied by the explosion? [Hint: What is the change in kinetic energy as a result of the explosion?]
In: Physics
What is the difference between the scales of measurement? Specifically Ordinal, Interval and Ratio scales of measurement because they are all very similar. Please provide good examples and explanation so I can understand the difference and not be confused when trying to determine/ solve for a variable.
Example:
Each voter was asked to rate their support for the current government on a scale from 0-100 (zero indicates no support whatsoever, while 100 indicates fully supporting the current government).
Voter support is the dependent variable but is it ordinal or interval scale of measurement?
In: Math
The Cocoa Mass Edibles Factory manufactures and distributes chocolate products
Additional Information:
It purchases cocoa beans and processes them into two intermediate products: chocolate-powder liquor base and milk-chocolate liquor base. These two intermediate products become separately identifiable at a single splitoff point. Every 2,000 pounds of cocoa beans yields 50 gallons of chocolate-powder liquor base and 50 gallons of milk-chocolate liquor base. The chocolate-powder liquor base is further processed into chocolate powder. Every 50 gallons of chocolate-powder liquor base yield 650 pounds of chocolate powder. The milk-chocolate liquor base is further processed into milk chocolate. Every 50 gallons of milk-chocolate liquor base yield 1,070 pounds of milk chocolate.
Production and sales data for August 2017 are as follows (assume no beginning inventory):
- Cocoa beans processed, 22,800 pounds times
- Costs of processing cocoa beans to splitoff point (including purchase of beans), $62,000
| Production | Sales | Selling Price | Separable Processing Costs | |
| Chocolate powder | 9,100 pounds | 6,500 pounds | $ 9 per pound | $ 50,100 |
| Milk chocolate | 14,980 pounds | 13,500 pounds | $ 10 per pound | $ 60,115 |
Cocoa Mass Edibles Factory fully processes both of its intermediate products into chocolate powder or milk chocolate. There is an active market for these intermediate products. In August 2017, Cocoa Mass Edibles Factory could have sold the chocolate-powder liquor base for $20 a gallon and the milk-chocolate liquor base for $60 a gallon.
Question:
1. Calculate how the joint costs of $62,000 would be allocated between chocolate powder and milk chocolate under the following methods:
a. Sales value at splitoff
b. Physical measure (gallons)
c. NRV (Net Realizable Value)
d. Constant gross-margin percentage NRV
2. What are the gross-margin percentages of chocolate powder and milk chocolate under each of the methods in requirement 1?
3. Could Cocoa Mass Edibles Factory have increased its operating income by a change in its decision to fully process both of its intermediate products? Show your computations.
In: Accounting
In: Computer Science
The problem of mutual confidence of needs can be eliminated if
:
A) trade is organized in a common market
B) Money is used to facilitate the exchange
C) Exchange of goods with goods ( exchange) is encouraged.
D) A and B are true
The sale of one-year discounted bond with a nominal value of $
20,000 to selling for $15,000 ------------- means that it generates
returns.
A) 3 percent
B) 20 percent
C) 25 Percent
D) 33.3 Percent
In: Economics
Lesson Six Discussion Question:
Please respond to the following discussion,
Very few would argue with the claim that the President’s role as Commander-in-Chief is the greatest formal power that a president possesses. Yet, in the Constitution, only Congress has the authority to formally “declare war.” Presidents for the last 60-70 years have openly stated that they do not need Congressional authorization to use the military to pursue America’s interests on the global stage. As proof, America has not formally declared war since WWII. So, Korea, Vietnam, Gulf War, Iraq War, Afghanistan, and now Syria have all been military exercises, but not wars in the Constitutional sense.
Has the power of the President of the United States as Commander-in-Chief exceeded constitutional boundaries and should those powers be curtailed, given the constant state of war we find ourselves in? Or should the President’s military powers continue to expand to address the growing chaos in our world, despite the Constitution or in congruence with the Constitution? Explain your answer.
Your initial discussion postings (250-300 words)
should demonstrate an understanding and analysis of the assigned
readings and video. While you are welcome to incorporate additional
scholarly external sources you find in your initial post, you are
expected to cite mainly from the assigned material in your response
demonstrating connections between your thoughts and the course
resources. Please remember you are expected to cite your sources in
APA format, you can review the Citation/Reference portion of the
syllabus to refer to examples of APA format. In addition, you will
also need to post two substantial responses (about
150-200 words) to at least two of your classmates'
posts.
In: Economics
In his double-slit experiment with electrons, jonsson used electrons with kinetic energy 50 kev.
A) Find the electron's de Broglie wavelength
B) The two slits were separated by 2.0 um. On a screen 0.350m from the slits, what was the distance between bright diffraction fringes?
In: Physics
1- An object is rotating in a uniform circular motion. What can you say about:
a- Its angular velocity,
b- Its speed,
c- Its velocity,
d- Its acceleration.
e- periodic time.
f- having good tires in your car is very important, why?
I need answer asap
In: Physics
As a technician in a large pharmaceutical research firm, you need to produce 350. mL of a potassium dihydrogen phosphate buffer solution of pH = 6.91. The pKa of H2PO4− is 7.21.
You have the following supplies: 2.00 L of 1.00 M KH2PO4 stock solution, 1.50 L of 1.00 M K2HPO4 stock solution, and a carboy of pure distilled H2O.
How much 1.00 M KH2PO4 will you need to make this solution? (Assume additive volumes.)
Express your answer to three significant digits with the appropriate units. Please show all steps.
In: Chemistry