Assignment 3: Network Security Planning - SAFE
· Securing a large internetwork remains a daunting challenge. Cloud computing and social networks add to this complexity. In two to three (2-3) pages, and using the CISCO SAFE reference architecture, review the modules that afford an organization the foremost protection in evolving technologies and media.
Write a two to three (2-3) page paper in which you:
1. Determine if the SAFE architecture has any limitations.
Use at least three (3) quality resources in this assignment. Note: Wikipedia and similar Websites do not qualify as quality resources.
Your assignment must follow these formatting requirements:
. Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
. Include a cover page containing the title of the assignment, the student's name, the professor's name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
1/2
Managerial Economics Formulas1
Elasticity of Demand
,
%
%
%
%
%
%
x x x
p
x x x
x x x
I
D
xX Y
x y
Y y x
Q dQ P
E
P dP Q
Q dQ P
E
I dI I
dQQ P
E
P dP Q
Price, Marginal Revenue and Elasticity
1 1
1
1
1P
P
MR P P MR
E
E
Consumption Theory
X
XY
Y
X X X Y
Y Y X Y
X Y
MU
MRTS
MU
MU P MU MU
MU P P P
X P Y P I
Calculus Rules: Derivatives
If , 0
dy
y a then
dx
If
1
,
b bdY
y ax then abx
dx
If ,
dy dy dz
y u x z x then
dx dx dx
If . , then
dY dZ dU
y u x z x u z
dx dx dx
If
2
. .
,
du dz
z u
u x dy dx dxy then
z x dx z
At Maximum
2
2
0
Y
X
and at minimum
2
2
0
Y
X
Production Theory
( )
L L L
L K L L
L K K K
L K
TP d TP
AP MP P MP W
L dL
MP MP MP P
P P MP P
TC L P K P
1
Ibrahim Elsaify, Applications in Managerial Economics, 2011. All Rights Reserved.
2/2
Economies of Scale
( , )
( , )
Q f L K
Q f L K
Q Q IRS
Economies of Scope
, ) , 0) , )
) ) , )
, 0
, )
( ( (0
( ( (
(
x y x y
x y x y
x y
Economies of Scope
Also S Economies of Scope
TC Q Q TC Q TC Q
TC Q TC Q TC Q Q
TC Q Q
Equilibrium Conditions:
Market Equilibrium:
Q Q
d s
Firm Equilibrium: MR = MC where
( ) ( )
d TR d TC
MR and MC
dQ dQ
where TR TC TR P Q
Cost Functions
( ) ( )
AC AVC AFC
TC TVC TFC
TC TVC TFC
Q Q Q
d TC d TVC
MC
dQ dQ
Market Concentration
a. N-Firm Concentration Ratio (N-Firm CR)
1 2 3 4
4 1 2 3 4
: i
i
T T
S S S S S
C W W W W Wher.
1
MICROECONOMICS
Part I. Short:
1. Total (domestic) social surplus (TS) is the sum of consumers surplus (CS), producers
surplus (PS) of domestic firms and government revenue (GR). If we compare
between a tariff that restricts imports to a maximum of N units (where N is positive)
and an equivalent quota that reduces imports to the same amount of N units, the
________________ will generate higher government revenue (GR) and the
________________ will generate higher total domestic social surplus (TS).
2. A shale-fracking mine produces oil at a marginal cost of 𝑀𝐶 = 10 + 0.90𝑞 where q
is barrels of oil. It supplies competitively at a price of P = $55 per barrel. Each barrel
of oil generates groundwater pollution which is estimated to have a marginal
external cost (MEC) of 𝑀𝐸𝐶 = 0.60𝑞. Without regulation, it would produce q =
_________________ barrels. If environmental regulators were to force the firm to
fully recognize the costs of the pollution generated by each barrel produced, this
firm would end up producing q = ________________ barrels of oil.
3. Below is a graph of a first-degree perfect price discriminating monopolist’s unit cost
and revenue curves (D = demand curve, MR = marginal revenue, MC = marginal cost,
ATC = average cost). Units of output are measured on the horizontal axis and the
vertical axis measures dollars per unit:
For the perfect price discriminating monopolist, total profits (not producer’s surplus)
are $________________ and total consumer surplus is $_______________. If this
monopolist could not price-discriminate and had to sell its output at a common
single price per unit then its total profits would be $________________ and total
consumer surplus would be $________________.
2
Part II. Analysis. Provide appropriate analysis and discussion to the following sets of
questions. Provide details of your logic or calculations where requested or where
relevant. Carefully label and explain any graphs—by themselves graphs are not self-
explanatory! I also appreciate clear writing (and handwriting). Make sure you address
all the sub-questions asked. You may use the extra sheet at the end of this exam for
calculations or extended answers.
1. Question (1) (10 points) Christiane, a typical SAIS M.A. student, derives satisfaction
from her consumption every semester of two goods: leisure activities (L) and SAIS
courses (C). Suppose that her utility function is given by 𝑈 = 𝐿
3
4 𝐶
1
4 where L and C
are the amounts of the two goods consumed per semester. For your convenience,
the marginal utilities of L and of C are supplied in the table below. Also given below
are the prices per unit of L and of C:
MUL MUC PL (in $) PC (in $)
3
4
(
𝐶
𝐿
)
1
4
1
4
(
𝐿
𝐶
)
3
4
15,000 5,000
(a) (7 points) If Christiane’s budget or available income each semester for these two
goods is I = 60,000, what would be her utility-maximizing combination of L
I am Barry A. I am a Microeconomics Assignment Expert at economicshomeworkhelper.com/. I hold a Ph.D. in Microeconomics. I have been helping students with their homework for the past 5 years. I solve assignments related to Microeconomics Assignment.
Visit economicshomeworkhelper.com/ or email info@economicshomeworkhelper.com .
You can also call on +1 678 648 4277 for any assistance with MICROECONOMICS ASSIGNMENT HELP.
Compute the inflation rate for each year 1993-201 2 and determ.docxmaxinesmith73660
Compute the inflation rate for each year 1993-201 2 and determine
which were years of inflation. ln which years did deflation occuP ln
which years did disinflation occur? Was tirere hyperinflation in any yeaf
* (Sources of tnflation)Usingthe concepts of aggregate supply and ag-
gregate demand, explain why inflation usually increases during wartime.
s. (nftatiln and lnterest Rates) Using a demand-supply diagram
for loanable funds (like the exhibit below), show what happens
to the nominal interest rate and the equilibrium quantity of loans
when both bonowers and lenders increase their estimates of the
expected inflation rate from 5 percent to 1 0 percent.
The Market for Loanable Funds
Loanable funds per period
7-4 Explain how unanticipated inflation harms
some individuals and harms the economy
as a whole
10, (AnticipatedVersus Unanticipated lnflation) lf actual inflation ex-
ceeds anticipated inflation, who will lose purchasing power and who
will gain? How does unanticipated inflation harm the economy?
GHAPTER 8
8-1 Describe how we measure labor
productivity, and explain why is it
important for a nation's standard of living
(Measuring Labor Productivily) How do we measure labor productivitf
How do changes in labor productivity affect the U.S. standard of living?
(Growth and the PPF) Use the production possibilities frontier (PPD
to demonstrate economic growth.
a. With consumption goods on one axis and capital goods on the
other, show how the combination of goods selected this period
affects the PPF in the next period.
b. Extend this comparison by choosing a different point on this
period's PPF and determining whether that combination leads to
more or less growth over the next period.
(Shifts in the PPflferrorist attacks foster instability and may affect
productivity over the short and long term. Do you think the
September 1 l, 2001, terrorist attacks on the World Trade Center
and the Pentagon affected short- and/or longterm productivity in
the United States? Explain your response and show any move-
ments in the PPF.
o
o
o
o
o
.Ei
o
c
c
oz
33O PROBLEMS APPENDIX
8-2 Summarize the history of U.S.labor
productivity changes since World War II
and explain why these changes matter
(Labor Productivity) ldentify at least four definable periods of labor
productivity growth beginning right after World War ll. During which
periods was productivity growth lowest and why? (Refer to Exhibit 6
inthe chapter.)
(Long-Term Productivity Growfhl Suppose that two nations start
out in 201 3 with identical levels of output per work hour-say,
$100 per hour. ln the first nation, labor productivity grows by
1 percent per year. ln the second, it grows by 2 percent per
year. Use a calculator or a spreadsheet to determine how much
output per hour each nation will be producing 20 years later, as-
suming that labor productivity growth rates do not change. Then,
determine how much eacll will be producing per hour 100 years
later. What.
BUS 640 HOMEWORK Achievement Education--bus640homework.comclaric150
FOR MORE CLASSES VISIT
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Week 1
Problem 1:
A generous university benefactor has agreed to donate a large amount of money for student scholarships. The money can be provided in one lump sum of $12 million in Year 0 (the current year), or in parts, in which $7 million can be provided at the end of Year 1, and another $7 million can be provided at the end of Year 2.
Describe your answer for each item below
1
MICROECONOMICS
Part I. Short:
1. Total (domestic) social surplus (TS) is the sum of consumers surplus (CS), producers
surplus (PS) of domestic firms and government revenue (GR). If we compare
between a tariff that restricts imports to a maximum of N units (where N is positive)
and an equivalent quota that reduces imports to the same amount of N units, the
________________ will generate higher government revenue (GR) and the
________________ will generate higher total domestic social surplus (TS).
2. A shale-fracking mine produces oil at a marginal cost of 𝑀𝐶 = 10 + 0.90𝑞 where q
is barrels of oil. It supplies competitively at a price of P = $55 per barrel. Each barrel
of oil generates groundwater pollution which is estimated to have a marginal
external cost (MEC) of 𝑀𝐸𝐶 = 0.60𝑞. Without regulation, it would produce q =
_________________ barrels. If environmental regulators were to force the firm to
fully recognize the costs of the pollution generated by each barrel produced, this
firm would end up producing q = ________________ barrels of oil.
3. Below is a graph of a first-degree perfect price discriminating monopolist’s unit cost
and revenue curves (D = demand curve, MR = marginal revenue, MC = marginal cost,
ATC = average cost). Units of output are measured on the horizontal axis and the
vertical axis measures dollars per unit:
For the perfect price discriminating monopolist, total profits (not producer’s surplus)
are $________________ and total consumer surplus is $_______________. If this
monopolist could not price-discriminate and had to sell its output at a common
single price per unit then its total profits would be $________________ and total
consumer surplus would be $________________.
2
Part II. Analysis. Provide appropriate analysis and discussion to the following sets of
questions. Provide details of your logic or calculations where requested or where
relevant. Carefully label and explain any graphs—by themselves graphs are not self-
explanatory! I also appreciate clear writing (and handwriting). Make sure you address
all the sub-questions asked. You may use the extra sheet at the end of this exam for
calculations or extended answers.
1. Question (1) (10 points) Christiane, a typical SAIS M.A. student, derives satisfaction
from her consumption every semester of two goods: leisure activities (L) and SAIS
courses (C). Suppose that her utility function is given by 𝑈 = 𝐿
3
4 𝐶
1
4 where L and C
are the amounts of the two goods consumed per semester. For your convenience,
the marginal utilities of L and of C are supplied in the table below. Also given below
are the prices per unit of L and of C:
MUL MUC PL (in $) PC (in $)
3
4
(
𝐶
𝐿
)
1
4
1
4
(
𝐿
𝐶
)
3
4
15,000 5,000
(a) (7 points) If Christiane’s budget or available income each semester for these two
goods is I = 60,000, what would be her utility-maximizing combination of L
I am Barry A. I am a Microeconomics Assignment Expert at economicshomeworkhelper.com/. I hold a Ph.D. in Microeconomics. I have been helping students with their homework for the past 5 years. I solve assignments related to Microeconomics Assignment.
Visit economicshomeworkhelper.com/ or email info@economicshomeworkhelper.com .
You can also call on +1 678 648 4277 for any assistance with MICROECONOMICS ASSIGNMENT HELP.
Compute the inflation rate for each year 1993-201 2 and determ.docxmaxinesmith73660
Compute the inflation rate for each year 1993-201 2 and determine
which were years of inflation. ln which years did deflation occuP ln
which years did disinflation occur? Was tirere hyperinflation in any yeaf
* (Sources of tnflation)Usingthe concepts of aggregate supply and ag-
gregate demand, explain why inflation usually increases during wartime.
s. (nftatiln and lnterest Rates) Using a demand-supply diagram
for loanable funds (like the exhibit below), show what happens
to the nominal interest rate and the equilibrium quantity of loans
when both bonowers and lenders increase their estimates of the
expected inflation rate from 5 percent to 1 0 percent.
The Market for Loanable Funds
Loanable funds per period
7-4 Explain how unanticipated inflation harms
some individuals and harms the economy
as a whole
10, (AnticipatedVersus Unanticipated lnflation) lf actual inflation ex-
ceeds anticipated inflation, who will lose purchasing power and who
will gain? How does unanticipated inflation harm the economy?
GHAPTER 8
8-1 Describe how we measure labor
productivity, and explain why is it
important for a nation's standard of living
(Measuring Labor Productivily) How do we measure labor productivitf
How do changes in labor productivity affect the U.S. standard of living?
(Growth and the PPF) Use the production possibilities frontier (PPD
to demonstrate economic growth.
a. With consumption goods on one axis and capital goods on the
other, show how the combination of goods selected this period
affects the PPF in the next period.
b. Extend this comparison by choosing a different point on this
period's PPF and determining whether that combination leads to
more or less growth over the next period.
(Shifts in the PPflferrorist attacks foster instability and may affect
productivity over the short and long term. Do you think the
September 1 l, 2001, terrorist attacks on the World Trade Center
and the Pentagon affected short- and/or longterm productivity in
the United States? Explain your response and show any move-
ments in the PPF.
o
o
o
o
o
.Ei
o
c
c
oz
33O PROBLEMS APPENDIX
8-2 Summarize the history of U.S.labor
productivity changes since World War II
and explain why these changes matter
(Labor Productivity) ldentify at least four definable periods of labor
productivity growth beginning right after World War ll. During which
periods was productivity growth lowest and why? (Refer to Exhibit 6
inthe chapter.)
(Long-Term Productivity Growfhl Suppose that two nations start
out in 201 3 with identical levels of output per work hour-say,
$100 per hour. ln the first nation, labor productivity grows by
1 percent per year. ln the second, it grows by 2 percent per
year. Use a calculator or a spreadsheet to determine how much
output per hour each nation will be producing 20 years later, as-
suming that labor productivity growth rates do not change. Then,
determine how much eacll will be producing per hour 100 years
later. What.
BUS 640 HOMEWORK Achievement Education--bus640homework.comclaric150
FOR MORE CLASSES VISIT
www.bus640homework.com
Week 1
Problem 1:
A generous university benefactor has agreed to donate a large amount of money for student scholarships. The money can be provided in one lump sum of $12 million in Year 0 (the current year), or in parts, in which $7 million can be provided at the end of Year 1, and another $7 million can be provided at the end of Year 2.
Describe your answer for each item below
I am Allen B. I am an Urban Studies and Planning
Expert at economicshomeworkhelper.com/. I hold a Ph.D. in Economics. I have been helping students with their homework for the past 7 years. I solve assignments related to Urban Studies and Planning Assignment.
Visit economicshomeworkhelper.com/ or email info@economicshomeworkhelper.com .
You can also call on +1 678 648 4277 for any assistance with Urban Studies and Planning.
For more course tutorials visit
www.bus640.com
Week 1
Problem 1:
A generous university benefactor has agreed to donate a large amount of money for student scholarships. The money can be provided in one lump sum of $12 million in Year 0 (the current year), or in parts, in which $7 million can be provided at the end of Year 1, and another $7 million can be provided at the end of Year 2.
For more course tutorials visit
www.bus640.com
Week 1
Problem 1:
A generous university benefactor has agreed to donate a large amount of money for student scholarships. The money can be provided in one lump sum of $12 million in Year 0 (the current year), or in parts, in which $7 million can be provided at the end of Year 1, and another $7 million can be provided at the end of Year 2.
BUS 640 Introduction Education--bus640.comkopiko222
For more course tutorials visit
www.bus640.com
Week 1
Problem 1:
A generous university benefactor has agreed to donate a large amount of money for student scholarships. The money can be provided in one lump sum of $12 million
BUS 640 Inspiring Innovation -- bus640.comkopiko103
For more course tutorials visit
www.bus640.com
Week 1
Problem 1:
A generous university benefactor has agreed to donate a large amount of money for student scholarships. The money can be provided in one lump sum of $12
For more course tutorials visit
www.bus640.com
Week 1
Problem 1:
A generous university benefactor has agreed to donate a large amount of money for student scholarships. The money can be provided in one lump sum of $12 million in Year 0 (the current year), or in parts, in which $7 million can be provided at the end of Year 1, and another $7 million can be provided at the end of Year 2.
FellowBuddy.com is an innovative platform that brings students together to share notes, exam papers, study guides, project reports and presentation for upcoming exams.
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Week 1
Problem 1:
A generous university benefactor has agreed to donate a large amount of money for student scholarships. The money can be provided in one lump sum of $12 million in Year 0 (the current year), or in parts, in which $7 million can be provided at the end of Year 1, and another $7 million can be provided at the end of Year
I am Elena Y. I am a Microeconomics Exam Helper at liveexamhelper.com. I hold a PhD in Economics, from Queen's University of Canada. I have been helping students with their exams for the past 5 years. You can hire me to take your exam on Microeconomics.
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Atul N Roy Page 1 Quiz 1 Refer to the following .docxikirkton
Atul N Roy Page 1
Quiz 1
Refer to the following time plot that shows the number of breeding
bald eagle pairs in the lower United States and answer the questions
1-2.
1. For which year is the number pairs of bald eagles is lowest according
to the above plot?
2. Write the approximate number of pairs of bald eagles in the year
2000.
Atul N Roy Page 2
Refer to the following display for the questions 3-4
3. The total revenue received according to the above display is
approximately
________________________
4. The percentage of revenue contributed by the state is approximately
___________________________
Atul N Roy Page 3
5. Approximately what percentage of the expenses is in the area of
operations and maintenance?
_________________________
Atul N Roy Page 4
Refer to the following stem plot for the questions 6-10
The stem plot displays the number of hours that a sample of
15 students spent studying for a calculus final exam
0* 9
1*
1* 2333
1* 45
1* 6
1* 8899
2 * 0
2 * 2
2* 4
6. What is the mean of this data?
7. What is the median of this data?
8. What is the first quartile of this data?
9. What is the third quartile of this data?
10. What is the inter quartile range of this data?
11. It is discovered that 24 hours was a typographical error for 42
hours. How will this error change the answer for mean in the question
#?
12. It is discovered that 24 hours was a typographical error for 42
hours. How will this error change the answer for median in the
question #7?
Atul N Roy Page 5
Use the following histogram for answering questions 13-16
The histogram refers to the family incomes of 100 families in a certain
county
13. Fill in the following table based on the information from the
above histogram.
Class (1000s of $$) MIDPOINT Frequency
500 income
10050 income
150100 income
200150 income
250200 income
300250 income
350300 income
400350 income
450400 income
500450 income
550500 income
600550 income
14. Write the % families with income less than $50000
Atul N Roy Page 6
15. Write an approximate value of the mean for the data
represented by this histogram.
16. Write the class that contains the median value for this data.
For the questions 17‐19 use the following sample data for the time that it took members of a search
committee to go through 6 applications, the time is in minutes.
12, 18, 23, 27, 28, 30
17. Find the mean x of this data.
18. Fill the following table
x xx 2xx
12
18
23
27
28
30
19. Find the standard deviation s of this data.
20. A bag of candies contains 20 candies, 8 of which are red, 6 blue,
3 yellow, and 3 green. A candy is randomly drawn. Write the
probability that this candy will be red.
Atul N Roy Page 7
21. R ...
FOR MORE CLASSES VISIT
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1. The mean gas mileage for a hybrid car is 56 miles per gallon. Suppose that the gasoline mileage is approximately normally distributed with a standard deviation of 3.2 miles per gallon.
FOR MORE CLASSES VISIT
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1. The mean gas mileage for a hybrid car is 56 miles per gallon. Suppose that the gasoline mileage is approximately normally distributed with a standard deviation of 3.2 miles per gallon.
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1. The mean gas mileage for a hybrid car is 56 miles per gallon. Suppose that the gasoline mileage is approximately normally distributed with a standard deviation of 3.2 miles per gallon.
2. What conditions must n satisfy to make the x2 test valid?
3. To use the t-statistic to test for a difference between the means of two populations, what assumptions must be made about the two populations? About the two samples?
FOR MORE CLASSES VISIT
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1. The mean gas mileage for a hybrid car is 56 miles per gallon. Suppose that the gasoline mileage is approximately normally distributed with a standard deviation of 3.2 miles per gallon.
2. What conditions must n satisfy to make the x2 test valid?
3. To use the t-statistic to test for a difference between the means of two populations, what assumptions must be made about the two populations
ASSIGNMENT 3 POWER, POLITICS, AND CULTURE Due Week 9 and .docxdanielfoster65629
ASSIGNMENT 3: POWER, POLITICS, AND CULTURE
Due Week 9 and worth 190 points
In Assignment 2, you created a professional development plan using EI building blocks and motivation. In
this last assignment, you will examine how politics and power influence an organization and its culture.
In business, power and politics greatly influence an organizational culture and may hinder organizational
productivity. In your role as consultant you observed power and politics influence on the corporate culture.
INSTRUCTIONS
Following SWS standards, write a 5 to 7 page report that addresses the following:
1. Influence of Politics and Power
○ Explain how politics and power-play may have influenced the organization’s culture.
2. Sources of Power
○ Explore the sources of power and describe how management could use this influence to
benefit the department and improve organizational performance.
3. Leadership Behavior and Culture
○ Make recommendations that support how the study of power and politics could influence
leadership behavior and improve the organization’s culture.
4. Leadership Influence
○ Discuss the importance and complexity of leadership behavior in solving the issue you
identified. How does it influence organizational structure and performance?
5. References and Citations
○ Go to https://research.strayer.edu to locate at least two resources.
○ In-text citations are required when paraphrasing or quoting another source.
6. Formatting and Writing Standards
○ Formatting and writing standards are part of your grade. Align your formatting to the
Strayer Writing Standards.
*Grading for this assignment will be based on the following criteria and evaluation standards:
https://research.strayer.edu/
https://research.strayer.edu/
POINTS: 190 ASSIGNMENT 3: POWER, POLITICS, AND CULTURE
Criteria Exemplary
100% - A
Proficient
85% - B
Fair
75% - C
Unacceptable
0% - F
1. Influence of
Politics and
Power
Weight: 20%
Completely explains
how politics and
power-play may have
influenced the
organization’s culture.
Accurately identifies
the core issues and
strongly connects them
to the impact on
culture. The
explanation is well-
supported by research.
Satisfactorily explains
how politics and power-
play may have
influenced the
organization’s culture.
Identifies some core
issues and connects
them to the impact on
the culture. The
explanation uses
research support.
Partially explains how
politics and power-play
may have influenced the
organization’s culture.
Identifies some issues but
does not fully explore them
or make a strong
connection to their impact.
Uses little research
support.
Does not explain
how politics and
power-play may
have influenced the
organization’s
culture.
2. Sources of
Power
Weight: 20%
Completely identifies
the sources of power
and describes how
management could
use th.
Assignment 3 Organization of a Health Care FacilityDue Week 6 and.docxdanielfoster65629
Assignment 3: Organization of a Health Care Facility
Due Week 6 and worth 200 points
Your reputation as a renowned administrator to successfully lead mergers and acquisitions of hospitals precedes you, and you have been hired to create and open a new specialty health care business. This is a clinic with physicians who specialize in the following areas: dermatology, gynecology, heart disease, respiratory disease, surgery, and gastroenterology. It is located in an exclusive neighborhood.
Write an eight to twelve (8-12) page paper in which you:
1.
Determine whether you would incorporate and state the advantages and disadvantages of doing so.
2.
Determine the feasibility of a profit or nonprofit organizational status for this facility.
3.
Create a contract structure, including four (4) necessary clauses, for inclusion for medical staff for this facility.
4.
Outline a plan to hire or appoint specialists for the clinic.
5.
Justify the decision to accept Medicare or Medicaid as potential pay sources for this exclusive clinic.
6.
Use at least five (5) quality academic resources in this assignment. Note: Wikipedia and other Websites do not quality as academic resources.
Your assignment must follow these formatting requirements:
·
Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
·
Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
.
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A generous university benefactor has agreed to donate a large amount of money for student scholarships. The money can be provided in one lump sum of $12 million in Year 0 (the current year), or in parts, in which $7 million can be provided at the end of Year 1, and another $7 million can be provided at the end of Year 2.
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Week 1
Problem 1:
A generous university benefactor has agreed to donate a large amount of money for student scholarships. The money can be provided in one lump sum of $12 million in Year 0 (the current year), or in parts, in which $7 million can be provided at the end of Year 1, and another $7 million can be provided at the end of Year 2.
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A generous university benefactor has agreed to donate a large amount of money for student scholarships. The money can be provided in one lump sum of $12 million
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Week 1
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A generous university benefactor has agreed to donate a large amount of money for student scholarships. The money can be provided in one lump sum of $12
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Week 1
Problem 1:
A generous university benefactor has agreed to donate a large amount of money for student scholarships. The money can be provided in one lump sum of $12 million in Year 0 (the current year), or in parts, in which $7 million can be provided at the end of Year 1, and another $7 million can be provided at the end of Year 2.
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A generous university benefactor has agreed to donate a large amount of money for student scholarships. The money can be provided in one lump sum of $12 million in Year 0 (the current year), or in parts, in which $7 million can be provided at the end of Year 1, and another $7 million can be provided at the end of Year
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Atul N Roy Page 1 Quiz 1 Refer to the following .docxikirkton
Atul N Roy Page 1
Quiz 1
Refer to the following time plot that shows the number of breeding
bald eagle pairs in the lower United States and answer the questions
1-2.
1. For which year is the number pairs of bald eagles is lowest according
to the above plot?
2. Write the approximate number of pairs of bald eagles in the year
2000.
Atul N Roy Page 2
Refer to the following display for the questions 3-4
3. The total revenue received according to the above display is
approximately
________________________
4. The percentage of revenue contributed by the state is approximately
___________________________
Atul N Roy Page 3
5. Approximately what percentage of the expenses is in the area of
operations and maintenance?
_________________________
Atul N Roy Page 4
Refer to the following stem plot for the questions 6-10
The stem plot displays the number of hours that a sample of
15 students spent studying for a calculus final exam
0* 9
1*
1* 2333
1* 45
1* 6
1* 8899
2 * 0
2 * 2
2* 4
6. What is the mean of this data?
7. What is the median of this data?
8. What is the first quartile of this data?
9. What is the third quartile of this data?
10. What is the inter quartile range of this data?
11. It is discovered that 24 hours was a typographical error for 42
hours. How will this error change the answer for mean in the question
#?
12. It is discovered that 24 hours was a typographical error for 42
hours. How will this error change the answer for median in the
question #7?
Atul N Roy Page 5
Use the following histogram for answering questions 13-16
The histogram refers to the family incomes of 100 families in a certain
county
13. Fill in the following table based on the information from the
above histogram.
Class (1000s of $$) MIDPOINT Frequency
500 income
10050 income
150100 income
200150 income
250200 income
300250 income
350300 income
400350 income
450400 income
500450 income
550500 income
600550 income
14. Write the % families with income less than $50000
Atul N Roy Page 6
15. Write an approximate value of the mean for the data
represented by this histogram.
16. Write the class that contains the median value for this data.
For the questions 17‐19 use the following sample data for the time that it took members of a search
committee to go through 6 applications, the time is in minutes.
12, 18, 23, 27, 28, 30
17. Find the mean x of this data.
18. Fill the following table
x xx 2xx
12
18
23
27
28
30
19. Find the standard deviation s of this data.
20. A bag of candies contains 20 candies, 8 of which are red, 6 blue,
3 yellow, and 3 green. A candy is randomly drawn. Write the
probability that this candy will be red.
Atul N Roy Page 7
21. R ...
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1. The mean gas mileage for a hybrid car is 56 miles per gallon. Suppose that the gasoline mileage is approximately normally distributed with a standard deviation of 3.2 miles per gallon.
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1. The mean gas mileage for a hybrid car is 56 miles per gallon. Suppose that the gasoline mileage is approximately normally distributed with a standard deviation of 3.2 miles per gallon.
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1. The mean gas mileage for a hybrid car is 56 miles per gallon. Suppose that the gasoline mileage is approximately normally distributed with a standard deviation of 3.2 miles per gallon.
2. What conditions must n satisfy to make the x2 test valid?
3. To use the t-statistic to test for a difference between the means of two populations, what assumptions must be made about the two populations? About the two samples?
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1. The mean gas mileage for a hybrid car is 56 miles per gallon. Suppose that the gasoline mileage is approximately normally distributed with a standard deviation of 3.2 miles per gallon.
2. What conditions must n satisfy to make the x2 test valid?
3. To use the t-statistic to test for a difference between the means of two populations, what assumptions must be made about the two populations
Similar to Assignment 3 Network Security Planning - SAFE· Securing a lar.docx (20)
ASSIGNMENT 3 POWER, POLITICS, AND CULTURE Due Week 9 and .docxdanielfoster65629
ASSIGNMENT 3: POWER, POLITICS, AND CULTURE
Due Week 9 and worth 190 points
In Assignment 2, you created a professional development plan using EI building blocks and motivation. In
this last assignment, you will examine how politics and power influence an organization and its culture.
In business, power and politics greatly influence an organizational culture and may hinder organizational
productivity. In your role as consultant you observed power and politics influence on the corporate culture.
INSTRUCTIONS
Following SWS standards, write a 5 to 7 page report that addresses the following:
1. Influence of Politics and Power
○ Explain how politics and power-play may have influenced the organization’s culture.
2. Sources of Power
○ Explore the sources of power and describe how management could use this influence to
benefit the department and improve organizational performance.
3. Leadership Behavior and Culture
○ Make recommendations that support how the study of power and politics could influence
leadership behavior and improve the organization’s culture.
4. Leadership Influence
○ Discuss the importance and complexity of leadership behavior in solving the issue you
identified. How does it influence organizational structure and performance?
5. References and Citations
○ Go to https://research.strayer.edu to locate at least two resources.
○ In-text citations are required when paraphrasing or quoting another source.
6. Formatting and Writing Standards
○ Formatting and writing standards are part of your grade. Align your formatting to the
Strayer Writing Standards.
*Grading for this assignment will be based on the following criteria and evaluation standards:
https://research.strayer.edu/
https://research.strayer.edu/
POINTS: 190 ASSIGNMENT 3: POWER, POLITICS, AND CULTURE
Criteria Exemplary
100% - A
Proficient
85% - B
Fair
75% - C
Unacceptable
0% - F
1. Influence of
Politics and
Power
Weight: 20%
Completely explains
how politics and
power-play may have
influenced the
organization’s culture.
Accurately identifies
the core issues and
strongly connects them
to the impact on
culture. The
explanation is well-
supported by research.
Satisfactorily explains
how politics and power-
play may have
influenced the
organization’s culture.
Identifies some core
issues and connects
them to the impact on
the culture. The
explanation uses
research support.
Partially explains how
politics and power-play
may have influenced the
organization’s culture.
Identifies some issues but
does not fully explore them
or make a strong
connection to their impact.
Uses little research
support.
Does not explain
how politics and
power-play may
have influenced the
organization’s
culture.
2. Sources of
Power
Weight: 20%
Completely identifies
the sources of power
and describes how
management could
use th.
Assignment 3 Organization of a Health Care FacilityDue Week 6 and.docxdanielfoster65629
Assignment 3: Organization of a Health Care Facility
Due Week 6 and worth 200 points
Your reputation as a renowned administrator to successfully lead mergers and acquisitions of hospitals precedes you, and you have been hired to create and open a new specialty health care business. This is a clinic with physicians who specialize in the following areas: dermatology, gynecology, heart disease, respiratory disease, surgery, and gastroenterology. It is located in an exclusive neighborhood.
Write an eight to twelve (8-12) page paper in which you:
1.
Determine whether you would incorporate and state the advantages and disadvantages of doing so.
2.
Determine the feasibility of a profit or nonprofit organizational status for this facility.
3.
Create a contract structure, including four (4) necessary clauses, for inclusion for medical staff for this facility.
4.
Outline a plan to hire or appoint specialists for the clinic.
5.
Justify the decision to accept Medicare or Medicaid as potential pay sources for this exclusive clinic.
6.
Use at least five (5) quality academic resources in this assignment. Note: Wikipedia and other Websites do not quality as academic resources.
Your assignment must follow these formatting requirements:
·
Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
·
Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
.
Assignment 3 Neuroanatomy ProjectImagine that you are working in .docxdanielfoster65629
Assignment 3: Neuroanatomy Project
Imagine that you are working in a neurology clinic. One of the neurologists tells you that as her practice is expanding, she is having difficulty meeting the education needs of her patients. Part of this problem is explaining the basic neuroanatomical structures to the patients in layperson’s language so that they understand their diagnoses and their underlying neurological impairment. The neurologist asks you to create a written guide for the patients, including both the CNS and PNS. She describes what the basic neuroanatomical structures are, where they are located, how they interact, and what function they serve.
She asks you to name the structures by using the correct technical language but to use layperson’s language as much as possible elsewhere.
Your "Neuroanatomy Guide" should cover the following:
Basic neuroanatomical structures (including the CNS and PNS, as well as the structural packaging that protects the brain from the environment)
Locations of these structures
Functions they serve (what functions damage to this area may affect)
How they interact
Be sure to explain the information in layperson’s language, and use graphics and pictures where helpful. Use APA format when citing material from scholarly sources such as your textbook and online notes. Include a cover page and a reference page listing the resources you used to create your guide.
Submit your response to the
M1: Assignment 3 Dropbox
by
Wednesday, November 27, 2013
. Your response should be at least two pages long.
Assignment 3 Grading Criteria
Maximum Points
Described basic neuroanatomical structures (including the CNS and PNS, as well as the structural packaging that protects the brain from the environment) and their locations.
40
Described functions they serve and how they interact.
40
Wrote in a clear, concise, and organized manner; demonstrated ethical scholarship in accurate representation and attribution of sources; displayed accurate spelling, grammar, and punctuation. Explained the information in layperson’s language, and used graphics and pictures where helpful.
20
Total:
100
.
Assignment 3 Mobile Computing and Social Networking Due Week 7 a.docxdanielfoster65629
Assignment 3: Mobile Computing and Social Networking
Due Week 7 and worth 75 points
Mobile computing has dramatically changed how information is accessed and shared. Wireless networking has been an enabler of mobile computing. One profession that mobile computing has had a big impact on is health care management. Patients are now able to monitor their vital signs such as blood pressure, glucose levels, etc. without having to periodically visit a doctor’s office or hospital. There are devices such as the Withings Blood Pressure Monitor that works with an iPhone, iPod Touch, or iPad to record, track, and graph a patient’s blood pressure. There are other devices that can measure blood glucose levels, oxygen levels, heart rate, etc. and use an iPhone to send the results to a clinical server. Doctors and caregivers are then able to access the data on the clinical server. According to the American College of Gastroenterology, social networking sites like Facebook, Twitter, and YouTube are used as powerful platforms to deliver and receive health care information. Patients and caregivers are increasingly going online to connect and share experiences with others with similar medical issues or concerns Patients are able to take advantage of social networks to do more than just share pictures and tweets. Write a four to five (4-5) page paper in which you:
Compare and contrast monitoring of patient vital signs using mobile computing technology to in-patient visits to the doctor’s office or hospital.
Analyze the advantages and disadvantages of using mobile computing technology to monitor patients.
Assess the security concerns with regard to the transmission of personal medical information over wireless networks.
Assess the use of social networking for group support for patients with similar medical concerns.
Use at least three (3) quality resources in this assignment. Note: Wikipedia and similar Websites do not qualify as quality resources.
Your assignment must follow these formatting requirements:
Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
The specific course learning outcomes associated with this assignment are:
Describe the use of network management, Web, wireless, and mobility technologies.
Outline the strategic implications of information assurance and security in an information technology environment.
Use technology and information resources to research issues in information systems and technology.
Write clearly and concisely about topics related to information systems for decision making using proper writing mechanics and technical style.
Assignment 3: Marketing Plan
Tali Goya
Group Assignment
10/11/2018
Project and Portfolio IV: Entertainment Business
Table of Contents
Executive Summary 3
Situation Analysis 4
Artist Overview 4
SWOT Analysis 4
Strengths 4
Weaknesses 4
Opportunities 4
Treats 4
Competition Analysis 5
Competing Artist Overview 5
Competing Markets 5
Mainstream Trap 5
Hip-hop 5
Reggaeton 5
Social Media Analysis 6
Facebook 6
You Tube 6
Instagram 6
Objective/Strategy 7
Spotify Listenership 7
Radio Interviews 7
Media Release 7
Social Following 7
Artist Alignment 7,8
Global Reach 8
Authenticity 8
References 9
Executive Summary
Juan Miguel Villar aka Tali Goya was born September 28th, 1990 in the Dominican Republic, his family later migrated to New York for a better life. Combining his Latin roots with his influential upbringing Tali started his rap career utilizing Latin and Trap sounds. Tali has a sizeable following from international listeners, Tali’s team is aiming to bring Tali mainstream. It is also important for Tali to maintain his authenticity and connection with his international fan base and preserve his sound. In the marketing plan, it has been organized to present a situational, competitive, and social media analysis to assist in formulating a successful marketing tactic for Tali to marketing crossover to mainstream smoothly.
2.0 Situation Analysis
In this situation analysis, we’ll take a quick look at Tali Goya’s Target Market, and his current music scene. After examining the strengths, weaknesses, opportunities, and threats to Tali Goya, we will have identified what is affecting Tali to go mainstream.
2.1 Artist Overview
Tali Goya is currently a Dominican native. Tali is a music artist who has focused his career in making Latin Trap. He is popular in Latin America and in certain communities. At the moment Tali is not signed to a big record label and has had a hard time crossing to mainstream music. The Artist wants to be able to make the switch and not lose the loyal fan base that he already has.
Tali currently has 7 singles and 1 Album. He is currently working on a new album he plans to drop in the next 8-12 weeks. Tali is currently reaching Latin American fans. He is trying to keep them but also gains NYC and Miami fans. Tali currently perform in clubs and events in the States. He does have concerts in Latin America.
2.2 SWOT Analysis
2.2.1 Strengths:
· Tali has a unique sound and very well written music.
· Has featured in some very big Latin American Trap artist like Archangel.
· According to his manager he has built relationships with mainstream artist like Bad Bunny.
· Had constant new content coming out.
2.2.2 Weaknesses:
· Tali’s branding is not very clear and it has not come through his Social Media.
· Tali’s music content is very directed to a specific crowd of people.
· The SEO and Trans media storytelling for Tali is very messy.
2.2.3 Opportunities:
· By having a strategic multiplatform .
Assignment 3 Management Accounting Case West Island Products.docxdanielfoster65629
Assignment 3: Management Accounting Case: West Island Products
Due Week 8, Day 7 (100 points)
6 pages
The specific course learning outcomes associated with this assignment are:
•
Apply key techniques and concepts in measuring the cost of producing goods and
services.
•
Apply management accounting concepts to identify and process relevant financial
information for decision-making purposes.
•
Use technology and information resources to research issues in financial management.
•
Write clearly and concisely about financial management using proper writing mechanics.
Assignment:
West Island Products (WIP) is a divisionalized furniture manufacturer. The divisions are
autonomous segments with each division responsible for its own sales, cost of operations, and
equipment acquisition. Divisional performance is evaluated annually based on ROI. Each division
serves a different market in the furniture industry. Because the markets and products of the
divisions are so different, there have never been any transfers between divisions.
The Commercial Division of WIP, manufacturers furniture for the restaurant industry. The
Commercial Division plans to introduce a new line of counter chair units featuring a cushioned
seat. Roberta Katz, the Commercial Division manager, has discussed the manufacturing of the
cushioned seats with Nathan Danielson of the Office Division. They both believe a cushioned
seat currently made by the Office Division for use on its deluxe office stool could be modified for
use on the new counter chair. Consequently, Katz asked Danielson for a price for 100-unit lots of
the cushioned seats. The following conversation took place about the price to be charged for the
cushioned seats.
Danielson:
“Roberta, we can make the necessary modifications to the cushioned seat easily.
The raw materials used in the new counter chair seat are slightly different and
should cost about 10 percent more than those used in our deluxe office stool.
However, the labor time should be the same because the seat fabrication
process is the same. I would price the cushioned seat at our regular rate: full cost
plus a 30 percent mark-up. According to my calculations, that would be $2,053
per lot of 100 seats.”
Katz:
“That’s higher than I expected, Nathan. I was thinking that a good price would be
your variable manufacturing cost. After all, your fixed costs will be incurred
regardless of this job. In addition, I have received a quote from one of the
Commercial Division’s regular suppliers to provide us with the counter seats at
$1,900 per lot of 100 seats.”
Danielson:
“Roberta, I am at full capacity. By making the cushioned seats for you, I have to
cut my production of deluxe office stools. The labor time freed by not having to
fabricate the frame and assemble the deluxe stool can be shifted to the
production of the economy stool. I’d like to sell the cushioned seats to you at my
variable cost, but I have excess.
Assignment 3 Legal Ethics, Patients’ Rights, and HIV AIDSAs.docxdanielfoster65629
Assignment 3: Legal Ethics, Patients’ Rights, and HIV / AIDS
As the head health care administrator at USA Community Hospital, you are required to review compliance reports on issues relating to the ethical conduct of the professional staff at your hospital, patient review registries, and standard procedures surrounding the ethical treatment of patients with HIV / AIDS. Intermittently, complaints surface from patients with HIV / AIDS concerned with ethical treatment and denial of services.
Note: You may create and / or make all necessary assumptions needed for the completion of this assignment.
Write a six to eight (6-8) page paper in which you:
Devise a plan to investigate the validity of patients’ claims of denial of services. This plan should include, but not be limited to, establishing mechanisms to address service denial claims, a human resources component, and a review of related policies and procedures.
Analyze the primary way in which different staffing levels may play pivotal roles in upholding ethical conduct, including treating patients with dignity. Justify your position.
Formulate a plan to relate the primary legal ramifications to the professional staff regarding ethical treatment of the hospital’s HIV / AIDS patients.
Devise a community relations plan that tout’s the hospital’s unique ways of serving persons with HIV / AIDS, including a focus on de-stigmatizing those afflicted.
Use at least five (5) quality academic resources in this assignment. Note: Wikipedia and other Websites do not quality as academic resources.
This assignment must follow these formatting requirements
:
Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
The specific course learning outcomes associated with this assignment are:
Examine the various applications of the law within the health care system.
Identify the principles and legalities of ethical issues within the health care system.
Identify a plan that addresses legal and ethical issues in a health care policy.
Use technology and information resources to research issues in health care policy, law, and ethics.
Write clearly and concisely about health care policy, law, and ethics using proper writing mechanics
.
Assignment 3 Legal Ethics, Patients’ Rights, and HIV AIDSDue We.docxdanielfoster65629
Assignment 3: Legal Ethics, Patients’ Rights, and HIV / AIDS
Due Week 9 and worth 200 points
As the head health care administrator at USA Community Hospital, you are required to review compliance reports on issues relating to the ethical conduct of the professional staff at your hospital, patient review registries, and standard procedures surrounding the ethical treatment of patients with HIV / AIDS. Intermittently, complaints surface from patients with HIV / AIDS concerned with ethical treatment and denial of services.
Note: You may create and / or make all necessary assumptions needed for the completion of this assignment.
Write a six to eight (6-8) page paper in which you:
Devise a plan to investigate the validity of patients’ claims of denial of services. This plan should include, but not be limited to, establishing mechanisms to address service denial claims, a human resources component, and a review of related policies and procedures.
Analyze the primary way in which different staffing levels may play pivotal roles in upholding ethical conduct, including treating patients with dignity. Justify your position.
Formulate a plan to relate the primary legal ramifications to the professional staff regarding ethical treatment of the hospital’s HIV / AIDS patients.
Devise a community relations plan that tout’s the hospital’s unique ways of serving persons with HIV / AIDS, including a focus on de-stigmatizing those afflicted.
Use at least five (5) quality academic resources in this assignment. Note: Wikipedia and other Websites do not quality as academic resources.
Your assignment must follow these formatting requirements:
Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
The specific course learning outcomes associated with this assignment are:
Examine the various applications of the law within the health care system.
Identify the principles and legalities of ethical issues within the health care system.
Identify a plan that addresses legal and ethical issues in a health care policy.
Use technology and information resources to research issues in health care policy, law, and ethics.
Write clearly and concisely about health care policy, law, and ethics using proper writing mechanics.
Click
here
to view the grading rubric for this assignment.
.
Assignment 3 Legal Ethics, Patients’ Rights, and HIV AIDS Due W.docxdanielfoster65629
Assignment 3: Legal Ethics, Patients’ Rights, and HIV / AIDS
Due Week 9 and worth 200 points
As the head health care administrator at USA Community Hospital, you are required to review compliance reports on issues relating to the ethical conduct of the professional staff at your hospital, patient review registries, and standard procedures surrounding the ethical treatment of patients with HIV / AIDS. Intermittently, complaints surface from patients with HIV / AIDS concerned with ethical treatment and denial of services.
Note: You may create and / or make all necessary assumptions needed for the completion of this assignment.
Write a six to eight (6-8) page paper in which you:
Devise a plan to investigate the validity of patients’ claims of denial of services. This plan should include, but not be limited to, establishing mechanisms to address service denial claims, a human resources component, and a review of related policies and procedures.
Analyze the primary way in which different staffing levels may play pivotal roles in upholding ethical conduct, including treating patients with dignity. Justify your position.
Formulate a plan to relate the primary legal ramifications to the professional staff regarding ethical treatment of the hospital’s HIV / AIDS patients.
Devise a community relations plan that tout’s the hospital’s unique ways of serving persons with HIV / AIDS, including a focus on de-stigmatizing those afflicted.
Use at least five (5) quality academic resources in this assignment. Note: Wikipedia and other Websites do not quality as academic resources.
Your assignment must follow these formatting requirements:
Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
The specific course learning outcomes associated with this assignment are:
Examine the various applications of the law within the health care system.
.
Assignment 3:
Knowledge Instrument – Summative Assessment
Candidates will create one knowledge instrument that is designed to assess a student’s progress in a course. Candidates will design an assessment to assess what a student has learned and understands. In addition to the assessment, candidates will provide a 1-page document outlining the approach used in the assessment design.
Target Audience:
· Students completing a Grade 12 class of your choice.
Secondary Audience:
· Professor
Rationale and Guiding Questions:
1. What is the purpose of your assessment?
2. Identify the content (goals/outcomes) that are going to be assessed by this summative assessment.
What factors did you consider when designing your assessment?
.
Assignment 3 Juvenile ProbationIn many ways, juvenile probation i.docxdanielfoster65629
Assignment 3: Juvenile Probation
In many ways, juvenile probation is similar to adult probation. Both types of probation involve sanctions imposed by the court, necessitating close supervision of the offender, coupled with the looming threat of a more severe punishment, typically incarceration, if the offender fails to comply with the conditions stipulated in his or her probation.
Given the inherent complexity of working with juveniles, juvenile probation includes components, rules, and processes not found in adult probation. For example, probation officers must take into account factors such as school and parental wishes while determining how a particular case should be handled. These factors are not taken into consideration in adult probation. Also, juvenile probation officers must contend with and account for the inclusion of status offenses, which can be more difficult to track and monitor.
Tasks:
Prepare a 3- to 5-page report on your local juvenile probation department. In your report:
Describe the types of juvenile cases that your local juvenile probation department has taken care of in the past.
Locate and comment on the following:
The department’s mission and vision statement
Whether the juvenile department is located with the adult probation department and community corrections
The number of services aimed toward juveniles
The statistics that demonstrate the department’s effectiveness
State the overall assessment of your local juvenile probation department. Explain based on your research whether you think the department is run well. Does the department meet the needs of local youth? Support your answer with evidence.
.
Assignment 3 Grading Criteria
Maximum Points
Describe steps taken to prepare for the interview and submit the questions you will use in the interview.
20
Describe what factors made the interview difficult or uncomfortable and the factors that made the interview welcoming and comfortable.
25
State how effective you were in probing and obtaining information. Discuss what you would do differently if you had to do the interview over.
20
Justify ideas and responses by using appropriate examples and references from text, peer-reviewed research articles, appropriate professional field-related Web sites, and personal experience.
15
Wrote in a clear, concise, and organized manner; demonstrated ethical scholarship in accurate representation and attribution of sources, displayed accurate spelling, grammar, and punctuation
20
Total:
100
.
Assignment 3 Gender IdentityWe are socialized at every stage in l.docxdanielfoster65629
Assignment 3: Gender Identity
We are socialized at every stage in life to conform to our gender identity. Societal reinforcement of tendencies of gender identity is relentless. For example, in hospitals, little girls are wrapped in pink and little boys in blue. This difference in colors influences how we learn and how we internalize our role in our society.
Girls tend to grow up to play feminine roles and boys tend to grow up to play masculine roles. This differentiation of gender identity has implications in social stratification. The videos given below will provide you with a better understanding of the differentiation of sexual identity from an earlier generation.
Search for and watch an episode of at least one of the following shows. You may find these videos using a variety of search methods including visiting your local library, using Netflix or your local video store, or searching on YouTube. If you have difficulty locating an episode of one of the following shows, contact your instructor for assistance in finding an alternative.
I Love Lucy
All in the Family
The Mickey Mouse Club
The Honeymooners
Leave it to Beaver
Father Knows Best
Gilligan’s Island
The Brady Bunch
I Dream of Jeannie
As you watch the video, ask yourself the following questions:
To what extent have things changed and to what extent have they remained the same in regards to gender roles, expectations, division, and identity from the time this show was originally popular and today?
How conscious and sensitive are the characters regarding gender prejudice, power inequality, and subordination?
Did they take inequality of the sexes for granted?
Based on your readings and understanding that you have gathered after watching the above-noted video, write a short biographical description of your life if you were to wake up tomorrow morning in the time period of the video you watched and find you have a different gender identity. Write a description of how you lived your life a day after your hypothetical change in gender as you answer the following questions
Discuss how you would react on finding out that your sex is opposite. Would you feel a sense of relief, indifference, or elation? Why?
Discuss three ways your attitude towards the opposite sex was enlightened or would change as a result of what you learned from this project. If you would not change your attitude, why?
Write down the ideas and attitudes you have taken for granted a member of your actual gender. Consider how your roles at home and in the office would change if you were a member of the opposite gender.
Relate the ideas of sexism and racism to the videos. How do you think sexism and racism have changed since the 1950s?
Use the following file naming convention: LastnameFirstInitial_M1_A3.doc. For example, if your name is John Smith, your document will be named SmithJ_M1_A3.doc.
By
Wednesday, August 27, 2014
, deliver your assignment to the
M1: Assignment 3 Dropbox
.
Assignment 3 Grading Criteria
Maximum Poi.
Assignment 4 Impressions of Museum or Gallery Exhibit$20The Bro.docxdanielfoster65629
Assignment 4: Impressions of Museum or Gallery Exhibit$20
The Brooks Museum Memphis TN.
· Submit your cultural event choice to the instructor for approval before the end of Week 5.
· Visit a museum or gallery exhibition of modern art before the end of Week 9.
· Write a report of the visit.
· Summarize the report in a PowerPoint presentation.
Write a three to four (3-4) page paper (750-1,000 words) in which you:
1. Identify the date visited, location, name, and background of the museum or specific exhibition. (If virtual, identify the Website along with the other information.)
2. Describe three (3) works, noting the artist, title, subject, and the time period of each work.
3. Compare the style, influences, and meaning or intent of each piece, highlighting any changes (if any) from the first to last piece.
4. Explain your reasons for selecting the pieces in a discussion of the reasons for the artist’s popularity and / or impact on the art world.
5. Summarize the main points of three (3) works discussed in your paper in a PowerPoint presentation of at least three (3) slides. Each of the slides should have three to four (3-4) short bullet points and notes about the works in the slide notes section. Include a cover page for the PowerPoint. Add the slides with notes to your paper.
6. Include four (4) references that help support your claims. (The text may be used as one (1) reference.)
Discussion Question
The New Realism and Pop Art
Class, please respond to at least one of the following prompts:
· Speculate on the reasons for the emergence of the New Realism (le nouveau realisme).
· Compare and contrast the works of a representative artist of New Realism with a representative artist of Europe’s Pop Art, highlighting the media, objects, and the possible intent of the artist in the specific work.
· How does the Sydney Opera House compare with the Internationalist architectural style? Why is it often considered a modern work of art?
Themes in Neo-Expressionism and Neo-Conceptualism
Please respond to the following:
· Explain Fischl’s comment about his painting, Cargo Cults (for DS “King Kong”), and how it reflects his views and themes of Neo-Expressionism: “The longer you look at [the picture] the more you realize that the point of view is not the victimizer’s but the victim’s. I think [a] painting is successful precisely because it stirs your preconceptions – and then becomes a clearer, more dimensional reality. I start off despising these people and work toward compassion.”
· Compare and contrast Neo-Conceptualism and Neo-Expressionism, highlighting a representative artist and his / her work from each movement to illustrate two similarities and two differences.
.
Assignment 4 Informative Report – DraftChoose a familia.docxdanielfoster65629
Assignment 4: "Informative Report – Draft"
Choose a familiar household appliance (e.g., vacuum, toaster, hair dryer).
Write a one to two (1-2) page mechanism description (written in your own words) telling an audience of fifth graders in a science class how the appliance works. The document must include:
a. Headingsb. At least one graphicc. A logical spatial order
In your document, you should:
Ensure the document is clear and brief.
Exercise logic in your design, including placement of headers and graphics.
Use appropriate language for the audience and purpose.
Follow the steps identified in the textbook.
Cite source(s), including any graphics.
.
Assignment 4 Excel ProblemsAt the end of each module, you will ap.docxdanielfoster65629
Assignment 4: Excel Problems
At the end of each module, you will apply the module’s concepts by completing a comprehensive assignment from the textbook.
Complete these problems from your text book: (
P1-44B page 47
&
P2-46B page 111
) related to transaction analysis, journal entries for typical business transactions, adjusting entries and preparation of the trial balance and adjusted trial balance.
Present your analysis of the assigned problems in Excel format. Enter non-numerical responses in the same worksheet using textboxes.
By
Wednesday, April 23, 2014
deliver your assignment to the
M1: Assignment 4 Dropbox.
P1-44B
Preparing financial statements and evaluating business performance.
Accent Photography works weddings and prom-type parties. The balance of capital was $20,000 at December 31, 2010. At December 31, 2011, the business’ accounting records show these balances:
Insurance expense
$8,000
Cash
$31,000
Accounts payable
$6,000
Advertising Expense
$1,000
Service revenue
$81,000
Owner withdrawal
$15,000
Accounts receivable
$10,000
Note payable
$12,000
Owner equity
?
Salary expense
$27,000
Equipment
$60,000
Owner Investment
$33,000
Prepare the following statements for Accent Photography for the year end December 31, 2011:
Income statement
Statement of owner’s equity
Balance sheet
P2-46B
Analyzing and journalizing transactions, posting, and preparing trial balance.
Warren Smith practices medicine under the business title Warren Smith, M.D. During April, the medical practice completed the following transactions:
Apr 1
Smith deposited $78,000 cash in the business bank account. The business gave capital to Smith.
Apr 5
Paid monthly rent on medical equipment, $780.
Apr 9
Paid $18,000 cash to purchase land for an office site.
Apr 10
Purchased supplies on account, $1,200.
Apr 19
Borrowed $20,000 from the bank for business use. Smith signed a note to the bank in the name of the business.
Apr 22
Paid $800 on the account.
Apr 30
Revenue earned during the month included $5,900 cash and $4,900 on account.
Apr 30
Paid employees’ salaries $2,000, office rent$1,800, and utilities $420. Make a single compound entry.
Apr 30
Owner withdrew $9,000.
The business uses the following accounts:
Cash; Accounts receivable; supplies; Land; Accounts payable; Notes payable; Warren Smith, capital; Warren Smith, withdrawals; Service revenue; Salary expense; rent expense; Utility expense.
Journalize each transaction, as shown for April. Explanations are not required.
April 1
Cash
$78,000
Warren Smith, Capital
$78,000
Post the transactions to the T-accounts, using transaction dates as posting reference in the ledger accounts. Label the balance of each account balance as shown in chapter
Prepare the trial balance of Warren Smith, M.D., at April 30, 2010.
.
Assignment 4 Designing Compliance Within the LAN-to-WAN DomainD.docxdanielfoster65629
Assignment 4: Designing Compliance Within the LAN-to-WAN Domain
Due Week 8 and worth 70 points
Imagine you are an Information Systems Security Officer for a medium-sized technology firm that has two (2) sites (one located in Virginia, and the second in California). Due to the highly sensitive data created, stored, and transported by your organization, the CIO is concerned with implementing proper security controls for the LAN-to-WAN domain. Specifically, the CIO is concerned with the following areas:
Protecting data privacy across the WAN
Filtering undesirable network traffic from the Internet
Filtering traffic to the Internet that does not adhere to the organizational AUP for the Web
Having a zone that allows access for anonymous users but aggressively controls information exchange with internal resources
Having an area designed to trap attackers in order to monitor attacker activities
Allowing a means to monitor network traffic in real time as a means to identify and block unusual activity
Hiding internal IP addresses
Allowing operating system and application patch management
The CIO has tasked you with proposing a series of hardware and software controls designed to provide security for the LAN-to-WAN domain. The CIO anticipates receiving both a written report and diagram(s) to support your recommendations.
Write a four to six (4-6) page paper in which you:
Suggest a solution for the provided scenario that will:
filter undesirable network traffic from the Internet
filter Web traffic to the Internet that does not adhere to the organizational AUP for the Web
allow for a zone for anonymous users but aggressively controls information exchange with internal resources
allow for an area designed to trap attackers in order to monitor attacker activities
offer a means to monitor network traffic in real time as a means to identify and block unusual activity
hide internal IP addresses
Note:
The graphically depicted solution is not included in the required page length.
Analyze and identify the fundamentals of PKI in writing and depict graphically using MS Visio or its open source alternative software.
Note:
The graphically depicted solution is not included in the required page length.
Examine and describe how your solution will protect the privacy of data transmitted across the WAN and why this solution would be effective.
Analyze the requirements necessary to allow for proper operating system and application patch management and describe a solution that would be effective.
Use at least three (3) quality resources in this assignment.
Note:
Wikipedia and similar Websites do not qualify as quality resources.
Your assignment must follow these formatting requirements:
Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
Include a cover page containing the title of the assignment,.
Assignment 4 Cultural Information PaperDue in Week 10 and worth.docxdanielfoster65629
Assignment 4: Cultural Information Paper
Due in Week 10 and worth 300 points
Your new employee is going to be moving overseas! Develop a cultural information paper that will help them understand how to make the transition. (NOTE: You are able to choose any country–please make sure the county of choice is logical for the position.)
Include in this paper:
a short introduction to the country,
the local customs,
what to expect, and
a list of what is needed to work in the country.
For example: Certain countries require a work visa. Include the requirements for the work visa.
Include country-specific information needed to live and work in that country such as:
transportation availability,
housing costs,
union influence,
work week,
typical vacation time, and
anything specific to the country we would not experience in the US.
For example: Some countries the children wear uniforms and go to school all year
This paper should be 6-8 pages.
NOTE: The position moving overseas is the job in your description from Week 3. Find creative ways to incorporate your work from that assignment into this one.
Your assignment must follow these formatting requirements:
Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
.
Assignment 4 Constructive DividendsBased on your readings for the.docxdanielfoster65629
Assignment 4: Constructive Dividends
Based on your readings for the module, respond to the following:
Explain the concept of constructive dividends. Give examples.
Construct three original examples of situations in which the IRS might claim constructive dividends.
Suggest ways to ensure that constructive dividends are minimized or eliminated.
Write a three page paper in MS Word format. Apply APA
Use the following file naming convention:
LastnameFirstInitial_M4_A2.doc
. Submit this document to the
M4: Assignment 4 Dropbox
by
October 1, 2014
.
Assignment 4 Grading Criteria
Maximum Points
The concept of constructive dividends was accurately defined and illustrated with original examples.
50
Proposed ways to minimize constructive dividends were effective and feasible.
40
Wrote in a clear, concise, and organized manner; demonstrated ethical scholarship in accurate representation and attribution of sources; displayed accurate spelling, grammar, and punctuation.
10
Total:
100
.
Palestine last event orientationfvgnh .pptxRaedMohamed3
An EFL lesson about the current events in Palestine. It is intended to be for intermediate students who wish to increase their listening skills through a short lesson in power point.
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdfTechSoup
In this webinar you will learn how your organization can access TechSoup's wide variety of product discount and donation programs. From hardware to software, we'll give you a tour of the tools available to help your nonprofit with productivity, collaboration, financial management, donor tracking, security, and more.
Operation “Blue Star” is the only event in the history of Independent India where the state went into war with its own people. Even after about 40 years it is not clear if it was culmination of states anger over people of the region, a political game of power or start of dictatorial chapter in the democratic setup.
The people of Punjab felt alienated from main stream due to denial of their just demands during a long democratic struggle since independence. As it happen all over the word, it led to militant struggle with great loss of lives of military, police and civilian personnel. Killing of Indira Gandhi and massacre of innocent Sikhs in Delhi and other India cities was also associated with this movement.
Instructions for Submissions thorugh G- Classroom.pptxJheel Barad
This presentation provides a briefing on how to upload submissions and documents in Google Classroom. It was prepared as part of an orientation for new Sainik School in-service teacher trainees. As a training officer, my goal is to ensure that you are comfortable and proficient with this essential tool for managing assignments and fostering student engagement.
We all have good and bad thoughts from time to time and situation to situation. We are bombarded daily with spiraling thoughts(both negative and positive) creating all-consuming feel , making us difficult to manage with associated suffering. Good thoughts are like our Mob Signal (Positive thought) amidst noise(negative thought) in the atmosphere. Negative thoughts like noise outweigh positive thoughts. These thoughts often create unwanted confusion, trouble, stress and frustration in our mind as well as chaos in our physical world. Negative thoughts are also known as “distorted thinking”.
This is a presentation by Dada Robert in a Your Skill Boost masterclass organised by the Excellence Foundation for South Sudan (EFSS) on Saturday, the 25th and Sunday, the 26th of May 2024.
He discussed the concept of quality improvement, emphasizing its applicability to various aspects of life, including personal, project, and program improvements. He defined quality as doing the right thing at the right time in the right way to achieve the best possible results and discussed the concept of the "gap" between what we know and what we do, and how this gap represents the areas we need to improve. He explained the scientific approach to quality improvement, which involves systematic performance analysis, testing and learning, and implementing change ideas. He also highlighted the importance of client focus and a team approach to quality improvement.
2024.06.01 Introducing a competency framework for languag learning materials ...Sandy Millin
http://sandymillin.wordpress.com/iateflwebinar2024
Published classroom materials form the basis of syllabuses, drive teacher professional development, and have a potentially huge influence on learners, teachers and education systems. All teachers also create their own materials, whether a few sentences on a blackboard, a highly-structured fully-realised online course, or anything in between. Despite this, the knowledge and skills needed to create effective language learning materials are rarely part of teacher training, and are mostly learnt by trial and error.
Knowledge and skills frameworks, generally called competency frameworks, for ELT teachers, trainers and managers have existed for a few years now. However, until I created one for my MA dissertation, there wasn’t one drawing together what we need to know and do to be able to effectively produce language learning materials.
This webinar will introduce you to my framework, highlighting the key competencies I identified from my research. It will also show how anybody involved in language teaching (any language, not just English!), teacher training, managing schools or developing language learning materials can benefit from using the framework.
Read| The latest issue of The Challenger is here! We are thrilled to announce that our school paper has qualified for the NATIONAL SCHOOLS PRESS CONFERENCE (NSPC) 2024. Thank you for your unwavering support and trust. Dive into the stories that made us stand out!
Chapter 3 - Islamic Banking Products and Services.pptx
Assignment 3 Network Security Planning - SAFE· Securing a lar.docx
1. Assignment 3: Network Security Planning - SAFE
· Securing a large internetwork remains a daunting challenge.
Cloud computing and social networks add to this complexity. In
two to three (2-3) pages, and using the CISCO SAFE reference
architecture, review the modules that afford an organization the
foremost protection in evolving technologies and media.
Write a two to three (2-3) page paper in which you:
1. Determine if the SAFE architecture has any limitations.
Use at least three (3) quality resources in this assignment.
Note: Wikipedia and similar Websites do not qualify as quality
resources.
Your assignment must follow these formatting requirements:
. Be typed, double spaced, using Times New Roman font (size
12), with one-inch margins on all sides; citations and references
must follow APA or school-specific format. Check with your
professor for any additional instructions.
. Include a cover page containing the title of the assignment, the
student's name, the professor's name, the course title, and the
date. The cover page and the reference page are not included in
the required assignment page length.
1/2
Managerial Economics Formulas1
Elasticity of Demand
,
%
8. L dL
MP MP MP P
P P MP P
TC L P K P
1
Ibrahim Elsaify, Applications in Managerial Economics, 2011.
All Rights Reserved.
2/2
Economies of Scale
( , )
( , )
Q f L K
Q f L K
Q Q IRS
9. Economies of Scope
, ) , 0) , )
) ) , )
, 0
, )
( ( (0
( ( (
(
x y x y
x y x y
x y
Economies of Scope
Also S Economies of Scope
10. TC Q Q TC Q TC Q
TC Q TC Q TC Q Q
TC Q Q
Equilibrium Conditions:
Market Equilibrium:
Q Q
d s
Firm Equilibrium: MR = MC where
( ) ( )
d TR d TC
MR and MC
dQ dQ
11. Cost Functions
( ) ( )
AC AVC AFC
TC TVC TFC
TC TVC TFC
Q Q Q
d TC d TVC
MC
dQ dQ
Market Concentration
a. N-Firm Concentration Ratio (N-Firm CR)
1 2 3 4
4 1 2 3 4
: i
i
T T
12. S S S S S
C W W W W Where W
S S
b. Herfindahal-Herchman Index (HHI)
1
2 2 2 2
10, 000 0 10, 000
1 1 1 1 1
: .....
1
-
n
i
i
HHI W where HHI
HHI N
N N N N N
Number equal size firms in the market
HHI
13. With N equal size firms
c. Lerner Index and Markup Factor
Markup Factor
1
1
1
1
P
E
14. P MC P
L P MC Markup Factor
P L MC
d. Rothchild Index
Market Elasticity of Demand
Firm Elasticity of Demand
MK
F
RI
Applications in Managerial Economics_Class R
10/17/2014
Page 1 of 32
15. Applications in Managerial Economics1
Ibrahim Elsaify, Ph.D.
(Draft 2014)
1 I developed the applications help my MBA Managerial
Economics (ECO642) students at Goldey Beacom College.
This is a work-in-progress and will change to include new
applications or revisions of existing ones. It may also
contain typos and simple errors. I will appreciate any feedback
or corrections you have, as this will enhance the
document and it more useful for future groups.
Applications in Managerial Economics_Class R
10/17/2014
Page 2 of 32
Market Equilibrium, Elasticity and Government Intervention
Answered Applications
1. The U.S. Department of Agriculture is interested in analyzing
the domestic market for wheat. The USDA's
staff economists estimate the following equations for the
16. demand and supply curves:
20 - 2
- 1
d
w w
s
w w
Q P
Q P
Quantities are measured in millions of bushels; prices are
measured in dollars per bushel.
a. Calculate the free market equilibrium values of P, Q, CS, PS,
and SW.
b. Calculate price elasticity of demand and supply at
equilibrium, and categorize demand and supply.
c. At what price is the price elasticity of demand equals to zero,
infinity, and one?
17. d. At a price floor of $9 per bushel, calculate surplus, CS, PS,
and SW. Compare with free market outcomes,
and calculate DWL. If government purchased the surplus, how
would this change the outcome?
e. Suppose that the USDA's staff economists expand their
estimation of the demand curve to include the price
of corn ( ) cP and the income of consumers ( ) I as follows:
= 20 -
i. Is wheat a normal or an inferior good?
ii. What is the relationship between wheat and corn?
Answer
* *
a. At equilibrium: 20 - 2 - 1 3 21 7 7 1 6
3(6)
$9
2
6(6)
PS= =$18
2
SW=9+18=$27
*
7
b. 2 2.33 (Demand is elsatic)
* 6
18. *
7
1 1.2 (Sy
* 6
d
s
d s
Q Q P P P P Q
w w w w w w w
CS
dQ P
dp Q
dQ P
dp Q
19. pply is elsatic)
c. 0 at 0, at 10, 1 at 5
s d
d. Surplus=Q -Q
@p=9 @p=9
d
Q =20-2(9)=2
@p=9
s
Q =9-1=8
@p=9
Surplus=8-2=6
1(2)
CS= =$1
2
6+8
20. PS=2 =$14
2
SW=1+14=15
DWL=27-15=$12
If gov
ernment purchased the surplus, CS stays the same at $1.
However PS increases to:
8(8)
PS= =$32
2
SW=1+32=$33
d
e. An increas in P increases Q Corn and wheat are substiututes.
c w
An increas in I increases
d
Q Wheat is a normal good.
w
21. Applications in Managerial Economics_Class R
10/17/2014
Page 3 of 32
2. The United States Government uses wheat as an effective tool
of foreign aid. Therefore, the
government is committed to maintain a strategic production
level that far exceeds the domestic
market demand. In the meantime, this policy insures support of
farmers. The USDA's staff
economists estimate the following equations for the demand and
supply curves of wheat:
42 - 3
- 2
d
w w
s
w w
Q P
Q P
22. Quantities are measured in millions of bushels; prices are
measured in dollars per bushel.
a Calculate the free market equilibrium values of P, Q, CS, PS,
and SW.
b Calculate price elasticity of demand and supply at
equilibrium, and categorize demand and supply.
c. At what quantity is the price elasticity of demand equals to
zero, one and infinity.
d. f a price floor of $12/unit is imposed, what will be the
imbalance in the market? Calculate CS, PS,
and SW and DWL.
e. If government purchased all additional supply at the price
floor of $12/unit, calculate PS, and cost to
the government.
Answer
1
* *
a. At equilibrium: 42 - 3 - 2 4 44 11 11 2 9
3(9)
$13.5
2
9(9)
PS= =$40.5
2
23. SW =13.5+40.5=$54
*
11
b. 3 3.67. Demand is elasitic
* 9
*
11
1
* 9
d
s
d s
Q Q P P P P Q
w w w w w w w
CS
dQ P
dp Q
dQ P
dp Q
24. 2
1 2
1.22. Supply is elasitic
. 0 42, 0, 1 21
s d
d. Surplus=Q -Q
@p=12 @p=12
2(6)
CS= =$6
2
10+4
PS=6 =$42
25. 2
SW =6+42=48
DWL=SW 54-48=$6
e. If government purc
10 6 4
-SW =
hased the surplus, CS stays the same at $6. However PS
increases to:
10(10)
PS= =$50
2
26. SW=6+50=$56
The Cost to the gove
Applications in Managerial Economics_Class R
10/17/2014
Page 4 of 32
3. The elected officials in a west coast university town are
concerned about the "exploitative" rents being
charged to college students. The town council is contemplating
the imposition of a $350 per month
rent ceiling on apartments in the city. An economist at the
university estimates the demand and
supply curves as:
5600 - 8
4 - 500
Q P
Q P
Where P = monthly rent, and Q = number of apartments
27. available for rent. For purposes of this analysis,
apartments can be treated as identical.
a. Calculate the free market equilibrium values of P, Q, CS, PS,
and SW.
b. Calculate price elasticity of demand and supply at
equilibrium, and categorize demand and supply.
c. At what quantity does the price elasticity of demand equal to
zero, infinity, and 1?
d. What quantity will eventually be available if the rent ceiling
is imposed? Calculate shortage, CS, PS, SW
and DWL.
Answer
* *
1
. : 5600 - 8 4 - 500 6100 12 1, 533.3
(700 508.33)
$146, 946.68
2
(508.33 -125)
1533.33 $293,885.69
2
28. 146, 946.68 293,885.69 $440,8
6100
508.3
12
1533.33
d s
a At equilibrium Q Q P P P P Q
w w
CS
PS
SW
32.37
*
508.30
29. . 8 2.65 Demand is elastic
* 1, 533.3
*
508.30
4 1.325 Supply is elastic
* 1, 533.3
. 0 5, 600, 0, 1 2,800
.
@ 350
4(350) -500 900
d
s
dQ P
b
dp Q
dQ P
dp Q
c at Q at Q at Q
s
d Q
p
31. (350 -125)(900)
$101, 250
2
264, 3751 101, 250 365, 625
440,832.37 - 365, 625 $75, 207.37
[5600 8(350)] 900 1,900
900
-
d s
Q Q
p p
CS
PS
SW
DWL SW SW
Shortage
32. Applications in Managerial Economics_Class R
10/17/2014
Page 5 of 32
4. U.S. Department of Agriculture is interested in analyzing the
domestic market for wheat. The USDA's
staff economists estimate the following equations for the
demand and supply curves:
29 - 2
- 1
d
w w
s
w w
Q P
33. Q P
Quantities are measured in millions of bushels; prices are
measured in dollars per bushel.
a Calculate the free market equilibrium values of P, Q, CS, PS,
and SW.
b Calculate price elasticity of demand and supply at
equilibrium, and categorize demand and supply
c At what quantity does the price elasticity of demand equal to
zero, one, and infinity
d. Suppose that the USDA's staff economists expand their
estimation of the demand curve to include
the price of corn ( ) cP and the income of consumers ( ) I as
follows:
20 - 2 3 -
i. What is the relationship between wheat and corn?
ii. Is wheat a normal or an inferior good?
Answer
*
*
*
*
34. 1
a. At equilibrium:
29 - 2 - 1
3 30 10
10 1 9
10
b. 2 2.22. Demand is elastic
9
9(14.5 10)
$20.25
2
9(10 1)
$40.5
2
$60.7520.25 40.5
d s
w w
w w
w w
w
36. *
*
10
1 1.11. Supply is elastic
9
c. 0 at Q 29
at Q 0
1 at Q 14.5
d. An increas in increases Corn and wheat are substiututes.
An increas in decreases Wheat is a
d
c w
d
w
38. Applications in Managerial Economics_Class R
10/17/2014
Page 6 of 32
Unanswered Applications
5. The supply and demand curves for corn are as follows:
3750 - 725
920 690
d
s
Q P
Q P
Where Q = millions of bushels and P = price per bushel.
a. Calculate the free market equilibrium values of P, Q, CS, PS,
and SW.
39. b. The government has imposed a $2.50 per bushel support
price. How much corn will the government
be forced to purchase?
c. Calculate the change in consumer surplus that would occur
under the support program.
Answer
Applications in Managerial Economics_Class R
10/17/2014
Page 7 of 32
6. The severe heat wave of last summer affected global demand
and supply for wheat. The United States
government uses wheat as an effective tool of foreign aid.
Therefore, the U.S. Department of Agriculture
is interested in analyzing the domestic market for wheat to
insure support of farmers and plentiful supply
of wheat for domestic market and as a policy tool. The USDA's
staff economists estimate the following
equations for the demand and supply curves:
41 - 2
- 1
d
40. w w
s
w w
Q P
Q P
Quantities are measured in millions of bushels; prices are
measured in dollars per bushel.
a. Calculate the free market equilibrium values of P, Q, CS, PS,
and SW.
b. Calculate price elasticity of demand and supply at
equilibrium, and categorize demand and supply.
c. At what quantity is the price elasticity of demand equals to
zero, one and infinity.
d. If a price floor of $16/unit is imposed, what will be the
imbalance in the market? Calculate CS, PS, and
SW and DWL.
Answer
41. Applications in Managerial Economics_Class R
10/17/2014
Page 8 of 32
7. To prevent the spread of Avian Flu, a pharmaceutical
company has made a breakthrough in preventing the
virus from infecting the workers coming in direct contact with
potentially infected birds. The marketing
department of the company estimated the demand on the
product, which is a latex complete outerwear, to be:
75 -
2 - 60
d
s
Q P
Q P
Quantities are measured in thousands of gears and prices are
measured in dollars per gear.
a Calculate the free market equilibrium values of P, Q, CS, PS,
42. and SW.
b Calculate price elasticity of demand and supply at
equilibrium, and categorize demand and supply.
c At what quantity is the price elasticity of demand equals to
zero, one and infinity.
d If a price ceiling of $35/unit is imposed, what will be the
imbalance in the market? Calculate CS, PS, and
SW and DWL.
e Calculate the cost to subsidize suppliers to keep the price at
$35/unit and supply the market with all
required gears at that price.
Answer
Applications in Managerial Economics_Class R
10/17/2014
Page 9 of 32
Consumption Theory (Optional)
Answered Applications
1. An individual consumes products and X Y and spends $250
per time period. The prices of the two goods
are $3 per unit for X and $2 per unit forY . The consumer in
this case has a utility function expressed as:
43. a. Express the budget equation mathematically.
b. Determine the values of X and Y that will maximize utility of
the consumer.
c. Calculate the total utility at its maximum.
d. Suppose that a tax of $1/unit is levied on good X. How will
this change the consumer’s optimum choice?
How much will be the tax proceeds?
e. Suppose that an equivalent lump sum tax is imposed instead
of the unit tax. What will be the utility
maximizing combination?
f. Which of the two taxes will the consumer prefer? Explain
your answer carefully.
Answer
yx
x y
* *
* * *
d. With $1 tax
a. 3 2 250
MUMU
b. At equilibrium:
44. P P
.5 .5 3
3 2 2
3
Substituting into budget line 3 2 250
2
41.67
6 250 41.67 3 62.5
2
c. .5 .5(41.67)(62.5) 1, 302
X Y
Y X X
Y
X
X
X X Y
U X Y
45. yx
x y
* *
per unit on , the new budget line will be:
4 2 250
MUMU .5 .5
At equilibrium: 2
P P 4 2
Substituting into budget line 4 2 2 250
8 250 31.25 2 31.25 62.5
Tax proceeds will b
46. X
X Y
Y X
Y X
X X
X X Y
yx
x y
e $31.25e. With a lump sum tax equals to $31.25
e. With a lump sum tax of $31.25, the new budget line will be:
3 2 250 31.25 218.75
MUMU .5 .5 3
At equilibrium:
P P 3 2 2
Subst
47. (same as b)
X Y
Y X X
Y
* *
* * *
* * *
3
ituting into budget line 3 2 218.75
2
3(36.46)
6 218.75 36.46 54.69
2
f. with per unit tax .5 .5(31.25)(62.5) 976.56
with lump sum tax .5 .5(36.46)(54.69) 997
Therefore
X
X
48. X X Y
U X Y
U X Y
, the consumer will prefer a lump sum tax.
Applications in Managerial Economics_Class R
10/17/2014
Page 10 of 32
2. Anthony Bradford is an undergraduate student at Siena
College in Albany, New York. Anthony has a
discretionary spending income of $300 a semester. Anthony’s
favorite activities are going to the local
theater at Cross Gates Mall ( X ) or hanging out with friends at
the local Starbucks (Y ). Going to local
49. theater costs Anthony $15 and hanging out with friends at
Starbucks costs him $10. Anthony’s utility function
can be modeled as:
a Determine the equilibrium values of X, Y, and total utility.
b Suppose that City of Albany imposed 20% tax on theater
tickets, at the same time local Starbucks offered a
10% discount to Siena College students. How will this change
Anthony’s optimum choice?
c Compare Anthony’s utility after the change to his original
utility.
Answer
yx
x y
* *
* * *
b. With 20% tax on , and 10% d
a. 15 10 300
MUMU
At equilibrium:
P P
50. 3 3 3
15 10 2
3
Substituting into budget line 15 10 300
2
10
30 300 10 3 15
2
3 3(10)(15) 450
X
X Y
Y X X
Y
X
X
X X Y
U X Y
51. yx
x y
* *
*
iscount on Y, the new budget line will be:
18 9 300
MUMU 3 3
At equilibrium: 2
P P 18 9
Substituting into budget line 18 9 2 300
52. 36 300 8.3 2 8.3 16.67
c. after change in p
X Y
Y X
Y X
X X
X X Y
U
* *
Applications in Managerial Economics_Class R
10/17/2014
Page 11 of 32
53. 3. An individual consumes products and X Y and spends $300
per time period. The prices of the two goods
are $3 per unit for X and $2 per unit forY . The consumer in
this case has a utility function expressed as:
( , )
a. Express the budget equation mathematically.
b. Determine the values of X and Y that will maximize utility of
the consumer.
c. Calculate the total utility at its maximum.
d. Suppose that a tax of $1/unit is levied on good X. How will
this change the consumer’s optimum choice?
How much will be the tax proceeds?
e. Suppose that an equivalent lump sum tax is imposed instead
of the unit tax. What will be the utility-
combination?
f. Which of the two taxes will the consumer prefer? Explain
your answer carefully.
Answer
yx
x y
* *
* * *
d. With $1 tax per unit on
54. a. 3 2 300
MUMU
b. At equilibrium:
P P
.5 .5 3
3 2 2
3
Substituting into budget line 3 2 300
2
50
6 300 50 3 75
2
c. .5 .5(50)(75) 1875
X
X Y
Y X X
Y
X
X
X X Y
55. U X Y
yx
x y
* *
, the new budget line will be:
4 2 300
MUMU .5 .5
56. At equilibrium: 2
P P 4 2
Substituting into budget line 4 2 2 300
8 300 37.50 2 37.5 75
Tax proceeds will be $37.5
e. With a
X Y
Y X
Y X
X X
X X Y
yx
x y
lump sum tax equals to $37.50, the new budget line will be:
3 2 300 37.5 262.50
57. MUMU .5 .5 3
At equilibrium:
P P 3 2 2
3
Substituting into budget line 3 2 262.50
2
6
(same as b)
X Y
Y X X
Y
X
X
X
58. * *
* * *
* * *
3(43.75)
262.50 43.75 65.63
2
f. with per unit tax .5 .5(37.5)(75) 1, 406.25
with lump sum tax .5 .5(43.75)(65.63) 1, 435.55
Therefore, the consumer will prefer a lump sum tax.
X Y
U X Y
U X Y
Applications in Managerial Economics_Class R
59. 10/17/2014
Page 12 of 32
Unanswered Applications
4. Adam Wilkins is an undergraduate student at John Carroll
University, which is located at University
Heights, a suburb on the east side of Cleveland, Ohio. Adam has
a discretionary spending income of $300
a semester. Adam favorite activities are going to the local
theater at University Circle ( X ) or hanging out
with friends at the local Starbucks (Y ). Going to local theater
costs Adam $15 and hanging out with friends
at Starbucks costs $10. Adam’s utility function can be modeled
as:
a. Determine the equilibrium values of X, Y, and total utility.
b. Suppose that City of Cleveland imposed 20% tax on ticket
theater, at the same time local Starbucks offered
a 10% discount to JCU students. How will this change Adam’s
optimum choice?
c. Compare Adam’s utility after the change to his original
utility
Answer
Applications in Managerial Economics_Class R
60. 10/17/2014
Page 13 of 32
Production Theory
Answered Applications
1. The production function of a process that uses two inputs,
labor ( )L and capital ( )K , is:
Where Q represents output per day (tons), labor costs $200 per
unit and capital costs $1,000 per unit. The goal
of the firm is to produce 10,000 tons daily.
a. Determine returns to scale of the production process, and its
elasticity with respect to labor and capital.
b. Determine the least-cost combination of L and K, and
calculate total cost.
c. Carefully analyze the effects on labor productivity and AC if
cost of capital declined to $800 a unit.
Answer
a. This plant exhibits increasing returns to scale since
increasing both inputs 10% increases output 21%. Also,
the sum of powers is greater than 1.
1
1
s
L
61. s
K
b. The equilibrium condition for profit maximization is:
L K
2
* *
L K
MP MP 4K 4L
= = L=5K
200 1000
Substituting 5K for L in Q=4LK, where Q=10,000:
10,000= 4K(5K)=20K * = 500 22.36
5 5(22.36) 111.80
Total Cost=L.P +K.P =111.80(200)+22.36(1000)=$44,720
62. L KP P
K
L K
L K
2
* *
L K
c. At equilibrium:
MP MP 4K 4L
= = L=4K
200 800
Substituting 4K for L in Q=4LK, where Q=10,000:
10,000= 4K(4K)=16K * = 625 25
4 4(25) 100
Total Cost=L.P +K.P =100(200)+25(800)=$40,000
Labor Pro
63. L KP P
K
L K
[email protected] 1,000
[email protected] 800
@ 1,000
@ 8
ductivity:
10,000
AP 89.45
111.8
10,000
AP 100
100
Therfore, a decrease in the price of capital increaes labor
productivity.
Average cost:
44,720
65. 00
40,000
$4.0
10,000
Therfore, a decrease in the price of capital decreases cost per
unit. This is consistent
with the increase in labor productivity.
TC
Q
Applications in Managerial Economics_Class R
10/17/2014
Page 14 of 32
66. 2. The production function of a process that uses two inputs,
labor ( )L and capital ( )K , is:
Where Q represents output per day (tons), labor costs $200 per
unit and capital costs $1,000 per unit.
a. Determine returns to scale of the production process, and its
elasticity with respect to labor and capital.
b. If the goal of the firm is to produce 10,000 tons daily,
determine the least-cost combination of L and K, and
calculate total cost.
c. If cost were limited to $5,000, calculate the equilibrium
combination of L and K, and the level of production.
d. Carefully analyze the effects on labor productivity and
average cost in b and c above. Analyze your answer
carefully.
Answer
a. This plant exhibits increasing returns to scale since the sum
of powers is greater than 1.
2
2
s
L
s
K
67. b. The equilibrium condition for profit maximization is:
2 2
2 2
2 2 4
* *
8 8
5
200 1000
5 4 , 10,000 :
10,000 4 (5 ) 100 * 10 3.16
5 5(3.16) 15.81
. . 15.81(200) 3.16(1000) $6,322.27
.
L K
68. L K
L K
MP MP LK L K
L K
P P
Substituting K for L in Q L K where Q
K K K K
L K
Total Cost L P K P
c A
*
2 2
@ 5000
L
69. $5,000 :
5000 200 * 1,000 *
5 5000 200(5 ) 1,000
2.5
* 5(2.5) 12.5
4(2.5) (12.5) 3,906.25
d. Labor Productivity and Average Cost:
10,000
AP 632.51
15.81
6,322.
TC
t C
L K
Substituting L K K K
K
L
Q Units
Q
71. $1.28
3,906.25
Therfore, limiting the cost to $5,000 decreased productivity and
increased average cost. This is due to IRS.
Q
L
AC
Applications in Managerial Economics_Class R
10/17/2014
Page 15 of 32
3. The production function of a process that uses two inputs,
labor (L) and capital (K), is:
Q = 10LK
Where Q represents output per day (tons), labor costs $200 per
unit and capital costs $800 per unit. The goal
72. of the firm is to produce 16,000 tons daily.
a. Determine returns to scale of the production process, and its
elasticity with respect to labor and capital.
b. Determine the optimum combination of L and K, and
calculate total cost.
c. Carefully analyze the effects on labor productivity and
average cost if cost of capital increased to $1,000
per unit.
Answer
a. This plant exhibits increasing returns to scale since sum of
powers is greater than 1.
1
1
s
L
s
K
73. b. The equilibrium condition for profit maximization is:
2
* *
10 10
4
200 800
4 10 , 16,000 :
16,000 10 (4 ) 40 * 400 20
4 4(20) 80
. . 80(200) 20(800) $32,000
. :
L K
L K
L K
L
L
MP MP K L
L K
P P
74. Substituting K for L in Q LK where Q
K K K K
L K
Total Cost L P K P
c At equilibrium
MP
P
2
* *
10 10
5
200 1000
4 10 , 16,000 :
16,000 10 (5 ) 50 * 320 17.89
5 5(17.89) 89.44
75. . . 89.44(200) 17.89(1000) $35,778
Pr
K
K
L K
MP K L
L K
P
Substituting K for L in Q LK where Q
K K K K
L K
Total Cost L P K P
Labor oducti
@ 800
@ 1000
76. @ 800
@ 1,000
:
cos :
16,000
200
80
16,000
178.89
89.44
, .
32,000
$2
16,000
35,
K
K
K
K
L P
L P
78. 776
$2.24
16,000
An increase in the price of capital increases cost per unit. This
is consistent with a decrease in labor productivity.
Applications in Managerial Economics_Class R
10/17/2014
Page 16 of 32
Unanswered Applications
4. The production function of a process that uses two inputs,
labor (L) and capital (K), is:
Q = 5LK
Where Q represents output per day (tons), labor costs $200 per
unit and capital costs $1,000 per unit. The goal of
the firm is to produce 10,000 tons daily.
79. a. Determine returns to scale of the production process, and its
elasticity with respect to labor and capital.
b. Determine the least-cost combination of L and K, and
calculate total cost.
c. Carefully analyze the effects on labor productivity and
average cost of capital costs declined to $800 per unit.
Answer
Applications in Managerial Economics_Class R
10/17/2014
Page 17 of 32
5. The design unit at Silicon Graphs, which is specialized in
printing electronic circuits, estimates its production
function as:
Where Q represents number of units produced per day, ( )L is
labor which costs $200 per unit and ( )K is
capital which costs $400 per unit.
80. a. Determine returns to scale of the production process, and its
elasticity with respect to labor and capital.
b. If the goal of the firm is to produce 16,000,000 units a day,
determine the least-cost combination of L and
K, and calculate total cost.
c. If cost were limited to $75,000 calculate the equilibrium
combination of L and K, and the level of
production.
d. Carefully analyze the effects on labor productivity in b and c
above.
Answer
Applications in Managerial Economics_Class R
10/17/2014
Page 18 of 32
Cost Structure
Answered Applications
1. A firm's total cost function is given by the equation:
2TC = 125 + 10 Q + 5Q
a. Determine the level of output that minimizes AC.
81. b. Prove that MC=AC when AC is at its minimum.
c. How much is TC, FC and VC when MC=AC?
Answer
2
TC = 125 + 10 Q + 5Q
TC 125
a. AC= 10 5
Q
125 2 *5 0 5 125 5
2
125*b. AC = 10 5(5) [email protected] 5
5
10 10
* 10 10(5) [email protected] 5
MC=AC at its minimum (desired).
2*c. TC =125 10(5) 5(5) [email protected] 5
FC
Q
Q
dAC
Q Q
83. Applications in Managerial Economics_Class R
10/17/2014
Page 19 of 32
2. A firm’s total cost function is given by the following
equation:
2TC = 256+20Q +4Q
a. Determine the level of output that minimizes AC.
b. Prove that AC =MC when AC reaches its minimum.
c. How much is TC, FC and VC when MC=AC?
Answer
256 20 +4
. 4
*
4 0 8
2
*. [email protected] 8
84. 20 8
* [email protected] 8
min ( ).
*. @ 8
2
256
20
256
2256 20(8) 4(8) 256 416 672
TC Q Q
TC
a AC Q
Q
dAC
Q
dQ
b AC Q
dTC
MC Q
dQ
85. MC Q
MC AC at its imum desired
c TC Q
Q
Q
FC FC VCVC
86. Applications in Managerial Economics_Class R
10/17/2014
Page 20 of 32
3. Stylish Accessories is a professional designer and
manufacturer of men’s wallets. Its total cost function is
estimated to be:
2 3TC = 100Q -20Q + 2Q
a. Determine the level of output that minimizes AC.
b. Prove that AC =MC when AC reaches its minimum.
c. How much is TC, FC and VC when MC=AC?
d. If the firm can sell all what it wants at a price of $100/wallet,
calculate the level of sales that
maximizes the firm profit, and calculate that profit.
e. Calculate the minimum price acceptable to firm to start
production.
Answer
2
2
2
87. 2 3
100Q-20 2
2
. 100 20 2
*
20 4 0 5
*. 100-20(5) 2(5) [email protected] 5
100 40 6
100 40(5) 6(5) 50*
@ 5
MC=AC at its minimum (desired).
*. @ 5
2 3100(5)-20(5) 2(5)
TC Q Q
TC
a AC Q Q
Q
dAC
Q Q
dQ
b AC Q
dTC
91. Q Q
Minmum AVC
Applications in Managerial Economics_Class R
10/17/2014
Page 21 of 32
4. A firm's total cost function is given by the equation:
000 0
a Write an expression for each of the following cost concepts:
ariable Cost
92. b Determine the quantity that minimizes average total cost.
c Demonstrate that the relationship between marginal cost and
average cost holds.
Answer
2
2
2
4,000
2
5 10
2
5 10
5 10
4,000 5 10 4,000
5 10
5 20
4000 *
10 0
. Relationship: M
93. 4,000
. 400 20
. 4000 5 10
TFC
AFC
Q Q
Q Q
AVC Q
Q
Q Q
AC Q
Q Q
dTC
MC Q
dQ
dAC
Q
dQ Q
b
TFC
95. C=Min. AC
4,000
5 10(20) 405*
@ 20 20
5 20(20) 405*
@ 20
MC=AC at its minimum (desired).
AC
Q
MC
Q
Applications in Managerial Economics_Class R
10/17/2014
Page 22 of 32
96. Unanswered Applications
5. Fashion Frames is a professional designer and manufacturer
of photo frames. Its total cost function is
estimated to be:
2 3TC = 50Q -10Q + Q
a Determine the level of output that minimizes AC. (Round to
whole digit)
b Prove that AC =MC when AC reaches its minimum.
c How much is TC, FC and VC when MC=AC?
d If the firm can sell all what it wants at a price of $50/Frame,
calculate the level of sales that maximizes
the firm profit. Calculate that profit.
e Calculate the minimum price acceptable to firm to start
production.
Answer
Applications in Managerial Economics_Class R
10/17/2014
Page 23 of 32
Market Structure and Regulations
1. In a competitive market in long-run equilibrium, the market
97. supply and demand are:
30 0.50
100 - 1.5
P Q
P Q
where P is dollars per unit and Q is level of production and
sales in hundreds of units per day. A typical
firm in this market has a marginal cost of production expressed
as:
a. Calculate the free market equilibrium values of P, Q, CS, PS,
and SW.
b. Determine the level of sales by a typical firm and its PS.
c. If an output tax is imposed on ONE firm's output such that
the ONE firm has a new marginal cost
new level of production and PS?
d. If all firms in this industry were bought by a monopolist,
calculate monopolist equilibrium P, Q,
MUF, CS, PS, and SW
e. As a policy maker, what would you do to restore competitive
98. equilibrium outcome?
Answer
* *
a. At equilibrium: D=S 100 1.5Q=30+.5Q 2Q=70 Q 35 100
1.5(35) $47.5
52.5(35) 17.5(35)
$918.75 $306.25
2 2
918.75 306.25 $1,225
*. Firm's Equilibrium: MR=MC (MR is the market price P )
P
CS PS
SW CS PS
b
*2.5+15q=47.5 3
35
12
3
99. 45(3)
Firm PS = $67.5
2
'. Firm's Equilibrium after the tax: MR=MC
*47.5=5+15q 2.83 less than quantity produced before tax.
(47.5 5)(2.83)
after the tax
q
Number of firms
c
q
Firm PS
2
100. d. Monopolist Equilibrium: MR=MC (MC is market Supply)
Monopolist faces market demand curve, therefore its MR curve
is donward sloping with twice the slop
MR=1
00-3Q
* *100 3Q=30+.5Q 70=3.5Q Q 20 100 1.5(20) $70m
70
1.75
40
(100 70)(20) (70 30) (70 40)
$300 20 $700
2 2
300 700 $1,000
1,225 1,000 $225
. We can restore com
Pm
P
101. MUF
MC
CS PSm m
SWm
DWL SW SWCompetition m
e
petition outcome by setting the price at its competitive level of
$47.5
Applications in Managerial Economics_Class R
10/17/2014
Page 24 of 32
2. In a competitive market with small, equal-size firms in long-
102. run equilibrium, the market supply and
demand are:
P = 30 + 0.5Q
P = 75 - Q
Where P is dollars per unit and Q is level of production and
sales in hundreds of units per day. A typical
firm in this market has a marginal cost of production expressed
as:
MC = 3.0 + 14q
Where q is the firm’s level of production.
a. Calculate the free market equilibrium values of P, Q, CS, PS,
and SW.
b. Determine a typical firm’s equilibrium quantity. How many
firms are in this market?
c. If all firms in this industry were bought by a monopolist,
calculate monopolist equilibrium P, Q,
MUF, CS, PS, and SW
d. As a policy maker, what can you do to regulate the
monopolist and restore competition outcome?
e. If an output tax is imposed on ONE firm's output such that
the ONE firm has a new marginal cost
level of production and PS be after
the tax is imposed? Compare with pretax levels.
Answer
* *
103. a. At equilibrium: D=S 75 Q=30+.5Q 45 1.5Q Q 30 75 30 $45
30(30)
$450
2
30(15)
$225
2
450 225 $675
*. Firm's Equilibrium: MR=MC (MR is the market price P )
30*3+14q=45 3 # Firms = 1
3
P
CS
PS
SW CS PS
b
q
104. . Monopolist Equilibrium: MR=MC (MC is market Supply)
Monopolist faces market demand curve, therefore its MR curve
is donward sloping with twice the slop
MR=75-2Q
*75-2Q=30+.5Q 45=2.5Q Q 18m
Firms
c
Pm
* 75 18 $57
39 1.46
(75 57)(18)
$162
2
(57 39) (57 30)
105. 18 $405
2
162 405 $567
675 567 $108
. We can restore competition outcome by setting the price at its
competitiv
P
MUF
MC
CSm
PSm
SWm
DWL SW SWCompetition m
d
106. ' *
*
e level of $45
. Firm's Equilibrium after the tax: MR=MC (MR is the market
price P )
45=5+14q 2.86 less than quantity produced before tax.
(45 5)(2.86)
after the tax $57.2
2
before th
e
q
Firm PS
Firm PS
(45 3)(3)
107. e tax $63
2
Therfore, the tax reduced the firm's PS by $5.8
Applications in Managerial Economics_Class R
10/17/2014
Page 25 of 32
3. A competitive market with the following demand and supply
curves:
2 - 60
75 -
S
d
Q P
Q P
108. where P is dollars per unit and Q is quantity produced and sold
in the market in hundreds of units.
A typical firm in this market has a marginal cost of production
expressed as:
Where q is the quantity produced by a typical firm.
a. Determine the market equilibrium P, Q, CS, PS, and SW.
b. Determine a typical firm equilibrium quantity and number of
firms. Calculate a typical firm PS.
c. If an output tax is imposed on one firm changing its MC to 10
firm equilibrium Q and PS? Comment on your result.
d. If all firms in this industry were bought by a monopolist,
calculate monopolist equilibrium P, Q, CS,
PS, and DWL.
e. As a policy maker, what would you do to restore competitive
equilibrium outcome?
Answer
*
a. At equilibrium: 2 - 60 75 - 3 135 $45
* 2(45) 60 30
30(30)
$450
109. 2
15(30)
$225
2
450 225 $675
* *. Firm's Equilibrium: MR=MC (MR is the market price P )
45=3+14q 3
Number of Firms i
D S P P P P
Q
CS
PS
SW CS PS
b q
110. *Q 30
n the Industry= 10 firms
* 3
(45 3)(3)
Firm PS $63
2
' *. Firm's Equilibrium after the tax: MR=MC (MR is the
market price P )
*45=10+14q 2.5 less than quantity produced before tax.
Firm PS after the
q
c
q
(45 10)(2.5)
tax $43.75
111. 2
Therfore, the tax reduced the firm's PS by $19.25
d. Monopolist Equilibrium: MR=MC (MC is market Supply).
MR=75-2Q
* *75-2Q=30+.5Q 45=2.5Q Q 18 75 18 $57m
(75 57)(18)
$16
2
Pm
CSm
2
(57 39) (57 30)
18 $405
112. 2
162 405 $567
675 567 $108
. We can restore competition outcome by setting the price at its
competitive level of $45.
PSm
SWm
DWL SW SWCompetition m
e
Applications in Managerial Economics_Class R
10/17/2014
Page 26 of 32
4. To encourage investment in Satellite Radio in its early stage
of development, a firm was given monopoly
power over the whole market for a specific period of time. The
demand and total cost function are
113. estimated to be:
2
P = 900 - 3Q
TC = 200 + 100Q+Q
Where P is dollars per unit and Q is level of production and
sales.
a. Determine the market equilibrium price, quantity, profit,
MUF, and social welfare under monopolist.
b. In a later stage, the market will be opened for competition. It
is expected that a large number of identical
small firms will be active in the market, and will act like
perfectly competitive firms. Determine price,
quantity, and social welfare under perfect competition. (Hint:
competitive supply is MC). Compare
results with monopolist.
c. If the number of firms in the competitive market is decreased
to eight identical firms, determine MC of
a representative firm, calculate each firm production and PS.
Answer
a. Monopolist Equilibrium: MR=MC
Monopolist faces market demand curve, therefore its MR curve
is donward sloping with twice the slop
115. . :
900 3Q=100+2Q 80
P
MUF
MC
CSm
PSm
SWm
b Competitive Market Equilibrium D S
(900 420)(160)
$38,400
116. 2
(420 100)(160)
$25,600
2
38,400 25,600 $64,000
. If the number of firms deacreased to eight firms:
' :
MC=100+2Q 8 100
P
CSc
PSc
SW CS PSc
c
Firm s MC
Q q MC f
117. *Q 160*q = 20
8 8
PS 25600cFirm PS = $3200
8 8
600
. 2
300
q
units
P
d MUF
MC
118. Applications in Managerial Economics_Class R
10/17/2014
Page 27 of 32
Price Discrimination
Answered Applications
1. American Tire and Rubber Company sells identical radial
tires under the firm's own brand name and to
discount stores for private labeling. Marginal cost is a constant
$10 per tire, regardless of the sub-market
in which the tire is sold. The firm has estimated the following
demand curves for each of the markets:
1 1
2 2
P = 70 - 0.0005 Q (brand name)
P = 20 - 0.0002 Q (private label).
Quantities are measured in thousands per month and price refers
to the wholesale price. Marginal cost is a
constant $10 per tire.
a. Find the equilibrium price, quantity, consumer surplus and
produce surplus in each market.
b. Calculate the elasticity of demand at equilibrium in each
market.
c. If the Company cannot price discriminate between the two
markets, calculate equilibrium quantity,
119. price, CS, and PS. Compare with your answer in (a).
Answer
1
1 1
* *
1 1 1
1
1
2 2
*
2 2
a. Equilibrium in first market: MR
70 .001
70 .001 10 60,000 70 .0005(60,0000) $40
(70 40)(60,000)
$900,000
2
(40 10)(60,000) $1,800,000
20 .0004
120. 20 .0004 10 25,000
MC
MR Q
Q Q P
CS
PS
MR Q
Q Q
2
2
123. ut price-discrimination: Q=Q
140,000 2000
100,000 5000
240,000 7000 34.29 .0001429 34.29 .0002858
equilibrium: MR=MC
34.29-.0002858Q=10 Q 84,975 34.29 .0001429(84,974) $22.
Q
Q P
Q P
Q P P Q MR Q
At
P
(34.29 22.14)(84,975)
$516,223.12
124. 2
(22.15 10)(84,975) $1,031,596.5
Under price discrimination, the sum of CS in both markets is
$962,500, which is more than CS without price
discrimination. Simil
CS
PS
arlry, PS under price discrimination ($1,925,000) is more than
PS with a single price.
Applications in Managerial Economics_Class R
10/17/2014
Page 28 of 32
2. Thatcher Park of upstate New York has a low demand during
work days (Market 1), but on Saturday and
Sunday demand increases (Market 2). The demand functions
are estimated to be:
125. 1 1
2 2
Market 1: P = 4 - 0.001Q
Market 2: P = 22.6 - 0.01Q
Q is the number of cars entering the park each day. The
marginal cost of running the park is the same on
weekdays and weekends:
MC = 1 + 0.004Q
In order to control crowds, the park's management uses peak-
load pricing which is a form of price
discrimination. This pricing policy controls crowds and makes
sure the park is self-supporting.
a. Find the equilibrium P, Q, and TR in each market.
b. Calculate CS, PS, and elasticity of demand at equilibrium in
each market.
c. If the park cannot price-discriminates, calculate P, Q and TR.
Compare with results in a.
Answer
1 1 1
* * *
1 1 1 1 1
126. 2 2 2
2
a. Equilibrium in first market: MR 4 .002
3
4 .002 1 .004 500 Seat 4 .001(500) $3.5 3.5(500) $1, 750
.006
Equilibrium in second market: MR 22.6 .02
22.6 .02 1 .004
MC MR Q
Q Q Q P TR
MC MR Q
Q Q
* * *
2 2 2 2
1 1
127. 1 1
1
21.6
900 Seat 22.6 .01(900) $13.6 13.6(900) $12, 240
.024
. CS, PS and Easticity of Demand at Equilibrium:
(4 3.5)(500) (3.5 1) (3.5 3)
$125 and (500) $750
2 2
1
1 3 3.5 1
Q P TR
b
CS PS
MR P
E
130. 2260 100
6260 1100 5.6 .0009 5.6 .0018
equilibrium: MR=MC 5.6 .0018 =1 .004 Q 809 Seats $4.87
793(4.89) $3,877.77
Yes. Thatcher Park benifits from price discrimination beacause
Q P
Q P P Q MR Q
At Q Q P
TR
TR is higher.
Applications in Managerial Economics_Class R
131. 10/17/2014
Page 29 of 32
3. Cleveland Orchestra leaves its Severance Hall in Cleveland
and operates from its summer home in Akron,
Ohio during the summer. The summer home is a magnificent
park with outdoor seating (Market 1) and a
covered pavilion (Market 2) and The demand functions are
estimated to be:
1 1
2 2
Market 1: P = 7 - 0.001Q
Market 2: P = 22.6 - 0.01Q
Q is the number of cars entering the park each day. The
marginal cost of running the park is the same on
weekdays and weekends:
MC = 1 + 0.004Q
In order to control crowds, the shrewdly-run Orchestra uses
peak-load pricing which is a form of price
discrimination. This pricing policy controls crowds and insures
Orchestra is self-supporting.
a. Find the equilibrium P, Q, and TR in each market.
b. Calculate CS, PS, and elasticity of demand at equilibrium in
each market.
c. If the Orchestra cannot price discriminate, calculate P, Q and
132. TR. Does Cleveland Orchestra
benefit from price-discrimination?
Answer
1 1 1
* * *
1 1 1 1 1
2 2
a. Equilibrium in first market: MR 7 .002
6
7 .002 1 .004 1, 000 Seat 7 .001(1, 000) $6 6(1000) $6, 000
.006
Equilibrium in second market: MR 22.6 .02
MC MR Q
Q Q Q P TR
MC MR Q
Cleveland Orchestra
133. * * *
2 2 2 2 2
1 1
1
21.6
22.6 .02 1 .004 900 Seat 22.6 .01(900) $13.6 13.6(900) $12, 240
.024
. CS, PS and Easticity of Demand at Equilibrium:
(7 6)(1, 000) (6 1) (6 5)
$500 and (1000) $3, 000
2 2
Q Q Q P TR
b
CS PS
MR P
134. 1 1
2 2
2 2 2
2 2
1 2
1 1 6
1 5 6 1 6
1
(22.6 13.6)(900) (13.6 1) (13.6 4.6)
$4, 050 and (900) $9, 720
2 2
1 1 13.6
1 4.6 13.6 1 1.51
9
. Without price-discrimination: Q=Q
E
E E
CS PS
MR P E
E E
c Q
136. Yes. Cleveland Orchestra benifits from price discr
P
Q P
Q P P Q MR Q
At Q P
TR
imination beacause TR is higher.
Applications in Managerial Economics_Class R
10/17/2014
Page 30 of 32
4. The local zoo has hired you to assist them in setting
admission prices. The zoo's managers recognize that there
137. are two distinct demand curves for zoo admission. One demand
curve applies to those ages 12 to 64, while the
other is for children and senior citizens. The two demand and
marginal revenue curves are:
PA = 9.6 - 0.08QA MRA = 9.6 - 0.16QA
PCS = 4 - 0.05QCS MRCS = 4 - 0.10QCS
Where PA = adult price, PCS = children/senior citizens price,
QA= daily quantity of adults, and QCS = daily
quantity of children and senior citizens. Crowding is not a
problem at the zoo, so that the managers consider
marginal cost to be zero.
a. If the zoo decides to price discriminate, what should the price
and quantity be in each market? Calculate
total revenue in each sub-market.
b. What is the elasticity of demand at the quantities calculated
in (a) for each market.
c. If the zoo cannot price discriminate, what will be the
equilibrium price and quantity? Can price
discrimination increase total revenue?
1
* *
1 1 1 1 1
1
138. * *
2 2 2 2 2
2
1 1
1
a. Equilibrium in first market: MR
9.6 .16 0 0.16 9.6 60 9.6 .08(60) $4.8
60(4.8) 288
4 0.1 0 0.1 4 40 4 .05(40) $2
40(2) 80
. Easticity of Demand
1
1
MC
MR Q Q Q P
TR
MR Q Q Q P
TR
b
MR P
E
140. 102.5(
A SC A SC
E
E
MR P E
E E
c Q Q Q P P Q P P Q
MR Q
At Equilibrium MR MC Q Q P
TR
141. Applications in Managerial Economics_Class R
10/17/2014
Page 31 of 32
Managerial Economics Formulas2
Elasticity of Demand
,
%
%
%
%
%
%
x x x
p
x x x
x x x
I
142. D
xX Y
x y
Y y x
Q dQ P
E
P dP Q
Q dQ P
E
I dI I
dQQ P
E
P dP Q
143. Price, Marginal Revenue and Elasticity
1 1
1
1
1P
P
MR P P MR
E
E
Consumption Theory
X
XY
Y
144. X X X Y
Y Y X Y
X Y
MU
MRTS
MU
MU P MU MU
MU P P P
X P Y P I
Calculus Rules: Derivatives
dy
y a then
dx
1 , b b
145. dY
y ax then abx
dx
dy du dz
y u x z x then
dx dx dx
dY dz du
y u x z x u z
dx dx dx
. .
,
du dz
z uu x dy dx dxy then
146. z x dx z
At Maximum
2
2
0
Y
X
and at minimum
2
2
0
Y
X
147. Production Theory
( )
L L L
L K L L
L K K K
L K
TP d TP
AP MP P MP W
L dL
MP MP MP P
P P MP P
TC L P K P
2 Ibrahim Elsaify, Applications in Managerial Economics, 2011.
All Rights Reserved.
148. Applications in Managerial Economics_Class R
10/17/2014
Page 32 of 32
Economies of Scale
( , )
( , )
Q f L K
Q f L K
Q Q IRS
Economies of Scope
, ) , 0) , )
) ) , )
, 0
149. , )
( ( (0
( ( (
(
x y x y
x y x y
x y
Economies of Scope
Also S Economies of Scope
TC Q Q TC Q TC Q
TC Q TC Q TC Q Q
TC Q Q
Equilibrium Conditions:
Market Equilibrium:
150. Firm Equilibrium: MR = MC where
( ) ( )
d TR d TC
MR and MC
dQ dQ
Cost Functions
( ) ( )
AC AVC AFC
TC TVC TFC
TC TVC TFC
Q Q Q
d TC d TVC
MC
dQ dQ
151. Market Concentration
a. N-Firm Concentration Ratio (N-Firm CR)
1 2 3 4
4 1 2 3 4 :
i
i
T T
S S S S S
C W W W W Where W
S S
b. Herfindahal-Herchman Index (HHI)
1
2 2 2 2
10,000 0 10,000
1 1 1 1 1
: .....
1
-
152. n
i
i
HHI W where HHI
HHI N
N N N N N
Number equal size firms in the market
HHI
With N equal size firms
c. Lerner Index and Markup Factor
Markup Factor
153. 1
1
1
1
P
E
P MC P
L P MC Markup Factor
P L MC
d. Rothchild Index
Market Elasticity of Demand
Firm Elasticity of Demand
MK
F