1. Suppose there are five people – 1, 2, 3, 4, and 5 – who rank projects A, B, C, and D as follows:
1
2
3
4
5
A
A
D
C
B
D
C
B
B
C
C
B
C
D
D
B
D
A
A
A
a. Sketch the preferences, as in Figure 6.2.
b. Will any project be chosen by a majority vote rule? If so, which one? If not, explain why.
1. Suppose the government imposed a maximum wage in the market for some high-paying job. Draw a diagram to illustrate this market. What would be the consequences of this maximum wage?
2. Explain why, when we analyze the minimum wage, the elasticity of labor supply affects the unemployment rate but not the employment rate.
1-Suppose the marginal social cost of fighter aircraft each year exceeds their marginal social benefit Are fighter aircraft being produced at an efficient level?
2-The marginal social benefit of college enrollments currently exceeds its marginal social cost . Use a graph to demonstrate the gain in efficiency that would result from an increase in college enrollment.
Attachments:
BD3DB752-1EA7….jpeg
1. Suppose the government grants $2,500 per child to households that have more than two children. Do these child allowances influence the fertility behavior of households that had no children prior to the government program?
2. A worker plans to retire at the age of 65 when he will start collecting his retirement benefits. There is a sudden change in inflation forecasting, and inflation is predicted to be higher than had been expected. Prices and wages are now expected to go up. What effect will this announcement have on the person's retirement age preference:
a. If his retirement benefits were fully adjusted for inflation?
b. If the retirement benefits were not fully adjusted for inflation?
1. Suppose that you enter into a six-month forward contract on a non-dividend-paying stock when the stock price is $30 and the risk-free interest rate (with continuous compounding) is 12% per annum. What is the forward price? 2. A stock index currently stands at 350. The risk-free interest rate is 8% per annum (with continuous compounding) and the dividend yield on the index is 4% per annum. What should the futures price for a four-month contract be?
1. Suppose that we disallowed recursion in Ada. Would it be possible to construct a fully static environment for the language? Is the same true for C?
2. Describe how, in a language without procedure parameters, the environment pointer of a procedure closure does not need to be stored with the procedure, but can be computed when the procedure is called.
Q
1) The GAMMA Corp. has decided to enter the next generation in customer service. In order to do so they need to purchase a new piece of equipment. The equipment is highly specialized and needs to be created to exact specifications. As a result it will take at least 30 months for the equipment to be ready for installation and will cost a total of $270,000. GAMMA Corp. wants to set aside the money it needs for the equipment today. Being extremely conservative the company will be placing the funds it needs for the purchase into a GIC with a rate of 2.1% compounded Semi-Annually.
A- How much money are they setting aside today?
B- What would the interest rate be if they only needed to save $221,920.32 at the beginning? (Input as a percentage without the % sign)(Remember (-) where appropriate)
C -How much would they need if they had more time to allow money to grow such as if the equipment would be ready in 5.5 Years at a rate of 2.1% Compounded Semi-Annually?
2) Jane is an analyst and their company wants to get a return of atleast 4.4% compounded Quarterly on their investment. Jane will only have use of the money for 12 Months before the company needs it for another project. Jane has been give $1,200 to invest.
A- If Jane is able to find an investment matching the criteria, how much money will they have after 12 Months?
B- If the rate of return ended up being 11.5% and the company invested their $1,200. How much would they have after 12 Months?
C- The company liked the 11.5% and decided to leave the money invest until they earned 6,573.13. How long was the money actually invested for in MONTHS? (REMEMBER (-) signs where appropriate).
1. 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
1) The Hawaiian Corporation expects this year’s net income to be $12 million. The firm’s target debt/assets ratio is 30 percent. This year, Hawaiian has $20 million profitable investment opportunities. According to the residual dividend policy, what should be Hawaiian’s dividend payout ratio this year?
1.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
Hi there! Click one of our representatives below and we will get back to you as soon as possible.