Explain why these misconceptions are not true:

• Most economies function on their Production possibilities curve.

• Savings lowers economic activity.

• Government budget debt and deficit mean the same thing.

• Decisions made in Washington D.C. have little impact on the economy.

• Government spending stimulates demand but will not affect inflation.

• The government can never shut down.

A chemical factory and fishery are located on the same lake. Suppose the chemical factory has the property right to use the lake, and that its pollution is reducing the number of fish in the lake which directly harms the fishery. The marginal damage function is given by MD = 5E and the marginal abatement function is given by MAC = 1000-5E. Emissions are in units per month and costs are in dollars per unit of emission. How much would the fishery need to offer the factory per month to reduce emissions to the socially efficient level? How much better off would this make the fishery compared to a situation where the factory does not reduce any emissions? How much better off would the factory be if it accepts the fishery’s offer and reduces its emissions to the socially efficient level?

1) Fill in the blanks: Fishery will offer to pay $_______ making the fishery better off by $_______.. The factory will be better off by$______.

United Motors specializes in producing one specialty vehicle. It is called Surfer and is styled to easily fit multiple surfboards in its back area and​ top-mounted storage racks.

United has the following manufacturing​ costs:

United currently produces 180 vehicles per month

Plant management​ costs, $1,728,000 per year
Cost of leasing​ equipment, $2,856,000 per year
​Workers' wages, $800 per Surfer vehicle produced
Direct materials​ costs: Steel, $1,600 per​ Surfer; Tires, $150 per​ tire, each Surfer takes 5 tires​ (one spare)
City​ license, which is charged monthly based on the number of tires used in​ production:
	​0-500 tires	$70,000
	​501-1,000 tires	$80,000
	more than​ 1,000 tires	$230,000

Requirements

1.	What is the variable manufacturing cost per​ vehicle? What is the fixed manufacturing cost per​ month?
2.	Plot a graph for the variable manufacturing costs and a second for the fixed manufacturing costs per month. How does the concept of relevant range relate to your​ graphs? Explain.
3.	What is the total manufacturing cost of each vehicle if 95 vehicles are produced each​ month? 220 vehicles? How do you explain the difference in the manufacturing cost per​ unit?

How to determine particle size using UV Visible spectroscopy

Blindsight is a paradoxical phenomenon where people with damage to the primary visual cortex can respond to visual stimuli without being consciously aware of them. What do you make of these separate "unconscious" vision pathways? What do they tell us about the visual system?

Roemer’s approach to equality of opportunity is based on characteristics, while the mobility approach is based on how incomes or social status differ across generations. Do you think that these approaches are at odds with each other, or are they complementary? Explain your position. Your explanation should include some details of what the approaches measure and how they do so.

Calculate The Following Elements Used to Derive a Cap Rate - Sinking Fund Factor

1. Loan/Holding Period 10 Equity Yield Rate 8%            _____________
2. Loan/Holding Period 10 Equity Yield Rate 9%            _____________
3. Loan/Holding Period 10 Equity Yield Rate 10%          _____________
4. Loan/Holding Period 10 Equity Yield Rate 11%          _____________

1) Use MATLAB to solve this differential equation. ??/?? = .25? (1 − ?/4 ) - a

2) Use MATLAB to graph solution curves to this system with several different initial values. Be sure to show at least one solution curve for each of the scenarios found in ??/?? = .25? (1 − ?/4 ) - a ( let a = 0.16)

Dickson, Inc., has a debt-equity ratio of 2.55. The firm’s weighted average cost of capital is 12 percent and its pretax cost of debt is 10 percent. The tax rate is 23 percent.

  

a.	What is the company’s cost of equity capital? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
b.	What is the company’s unlevered cost of equity capital? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
c.	What would the company’s weighted average cost of capital be if the company's debt-equity ratio were .55 and 1.55? (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)

    

Give example of a factor-price distortion in LDCs? Explain how it impacts their economic growth.

PLEASE SOLVE THIS QUESTION IN AN EXCEL SHEET ?

1 a. Given that food sales are $450,000 for the year and beverages sales are 80,000, prepare   a statement of income for Mavericks Restaurant using the expenses below. (Use Figure 1.1 on pg 5 as a guide). Hint: Remember “controllable fixed” costs fall under Other Controllable Expenses. (round to two decimal points)

Administrative Expenses     $4,000

Employee Benefits $27,550

Cost of food sold $140,000

Salaries and wages $120,000

Utilities $26,000

Depreciation on equipment $14,100

Cost of beverages sold $16,230

Interest expense     $3,100

Occupancy costs $33,200

Advertising     $5,000

b. Based on the figures above, calculate:

Prime cost percent

Overhead cost percent

Profit percent

(Remember to ensure they equal up to 100%)

Labor cost percent

Food cost percent

1-In green plants and algae the red and blue wavelengths of light are predominantly used. Describe an experiment that can be used to test this. 100 marks

2-Describe either 1) peat bogs or 2) cloud forests and explain why they are important habitats for bryophytes. 100 marks

Ron Reagan, an assembly worker at Republican Iron Works, has been timed performing four work elements, with the results in the below table. The allowances for tasks are personal, 8%; stretch, 10%; and delay 3%.

Task	perfomance%	obser
	rating	1	2	3	4	5
1	105	.5	.3	.6	.4	.4
2	96	.7	.8	.7	.6	.7
3	90	.6	.4	.7	.5	.6
4	75	1.5	1.6	2.0	1.7	1.5

A. WHAT IS THE NORMAL TIME?

B. WHAT IS THE STANDARD TIME?

C. A product is currently made in a process-focused shop, where fixed costs are $12,000 per year and variable cost is $45 per unit. The firm currently sells 225 units of the product at $100 per unit. A manager is considering a repetitive focus to lower costs (and lower prices, thus raising demand). The costs of this proposed shop are fixed costs = $18,000 per year and variable costs = $10 per unit. If a price of $70 will allow 400 units to be sold, what profit (or loss) can this proposed new process expect? Do you anticipate that the manager will want to change the process? Explain. Show the profit and breakeven point in units and sales dollars for each option

Louis C.K. and other comedians try to subvert the Ticketmaster monopoly, there will be changes to the market for standup tickets. You will draw and explain this market conversion. In your first graph, begin with a market that is in monopoly as dominated by Ticketmaster. Depict the price and quantity (e.g. you’ll need a MR curve, a demand curve, MC/supply curve, and any consumer and producer surplus and deadweight loss). Then, in the next graph, depict the market as it becomes perfectly competitive. Depict how price and quantity change (e.g. this graph should display the monopoly price and quantity, then you should show the competitive price and quantity for comparison, as well as the new areas of consumer and producer surplus and deadweight loss). Make sure you’re clear on the graph and in your answer about what happens to price and quantity as the monopoly market is converted to perfect competition by Louis C.K.’s action (e.g. what increases, what decreases?). Also, make sure you make a clear statement about changes in efficiency (e.g. how consumer surplus, producer surplus, total surplus, and deadweight loss change)

	Organic food products		Beverages
	Price $	Quantity (tons)	Price $	Quantity (tons)
2015	5	3	1	20
2016	6	4	2	30
2017	8	5	3	40

Use the following information about an economy that produces only two types of products, organic food products and beverages. Calculate the following for the years 2015, 2016 and 2017, unless otherwise requested:

1. the nominal GDP
2. the real GDP using 2015 as the base year
3. the GDP deflator
4. the annual percentage change in nominal GDP for 2016 and 2017
5. the annual percentage change in real GDP for 2016 and 2017
6. the inflation using the GDP deflator for 2016 and 2017 (percentage

change in GDP deflator)

change in GDP deflator)