Maria Van Gelder Jones International University Economic Theory and Application Assignment 4.1 Technical Questions: 1‚ 3 and 5 of Chapter 9 & 10 Chapter 9 1. The following graph: (not able to recreate‚ but in the text)‚ shows a firm with a kinked demand curve a. What assumption lies behind the shape of this demand curve? The kinked demand curve assumes that other firms will follow price decreases and will not follow price increases. For instance‚ in an oligopoly model‚ based
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Shouldice Hospital – A Cut Above (page 115). Answer all 4 questions in the textbook 6. A) 358.3 units B) 325 units C) 575 units a. F (this month) = (325 + 350 + 400)/3 = 358 b. F (next month) = (300 + 325 + 350)/3 = 325 c. F (two months ago) = 450 + .20(400 – 450) = 440 F (one month ago) = 440 + .20(350 – 440) = 422 F (this month) = 422 + .20(325 – 422) = 403 Case 1. The hospital beds are only being fully used 3 days out of the week. Utilization is 71.4% 2. The utilization is 85.7%. The beds would
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Q.1 A particle is moving in a straight line with initial velocity u and retardation αv‚ where v is the velocity at any time t [a] the particle will cover a total distance u/α [b] the particle will come to rest after 1/α [c] the particle will continue to move for a very long time [d] the velocity of the particle will become u/2 after time 1/α Q.2 A particle moves along the xaxis as x = u(t-1)2 + a(t-3)3 [a] initial velocity of the particle is u
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20 years in terms of its human consequences—not one word about the costs of repairing the government’s program. The National Electrical Contractors Association has referred to potentially $450 million as the cost of repairing a program which was already on track to being $1 billion over budget—potentially $450 million of costs‚ and not one word of transparency in a ministerial statement about a grand program failure in costs‚ not one word in real terms about the causes within the government both
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Wages and the Labor Market (Econ 450) Instructor: Chao Fu Office: 6432 SS‚ 1180 Observatory Drive Email: cfu9@wisc.edu Classes: TuTh 11:00AM - 12:15PM SOC SCI 5106 Office Hours: Thu. 12:15-1:15pm‚ Fri. 1-2pm I. Basic Goals: The object is to provide students with a detailed outline of the basics of labor economics. I will spend most of the time going through the theory and ideas that form the fundamentals of labor economics. However‚ it is important that students are aware of the simple
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The Great Literary Works of Solomon Mary A. Wilson BIB 113 – Old Testament History Grand Canyon University Dr. Calvin Habig‚ Instructor August 16‚ 2009 The Great Literary Works of Solomon The purpose of the Book of Psalms is to provide the expression of praise‚ worship and confession to God. The purpose of the Book of Proverbs is to teach people how to attain wisdom‚ discipline‚ and a prudent life‚ and how to do what is right‚ just‚ and fair. In short‚ to apply divine wisdom
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The Teaching of Hand Washing GCU student Grand Canyon University 07NOV2014 The Teaching of Hand Washing One of the objectives of the Healthy People 2020 website is to prevent‚ reduce‚ and ultimately eliminate healthcare-associated infections (HAIs). HAIs are an increasing problem for our health care workers. Funding to treat HAIs will be the responsibility of the facility where the patient contracted the HAIs. Teaching about proper hand washing will reduce the risk of transferring
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form NADPH. Hypotheses If you increase the intensity of light‚ then the production rate of ATP will increase. Violet (450-400 nm) will produce the most ATP. Data Light Intensity(lux) Percent of ATP 0 0 20 1.2 40 2.4 60 3.6 80 4.8 100 6 120 7.2 140 8.4 160 9.6 180 10.8 200 12 All data was collected at 575 nm Wavelength (nm) Percent of ATP 400 52 425 80 450 12 475 6 500 6 525 8 550 12 575 9.6 600 16 625 46.4 650 68 675 22 700 4 725 3.2 750 2.4 Data was collected at
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1. By segment‚ how many products will appear in the segment? The following table is unit demand of each segment in the market from 2013 to 2020. Market Demand by Segment (by 1‚000units) | | Traditional | Low End | High End | Performance | Size | 2013 | 7‚387 | 8‚960 | 2‚554 | 1‚915 | 1‚984 | 2014 | 8‚133 | 10‚116 | 2‚995 | 2‚325 | 2‚368 | 2015 | 8‚808 | 11‚229 |
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excess capacity can be used in this way. This product can be made in three sizes--large‚ medium‚ and small--that yield a net unit profit of $420‚ $360‚ and $300‚ respectively. Plants 1‚ 2‚ and 3 have the excess capacity to produce 750‚ 900‚ and 450 units per day of this product‚ respectively‚ regardless of the size or combination of sizes involved. The amount of available in-process storage space also imposes a limitation on the production rates of the new product. Plants 1‚ 2‚ and 3 have 13
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