Econ 122A Problem Set 6 Name(Print)______________________ Due in class on March 14 UCI ID_____________________________ 1. In class‚ we have talked about the following simple wage equation wage = α + β female + u ‚ where female is a dummy that is equal to 1 if female‚ and 0 otherwise. ˆ ˆ Given the OLS estimates α and β for the above model‚ what are the OLS estimates ˆ ˆ for a model with a male dummy instead of a female dummy
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CHAPTER 2 ECONOMISTS’ VIEW OF BEHAVIOR CHAPTER SUMMARY This chapter uses the cheating scandal at Merrill Lynch to illustrate how a manager’s view of behavior can affect decision making. It summarizes the economic view of behavior and contrasts it with other views. The chapter presents a graphical analysis of utility maximization and decision making under uncertainty. The concepts in this chapter are an important foundation for subsequent material in the book. CHAPTER OUTLINE ECONOMIC BEHAVIOR:
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$484‚000 121‚000 363‚000 2012 March $532‚400 133‚100 399‚300 First Quarter $1‚456‚400 364‚100 1‚092‚300 Total sales........................ Cash sales* ...................... Sales on account† ........... *25% of total sales. †75% of total sales. 2. Cash receipts budget: 2012 January $110‚000 33‚000 270‚000 $413‚000 February $121‚000 36‚300 297‚000 $454‚300 March $133‚100 39‚930 326‚700 $499‚730 First Quarter $ 364‚100 109‚230 893‚700 $1‚367‚030 Cash sales ...............................
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Chapter 17‚ Problem B1 A. To remain comfortably within the ‘A’ range‚ the firm should avoid the lower of each scale. Fixed Charge Coverage = 3.40 – 4.30 (Scale 3.00 – 4.30) Total Debt = 55 – 65 (45 - 65) Long-Term Debt = 25 – 32 (22 – 32) B. Other factors to consider include net present value (NPV)‚ foreign tax credits‚ and the price of stock. C. Bixton must resolve the research and development‚ and foreign tax credits. The target ranges listed are suitable only for a debt shield. Lenders
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MIT Sloan Finance Problems and Solutions Collection Finance Theory I Part 1 Andrew W. Lo and Jiang Wang Fall 2008 (For Course Use Only. All Rights Reserved.) Acknowledgements The problems in this collection are drawn from problem sets and exams used in Finance Theory I at Sloan over the years. They are created by many instructors of the course‚ including (but not limited to) Utpal Bhattacharya‚ Leonid Kogan‚ Gustavo Manso‚ Stew Myers‚ Anna Pavlova‚ Dimitri Vayanos and Jiang Wang. Contents 1
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ac-in‚ i. Flow Rate – cu-ft/sec 2. Statements (1) and (2) refer to water volumes. Are these Net or Gross volumes? (1) Crop water use (cu-ft) = Seasonal ET (ft) x Crop area (acres) x 43‚560 sq-ft/acre (2) Volume applied by system (ac-in) = Application rate (in/hr) x Irrigation time (hr) x Area (acres) a. (1) is Net; (2) is Gross b. (1) is Gross; (2) is Gross c. (1) is Gross; (2) is Net d. (1) is Net; (2) is Net 3. Statements (1) and (2) refer to water amounts. Are these
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ECO 550: Managerial Economics and Globalization Assignment #2 1. Office building maintenance plans call for the stripping‚ waxing‚ and buffing of ceramic floor tiles. This work is contracted out to office maintenance firms‚ and both technology and labor requirements are very basic. Supply and demand conditions in this perfectly competitive service market are: QS = 2P - 20 | (Supply) | QD = 80 - 2P | (Demand) | Where Q is thousands of hours of floor reconditioning per month and
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Chapter 2 Identifying Key Terms 1. Other terms for the market economic system are capitalism and invisible hand. 2. Many American believe that their economic system accounts for the high______ in the United States 3. The concept of _____ allows people to buy and own land‚ a home or their own business. 4. The____ can make profits or incur great losses. 5. A person may keep the___ they earn from selling. 6. Most people live in countries that have a ____. 7. Adam Smith said the economy is directed
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TEAM WEEKLY MODULE PROBLEM SET 2 Ryan Anderson‚ Erik Bare‚ Steven Kitchen‚ Daniel Stewart and Tamara Wogen Washington State University BA 503 Foundations In Business Law Kalvin N. Joshi‚ Esq.‚ J.D. NEGLIGENCE AND STRICT LIABILITY 1. What defense will Ragged Mountain probably assert? As the plaintiff voluntarily entered into a hazardous situation‚ aware of the inherent risk and danger involved‚ Ragged Mountain can assert the affirmative defense of
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Maintenance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $40‚000 Materials handling . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20‚000 Set-ups . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10‚000 Quality control . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 45‚000
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