Questions
Analysis/Competing Arguments (pro/con) of federalism? 300 words

Analysis/Competing Arguments (pro/con) of federalism?

300 words

In: Economics

Suppose a public referendum is being held on whether or not to levy a tax on...

Suppose a public referendum is being held on whether or not to levy a tax on cigarettes. Currently, the supply of cigarettes is given by Qs = -100 + 20P. You estimate the demand for cigarettes to be Qd = 200 - 5P.You are asked to evaluate the likely effects of a tax on cigarettes equal to $1 per pack of cigarettes. Specifically, you are to file a report which predicts by how much this will reduce the amount of cigarettes sold. You are also asked to estimate the proportion of the tax that will be paid by the cigarette companies (sellers), and the proportion of the tax that will be paid by the smokers (consumers) of cigarettes.To do this, you will first need to calculate the current price and quantity of cigarettes sold.a) (6 points) What is the equilibrium price and quantity of cigarettes? Next you know from your economics class that you will need to know the price elasticity of demand and the price elasticity of supply of cigarettes. (Note: for parts b-e, please leave your answers in the form of a fraction.)b) (6 points) What is the price elasticity of demand for cigarettes at the equilibrium price?c) (6 points) What is the price elasticity of supply of cigarettes at the equilibrium price?Using your answers to b) and c), you are now able to determine what proportion of the tax will be paid by buyers, and what proportion of the tax will be paid by sellers.d) (6 points) What proportion of the tax will be paid by sellers?e) (6 points) What price will buyers pay after the tax is imposed?f) (6 points) What quantity of cigarettes will be sold after the tax??Finally, a new proposal suggests that the tax should be levied on the cigarette companies instead of the smokers.g) (6 points) From what you have learned in this class, how should you respond to this proposal?

In: Economics

A simple random sample of size n is drawn from a population that is normally distributed....

A simple random sample of size n is drawn from a population that is normally distributed. The sample​ mean, x overbar​, is found to be 110​, and the sample standard​ deviation, s, is found to be 10. ​(a) Construct a 90​% confidence interval about mu if the sample​ size, n, is 23. ​(b) Construct a 90​% confidence interval about mu if the sample​ size, n, is 27. ​(c) Construct a 95​% confidence interval about mu if the sample​ size, n, is 23. ​(d) Could we have computed the confidence intervals in parts​ (a)-(c) if the population had not been normally​ distributed?

In: Math

During the 1950s, the United States imported wool from Great Britain, exporting wheat, while Great Britain...

During the 1950s, the United States imported wool from Great Britain, exporting wheat, while Great Britain imported wheat from the United States, exporting wool. In 1957 Hungarian-American economist Bela Balassa compared the production of wool and wheat in the United States and Great Britain. For both of these products, Balassa found that the United States could produce a larger amount of output than Great Britain. Some American politicians used this result to argue that there was no gain to the United States from continuing to import wool from Great Britain. Were the American politicians correct? Explain whether or not gains from free trade exist when one of the trading countries has the absolute
advantage in producing both goods. Explain why or why not gains from trade would exist in this case and what determines whether gains from trade exist

In: Economics

Which of the following cash payments would involve the immediate recording of an expense? Why? 1....

Which of the following cash payments would involve the immediate recording of an expense? Why?

1. Paid vendors for office supplies previously purchased on accohnt

2. Paid an auto dealer for a new company auto

3. Paid the current month's rent

4. Paid salaries for the last half of the current month

2 answers meet this requirement.

In: Accounting

Rounded Depreciation Percentages by Recovery Year Using MACRS for First Four Property Classes Percentage by recovery...

Rounded Depreciation Percentages by Recovery Year Using MACRS for
First Four Property Classes
Percentage by recovery year*
Recovery year 3 years 5 years 7 years 10 years
1 33% 20% 14% 10%
2 45% 32% 25% 18%
3 15% 19% 18% 14%
4 7% 12% 12% 12%
5 12% 9% 9%
6 5% 9% 8%
7 9% 7%
8 4% 6%
9 6%
10 6%
11 4%
Totals 100% 100% 100% 100%
A firm is considering renewing its equipment to meet increased demand for its product. The cost of equipment modifications is $1.81 million plus $120,000 in installation costs. The firm will depreciate the equipment modifications under​ MACRS, using a​ 5-year recovery period Additional sales revenue from the renewal should amount to $1.19 million per​ year, and additional operating expenses and other costs​ (excluding depreciation and​ interest) will amount to 38% of the additional sales. The firm is subject to a tax rate of 40 ​(Note​: Answer the following questions for each of the next 6​ years.)
a. What incremental earnings before​ depreciation, interest, and taxes will result from the​ renewal?
b. What incremental net operating profits after taxes will result from the​ renewal?
c. What incremental operating cash inflows will result from the​ renewal?             

In: Finance

1) (Determinants of elasticity of demand) Which of these is an example of a product that...

1) (Determinants of elasticity of demand)

Which of these is an example of a product that could be considered to have inelastic demand?

Group of answer choices

-A flower arrangement where there are many to choose from of equal quality

-You need to upgrade your computer in the next 6 months

-Utility bill for water service

-Purchasing a new home

------------------

2)

Pulling some information from a demand curve graph we get the following data points:

Q P
55 20¢
25 40¢


How would you classify the elasticity of demand for this demand curve data?

Group of answer choices

-Perfectly Elastic

-Inelastic

-Perfectly Inelastic

-Unit Elastic

-Elastic

In: Economics

DEVELOP AND DRAW CONCLUSIONS ON LIMITATIONS THAT MAY EXIST WHEN DOING OPERATION AND SUPPLY CHAIN MANAGEMENT...

DEVELOP AND DRAW CONCLUSIONS ON LIMITATIONS THAT MAY EXIST WHEN DOING OPERATION AND SUPPLY CHAIN MANAGEMENT PROJECT WORK WITH A PARTNER .

PLEASE EXPLAIN YOUR ANSWERS.ANSWERS SHOULD BE BASED ON ASSUMPTION.I DO NOT WANT ANY SHORT ANSWERS.

THANK YOU.HELP ME SOLVE FOR MY ASSIGNMENT

In: Economics

Ex if std no: 1abcde, 161667 (a=6, b=1, c=6, d=6, e=7) In my case std 174702...

Ex if std no: 1abcde, 161667 (a=6, b=1, c=6, d=6, e=7)
In my case std 174702

Q1) Design a concrete mixture proportions which will be used for offshore concrete platform. Norway is a world leader on offshore concrete platforms with 1a of the world’s 30 larger offshore concrete structures located on the Norwegian continental shelf. The first of these platforms where the Ekofisk Tank installed in 1974 and the last was Troll gravity based structure installed in 1996. The Sakhalin project is located in a harsh and artic environment where concrete structures have proven excellent characteristics with a minimum of maintenance. 80 mm slump value is required for the Sakhalin project. 28-days concrete characteristic strength is 2b MPa. It is required that no more than 1 test result in 100 will fall below the specified strength. The fine aggregate has a fineness modulus of 2.60 and Zone 3. For Coarse Aggregate (Uncrushed): SSD Bulk Specific Gravity: 2.65, Absorption Capacity: 2.b %, Total Moisture: 1.c % and Dry Rodded Unit Weight: 1345 kg/m3. For Fine Aggregate (Uncrushed): SSD Bulk Specific Gravity: 2.70, Total Moisture: 3.d % and Free Moisture: 2 %. Cement: Portland Composite Cement, Specific Gravity: 2.97. For 0.e5 m3 of concrete, binder amount is calculated as 120 kg (Use ACI Method of Mix Design)

Q2) What would be the maximum aggregate size used for the given mixture properties by using ACI Method of Mix Design. 28-day specified concrete strength is 3b Mpa, standard deviation is choosen as 3.a Mpa and it is required that no more than 1 test result in 200 will fall below the specified strength.
Project Title: Detoration of wood column of a commercial building
Project summary: Wood deterioration at the lower level of a heavy timber column, which supports five floor levels, was remedied by removing a section of column and the construction of a new concrete pier and footing.
For Coarse Aggregate (Uncrushed): SSD Bulk Specific Gravity: 2.60, Absorption Capacity: 1.8 %, Total Moisture: 2.3 % and Dry Rodded Unit Weight: 1430 kg/m3.
For Fine Aggregate (Crushed): SSD Bulk Specific Gravity: 2.70, Total Moisture: 3.c % and Free Moisture: 1.d %. FM= 2.65, Zone II.
Cement: Portland Composite Cement, Specific Gravity: 3.01. For 0.2a m3 cement is calculated as 12b kg.

Q3) use the data in question 2 and determine the amount of chemical admixture required for 0.b% and 0.cd%

In: Civil Engineering

Use the following data to work Problems 1 to 4: The following events have occurred in...

Use the following data to work Problems 1 to 4:

The following events have occurred in the history of the United States:

  • A deep recession hits the world economy.
  • The world oil price rises sharply.
  • U.S. businesses expect future profits to fall

Explain the separate effects of each event on U.S. real GDP and the price level, starting from a position of long-run equilibrium

In: Economics

the 4 factors limiting a respondents reliability and discuss how these factors can be controlled

the 4 factors limiting a respondents reliability and discuss how these factors can be controlled

In: Psychology

Practice questions (1)        The standard costs of wooden ducks on wheels, for the CURRENT year, for...

Practice questions

(1)        The standard costs of wooden ducks on wheels, for the CURRENT year, for 5 mm board and for cutting are as follows:-

            5 mm board: 0.2 sq. metre at £4.50 per sq. metre.

            Cutters: 1.5 minutes at £7.20 per hour.

In the most recent period, 120 wooden ducks on wheels were produced.

25 sq. metres of 5 mm board were requisitioned from stores at a total cost of £110.

            2.75 hours were recorded for cutters at a total cost of £22.

            Required

(a)        Calculate the material price variance and material usage variance for 5 mm board

(ii)        Calculate the wage rate variance and labour efficiency variance for cutters

           

Suggest possible reasons for the variances calculated.

(2)        Given standard cost per unit:

            Direct materials (4 kg. @ 75p per kg)

            Direct labour (2 hrs @ £1.60 per hr)

            Actual details are:

           

£

Output produced (units)

          38,000

           

Direct material purchased

        180,000 kg

            126,000

           issued to production

        154,000 kg

Direct labour

          78,000 hrs

            136,500

            Calculate:         Material and labour variances.

In: Accounting

1). Describe in as much detail as you can the Homeostatic Feedback Loop for the regulation...

1). Describe in as much detail as you can the Homeostatic Feedback Loop for the regulation of blood calcium levels (Calcium homeostasis). (This is an Endocrine (Hormonal) reflex).

2. Describe the structure and function of cardiac and smooth muscle physiology. Compare and contrast the physiology of skeletal, cardiac, and smooth muscle contraction. Include in your discussion the regulatory and contractile proteins involved in contraction as well as the source of calcium for contraction in all 3 muscle types

In: Anatomy and Physiology

Part A Tank Corporation manufactures and sells 300,000 electrical meters using a capacity of 110,000 machine...

Part A

Tank Corporation manufactures and sells 300,000 electrical meters using a capacity of 110,000 machine hours, enough to make 330,000 units each year, which usually includes 30,000 units that have to be reworked. Contribution margin –CM - per saleable unit is $8. Additional costs per reworked unit are:

      $7

Company engineers have devised a new process that would completely eliminate defects and therefore avoid the need for rework, and would actually increase capacity, however, this will add $315,000 in fixed manufacturing overhead each year.

Required:

1.      Determine the impact of the new process if Tank were to produce the same quantity of units as in the past. Clearly show any cost savings and extra costs.

Part B     

       Assume that Tank has proceeded with the anticipated changes, and is exploring new markets as a result of the engineering changes referred to above aswell as the increase in capacity, and has accepted a proposal to make 20,000 units of a modified version of the meter which will generate $10 of contribution margin per unit.

Required:

2.      Should Tank go ahead with this new job? Explain with proof.

3.      What other nonfinancial and qualitative factors should be considered in making this decision?

In: Accounting

1. Enhance Binary System Conversion program with Lab05.2 Addition Function Write a program that accepts two...

1. Enhance Binary System Conversion program with Lab05.2 Addition Function Write a program that accepts two positive binary number in string and perform the addition with Lab05.2 function enhance in a way can accept binary string in addition to decimal string (use input parameter to control the base2 or base10 addition) and output the as binary string. (Optional: Demonstrate 8 bits and 16 bits in length as inputs.) // the example function prototype for addition function below where accepting two numbers, m, and base as input; output the addition result as string type as return value; base should be 2 or 10 as required. string addFunction(string numberA, string numberB, int m, int base); Requirement: C++ programing; program an addition algorithm function that can both accept binary and decimal addition; convert each other if necessary. ................................................................................................................................................................................................................

Requirement:

1. Write a string addFunction that both can accept two positive binary numbers and decimal numbers in string.

2. The example function prototype for addition function below where accepting two numbers,m, and base as input; output the addition result as string type as return value; base should be 2 or 10 as required.

3. Output needs as binary string.

4. Example for String addFuntion(string numberA, string number B, int m, int base).

Program language: C++

In: Computer Science