1.a) Calculate the following elasticity coefficient.Interpre.docx

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1. a) Calculate the following elasticity coefficient. Interpret the coefficient fully. Next, graph this price and quantity combination using your own demand curve and using the appropriate technique find the elasticity segments and the marginal revenue. P Q D $90 9000 $110 7000 b) Assume constant total costs . Recommend a price change to maximize profits. Explain using the elasticity concept. 2. Using a graph, fully explain the importance of the market equilibrium by using the consumer and producer surpluses. i. 3.. Using a graph, show and explain the impact of a tax on a commodity and identify the impacts on consumers, producers, government, and society. 4.. Using graphs and the areas approach show and explain the winners and losers for imposing a tariff on a product. Include consumers, producers and society. Using this analysis explain why we, as a society, tend to impose tariffs on products. 5. Draw the average total cost, average variable cost, and marginal cost curves in one diagram and explain the following: point of diminishing returns, maximum efficiency point of the variable input, and the maximum efficiency point of all inputs both fixed and variable. .

1.
a) Calculate the following elasticity coefficient.
Interpret the coefficient fully.
Next,
graph this price and quantity combination using
your own demand curve
and using the
appropriate technique
find
the elasticity segments
and the marginal revenue.
P
Q
D
$90
9000
$110
7000
b)
Assume constant
total costs
. Recommend a price change to maximize profits.
Explain using the elasticity concept.

2.
Using a graph, fully explain the importance of the market
equilibrium by using
the consumer and producer surpluses.
i.
3..
Using a graph, show and explain the impact of a tax on a
commodity and
identify the impacts on consumers, producers, government, and
society.
4..
Using graphs and the areas approach show
and explain
the winners and losers for imposing a tariff on a product.
Include consumers, producers and society.
Using this analysis explain why we, as a society, tend to impose
tariffs on products.
5.
Draw the average total cost, average variable cost, and marginal
cost curves in one diagram and explain the following:
point of diminishing returns, maximum efficiency point of the
variable input, and the maximum efficiency point of all inputs

both fixed and variable.

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ECO 303 1 of 3 Stony Brook University Fall 2016 Alejandro Melo Ponce ASSIGNMENT: MIDTERM I PREPARATION Due: Optional, but you should use it to prepare for the midterm. Instructions: This is an optional assignment whose purpose is to prepare you for the midterm. It consists of six problems. I strongly recommend that you attempt to prepare all questions. On Tuesday’s Midterm I will pick four questions at random from this assignment which you will need to answer. 1. Michele, who has a relatively high income I , has altruistic feelings toward Sofia, who lives in such poverty that she essentially has no income. Suppose Michele’s preferences are represented by the utility function UM .cM ; cS / D c 1�˛ M c ˛ S ; where cM and cS are Michele and Sofia’s consumption levels, appearing as goods in a standard Cobb-Douglas utility function. Assume that Michele can spend her income either on her own or Sofia’s consumption (though charitable donations) and that $1 buys a unit of consumption for either (thus, the “prices” of consumption are pM D pS D 1). (a) Argue that the exponent ˛ can be taken as a measure of the degree of Michele’s altruism by providing an interpretation of extreme values of ˛ D 0 and ˛ D 1. What value would make her a perfect altruist (regarding others the same as oneself)? (b) Solve for Michele’s optimal choices and demonstrate how they change with ˛. (c) Suppose that there is an income tax at rate �, i.e. net income now is just .1 � � /I: Solve for Michele’s optimal choices under the income tax rate. (d) Now suppose that besides the income tax rate �, there are charitable deductions, so that income spent on charitable deductions is not taxed. Argue that this amounts to changing the price pS from $1 to $.1 � � /. Solve for the optimal choices under both the income tax rate and charitable deductions. Does the charitable deduction have a bigger incentive effect on more or less altruistic people? 2. Suppose that a fast-food junkie derives utility from three goods—soft drinks .x/, hamburgers .y/, and ice cream sundaes .z/—according to the utility function U.x; y; z/ D x0:5y0:5.1 C z/0:5: Suppose also that the prices for these goods are given by px D 1; py D 4; and pz D 8 and that this consumer’s income is given by I D 8: (a) Show that, for z D 0, maximization of utility results in the same optimal choices as in the case of a Cobb-Douglas utility function U.x; y/ D x0:5y0:5. Show also th at any choice that results in z > 0 (even for a fractional z) reduces utility from this optimum. (b) How do you explain the fact that z D 0 is optimal here? (c) How high would this individual’s income have to be for any z to be purchased? 1 ECO 303 2 of 3 3. Consider the utility function u.x; y/ D .x C 2/.y C 3/; x � 0; y � 0 with the accompanying budget constraint: px x C py y � I; px ; py ; I > 0: (a) Fix a given utility level U > 0 and find an explicit expression for the indifference curve defined by the utility level U > 0. The ...

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1. A preliminary investigation is conducted by probation officers at or during: a. [removed] intake. b. [removed] investigation. c. [removed] supervision. d. [removed] release of offender. 2. The United States Supreme Court has ruled that only juveniles over the age of _____ can be executed for their crimes. a. [removed] 10 b. [removed] 12 c. [removed] 14 d. [removed] 17 3. What percent of juveniles currently are waived to adult court? a. [removed] 5 percent b. [removed] 15 percent c. [removed] 25 percent d. [removed] 36 percent 4. Judges must hold probable cause hearings when: a. [removed] prosecutors file to send a juvenile to adult court. b. [removed] cases come to the adult court by a mandatory judicial waiver. c. [removed] cases come to the adult court by a discretionary judicial waiver. d. [removed] all of the choices apply. 5. The probation official who has replaced the case worker is the: a. [removed] police officer. b. [removed] community resource manager. c. [removed] intake officer. d. [removed] referee. 6. Which is the correct order in which probation services are provided? a. [removed] Intake, investigation, supervision b. [removed] Supervision, intake, investigation c. [removed] Investigation, intake, supervision d. [removed] Arrest, intake, investigation, supervision, bail 7. In order for a state to have a valid death penalty, judges must consider: a. [removed] mitigating circumstances. b. [removed] statistical ambiguities in demographic trends. c. [removed] historical traditions of the court. d. [removed] future impact of the penalty on deterring crimes. 8. According to studies on restitution, which of the following are among the primary goals of restitution programs? a. [removed] Hold parents accountable for their children's offenses b. [removed] They set-up local programs to fully reimburse victims for their financial damages at their expense c. [removed] They hold juveniles accountable for their offenses d. [removed] All of the choices apply 9. The balanced approach in probation focuses on: a. [removed] arrest, conviction, and confinement. b. [removed] correction, rehabilitation, and aftercare. c. [removed] the community, the victim, and the offender. d. [removed] both arrest, conviction, and confinement and correction, rehabilitation, and aftercare. 10. Which of the following are (is/a) goal(s) of electronic monitoring programs? a. [removed] To reduce the number of field contacts required by home-confinement officers b. [removed] To provide for early unification with the juvenile's family c. [removed] To keep the juvenile out of school d. [removed] Both to reduce the number of field contacts required by home-confinement officers and to provide for early unification with the juvenile's family 11. Which of the following is the most widely used organization of probation in the United States? a. [removed] Local/judicial b. [removed] State/judic.

1.A preliminary investigation is conducted by probation officers a.docx

1.A preliminary investigation is conducted by probation officers a.docx

1.A preliminary investigation is conducted by probation officers a.docx

1.Analyze the value stream by using a flow diagram to map the value .docx

1.Analyze the value stream by using a flow diagram to map the value .docx

1.Analyze the value stream by using a flow diagram to map the value .docx

1. Aim: To develop a supply chain for a food industry. 2. Purpose of supply chain: to reach customers need 3. Supply chain principles: guide lines--- 7 principles 4. Strategy --- to supply right product at right time in intersectionist 5. Implementation procedure: Discuss relationship with: Supply chain and logistics Supply chain strategy Procurement and inventory management Business strategy 6. Discuss how supply chain management and logistics with examples. Note: APA style format 6 to 8 pages .

1.Aim To develop a supply chain for a food industry.2..docx

1.Aim To develop a supply chain for a food industry.2..docx

1.Aim To develop a supply chain for a food industry.2..docx

1.A developmental psychologist (e.g., Jean Piaget) who bases his conclusions on intensive study of one child or a few individuals is using the ______ method. 2.In a(n) ______, the scientist deliberately changes one variable and measures the change in some other variable. 3.Though Jesse spent most of his growing years in a succession of foster homes after enduring abuse and neglect, his disposition in cheerful and his relationships are healthy and fulfilling. According to developmentalists, he exhibits ______ (the ability to overcome or bounce from adversity) despite his early experiences. .

1.A developmental psychologist (e.g., Jean Piaget) who bases his con.docx

1.A developmental psychologist (e.g., Jean Piaget) who bases his con.docx

1.A developmental psychologist (e.g., Jean Piaget) who bases his con.docx

1.A music school in Boyles Height, LA, specializes in teaching the guitar and the violin. After a spurt in growth and a few successful years, the school is experiencing a slowdown in sales and stability in its profits due to an increase in competition. The school is in the ________ stage of its life cycle. • obsolescence • decline  • growth  maturity 2. Another basis for decision-making is referred to as ________. • ethical practices  • correct ethics  • ethical dilemmas situational ethics 3 What are the four characteristics of a marketing audit? • Comprehensive, systematic, independent, and periodic • Announced, semi-annually, dependent, and perpetual  • Dependent, non-comprehensive, quarterly, and unannounced  Simple, unique, randomly, and exclusive 4 With ________ as a target market strategy, the firm concentrates on serving many needs of a particular customer group. • market specialization • single-segment concentration  • product specialization  selective specialization 5 A social definition of marketing says ______. • marketing is the process of extracting maximum value from consumers to facilitate corporate growth • marketing is the process by which individuals and groups obtain what they need and want through creating, offering, and freely exchanging products and services of value with others  • effective marketing requires companies to remove intermediaries to achieve a closer connection with direct consumers  a company should focus exclusively on achieving high production efficiency, low costs, and mass distribution to facilitate the broadest possible access to the company’s products 6 Which of the following can induce a firm to expand into the international arena? • Cater to a domestic mass market  • A saturated domestic market  • High income level of domestic consumers  A saturated foreign market 7 Marketers must see themselves as benefit providers. For example, when a shopper purchases new shoes, he or she expects the shoes to cover his or her feet and allow him or her to walk unobstructed. This is an example of what level in the consumer-value hierarchy? • Augmented product  • Pure tangible product  • Basic product  Potential product 8 Through its cutting-edge point-of-sale inventory, management technology, and highly efficient shipping practices, Wal-Mart is able to keep its inventory expenditure extremely low and to pass these savings on to consumers in the form of low prices. Wal-Mart's strategy is best described as ________. • differentiation  • integrative growth • market development  overall cost leadership 9 _______ is an approach that considers different ethnic and cultural segments require targeted marketing campaigns and tactics. • Multicultural marketing  • Specialized marketing  • Ethnic-based marketing  Diversity marketing 10 BMW's "The ultimate driving machine," American Express' "Don't leave home with.

1.A music school in Boyles Height, LA, specializes in teaching the g.docx

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1. 0.55 /0.55 points | Previous Answers WaneAC5 5.4.001. My Notes | Question Part Points Submissions Used Sketch the graph of the given function. Check your sketch using technology. HINT [See Example 1.] f ( x ) = x 2 + 2 x + 1 (a) Indicate the x - and y -intercepts. (If an answer does not exist, enter DNE.) x -intercept ( x , y ) = y -intercept ( x , y ) = (b) Indicate any extrema. (If an answer does not exist, enter DNE.) ( x , y ) = (c) Indicate any points of inflection. (If an answer does not exist, enter DNE.) ( x , y ) = (d) Indicate the behavior near points where the function is not defined. y → + ∞ as x → 0 y → 0 as x → −1 y → + ∞ as x → −1 y → + ∞ as x → 1 (e) Indicate the behavior at infinity. y → − ∞ as x → ± ∞ y → − ∞ as x → − ∞ ; y → + ∞ as x → + ∞ y → + ∞ as x → − ∞ ; y → − ∞ as x → + ∞ y → −1 as x → ± ∞ y → + ∞ as x → ± ∞ (a) Indicate the x - and y -intercepts. (Order your answers from smallest to largest x . If an answer does not exist, enter DNE.) x -intercept ( x , y ) = x -intercept ( x , y ) = x -intercept ( x , y ) = y -intercept ( x , y ) = (b) Indicate any extrema. (Order your answers from smallest to largest x . If an answer does not exist, enter DNE.) ( x , y ) = ( x , y ) = ( x , y ) = ( x , y ) = (c) Indicate any points of inflection. (If an answer does not exist, enter DNE.) ( x , y ) = (d) Indicate the behavior near points where the function is not defined. y → + ∞ as x → 0 y → 0 as x → ± 6 y → + ∞ as x → ± 6 y → + ∞ as x → ± 3 (e) Indicate the behavior at infinity. y → + ∞ as x → ± ∞ y → − ∞ as x → − ∞ ; y → + ∞ as x → + ∞ y → − ∞ as x → ± ∞ y → + ∞ as x → − ∞ ; y → − ∞ as x → + ∞ (a) Indicate the x - and y -intercepts. (Order your answers from smallest to largest x . If an answer does not exist, enter DNE.) x -intercept ( x , y ) = x -intercept ( x , y ) = x -intercept ( x , y ) = y -intercept ( x , y ) = (b) Indicate any extrema. (Order your answers from smallest to largest x . If an answer does not exist, enter DNE.) ( x , y ) = ( x , y ) = (c) Indicate any points of inflection. (If an answer does not exist, enter DNE.) ( x , y ) = (d) Indicate the behavior near points where the function is not defined. y → + ∞ as x → 0 y → 0 as x → ± 3 y → + ∞ as x → ± 3 y → + ∞ as x → ± 1 (e) Indicate the behavior at infinity. y → + ∞ as x → ± ∞ y → − ∞ as x → − ∞ ; y → + ∞ as x → + ∞ y → − ∞ as x → ± ∞ y → + ∞ as x → − ∞ ; y → − ∞ as x → + ∞ (a) Indicate the x - and y -intercepts. (If an answer does not exist, enter DNE.) x -intercept ( x , y ) = y -intercept ( x , y ) = (b) Indicate any extrema. (Order your answers from smallest to largest x . If an an.

1.0.550.55 points Previous AnswersWaneAC5 5.4.001..docx

1.0.550.55 points Previous AnswersWaneAC5 5.4.001..docx

1.0.550.55 points Previous AnswersWaneAC5 5.4.001..docx

1. 1. Counting jails and prisons, approximately how many citizens are incarcerated? 2. 2. Which important scholar argued that criminals and their punishment are functional in society, help to define norms and expectations for conformity? 3. 3. Political liberals and _______________ encouraged reform of the prison system during the Enlightenment Period. 4. 4. Lex talionis embodies which of the following principles? 5. 5. The Penitentiary Act was based upon four core principles where prisoners were confined in solitary cells and labored silently in common rooms. They include 6. 6. How was the existing system of justice altered during the Enlightenment? 7. 7. The __________ was a penitentiary system developed in Pennsylvania in which each inmate was held in isolation from other inmates. 8. 8. During the Progressive Reform Era, two main strategies were implemented. They included improving conditions in social environments and ______________. 9. 9. The Military Commissions Act (MCA) __________ the ability of “unlawful enemy combatants” to file a writ of habeas corpus. 10. 10. Which court decision held the basic elements of procedural due process must be present when decisions are made concerning the disciplining of an inmate? 11. 11. Which case allowed inmates to sue state officials for brutality, inadequate medical care and nutrition, theft of personal property and the denial of basic rights: 12. 12. In Boumediene v. Bush, the Court ruled the detainees at Guantanamo Bay are entitled to: 13. 13. According to the Supreme Court, the term “totality of conditions” may be legally interpreted as: 14. 14. The right to be free from cruel and unusual punishment is found in which Amendment? 15. 15. Experts usually cite _________ as reasons wrongful convictions occur. 16. 16. Probationary sentences emphasize guidance and ______________ in the community. 17. 17. In the Booker decision, the justices said that sentencing guidelines are: 18. 18. Restorative justice sees crime as a violation against which of the following? 19. 19. Which of the following is an argument for a centralized probation authority? 20. 20. Which of the following was not an innovation initially developed by John Augustus? 21. 21. Between 1200 and 1827, English law: 22. 22. Recognizance was first used in court to recognize a formally recorded ___________to perform some act entered by a judge to permit an offender to live in the community. 23. 23. Judges may use a range of ________________ sanctions from those exerting a low level of control to those exerting a high level of control. 24. 24. The concept of community corrections is best understood as a goal. That goal clearly is to: 25. 25. The new movement that seeks to establish correctional programs falling between standard probation and prison is called: 26. 26. A major criticism of probation, as traditionally practiced, is that: 27. 27. Probation granted under conditions of strict reporting to a probation offic.

1.1. Counting jails and prisons, approximately how many citizens a.docx

1.1. Counting jails and prisons, approximately how many citizens a.docx

1.1. Counting jails and prisons, approximately how many citizens a.docx

1.20 (1 pts.) In the 70s, Dr. Richard Raskin underwent a radical surgery in which his assigned sex was changed. He is now known as a woman named Renee Richards. Prior to the surgery Dr. Raskin might have been diagnosed as having A) sexual aversion disorder. B) gender identity disorder. C) transvestic fetishism. D) male erectile disorder. # 1.21 (1 pts.) John gets nauseous when he thinks about having sexual intercourse and he actively avoids the sexual advances of others. John might be diagnosed as having A) male erectile disorder. B) sexual aversion disorder. C) dyspareunia. D) inhibited male orgasm disorder. # 1.22 (1 pts.) Joseph experiences such intense and recurrent genital pain during sexual intercourse that even the thought of having sex is unbearable. Joseph might have A) erectile disorder. B) vaginismus. C) dyspareunia. D) inhibited male orgasm. # 1.23 (1 pts.) Based on this information in the case report in the textbook, what assessment information might have led Dr. Tobin to conclude that Shaun Boyden was abused as a child? A) His Rorschach responses indicated a great deal of impulsivity. B) Shaun's verbal IQ was somewhat higher than his performance IQ. C) Shaun's score on one of the MMPI lie scales indicated his responses were guarded. D) His TAT stories contained themes of victimization. # 1.24 (1 pts.) Wayne has pedophilia. He tends to victimize boys but does not engage in physical violence or nonsexual aggression. Wayne would be categorized as a(n) ____ aggressor. A) physiological B) cognitive C) affective D) developmentally related # 1.25 (1 pts.) Several of the patients with mental retardation portrayed in the 1970s documentary "Willowbrook: The Last Great Disgrace" walk around the ward with no clothes on. Which of the following statements might best characterize this behavior? A) In addition to being diagnosed with mental retardation, they might be diagnosed with exhibitionism. B) In addition to being diagnosed with mental retardation, they might be diagnosed with voyeurism. C) These individuals would be dually diagnosed with mental retardation and hypoactive sexual desire disorder. D) Because their behavior is likely due to brain damage, their behavior would not be considered paraphilic. # 1.26 (1 pts.) When Jimmy was a child, he used to hide out in his closet, sit on the floor amid shoes, and masturbate. He now has a shoe fetish. The development of his disorder would be of no surprise to a A) psychoanalyst. B) humanist. C) behavioral theorist. D) psychiatrist. # 1.27 (1 pts.) Five-year-old Timmy has older sisters who dress him up occasionally and call him "Timbelina" since they really wanted a little sister instead of a little brother. If this pattern continues it is possible that Tim might develop A) sexual masochism. B) sexual sadism. C) pedophilia. D) transvestic fetishism. # 1.28 (1 pts.) Why is it difficult to determine whether or not indiv.

1.20(1 pts.) In the 70s, Dr. Richard Raskin underwent a radical su.docx

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1. A department store chain is designing a layout for a new store. The store manager wants to provide as much convenience as possible for her customers. Based on historical data, the number of trips between departments per hour is given in the following closeness matrix. A block plan showing a preliminary layout is also shown. Closeness Factors (Trips per hour) 1/O 2/S 3/H 4/T 5/A 6/E 1. Office Supplies (O) --- 40 100 50 20 10 2. Sporting Goods (S) --- 100 80 60 80 3. Hardware (H) --- 70 100 50 4. Toys (T) --- 70 90 5. Automotive (A) --- 60 6. Electronics (E) --- OFFICE SUPPLIES SPORTING GOODS 3. HARDWARE 4. TOYS 5. AUTOMOTIVE 1. ELECTRONICS Customer travel between departments is restricted to the aisles shown in the block plan as dotted lines. CALCULATIONS TABLE : Dept. Pair Closeness Factor ( w ) Original Distance ( d O ) w ´ d O Revision #1 Distance (d 1 ) w ´ d 1 1 – 2 1 – 3 1 – 4 1 – 5 1 – 6 2 – 3 2 – 4 2 – 5 2 – 6 3 – 4 3 – 5 3 – 6 4 – 5 4 – 6 5 – 6 TOTAL Complete the calculations and fill in the table above. Based on the table above answer the following questions. a) What is the total expected weighted-distance score between Office Supplies and Hardware? b) What is the total weighted-distance score between Hardware and Toys? c) What is the total weighted-distance score for the entire store? d) A suggestion has been made to switch Hardware and Automotive. What would the total weighted-distance score for the entire store if these two departments were switched? e) Based on your calculations, would you recommend that Hardware and Automotive be switched? .

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1.a) Calculate the following elasticity coefficient.Interpre.docx

1. 1. a) Calculate the following elasticity coefficient. Interpret the coefficient fully. Next, graph this price and quantity combination using your own demand curve and using the appropriate technique find the elasticity segments and the marginal revenue. P Q D $90 9000 $110 7000 b) Assume constant total costs . Recommend a price change to maximize profits. Explain using the elasticity concept.

2. 2. Using a graph, fully explain the importance of the market equilibrium by using the consumer and producer surpluses. i. 3.. Using a graph, show and explain the impact of a tax on a commodity and identify the impacts on consumers, producers, government, and society. 4.. Using graphs and the areas approach show and explain the winners and losers for imposing a tariff on a product. Include consumers, producers and society. Using this analysis explain why we, as a society, tend to impose tariffs on products. 5. Draw the average total cost, average variable cost, and marginal cost curves in one diagram and explain the following: point of diminishing returns, maximum efficiency point of the variable input, and the maximum efficiency point of all inputs

3. both fixed and variable.