(a) If your utility is represented by u(x; y) = min(x+2y; 2x+y);what do your indi¤erence curves look like?

(b) Given your answer in (a), obtain the MRS (marginal rates of sub- stitution).

(c) Suppose the prices of x and y are px = $3 and px = $1 and you have 100 dollars. What would you choose?

(d) If px decreases to $1; what would you choose? (e) Use the Slutsky decomposition to decompose the total price e¤ect into the substitution e¤ect and income e¤ect when px decreases from $3 to $1:

The table shows the results of a survey in which 142 men and 145 woman workers age 25 to 64 were asked if they have at least one months income set aside for emergencies. Complete parts a-d. a.) Find the probability that a randomly selected worker has one months income or more set aside for emergencies. b.) Given that a randomly selected worker is male find the probability that the worker has less than one months income. c.) Given that a randomly selected woker has one months income or more, find the probablitly that the worker is female. d.) Are the events "having less than one months income saved" and "being male" independant?

3.) Reproduce a conceptual diagram of the Schaefer Curve. Label the stable and unstable equilibrium, the maximum sustainable yield, and population dynamic movements.

1:        Users of financial statements

Identify at least three types of users of financial statements. Describe their primary use of the financial statements and how the misstatement of those statements might injure the user.

2:        Overview of the Financial Statement Audit

What is a financial statement audit, and what is the overall objective of the audit? What must the auditor do to accomplish this objective?

L. Scott Mills and his colleagues examined the seasonal coat color change in snowshoe hares. Snowshoe hares are typically brown in the summer and white in the winter. They argue that a mismatch between coat color and the environment can be a big problem for these important prey animals. Answer each question in 2-6 sentences (not only “Yes” or “No” - provide examples/arguments supporting your response). Always write in your own words

1. Will snowshoe hares be able to alter their seasonal coat color change if the climate changes? What drives local adaptations? Speculate about two alternative trajectories.

How to apply process parameter of flow of HAZOP on a dishwasher, washing machine, lawn mower, car, or vacuum cleaner?

(0, 5, or 10) Describe the effect (increase or decrease) on GDP, unemployment, and inflation of each of the following: (a) war, (b) elimination of environmental regulations, and (c) cuts in welfare benefits. Explain your answers.

1. Consider an economy in which there are two industries. The wage income of a worker in one industry is $10, while the wage income of a worker in the other industry is only $4. The government, however, imposes a tax of τ dollars on each high-wage worker and provides a subsidy of σ dollars to each low-wage worker in order to reduce the income differential. The government’s tax revenue is equal to the cost of the subsidies. One-quarter of the workers are qualified to work only in the low-wage industry. The remaining workers are able to work in either industry. These workers choose to work in the high-wage industry if the difference between the after-tax income of a high-wage worker (yH ) and the subsidy-inclusive income of a low-wage worker (yL ) is more than $4. If this difference is less than $4, they will choose to work in the low-wage industry. If it is exactly $4, they do not care where they work, and any division of these workers between the two industries is possible. Find all of the pairs (yH , yL ) that can occur in this economy.

2. Consider an economy like the one above, except that the wages paid in the high-wage industry fall as the number of workers in that industry rises. In particular, assume that each worker’s wage income is w H = 4 + 3/p where p is again the fraction of workers in that industry. The wage income of lowwage workers continues to be fixed at $4. Find all of the pairs (yH , yL ) that can occur in this economy.

1. Name 3-5 types of products that experienced an increase in demand due to COVID-19. Explain why the demand for these products increased.

2. Graph the original demand function for these products and its response (shift) due to COVID-19.

3. Explain how the prices for the products, whose demand increased, will respond in the equilibrium. Explain what needs to happen to supply in order to maintain the prices of these products prior to the increase in demand caused by COVID-19. You may draw a graph to illustrate your point.

AIRLINE HOPES TO CUT COSTS, REGAIN MARKET SHARE

Air Canada unveiled its long awaited discount carrier yesterday, but warned that customers shouldn’t expect fares to immediately be lower than those already offered by Air Canada. Steve Smith, president and chief executive officer of Zip Air Inc., said the new airline is being created to cut Air Canada’s costs – not to reduce fares. ‘Right now, the price is already low, particularly in this market,’ he said, adding that prices could fall over time as the new airline reduced expenses.

Observers see the wholly owned subsidiary as a way for Air Canada to lower labor costs and win back market share it has lost in recent years to Calgary-based WestJet Airlines Ltd. Mr. Smith said a new business model is emerging in the airline market – as it has in retailing – where lower-cost, no-frills service becomes the norm. He said the full-service model for short flights is ‘going the way of the dinosaur.’ Zip is aimed at meeting that challenge in the low end of the market, he said.

Zip’s costs will be at least 20 per cent lower than those at Air Canada’s comparable mainline flights, in part because Zip’s employees will be making less money than their counterparts at Air Canada. Mr. Smith said wages will be competitive with Zip’s competitors in the low-cost market. ‘For the employees, they have to understand that they will be working for zip,’ he joked. Pamela Sachs, president of Air Canada component of the Canadian Union of Public Employees, said the union will mount a legal challenge to Air Canada’s attempts to pay so-called B-scale wages to Zip employees. ‘Air Canada gives zip by zapping its employees. They are hurting the very people who have worked so hard for them and for so long,’ she said.

Other cost-cutting measures at Zip include offering snacks instead of meals, providing no in-flight entertainment and operating only one kind of plane. There will also be less room between seats – 32 inches or 33 inches – although the seats will still have more leg room than the smallest seats at WestJet. The reduction, along with the elimination of business-class seats, will allow Zip to add 17 seats to the 100 seats in the Boeing 737-200. (WestJet has 120 seats in its Boeing 737-200s). The company will operate independently of Air Canada, although it will buy maintenance services from its parent, as well as using the larger company’s pilots.

Based upon your own work experience, or upon your studies of organizations, answer the following with respect to the case.

1. (a) Do you think the organization has realized the importance of human capital? Justify your answer

   (b) As an employee what are the sources through which you can add value to the organization. (CLO: 1)

1. Name 3-5 types of products that experienced a decrease in demand due to COVID-19. Explain why the demand for these products declined.

2. Graph the original demand function for these products and its response (shift) due to COVID-19.

A student dissolved 5.05 g of KNO3 in 100.302 g of water. The temperature changed from 25 to 21.7°C. Calculate the enthalpy of solution the student experimentally found in kJ/mole of KNO3. Is this an endothermic or an exothermic
reaction?

Analyze its operations management activities of Coca Cola company

A written report must include the following

A i. Layout of the facilities of coca cola company?

A ii. Strategies of Coca cola company

A iii. Coca Cola company’s Performance Review

You need to review on the performance of the company (Related with the previous part and review based on any topics in Operations Management) + supporting details (cite and quote references)

give three example of how can the Income Inequality Gap in the US be Improved?