Edwin Hubble’s discoveries in the 1920s led to the understanding that the Milky Way is not the only galaxy in the Universe. In a 2 to 3 paragraph essay, describe the five types of galaxies within Hubble classification system. Select one of the galaxy types and search online for an example. Include a picture of your example galaxy
Galactosemia is a recessive human disease that is treatable by restricting lactose and glucose in the diet. Susan Smithers and her husband are both heterozygous for the galactosemia gene.
If the couple has four children, what is the probability that the first two will have galactosemia and the second two will not?
ANSWER: (1/4 x 1/4 x 3/4 x 3/4)6 = 54/256
Where did the 6 come from? I know order matters but what does the 6 mean?
Hello, I need help checking my answers and answering the increase in consumption question in the end.
4 . Gains from trade Consider two neighboring island countries called Euphoria and Arcadia. They each have 4 million labor hours available per month that they can use to produce jeans, rye, or a combination of both. The following table shows the amount of jeans or rye that can be produced using 1 hour of labor. Jeans RyeCountry (Pairs per hour of labor) (Bushels per hour of labor) Euphoria 8 32Arcadia 12 24 Initially, suppose Arcadia uses 1 million hours of labor per month to produce jeans and 3 million hours per month to produce rye, while Euphoria uses3 million hours of labor per month to produce jeans and 1 million hours per month to produce rye. Consequently, Euphoria produces 24 million pairs ofjeans and 32 million bushels of rye, and Arcadia produces 12 million pairs of jeans and 72 million bushels of rye. Assume there are no other countries willing to trade goods, so, in the absence of trade between these two countries, each country consumes the amount of jeans and rye it produces. Euphoria’s opportunity cost of producing 1 pair of jeans is 4 bushels v of rye, and Arcadia’s opportunity cost of producing 1 pair of jeans is2 bushels V of rye. Therefore, Arcadia V has a comparative advantage in the production of jeans, and Euphoria V has a comparative advantage in the production of rye.
3. Gains from trade
Consider two neighboring island countries called Dolorium and Arcadia. They each have 4 million labor hours available per week that they can use to produce corn, jeans, or a combination of both. The following table shows the amount of corn or jeans that can be produced using 1 hour of labor.
CountryCornJeans(Bushels per hour of labor)(Pairs per hour of labor)Dolorium832Arcadia1224Initially, suppose Arcadia uses 1 million hours of labor per week to produce corn and 3 million hours per week to produce jeans, while Dolorium uses 3 million hours of labor per week to produce corn and 1 million hours per week to produce jeans. Consequently, Dolorium produces 24 million bushels of corn and 32 million pairs of jeans, and Arcadia produces 12 million bushels of corn and 72 million pairs of jeans. Assume there are no other countries willing to trade goods, so, in the absence of trade between these two countries, each country consumes the amount of corn and jeans it produces.
Dolorium’s opportunity cost of producing 1 bushel of corn is4 pairs of jeans, and Arcadia’s opportunity cost of producing 1 bushel of corn is2 pairs of jeans. Therefore,Arcadia has a comparative advantage in the production of corn, andDolorium has a comparative advantage in the production of jeans.
Suppose that each country completely specializes in the production of the good in which it has a comparative advantage, producing only that good. In this case, the country that produces corn will producemillion bushels per week, and the country that produces jeans will producemillion pairs per week.
In the following table, enter each country’s production decision on the third row of the table (marked “Production”).
Suppose the country that produces corn trades 26 million bushels of corn to the other country in exchange for 78 million pairs of jeans.
In the following table, select the amount of each good that each country exports and imports in the boxes across the row marked “Trade Action,” and enter each country’s final consumption of each good on the line marked “Consumption.”
When the two countries did not specialize, the total production of corn was 36 million bushels per week, and the total production of jeans was 104 million pairs per week. Because of specialization, the total production of corn has increased bymillion bushels per week, and the total production of jeans has increased bymillion pairs per week.
Because the two countries produce more corn and more jeans under specialization, each country is able to gain from trade.
Calculate the gains from trade—that is, the amount by which each country has increased its consumption of each good relative to the first row of the table. In the following table, enter this difference in the boxes across the last row (marked “Increase in Consumption”).
Dolorium
Arcadia
CornJeansCornJeans(Millions of bushels)(Millions of pairs)(Millions of bushels)(Millions of pairs)Without TradeProduction24321272Consumption24321272With TradeProductionTrade action ConsumptionGains from TradeIncrease in Consumption
Gains and losses on the purchase and resale of treasury stock may be reflected only ina. paid-in capital accounts.b. paid-in capital and retained earnings accounts.c. income, paid-in capital, and retaining earnings accounts.d. income and paid-in capital accounts.
Gains and losses on the purchase and resale of treasury stock may be reflected only in a. paid-in capital accounts. b. paid-in capital and retained earnings accounts – answer c. income, paid-in…
Gaines Company recently initiated a postaudit program. To motivate employees to take theprogram seriously, Gaines established a bonus program. Managers receive a bonus equal to10 percent of the amount by which actual net present value exceeds the projected net presentop rPlanning for Capital Investments 481value. Victor Holt, manager of the North Western Division, had an investment proposal onhis desk when the new system was implemented. The investment opportunity required a$250,000 initial cash outflow and was expected to return cash inflows of $90,000 per year forthe next five years. Gaines’ desired rate of return is 10 percent. Mr. Holt immediately reducedthe estimated cash inflows to $70,000 per year and recommended accepting the project.Requireda. Assume that actual cash inflows turn out to be $91,000 per year. Determine the amountof Mr. Holt’s bonus if the original computation of net present value were based on $90,000versus $70,000.c. Speculate about the long-term effect the bonus plan is likely to have on the company.d. Recommend how to compensate managers in a way that discourages gamesmanship.Initial outayRate $250,0000.1Year012345NPV a) Amount of bonus 3.791Inflows(Actual)nflows(Budgeted)Inflows(Budgeted)I($250,000)($250,000)($250,000)$91,000$70,000$90,000$91,000…
Gail Palmer Ashton Graduate School of Business Case
1.
What are the hallmark features of the Ashton school as explicitly noted or inferred in
Watkins’ conversation with Martino and as embedded in the four strategic goals? What is
not in Ashton’s stated strategic goals that you might find characteristic of other school’s
goals?
2.
Upon leaving the dean’s office, having taken on the ad hoc task force leadership role,
how would you proceed? Do you like the task force’s profile Riley put together prior to
lining up specific people to serve on it? Why or why not?
3.
For strategic goals #2 and #4, develop a set of performance metrics that you would recommend to the dean.
Game Theory Exercise
You can choose one of the two options – 2 marks or 5 marks, regarding how many extra marks you want. You will get whichever marks you chose as long as fifteen or fewer students chose 5 marks. Otherwise, however, noone gets any extra marks. There are 82 students.
From statement above, do we haev any ( strictly or weakly ) dominant strategy here? If so, which one is it? If not, why not? How to draw a game theory chart of this?
some exercise of game theory!!urgent!!!!
Question 1 (2 points): L M RT 2,5 2,1 0,1C 3,2 4,4 1,1B 4,0 4,1 2,2Answer the following question regarding the game above (reason all your answers):a) Strategy M weakly dominates strategy L. True or False?b) Find a mixed strategy that dominates action T.Question 2 (2 points):Find the all Nash equilibria (in pure and mixed strategies) of the following game (byrepresenting graphically the best response functions):L RT 10, 2 1, 1B 3, 3 2, 7Question 3 (3 points):Consider the following centipede game:a) Define each player strategies.b) Find the subgame perfect equilibria of this game.Game Theory CourseMaster in Economics 2015/16Universidad de GranadaTEST II:GAME THEORYHand in not later than Friday 05, 2016February 1, 2016Question 4 (2 points):Consider two firms competing for the same market. Firm 1 has been operating in the marketfor years and the technology it uses is known. Firm 2 is new in the market and it has notannounced yet the technology that it will use. Suppose that with a 40% of probability this firmwill use a new more efficient technology, instead of the old technology used by firm 1. Thetechnology that it uses is only known by firm 2. These two firms have two possibilities: Put alow price (L)E or put a high price (H). The payoffs for each of the firm are determined in thefollowing table:a) Define the states of the game and for each player the signals it may receive and thesignal functionb) Determine the best response functions for each of the players.c) Obtain the Nash equilibria of the game.Question 5 (1 points):In an infinitely repeated Prisoner’s Dilemma a version of what is known as a “tit for tat”strategy of a player I is described as follows:• There are two “statuses” that player i might be in during any period: “normal” and“revenge”;• In a normal status player i cooperates;• In a revenge status player i defects• From a normal status, player i switches to the revenge status in the next period only ifthe other player defects in this period;• From the revenge status, player i automatically switches back to the normal status inthe next period regardless of the other player’s action in this period.Notice that this tit-for-tat strategy is slightly different from the one that appears in yournotes.In the following infinitely repeated gameIf both players play Tit for Tat strategy (starting in a normal status), can (C,C) be hold as a Nashequilibrium? Justify your answer with calculus. Firm 2 (old technology) (new technology) H L H LFirm 1H 10, 10 0, 15 Firm 1 H 10, 30 5, 20L 15, 0 1, 1 L 15, 0 1, 1C DC 2,2 0,3D 3,0 1,1
The commercialization of the electric car was supported by the need for a vehicle that polluted less and ____
Select one:
a. cost less
b. did not rely on foreign oil
c. supported wiFi
d. were larger
Lithium ion batteries ____
Select one:
a. ran at low temperatures
b. were inexpensive to make but ran at high temperatures
c. were expensive to make and ran at high temperatures
d. Were made in the UK
Monsanto, as a chemical company, did not have the capabilities to employ the technology and had to
Select one:
a. acquire them
b. build them
c. sell them
d. test them
In deliberating about whether to commercialize a technology or not, companies have to consider the feasibility by carrying out estimates of:
Select one:
a. population
b. probable future income streams
c. present value of money
d. the stock market
According to the textbook, for a technology to gain widespread commercial acceptance, The proponents of its commercialization must have the following 3 components:
Select one:
a. financial backing, governmental support, and the will to overcome setbacks
b. persistence, determination, and the will to overcome setbacks
c. social acceptance, determination, and financial backing
d. finances, culture, and social acceptance
In a few sentences, discuss the potential impact of genetically modified Brazil nuts.
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