Does Australia face an increasing opportunity cost of ethanol?
Instruction Please you need to follow an appropriate format explained below..· All written answers must be clearly typed · All assignment questions and sub-questions should be typed in order at the heading.· Separate each main question by different page. For example, if Question 1 (a) (b) (c) and (d) are answered on pages 1-2, then start Question 2 on page 3, etc.1.1 The answers should be written clearly and concisely with the main points only, and avoid irrelevant points. In your answers,· You should analyse, explain and show how and why you draw your answers. Providing just answers without explanation will not receive full marks.1.2 You should also include appropriate and relevant diagrams, charts and tables together in your explanation. Draw them using Microsoft Word/Excel/Power Point tools1.3 Important note writing is to correctly reference the sources of information that you have used.Assignment QuestionsQuestion 1 Part A Australia produces ethanol from sugar cane, and the land used to grow sugar cane is used to grow food crops. Suppose that Australias production possibilities for ethanol and food crops are as in the table.(a) If Australia increases its production of ethanol from 40 barrels per day to 54 barrels per day, what is the opportunity cost of an additional barrel of ethanol?(b) Does Australia face an increasing opportunity cost of ethanol? What feature of Australias PPF illustrates increasing opportunity cost? Part BThe table sets out the demand and supply schedules for banana. (c) Draw a graph of the market for banana. What are the equilibrium price and quantity? Explain why.(d) If the price of bananawas $1.50 a box. What would be the situation in the banana market (shortage or surplus)? Explain why and how the price and quantity would adjust.(e) Suppose a cyclone destroyed some banana farms in QLD and the quantity of banana supplied decreased by 500boxes a week at each price. Explain what would happen to the market supply and demand and how would the equilibrium price and quantity adjust?Illustrate the changes on your graph.(f) Suppose a cyclonedecreased banana supply by 500boxes a week at each price. But at the same time the demand for banana increased by 500 boxes a week at each price. Explain what would happen to the market equilibrium price and quantity?Illustrate the changes on your graph. Question 2 Part A A tour agencys demand schedule for hotel rooms is given in the table.(a) What happens to total expenditure of the tour agency if the price falls from $400 to $350 per night per room? Is the demand for hotel room elastic, inelastic, or unit elastic? (b) What happens to total expenditure of the tour agency if the price falls from $300 to $250 per night? Is the demand for hotel room elastic, inelastic, or unit elastic? (c) Calculate the demand elasticity of the hotel room, when the price falls from $400 to $350 pernight per roomand when the price falls from $300 to $250, respectively. Part BWhen Hanas income was $3,300, she bought 5kgs of riceand 2kgsof beef a month. Now her income is $4,400 and she buys 4.5kgs of rice and 2.75kgs of beef a month.(d) Calculate Hanas income elasticity of demand forbeef. Show your calculation. (e) Calculate Hanas income elasticity of demand forrice. Is rice normal good or inferior good? Show your calculation. Suppose aflood cuts the quantity of sugar cane grown by 4 per cent.(f) If the price elasticity of demand for sugar cane is 0.5, by how much will the price of sugar cane rise? Show your calculation. (g) If sugar makers estimate that this change in the price of sugar cane will increase the price of sugar by 15 per cent and decrease the quantity demanded forsugar by 3 per cent, what is the price elasticity of demand for sugar? Show your calculation. (h) If coffee makers estimate that, with the change in the price of sugar, the quantity of coffee demanded will decrease by 6 per cent, what is the cross elasticity of demand for coffee with respect to the price of sugar?Question 3 Part A The table shows the demand and supply schedules for low-cost housing.(a) If the government puts a rent ceiling of $650 a month, what is the rent paid and how many rooms are rented? Explain why? (b) Now the government strictly enforces a rent ceiling of $550 a month.How many rooms are rented?Is the low-cost housing market efficient? Explain why. (c) If the government strictly enforces a rent ceiling of $550 a month, what happens to consumer surplus and producer surplus? Using the table information, draw a diagram to explain. Also, calculate total housing search costs and deadweight loss. Show your calculation. Part BThe US Farm Bill 2012 indicates that the domestic price of wheat will be maintained at $350 per tonne, which is above the market equilibrium level of $300 per tonne, in order to support for domestic wheat growers. At the market equilibrium, 100 tonnes are supplied. (a) Is the wheat price control in the US a price floor or a price ceiling?(b) On a graph, show and explain ifthe price control in the US createsa shortage or a surplus in the market for wheat. Assume that the US does not trade wheat internationally. (c) Show on a graph and explain how the price control in the US changes consumer surplus, producer surplus, and deadweight loss in the domestic wheat market. Question 4Part ASouth Korea is one of the major beef importing countries. With no international trade, Koreas equilibrium price for beef was $10 million per kilo tonne and equilibrium quantity was 30 kilo tonne. If Korea opens its market to international trade with no tariff, domestic supply would be 10 kilo tonne and domestic demand would be 50 kilo tonne at the world price of $5 million per kilo tonne. However, Korea currently imposes 40 per cent tariff rate on all imported beef. With 40 per cent tariff, Koreas domestic supply and domestic demand are 20 kilo tonne and 40 kilo tonne respectively. Assume that intercept of supply curve is $3 million and demand curve is $15 million per kilo tonne. (a) Analyse the effects of 40 per cent tariff rate in Korea on the price, domestic supply and demand, and beef imports in comparison with no tariff case. (b) Draw a graph to identify the areas of gains and losses from the trade with 40 per cent tariff rate with brief explanation. Then, calculate the actual values of change in consumer surplus, producer surplus, tariff revenue and the amount of deadweight loss. Show your calculation.(c) Suppose that Korea does not impose tariff any more but instead imposes an import quota of 20 kilo tonne. Draw a graph to identify the areas of gains and losses from the import quota, importers profit, and the deadweight loss. Provide your explanation. Part B The figure illustrates the market for tomatoes. A small town is surrounded by a large tomato farm. The tomato grower sprays the plants with chemicals to control disease and the chemical waste flows into the river passing through the town. The marginal external cost of the chemical waste is equal to the marginal private cost of producing tomatoes.(d) Draw a graph that shows marginal social cost (MSC) curve together with the marginal private cost (= S) and marginal social benefit (= D) curve. (e) If no one owns the river and the town takes no action to control the waste, what is the quantity of tomatoes, and the deadweight loss created? (f) If the town owns the river and makes the tomato grower pay the cost of pollution, how many tomatoes are produced? What does the grower pay the town per tonne of tomatoes produced?
A description of how you are proposing to measure self-regulation
Self-Regulation of Learning Use published human and animal research and behaviorist, social cognitive, information processing and constructivist theory to develop an outline of a research proposal to measure self-regulation in one of the following fields: The High lighted green is the area I want this paper to be wrote on… Environmental or evolutionary psychologyForensic psychologyHealth or sports psychologyIndustrial/organizational or engineering psychology Prepare a 3- to 5–page annotated or expanded outline for review by members of a foundation grant screening committee. Address the following in your outline: A description of how you are proposing to measure self-regulationThe operational definitions, limitations, assumptions, hypotheses, and data analysis plansThe deficiencies a critic might identify in your statement of limitations and assumptions
What motion pictures, if any, should be considered high-performance outliers?
Motion Picture Industy The motion picture industry is a competitive business. More than 50 studios produce a total of 300 to 400 new motion pictures each year, and the financial success of each motion picture varies considerably. The opening weekend gross sales, the total gross sales, the number of theaters the movie was shown in, and the number of weeks the motion picture was in the top 60 for gross sales are common variables used to measure the success of a motion picture. Data collected for a sample of 100 motion pictures produced in 2005 are contained in the file named Movies. Table 3.15 shows the data for the first 10 motion pictures in the file.Managerial ReportUse the numerical methods of descriptive statistics presented in this chapter to learn how these variables contribute to the success of a motion picture. Include the following in your report.1. Descriptive statistics for each of the four variables along with a discussion of what the descriptive statistics tell us about the motion picture industry.2. What motion pictures, if any, should be considered high-performance outliers? Explain.3. Descriptive statistics showing the relationship between total gross sales and each of the other variables. Discuss.Table 3.15 PEFORMANCE DATA FOR 10 MOTION PICTURESMotion Picture Opening Weekend Total Gross Sales Number of Theatres Weeks in Top 60Coach Carter 29.17 million 67.25 2574 16Ladies in Lavender 0.15 million 6.65 119 22Batman Begins 48.75 million 205.28 3858 18Unleashed 10.90 million 24.47 1962 8Pretty Persuasion 0.06 million 0.23 24 4Fever Pitch 12.40 million 42.01 3275 14Harry Potter 102.69 million 287.18 3858 13Monster in Law 23.11 million 82.89 3424 16White Noise 24.11 million 55.85 2279 7Mr and Mrs Smith 50.34 million 186.22 3451 21
Identify deficiencies in the sufficiency and appropriateness of the evidence gathered in the audit of accounts payable of Grande Stores.
Grande Stores is a large discount catalog department store chain. The company has recently expanded from 6 to 43 stores by borrowing from several large institutions and from a public offering of common stock. A recent investigation has disclosed that Grande materially overstated net . Theis was accomplished by understating accounts payable and recording fictitious supplier that further reduced accounts payable. An SEC investigation was critical of the evidence gathered by Grande’s audit firm, Montgomery & Ross, in testing accounts payable and the supplier credits.The following is a description of some of the fictitious supplier credits and unrecorded amounts in accounts payable, as well as the audit procedures.1. Neo: too much2. typing. I’m sure3. you have a copy4. of 1 thru 4.Required:Identify deficiencies in the sufficiency and appropriateness of the evidence gathered in the audit of accounts payable of Grande Stores.
How would it compare to marking up by a percent- age of the cost?
Karen is an acupuncturist with a busy practice. In addition to acupuncture services, Karen sells teas, herbal supplements, and rice-filled heating pads. Because Karens primary income is from acupuncture, she feels that she is providing the other items simply to fill a need and not as an important source of profits. As a matter of fact, the rice-filled heating pads are made by a patient who receives acupuncture for them instead of paying cash. The rice-filled pads cost Karen $5.00, $8.00, and $12.00, respectively, for small, medium, and large sizes. The ginger tea, relaxing tea, cold & flu tea, and detox tea cost her $2.59 per box plus $5.00 shipping and handling for 24 boxes. Karen uses a cost plus markup method, whereby she adds the same set amount to each box of tea. She figures that each box costs $2.59 plus $0.21 shipping and handling, which totals $2.80, then she adds $0.70 profit to each box and sells it for $3.50. Do you think this is a good pricing strategy? How would it compare to marking up by a percent- age of the cost?
Research and select a sample strategic plan in an industry with which you are familiar or interested.
In this course, you will be analyzing an existing strategic plan based on the information you have learned throughout the coursework in your MBA program. Research and select a sample strategic plan in an industry with which you are familiar or interested. Be sure it includes the various components of a typical strategic plan. Reference Figure 1.1 Identifying a Companys StrategyWhat to Look For in Ch. 1 of your text.Identify in 350 to 525 words what the plan does well, in addition to areas for improvement.
write at least two to four paragraphs explaining to this person that gravity is a real force in nature.
This assignment has two parts. Both parts will be completed in the same attached .Part 1: Imagine someone who believes gravity is not a real force in nature. Using the Unit VI Assignment template, write at least two to four paragraphs explaining to this person that gravity is a real force in nature. Note that you will be defending a very specific conclusion: Gravity is a real force of nature. Your assignment must address and demonstrate an understanding of the following concepts: scientific explanation, theory, and the scientific method (observation, experiment, and measurement).Part 2: After writing your paragraphs, fill out the premises in the attached template. The Unit VI Lesson may be helpful since it addresses Newtons theory of gravity.View the for an example of how your completed assignment should look. The first part of your completed assignment must be at least one page in length, and you must use at least one resource from the CSU Online Library to support your defense. This video will help you with research for your assignment.Adhere to APA Style when creating citations and references for this assignment. APA formatting, however, is not necessary. No more than 1520% of your assignment should include outside information. The idea is to use some evidence to help defend your argument.
Based on your understanding of Group Policy, determine possible Group Policy Objects that will make it easier to manage groups of computers.
Always Fresh is expanding. The company is adding another application server and several workstations. As the IT infrastructure grows, it becomes more difficult to manage the added computers and devices.Consider the Windows servers and workstations in each of the domains of a typical IT infrastructure. Based on your understanding of Group Policy, determine possible Group Policy Objects that will make it easier to manage groups of computers. Focus on common aspects of groups of computers, such as permissions for workstations or printers defined for use by groups of users.Recommend Group Policy Objects for the Always Fresh environment in a summary report to management. You must defend your choices with valid rationale.§ Internet access§ Course textbook§ Format: Microsoft Word (or compatible)§ Font: Times New Roman, size 12, double-space§ Citation Style: APA§ Length: 2 to 4 pages
compare and contrast Sartre’s philosophical approach with that of Socrates.
Please choose one of the 2 options from below to write and essay. an essay should be about 300 words or more is fine. Avoid using quotations from secondary sources in your paper as much as possible, everything should be described in your own words. If need be, you can quote short phrases but from primary texts only. So for example, you can quote a phrase from Descartes own writings (as quoted by Soccio) but not Soccio’s description of or commentary on Descartes.Question C: Write an essay in which you explain how Immanuel Kant responds to David Hume’s epistemological concerns (how he is influenced by him) while also moving definitively beyond Hume’s radical skepticism. In doing so, make sure to explain the “transcendental” structure of his metaphysical ideas. Lastly, state if you are more sympathetic to Hume or Kant (or neither) and explain why.Question D: Soccio discusses Jean-Paul Sartre as an example of a public philosopher. Begin by describing how Jean-Paul Sartre weaves together the concepts of freedom and responsibility (for Sartre these must always be thought together) and explain how these ideas shape his larger critique of modern society and/or his vision of philosophy as a way of life. Then, finally, compare and contrast Sartre’s philosophical approach with that of Socrates. Make sure to clear describe at least major commonality in their understandings of the role of philosophy as well as one major difference.
Discuss the economic, strategic and ideological factors that contributed to American interest in overseas expansion in the latter part of the nineteenth century, and how the U. S. achieved this expansion.
In the late nineteenth century, the United States showed a heightened interest in establishing an overseas empire. The example of European nations and Japan, which were seizing colonies in Asia and Africa, stimulated this expansionism. As a result, America’s territorial boundaries will extend beyond its borders, and its territory will include colonial possessions.In order to prepare you must complete the following readings:Write a well-organized essay, a minimum of 700 words (but not limited to), including supporting details from the documents/textbook/other sources, in which you analyze the assigned readings and address the following question:Discuss the economic, strategic and ideological factors that contributed to American interest in overseas expansion in the latter part of the nineteenth century, and how the U. S. achieved this expansion. As part of your analysis and discussion identify the arguments of both critics and supporters of imperialism, evaluating and explaining who had the stronger arguments.Point Value: 100Grading Criteria:Reminder: All written work must comply with standard English rules, such as proper capitalization, grammar, and spelling.
