FINANCE 4 QUESTIONS ASSIGNMENT

FINANCE 4 QUESTIONS ASSIGNMENT

Subject: Business / Finance
Question

Part |. Assume you purchase a home for $185,000 with a 30-year mortgage set at a fixed rate
of 8.25% and 0 points. Based upon this information, answer the following questions. 1. What would you pay monthly as a mortgage payment? 2. How much interest and principal will be paid on the first month’s
payment? The second month’s payment? 3. What is the total amount of interest you will pay over the life of the loan
under this 30-year mortgage at an 8.25% interest rate? 4. If you paid down your interest rate to 7.75% (by paying 2 points)
a. What would be your monthly mortgage payment? b. How much interest and principal will be paid on the first month’s
payment? The second month’s payment? 5. What is the total amount of interest you will pay over the life of the loan
under this 30-year mortgage at a 7.75% interest rate?

Partll. Assume you purchase a home for $185,000 with a 15-year mortgage set at a fixed rate
of 7.75% and 0 points. Based upon this information, answer the following questions. 1. 2. What would you pay monthly as a mortgage payment? How much interest and principal will be paid on the first month’s payment?
The second month’s payment? What is the total amount of interest you will pay over the life of the loan under
this 15-year mortgage at a 7.75% interest rate? If you paid down your interest rate to 7.25% (by paying 2 points)
0. What would be your monthly mortgage payment? d. How much interest and principal will be paid on the first month’s
payment? The second month’s payment? What is the total amount of interest you will pay over the life of the loan
under this 15-year mortgage at a 7.25% interest rate?

Part “I. You wish to purchase a home for $170,000. You plan to put down 10% of the purchase
price, and the bank has offered you a 30 year loan at APR of 7.75%. If you will be
making monthly payments, answer the following questions. (Show all work. Circle your
answers.) [5 pts.] 1. What will be your monthly payment?
2. What is the amount of principle and interest paid on the 25th
payment? 3. How much interest will you pay over the life of the loan? 4. How much is owed at the end of year 20 (Le, at the end of 240
payments)? 5. How much interest will be paid in year 20 (Le, over payments 229
to 240)?

Part IV. Assume the following items regarding your purchase of a home: . You have saved up $20,000 toward the purchase of your home.
0 Your salary is $36,000 per year. c The bank will lend you up to a total amount where your monthly home loan
payment will equal 28% of your monthly salary. . The bank is offering you a 30 year loan (360 payments) with an APR of 6%.
. Closing costs are expected to be 4% of the total loan amount. In light of the above factors, answer the following questions: 1. What is the maximum amount the bank will lend you?
2. If you borrow this entire amount, how much house can you buy? (Remember, closing costs are expected to be 4% of the value of
the home and that you have saved $20,000 toward your home
purchase.)

Calculate the standard deviation of the following scores

Calculate the standard deviation of the following scores

Subject: Mathematics / Statistics
Question
Images are included on the document that will help with the questions. Please help me out. Thank you

1 Calculate the standard deviation of the following scores using the formula and steps found in Keyton’s online appendix. Make sure that your answer goes out to two decimal places even if it is a round number. The scores for the variable X are below.

9

6

5

7

2

9

7

9

7

3

2) Provide the z-score for the following data. The formula is (score-mean)/sd, and is in your notes.

Mean = 52

Standard deviation = 35

Raw score = 72

Your answer should be rounded to 2 decimal places.

3) For the following data, compute the percentage of cases that lie below or to the left of the z-score that is obtained when X = 50, sd = 10, and mean = 40

Your answer must be in decimal form

4) For the following data, compute the percentage of cases that lie between X = 100 and

Y= 300, with mean = 200 and sd = 100.

5) Imagine an election with just two candidates. Candidate A asks her consultant to conduct a poll to see if she (Candidate A) is leading. What is the “null hypothesis” value that is being “tested” in this example?

Your answer must be expressed as a decimal out to 2 places

6) What is the level of measurement for the political poll in question 1?

a)Ratio

b)nominal

c)interval

d) ordinal

7) Candidate A’s pollster conducted a survey in which 480 out of 740 respondents indicated they would probably vote for Candidate A. Compute the confidence interval for the population.

8) Imagine a researcher is interested in frequency of self-disclosure and measures self-disclosure from a sample of undergraduate were asked to get to know one another. Researchers recorded the conversations and counted the number of self-disclosures. What level of measurement is self-disclosure in this example?

A) ordinal

B) interval

c) nominal

d) ratio

9) The “study” from the previous question produced the following data: N = 120, mean = 7.5 and standard deviation = 3.20. From these data, compute the confidence interval for the mean.

10) For the following data, compute the percentage of cases that lie above or to the right of the z-score that is obtained when X = 5, sd = 2, and mean = 6.

Your answer must be in decimal form

 

FN 3010-Boeing has stated the 787 will be 15% to 20%

FN 3010-Boeing has stated the 787 will be 15% to 20%

Subject: Business / Management
Question
Read the profile of Boeing and the company’s 787 Dreamliner found in your textbook. This profile serves as an excellent example of how a company used an infrastructure change to improve its supply chain.

Boeing has stated the 787 will be 15% to 20% more efficient and burn 17% less fuel than the 767 due to the innovative use of new technology. Perhaps the most challenging of these advances is the extensive use of lightweight composite materials that make up much of the wing and fuselage structures. While composites have been widely used in aviation since the 1980s, the 787 is the first commercial airliner to use the materials for the majority of its construction. The reduced weight of its structure coupled with aerodynamic improvements to reduce drag are said to account for about a third of the Dreamliner’s fuel savings. Another third comes from improvements in engine technology while the remainder is due to advanced systems like its electrical architecture that doesn’t require bleed air from the engines.

The program was officially launched in 2004 under the name 7E7, the “E” representing efficient, when All Nippon Airways of Japan placed an order for 50 of the airliners. The name was later changed to the more conventional 787 in 2005, and the type has since attracted orders faster than any other airliner in Boeing’s history.

Unfortunately, its revolutionary technologies have come at the cost of significant development and production problems. The largest delays have resulted from Boeing’s decision to make greater use of subcontractors in assembling the 787. Rather than building the entire aircraft at its factory near Seattle, Boeing chose to have complete subsystems built around the world and transported to Washington for final assembly. Major suppliers are located in Italy, Japan, Australia, Canada, as well as sites across the United States. Many of these subcontractors have had difficulties performing more complex subassembly tasks within Boeing’s aggressive schedule. Part shortages, labor strikes, flight control software issues, and redesign efforts prompted by excess weight have also contributed to delays that have extended development by at least two years. Thanks to these problems, Boeing has been forced to pay compensation to many of its customers as well as offer steep discounts on replacement aircraft until the 787 is ready for service.

In making this improvement, which of the five ways of implementing an infrastructure change, identified in section 10.6 of your text, did Boeing employ? Research a company that has used the second main approach (i.e., a structural change) which is commonly employed by organizations to improve their supply chains. Write a brief profile of the company you’ve selected following the pattern of the Boeing profile you’ve just examined. The profile should be one to two pages in length.

 

Media Review – Apply psychological theory

Media Review – Apply psychological theory

Subject: Psychology / General Psychology
Question

Media Review

Instructions

This assignment provides an opportunity to apply psychological theory in the exploration of a book or film. Students choose a film or book of special

interest. The book or film should have content that can be meaningfully explored through application of psychological theory and research. Students can look at some of the later chapters in the text that deal with emotion, motivation, personality, the development of the individual over the life span, health and stress, and psychological disorders and treatment, so that they have a more complete idea of different concepts that might apply.

Students might pick a movie or book in which the main character suffers from a psychological disorder or is merely trying to cope with the everyday stress of life. Students might discuss defense mechanisms or refer to developmental stages in the person’s life that might have been important, or consider the effects of abuse, alcoholism and addiction, etc. Students can approach the subject matter from different perspectivesâpsychoanalytical, biological, behavioral, cognitive, and/or sociocultural. They can discuss the role emotion, memory, or motivation plays in the character’s development, or the importance of the environment, and influences such as racism and sexism.

Note that this is a research-based paper, and the film or book provides only the backdrop for research on a psychological topic. Students should use at least one psychological, peer-reviewed reference in addition to the textbook.

***The paper should be 1,200 to 1,500 words, about 5 double-spaced pages.

Grading Rubric for Media Review Paper

Rubric for Media Review Paper

CONTENT

1. All topics were discussed in clear detail

2. Assertions supported correctly

3. Ideas were interrelated coherently and logically

4. Author creatively enhances the topic

ORGANIZATION

5. An introduction previews main points of reflection

6. Body of paper develops and elaborates main ideas

7. A conclusion summarizes main points

WRITING MECHANICS and STYLE

8. Paper free of mechanical errors (e.g., misspellings, typos, etc.)

9. Paper grammatically sound (proper sentence structure)

10. Citations and references in proper APA style

Points to be awarded:

Behaviors demonstrated:

5

paper contains no errors in this area

4

paper contains limited errors in this area; however, the overall

presentation of the material is readable and appropriate

3

paper contains limited errors in this area; however, the overall presentation of the material is difficult to read

2

paper contains a number of errors in this area; however, the

overall presentation is acceptable

1

paper contains a number of errors in this area, and the overall

presentation is difficult to read

0

paper contains numerous errors in this area, which detracts from the overall presentation

Assignment 1: Marketing Plan Part F: Final Marketing Plan

Assignment 1: Marketing Plan Part F: Final Marketing Plan

Subject: Business / Marketing
Question
Assignment 1: Marketing Plan Part F: Final Marketing Plan

Due Week 10 and worth 200 points
Assignment 1 is comprised of all of the marketing plan sections. Add any recommendations and updates based on faculty feedback and / or additional research.

Transfer related information from Journal entries 1 through 5 to the Marketing Plan Template. In this assignment you must do the following:

cover each section in the marketing plan in detail
update your marketing plan to reflect recommendations made by faculty, and newly researched information
complete all of the sections in the marketing plan template
Complete the your marketing plan in the Marketing Plan Template, located in Week 1 of the course shell, and include the following:

Provide a detailed description of your company in the form of an executive summary. The description should include, at a minimum, the product’s name, trademark, color, shape, packaging, labeling, and any characteristics that you deem relevant.
Describe the company’s target market in terms of its size, competitors, and the specific needs and wants of potential customers that your product or service is likely to satisfy.
Describe both the company’s Unique Selling Position (USP) and its marketing objectives.
Analyze the pricing strategy relative to the company’s pricing objective, and internal and external factors that could affect the pricing of the company’s products or services.
Determine the distribution strategy in terms of your target market, location, and selection of distribution channels.
Outline the promotional strategy in relation to marketing objectives, advertising program, and public relations activity.
Recommend three to four (3-4) action steps that you could take in order to move your plan forward.
Use at least two (2) quality references. Note: Wikipedia and other Websites do not qualify as academic resources.
Your assignment must follow these formatting requirements:

Be typed, double-spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
The specific course learning outcomes associated with this assignment are:

Identify the key concepts of marketing and its function in society.
Explain the fundamentals of marketing including product, price, distribution, and promotion in a global environment.
Understand customer relationship management.
Determine the marketing planning process, market segmentation, and the development of the key elements of a marketing strategy.
Determine the elements of marketing research.
Determine the factors affecting the behavior of consumers and commercial / organizational buyers.
Understand the key elements of business marketing including product, price, distribution, and promotion.
Understand the major elements in product strategy for both goods and services, including the concept of the product life cycle, product mix, and the product development process.
Use technology and information resources to research issues in marketing.
Write clearly and concisely about marketing using proper writing mechanics.

 

SP16 – Jurisdictions of a Federal Court in United States

SP16 – Jurisdictions of a Federal Court in United States

Subject: General Questions / General General Questions
Question
Directions:WRITE a 500-750-word responseon the types of jurisdiction a federal court in the United States has on cases involving International companies. VIEW the caseAsaahi Metal on page 63 of the textbook in addition to researching and citing at least two scholarly journals on this topic. MAKE SURE to include citations and a reference page.

The case is below

Asahi Metal Industry, Co. v. Superior Court of California, Solano County

BACKGROUND AND FACTS

Asahi Metal Industry, a Japanese corporation, manu- factured valve assemblies in Japan and sold them to tire manufacturers including Cheng Shin (a Taiwanese corporation) from 1978–1982. Cheng Shin sold tires all over the world, including in California. On September 23, 1978, in Solano County, California, Gary Zurcher was injured riding his motorcycle. His wife was killed. He filed a products liability action against Cheng Shin, the manufacturer of his motorcycle’s tires, alleging that the tires were defective. Cheng Shin filed a cross- complaint seeking indemnification from Asahi. Cheng Shin settled with Zurcher. However, Cheng Shin pressed its action against Asahi. The California Su- preme Court held that California state courts possessed personal jurisdiction over Asahi, and Asahi sought review by the U.S. Supreme Court. The case presented the question of whether a dispute between a Taiwanese company and a Japanese company with the above- described relationship to California should be heard by the California courts. In other words, did the California courts have personal jurisdiction over Asahi?

JUSTICE O’CONNOR

The placement of a product into the stream of commerce, without more, is not an act of the defendant purposefully directed toward the forum State. Addi- tional conduct of the defendant may indicate an intent or purpose to serve the market in the forum State, for example, designing the product for the market in the forum State, advertising in the forum State, establish- ing channels for providing regular advice to customers in the forum State, or marketing the product through a distributor who has agreed to serve as the sales agent in the forum State. But a defendant’s awareness that the stream of commerce may or will sweep the productinto the forum State does not convert the mere act of placing the product into the stream into an act purposefully directed toward the forum State.

Assuming, arguendo, that respondents have estab- lished Asahi’s awareness that some of the valves sold to Cheng Shin would be incorporated into tire tubes sold in California, respondents have not demonstrated any action by Asahi to purposefully avail itself of the California market. It has no office, agents, employees, or property in California. It does not advertise or otherwise solicit business in California. It did not create, control, or employ the distribution system that brought its valves to California. There is no evidence that Asahi designed its product in anticipa- tion of sales in California. On the basis of these facts, the exertion of personal jurisdiction over Asahi by the Superior Court of California exceeds the limits of due process.

The strictures of the Due Process Clause forbid a state court from exercising personal jurisdiction over Asahi under circumstances that would offend “tradi- tional notions of fair play and substantial justice.” International Shoe Co. v. Washington, 326 U.S. 310, 316 (1945), quoting Milliken v. Meyer, 311 457, 463 (1940).

We have previously explained that the determina- tion of the reasonableness of the exercise of jurisdic- tion in each case will depend on an evaluation of several factors …

Certainly the burden on the defendant in this case is severe. Asahi has been commanded by the Supreme Court of California not only to traverse the distance between Asahi’s headquarters in Japan and the Super- ior Court of California in and for the County of Solano, but also to submit its dispute with Cheng Shin to a foreign nation’s judicial system. The unique burdens placed upon one who must defend oneself in a foreign legal system should have significant weight in asses- sing the reasonableness of stretching the long arm of personal jurisdiction over national borders. When minimum contacts have been established, often the interests of the plaintiff and the forum in the exercise of jurisdiction will justify even the serious burdens placed on the alien defendant. In the present case, however, the interests of the plaintiff and the forum in California’s assertion of jurisdiction over Asahi are slight. All that remains is a claim for indemnification asserted by Cheng Shin, a Taiwanese corporation, against Asahi. The transaction on which the indemnification claim is based took place in Taiwan; Asahi’s components were shipped from Japan to Taiwan. Cheng Shin has not demonstrated that it is more convenient for it to litigate its indemnifi- cation claim against Asahi in California rather than in Taiwan or Japan.

Because the plaintiff is not a California resident, California’s legitimate interests in the dispute have considerably diminished. The Supreme Court of Califor- nia argued that the State had an interest in “protecting its consumers by ensuring that foreign manufacturers comply with the state’s safety standards.”…The State Supreme Court’s definition of California’s interest, how- ever, was overly broad. The dispute between Cheng Shin and Asahi is primarily about indemnification rather than safety. Moreover, it is not at all clear at this point that California law should govern the question whether a Japanese corporation should indemnify a Taiwanese corporation on the basis of a sale made in Taiwan and a shipment of goods from Japan to Taiwan.

Considering the international context, the heavy burden on the alien defendant, and the slight interests of the plaintiff and the forum State, the exercise of personal jurisdiction by a California court over Asahi in this instance would be unreasonable and unfair.

Because the facts of this case do not establish minimum contacts such that the exercise of personal jurisdiction is consistent with fair play and substantial justice, the judgment of Supreme Court of California is reversed, and the case is remanded for further proceedings not inconsistent with this opinion. It is so ordered.

Decision. The U.S. Supreme Court reversed the Ca- lifornia Supreme Court and found that there was no jurisdiction. This Supreme Court case is significant be- cause it lists several factors that will be taken into ac- count in determining whether a court has personal jurisdiction.

 

Nur504 week 4 discussion (dq1+dq2) latest 2017

Nur504 week 4 discussion (dq1+dq2) latest 2017

Subject: General Questions / General General Questions
Question
Week 4 discussion

DQ1

Read the section Questionnaires Versus Interviews in the textbook. How are these guidelines similar and different from data collected by nurses when giving care? What principles did you identify that are new to you but could be important in improving your collection of clinical data?

DQ2

You are interested in nurses’ attitudes toward EBP. Which method do you think would work best to obtain this information: a questionnaire, a face-to-face interview, or a group interview? Defend your answer.

ETHC445 Week 6 Discussion 1 & 2 Latest 2017 March

ETHC445 Week 6 Discussion 1 & 2 Latest 2017 March

Subject: General Questions / General General Questions
Question
dq 1
Applying Rand’s Objectivism (graded)

Ayn Rand’s Objectivist philosophy has been touted by her detractors as the philosophy of self-interested selfishness.

Her four epistemological principles are:
1. Metaphysics: Objective reality of the world and the objects in it.
2. Epistemology: Reason as the one and only key to understanding.
3. Ethics: Self-interest in what behavior is but also what it should be.
4. Politics: Capitalism through the performance of deeds by individuals who are self-interested.

In the early 1960’s, a student asked a spokesman for Objectivism what would happen to the poor in an Objectivist’s free society.
The spokesman answered, “If you want to help them, you will not be stopped.”

If one reads Rand’s works, Atlas Shrugged, or The Fountainhead, one will conclude that this would be the answer Ayn would have given to that student as well.

What do you conclude from the answer given by the Objectivist spokesperson?
Is Objectivism, like Moral Relativism, the opposite of ethics?
And what clue in what she taught leads to your conclusion?

dq 2

Working Conflict Resolution Methods (graded)
Different ways to analyze ethical behaviors and dilemmas exist, and many of them will help direct you to the correct or “best” solution to a problem.

As we discussed in week 1 in the “tough choices” .pdf, sometimes right vs. right or wrong vs. wrong decisions have to be made.

In the lecture this week, you are given three ethical dilemma resolution models to try out on a dilemma provided there. Please review that interactive before posting to the threads this week, and let’s bring your questions and comments about the “proposed” solutions here to the threads. We will talk about that through mid-week, and then I will post a new dilemma here where we will, as a group, begin analyzing it using the different methods.

You will need to be able to use these three models (Blanchard and Peale, Laura Nash and Front page of the Newspaper) on the final exam … so let’s be sure to practice all three of them together this week.

So, to start this off, let’s address the dilemma in the Week 6 Lecture interactive (in the middle of the page). You MUST read the lecture and run the interactive in order to participate in the threads this week!
Review the sample solution to the Laura Nash method.

Do you agree with that analysis? If so, what parts do you think really helped you work through the dilemma? If not, which parts do you not agree with?
Review the sample solution to the Front Page of the Newspaper method.

Do you think this is one of those types of dilemmas for which this model works? If not, why not? If so, why? How did using this method help you work through the dilemma?
Review the sample solution to the Blanchard and Peale method.

Do you agree with the analysis? If not, why not? If so, in what way did this help you analyze this dilemma?

Pick ONE of the above 3 questions and let’s get started. Or, respond to another student with details about why you agree or disagree with their analysis. Feel free to kindly debate with each other. Do not take things personally if someone disagrees. Be sure to show that you have viewed the lecture and interactive and that you attempted an analysis for “high quality” posts this week. After Wednesday, I will bring in another scenario and we can analyze that one together as a class.

Deferred Taxes-Carastro Company had the following tax items in 2015 and 2016

Deferred Taxes-Carastro Company had the following tax items in 2015 and 2016

Subject: Business / Accounting
Question
Deferred Taxes

Carastro Company had the following tax items in 2015 and 2016, its first two years of operations. The enacted income tax rate is 30 percent for 2015, 34 percent for 2016, 32 percent for 2017 and 26 percent for 2018 and each year thereafter. It is âmore likely than notâ that the company will benefit from all future-deductible amounts.

2015 â Pretax financial income is $123,000.

· Depreciation for accounting purposes was based on the straight-line method with no residual value, and MACRS was used for income tax purposes. The equipment has an original cost of $120,000 and an estimated five-year life. MACRS was calculated as follows for each year of the equipmentâs four-year tax life: $60,000, $22,000, $20,000, $18,000. (Hint: The straight-line depreciation period will be longer than the MACRS depreciation period).

· Carastro accrued interest revenue on municipal bonds totaling $3,800. Interest will be received during 2016.

2016 â Pretax financial income is $160,000.

· Depreciation differences from 2015 reverse as expected

· Bond interest was received as expected.

· Carastro sold $120,000 of concert tickets; half of the performances took place during 2016 and the other half during 2017.

· Carastro purchased shares of Dolan Company common stock for $46,000 and accounted for it under the cost method.

· Carastro received cash dividends totaling $5,000 from its investment in Posner Company; these qualify as 80 percent domestic dividends.

· A late tax payment was made for payroll and Carastro was assessed a $1,000 penalty and $500 in interest as a result of the late payment.

Required:

1. Calculate taxable income for 2016.

2. How much is income tax expense for 2016?

Bond Problem

On April 1, 2016, Becker Company issued 8 percent bonds with a face value of $800,000. The bonds were issued at a price to yield at 10 percent return. The bonds pay semiannual interest on April 1 and October 1. The bonds are dated April 1, 2016, and are due in five years. At the time of issuance, Becker paid $4,000 for legal costs and brokerage expenses associated with the bond issuance. The company uses the straight-line method of amortization for issue costs and the effective interest method of amortization for bond premium or discount and records amortization on each of the semiannual interest payment dates. Becker Companyâs year ends December 31. On June 1, 2017, Becker retired $200,000 of bonds at 103 plus accrued interest.

Required:

1. Record all entries necessary on April 1, 2016, related to the bonds.

2. Record all entries necessary on October 1, 2016, related to the bonds.

3. Record all necessary adjusting entries on December 31, 2016.

4. Determine the amount of gain or loss on the bonds redeemed on June 1, 2017.

5. Record the entries necessary for the bond redemption.

 

Economists typically assume human wants

Economists typically assume human wants

Subject: Economics / General Economics
Question
Economists typically assume human wants and needs limitless. Do you think this assumption is realistic?

A) Yes

B) No

C) Not sure

Think about the last good you purchased that cost more than $500 (eg, bike, car, laptop, phone). Now recall how much you paid for it and call that amount $X. Would you have still purchased that particular good if that its price had been

A) $X +$10? B) $X +$25? C) $X +$50? D) $X +$100? E) $X +$200?

Pick the highest answer that applies.

Clicker Question 1â3

The City of Vancouver is considering a project that would change traffic flows in some parts of the city. The project would REDUCE your round-trip commute time to UBC by an average of 30 minutes per day. What is the LARGEST annual payment you would be willing to make to ensure the project is implemented?

A) $0

B) more than $0 but less than $40

C) more than $40 but less than $100 D) more than $100 but less than $200 E) more than $200

Russell spends an hour studying instead of playing tennis. What is the opportunity cost to him of studying?

. A) the improvement in his grades from studying for the hour

. B) the difference between the improvement in his grades from

studying minus the enjoyment of playing tennis

. C) the enjoyment and exercise he would have received had he played tennis

. D) zero, since Russell chose to study rather than to play tennis, the value of studying must have been greater than the value of playing tennis

You are walking down a path which splits into three: a red path, a blue path, and a green path. At the end of the red path is $100 cash, at the end of the blue path is $60 cash, and at the end of the green path is $20. You are free to take the cash at the end of whatever path you choose. If you canât go down more than one path, what is the opportunity cost of choosing the BLUE path?

A) $100 B) $60 C) $40 D) $20 E) $0

You are walking down a path which splits into three: a red path, a blue path, and a green path. At the end of the red path is $100 cash, at the end of the blue path is $60 cash, and at the end of the green path is $20. You are free to take the cash at the end of whatever path you choose. If you canât go down more than one path, what is the opportunity cost of choosing the GREEN path?

A) $100 B) $60 C) $40 D) $20 E) $0

You are walking down a path which splits into three: a red path, a blue path, and a green path. At the end of the red path is $100 cash, at the end of the blue path is $60 cash, and at the end of the green path is $20. You are free to take the cash at the end of whatever path you choose. If you canât go down more than one path, what is the opportunity cost of choosing the RED path?

A) $100 B) $60 C) $40 D) $20 E) $0

Ford Motor Inc. has an inventory of sheet steel that it purchased 6 months ago for $1 million. It is planning to use the sheet steel to manufacture cars. As an alternative, Ford could resell the steel to other firms. The price of sheet steel has risen over the last 6 months, so Ford could resell the steel for $1.2 million. The opportunity cost of using the steel to manufacture cars is

A) $0

B) $200,000 C) $1,000,000 D) $1,200,000

Imagine you win a free ticket to see an Adele concert. You are the only person that can use the ticket, so it has no resale value. You would be willing to pay as much as $200 to see Adele. Hedley is performing on the same night. Seeing Hedley is your next best alternative to seeing Adele. Tickets to see Hedley cost $80. On any given day, you would be willing to pay as much as $150 to see Hedley. Assume there are no other costs of seeing either performer. Based on this information, what is your opportunity cost of seeing Adele?

A) $0 B) $70 C) $80 D) $150 E) $200

Imagine you win a free ticket to see an Adele concert, which you could sell for $150. You would be willing to pay as much as $200 to see Adele. Hedley is performing on the same night. Seeing Hedley is your next best alternative to seeing Adele. Tickets to see Hedley cost $80. On any given day, you would be willing to pay as much as $150 to see Hedley. Assume there are no other costs of seeing either performer. Based on this information, should you see Adele or Hedley?

A) You should see Adele

B) You should see Hedley

C) You should be indifferent between see Adele and seeing Hedley

You grow tomatoes and sell them

at the local farmersâ market for

$1.20 per kg. By adding compost

to your garden, you can increase

your yield of tomatoes as shown in 2 29.0 the table. If compost costs 3 31.0

$0.80 per kg, how many kgs of compost should you add?

A) 1 kg of compost B) 2 kg of compost C) 3 kg of compost D) 4 kg of compost E) 5 kg of compost

. 4 32.0

. 5 32.5

Compost Tomatoes (kg) (kg)

. 0 20.0

. 1 25.0

President Obama recently introduced regulations requiring auto-makers to double the average fuel efficiency of the cars and trucks they produce by 2025. If the total number of cars and trucks remains constant, these regulations

. A) will reduce the total amount of fuel used by cars and trucks

. B) will increase the total amount of fuel used by cars and

trucks

. C) may increase or decrease the total amount of fuel used by cars and trucks