1. __T/F__ Under the rate-of-return regulation, plant depreciation is handled by subtracting the depreciation from the rate base and by the application of return on capital investment
1. __T/F__ Under the rate-of-return regulation, plant depreciation is handled by subtracting the depreciation from the rate base and by the application of return on capital investment
a. True
b. False
2. Only _________ can override FCC?s initiatives, rules, regulations and policies
a. States
b. Congress
3. __T/F_ One way to provide additional revenues for the RBOCs in the MFJ was to retain control of the Yellow Pages
Page 2 of 6
a. True
b. False
4. _T/F___CSS7 gave phone companies the ability to add new features without adding any additional equipment costs
a. True
b. False
5. __T/F__ Cross Subsidy is a practice where a firm uses losses from a product or service to offset corporate taxes against gains
a. True
b. False
6. _T/F__ U.S. cable operators are regulated as common carriers for price and carriage, since now they provide telephone, TV and Internet services
a. True
b. False
7. _T/F____ Carriers must obtain a certificate from the FCC prior to the extension of existing lines or construction of new lines, except when 1) the line constitutes part of an interstate line, 2) local, branch, or terminal lines do not exceed ten miles in length, or 3) a line is acquired under Section 221 of the Communications Act.
a. True
b. False
8. _T/F__ The total element long-run incremental cost model is the current attempt by the FCC to implement a rational model for regulating rates
a. True
b. False
9. _______ is responsible for establishing Internet-related LAN standards such as the Wi-Fi specifications
a. W3C
b. IEEE
10. Federal Communications Commission was charted under the Act of ________________
a. 1934
b. 1996
B. Multiple Choice (s).
11. Which of the following is not true about the Telecommunications Act of 1996?
a. Allowed all telephone carriers, utilities, and cable television companies to sell both local and long distance calling.
b. Mandated that the local telephone companies form separate companies to supply connections to companies that competed with them.
c. Deregulated cable TV.
d. Long distance carriers lobbied for the ability to expand sales to offer local services.
e. a) and c)
12. Which of the following communication businesses are not considered common carriers?
a. Broadcasters
b. Cable Operators
c. Internet Service Providers
d. Telephone Companies
e. a), b) and c).
13. Broadcast licenses awarded by the FCC:
a. May not be transferred (sold).
b. May be transferred without FCC approval.
c. May be transferred, but only with FCC approval.
d. May be auctioned off to the highest bidder.
e. a) and c).
14. Which of the following statements are correct.
a. Quality of Service (QoS) is the method by which traffic is prioritized. The parameters of QoS are availability, information transfer accuracy, priority and delay.
b. Network congestion occurs when demand for bandwidth exceeds the bandwidth capability. The congestion can lead to a bottle neck at various nodes on the network or it can also cause packets to get lost.
c. In point-to-multipoint communication the provider can server multiple customers using one line.
d. All of the above
e. a) and c)
15. Which of the following organizations is / are responsible for establishing common network technical specifications and standards for the Internet?
a. Internet Engineering Task Force (IETF)
b. World Wide Web Consortium (W3C)
c. Institute of Electrical and Electronic Engineers (IEEE)
d. All of the above
e. a) and c)
16. Which one of following has the FCC traditionally NOT identified as a policy objective that allegedly leads to the promotion of the public interest?
a. Diversity.
b. Competition.
c. Subsidization.
d. Localism
e. c) and d
17. In order to obtain a broadcast license from the FCC, an applicant must:
a. Be a U.S. citizen, or if a corporation, must be owned mostly by U.S. citizens.
b. Demonstrate adequate financial qualifications to construct and operate a station.
c. Show that they are of good character.
d. All of the above.
e. b) and c)
18. The FCC stipulates that children’s television programming must:
a. Be aired at least three hours a week.
b. Not consist of program-length commercials.
c. Contain buffers between commercials.
d. All of the above.
e. b) and c)
19. The Telecommunications Act of 1996 requires:
a. Cable television networks to adhere to safe harbor guidelines for indecent programming.
b. Television set manufacturers to install V-Chips on new sets.
c. Broadcasters to limit the amount of violent programming they air during prime-time viewing hours.
d. All of the above.
e. a) and b)
20. Programming that falls under the FCC’s definition of indecency:
a. May only be shown on cable television.
b. May be broadcast on stations during the “safe harbor” from 10 p.m. to 6 a.m.
c. May be shown on cable television without adhering to the safe harbor guidelines that apply to broadcasters.
d. b) and c)
e. a) and b)
"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"
1 Suppose There Is A Perfectly Competitive Industry Where All The Firms Are Identica 3300695
/in Uncategorized /by developer1. Suppose there is a perfectly competitive industry where all the firms are identical with identical cost curves. Furthermore, suppose that a representative firm’s (short run) total cost is given by the equation TC = 100 + q^2+ 2q where q is the quantity of output produced by the firm. You also know that the market demand for this product is given by the equation P = 1000 – 2Q where Q is the market quantity. The SRMC is given by SRMC=2q+2. Suppose there are initially 50 firms in this market.. a. What is the equilibrium quantity and price in this market given this information? b. The firm’s MC equation based upon its TC equation is SRMC = 2q + 2. Given this information and your answer in part (a), what is the firm’s profit maximizing level of production, total revenue, total cost and profit at this market equilibrium? Is this a short-run or long-run equilibrium? Explain your answer. c. Is this firm experiencing economies of scale, diseconomies of scale, or constant economies of scale in the short run? d. Given your answer in part b, what do you anticipate will happen in this market in the long-run? e. In this market, what is the long-run equilibrium price and what is the long-run equilibrium quantity for a representative firm to produce? (Assume that the minimum of SRATC is also the minimum of LRATC and that this industry is a constant cost industry. Assume, additionally, that the firm will choose the same plant size as it had chosen previously.) Explain your answer.
"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"
1 Survival Of The Fittest Minimum Wage In The Restaurant Industry In Survival Of The 2866406
/in Uncategorized /by developer1. Survival of the fittest: Minimum wage in the Restaurant Industry.In “Survival of the Fittest: The
Impact of the Minimum Wage on Firm Exit”, Dara Lee Luca and Michael Luca write:
We study the impact of the minimum wage on firm exit in the restaurant industry, exploiting recent changes in the minimum wage at the city level. We find that the impact of the minimum wage depends on whether a restaurant was already close to the margin of exit. Restaurants with lower ratings are closer to the margin of exit at all observed minimum wage levels, and are disproportionately driven out of business by increases to the minimum wage. Our point estimates suggest that a one dollar increase in the minimum wage leads to a 14 percent increase in the likelihood of exit for a 3.5-star restaurant (which is the median rating on Yelp), but has no discernible impact for a 5-star restaurant (on a 1 to 5 star scale). Looking at data from delivery orders, we find that lower rated restaurants also increase prices in response to minimum wage increases.
Why does an increase in the minimum wage affect exit for medium rated restaurants but not high rated restaurants? What would you say is the impact on equilibrium prices for low/medium rated and high rated restaurants of an increase of the minimum wage? In your answer, suppose that restaurants are perfectly competitive for each rating level. Consider both how changes in the minimum wage affect both demand and supply for different rating levels.
2. Price Discrimination at the “Reputation Tour”.In a May 15th, 2018, article in the WSJ article
“Why Empty Seats at Taylor Swift’s Concerts Are Good for Business” journalist Anne Steele
comments:
For the current Taylor Swift tour, would-be concertgoers were encouraged to register for Ticketmaster’s Verified Fan program months before tickets went on sale. They could boost their standing in the ticket queue by watching music videos and purchasing the “Reputation” album or merchandise. Users then received codes that allowed them the chance to purchase discounted tickets over a six-day presale period.
The best seats—some with added VIP perks—cost $800 to $1,500 at face value for a given show, with those immediately behind them at $250 each. Spots in the back of the house go for about $50. Regular tickets for Ms. Swift’s tour three years ago cost about $40 to $225, according to Pollstar data. The Verified Fan presale tickets were each sold for about 25% below the price of face-value tickets sold during the public sale.
How is the Verified Fan system allowing Taylor Swift to increase revenue? After all, tickets through Verified Fan sell for 25% less than tickets for tours in previous years. In other words, why did Taylor Swift and Ticketmaster launched the Verified Fan program? If you were helping
Taylor Swift with the pricing of her tours, what would you modify/change in the system to improve profits?
Suppose that there is no resale by scalpers, and Taylor Swift can perfectly price discriminate, but demand for a given concerts is not sold-out (empty seats remain for that stadium). What does this say about demand for that concert (in particular about the WTP of consumers)? Imagine now that Taylor Swift can only charge the same price to all concertgoers (no price discrimination) and a given concert is not sold-out. What does this say about demand for that concert? You can use a linear demand curve to clarify your reasoning. Finally, is the claim that “empty seats is good for business” right?
Attachments:
"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"
1 Suppose Total Deposits In The First Bank Of Commerce Are 200 000 And Required Rese 2551712
/in Uncategorized /by developer1. Suppose total deposits in the First Bank of Commerce are $200,000 and required reserves are $10,000. Based on this information, the required reserve ratio is: (Points : 5)
.05.
.10.
.20.
20.
"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"
1 Sweetwater Company Manufactures Two Products Mountain Mist And Valley Stream The C 2308296
/in Uncategorized /by developer1. Sweetwater Company manufactures two products, Mountain Mist and Valley Stream. The Company prepares its master budget on the basis of standard costs. The following data are for March:
"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"
1 Take The Same Pair Of Matrices X Y You Used In Exercise 2 A Derive The Performance 2664122
/in Uncategorized /by developer1. Take the same pair of matrices (X, y) you used in exercise 2.
(a) Derive the performance from a 10-fold purged CV of an RF on (X, y), with 1% embargo.
(b) Why is the performance lower?
(c) Why is this result more realistic?
2. In this chapter we have focused on one reason why k-fold CV fails in financial applications, namely the fact that some information from the testing set leaks into the training set. Can you think of a second reason for CV’s failure?
"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"
1 T F Under The Rate Of Return Regulation Plant Depreciation Is Handled By Subtracti 1352486
/in Uncategorized /by developer1. __T/F__ Under the rate-of-return regulation, plant depreciation is handled by subtracting the depreciation from the rate base and by the application of return on capital investment
1. __T/F__ Under the rate-of-return regulation, plant depreciation is handled by subtracting the depreciation from the rate base and by the application of return on capital investment
a. True
b. False
2. Only _________ can override FCC?s initiatives, rules, regulations and policies
a. States
b. Congress
3. __T/F_ One way to provide additional revenues for the RBOCs in the MFJ was to retain control of the Yellow Pages
Page 2 of 6
a. True
b. False
4. _T/F___CSS7 gave phone companies the ability to add new features without adding any additional equipment costs
a. True
b. False
5. __T/F__ Cross Subsidy is a practice where a firm uses losses from a product or service to offset corporate taxes against gains
a. True
b. False
6. _T/F__ U.S. cable operators are regulated as common carriers for price and carriage, since now they provide telephone, TV and Internet services
a. True
b. False
7. _T/F____ Carriers must obtain a certificate from the FCC prior to the extension of existing lines or construction of new lines, except when 1) the line constitutes part of an interstate line, 2) local, branch, or terminal lines do not exceed ten miles in length, or 3) a line is acquired under Section 221 of the Communications Act.
a. True
b. False
8. _T/F__ The total element long-run incremental cost model is the current attempt by the FCC to implement a rational model for regulating rates
a. True
b. False
9. _______ is responsible for establishing Internet-related LAN standards such as the Wi-Fi specifications
a. W3C
b. IEEE
10. Federal Communications Commission was charted under the Act of ________________
a. 1934
b. 1996
B. Multiple Choice (s).
11. Which of the following is not true about the Telecommunications Act of 1996?
a. Allowed all telephone carriers, utilities, and cable television companies to sell both local and long distance calling.
b. Mandated that the local telephone companies form separate companies to supply connections to companies that competed with them.
c. Deregulated cable TV.
d. Long distance carriers lobbied for the ability to expand sales to offer local services.
e. a) and c)
12. Which of the following communication businesses are not considered common carriers?
a. Broadcasters
b. Cable Operators
c. Internet Service Providers
d. Telephone Companies
e. a), b) and c).
13. Broadcast licenses awarded by the FCC:
a. May not be transferred (sold).
b. May be transferred without FCC approval.
c. May be transferred, but only with FCC approval.
d. May be auctioned off to the highest bidder.
e. a) and c).
14. Which of the following statements are correct.
a. Quality of Service (QoS) is the method by which traffic is prioritized. The parameters of QoS are availability, information transfer accuracy, priority and delay.
b. Network congestion occurs when demand for bandwidth exceeds the bandwidth capability. The congestion can lead to a bottle neck at various nodes on the network or it can also cause packets to get lost.
c. In point-to-multipoint communication the provider can server multiple customers using one line.
d. All of the above
e. a) and c)
15. Which of the following organizations is / are responsible for establishing common network technical specifications and standards for the Internet?
a. Internet Engineering Task Force (IETF)
b. World Wide Web Consortium (W3C)
c. Institute of Electrical and Electronic Engineers (IEEE)
d. All of the above
e. a) and c)
16. Which one of following has the FCC traditionally NOT identified as a policy objective that allegedly leads to the promotion of the public interest?
a. Diversity.
b. Competition.
c. Subsidization.
d. Localism
e. c) and d
17. In order to obtain a broadcast license from the FCC, an applicant must:
a. Be a U.S. citizen, or if a corporation, must be owned mostly by U.S. citizens.
b. Demonstrate adequate financial qualifications to construct and operate a station.
c. Show that they are of good character.
d. All of the above.
e. b) and c)
18. The FCC stipulates that children’s television programming must:
a. Be aired at least three hours a week.
b. Not consist of program-length commercials.
c. Contain buffers between commercials.
d. All of the above.
e. b) and c)
19. The Telecommunications Act of 1996 requires:
a. Cable television networks to adhere to safe harbor guidelines for indecent programming.
b. Television set manufacturers to install V-Chips on new sets.
c. Broadcasters to limit the amount of violent programming they air during prime-time viewing hours.
d. All of the above.
e. a) and b)
20. Programming that falls under the FCC’s definition of indecency:
a. May only be shown on cable television.
b. May be broadcast on stations during the “safe harbor” from 10 p.m. to 6 a.m.
c. May be shown on cable television without adhering to the safe harbor guidelines that apply to broadcasters.
d. b) and c)
e. a) and b)
"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"
1 The Accounts Of Abc Manufacturing Co For The Year Ended 31st March 2017 Show The F 2824830
/in Uncategorized /by developer1.The accounts of ABC Manufacturing Co, for the year ended 31st March, 2017 show the following: Consumable stores 2,000 Drawing office salaries 1,000 Counting house salaries 3,000 Cash discounts allowed 1,200 Carriage and cartage outwards 4,000 Carriage and cartage inwards 10,000 ‘Bad debts written off 5,000 Document Preview:
The accounts of ABC Manufacturing Co, for the year ended 31st March, 2017 show the following: Consumable stores 2,000 Drawing office salaries 1,000 Counting house salaries 3,000 Cash discounts allowed 1,200 Carriage and cartage outwards 4,000 Carriage and cartage inwards 10,000 ‘Bad debts written off 5,000 Repairs of plant, machinery and tools 3,000 Sale of waste materials 5,000 Rent, rates, taxes and insurance office 4,000 Sales 5,00,000 Audit fee 5,000 Postage and telegram 1,000 Legal charges 2,000 Bank charges 3,000 Trade subscriptions 6,000 Advertisements 10,000 Travelling expenses 6,000 Warehouse expenses 5,000 Delivery van expenses 4,000 Trade discount 3,000 Exhibition expenses …
Attachments:
"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"
1 Telephone Operators And Receptionists Who Prevent Contacts To Deciders Are Classif 2846909
/in Uncategorized /by developer1.Telephone operators and receptionists who prevent contacts to deciders are classified as A. initiators B.influencers C. buyers D.gatekeepers 2. Supplier?s goal is to enlarge their share of purchasing over time, it is a characteristic of buying situation and called as A.supplier’s rebuy B.purpose buying C.straight rebuy D.turned rebuy 3. A company’s buying products such as chemicals or steel from specialized hubs are classified as A.Horizontal markets B.vertical markets C.auction markets D.private markets 4.All individuals and groups participants that make purchasing decision and share common goals and risks are classified as A. supplier center B. buying center C. evaluation center D. initial awareness stage 5. Traditional supply situation in which focus is on competition rather than cooperation is classified as A.customer supply B.contract supply C.cooperation supply D.bare buying
"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"
1 The Balances In The Perpetual Inventory Accounts Of Valley View Manufacturing Corp 2633267
/in Uncategorized /by developer1. The balances in the perpetual inventory accounts of Valley view Manufacturing Corporation at the beginning and end of the current year are as follows:
End of Year
Beginning of Year
Inventory accounts:
Materials . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
$15,000
$25,000
Work in Process . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
10,000
8,000
Finished Goods Inventory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
24,000
30,000
Total dollar amounts debited and credited during the year to the accounts used in recording manufacturing activities are as follows:
Debit Entries
Credit Entries
Account:
Materials Inventory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
$225,000
$ ?
Direct Labour . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
200,000
210,000
Manufacturing Overhead . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
420,000
420,000
Work in Process Inventory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
?
?
Finished Goods Inventory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
?
?
Instructions
"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"
1 The Aerodynamic Drag On A Vehicle Is Thought To Depend On The Following Properties 2803253
/in Uncategorized /by developer1. The aerodynamic drag on a vehicle is thought to depend on the following properties: ? Density of the fluid ? Viscosity of the fluid ? A representative length scale of the vehicle. ? Flow velocity
"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"