1. (10 marks) You own a small business servicing the Sandy Bay area. Assume that your business is the only one offering the service you sell and so operate as a monopolist. You are considering spending on advertising to increase the demand for your service. Use the appropriate diagram(s) to investigate potential changes in profits, prices and quantity from a change in demand caused by the advertising campaign (7 marks). Using a diagram, characterise how much you would be willing to spend on advertising given a change in demand (3 marks).
3. Use the standard assumption of Harrod-neutral technology to answer the following. According tothe World Bank, measured in terms of purchasing power parity (PPP), the living standard in theU.S. is approximately 7x that of the Philippines. a. In the Solow model, determine how the Philippine savings rate would need to compare with the U.S. savings rate in order to explain this difference. Assume that A, g, n ( = g.), and 8 are the same for the U.S. and the Philippines, so that differences in savings rates account for the entire difference in the level of living standards. b. Solow assumes that technical change is a public good, so that A and g are equally accessible to all countries. Given your finding in (a) is this assumption plausible? Explain
Question 1 [20%] Consider the following normal form game G: X Y A B 4,-47, -7 8, -86, -6 a. [6% ] Is there a pure Nash equilibrium in G? Justify your answer. b. [14% ] Compute a mixed equilibrium using the indifference conditions of the players. Present both the equilibrium and the analysis clearly. No coding is required.
1) How did the English Planning system change during the early 20th Century to today to embrace the concept of "sustainable development"? Critically discuss implications of adopting "sustainable development" within current Housing Policy or Transport Policy, including examples of specific policies.
21. Equity as an Option Sunburn Sunscreen has a zero coupon bond issue outstanding with a $10,000 face value that malures in one year. The current market value of the firm's assets is $11,200. The standard deviation of the return on the firm's assets is 38 percent per year and the annual risk-free rate is 5 percent per year, compounded continuously. Based on the Black-Scholes model, what is the market value of the firm's equity and debt?
Analyze our team: How many salespeople are meeting their goal? Who are the top 4 performers? After we identify them, we can assign them as mentors to the rest of our salesforce. We have 28 total salespeople, so each mentor will get 7 people. List our top 10 most profitable stores? What are they selling? What is the income level in that area? That can help us predict what will sell in other areas. Where do most of our orders come from? (Look at our sales channels) Analyze our products: What are our top 5 bestsellers, in terms of profit? What are our top 5 bestsellers in terms of popularity? Analyze our market: Who are our top 5 customers, in terms of profit? What are these customers buying? Rank our regions in terms of profitability. What items are most popular in each region. Rank our states in terms of profitability. What items are most popular in each state? For each region: What products are bringing in the most money? What items are most popular? We want to keep these regions stocked with those products. For each state: What products are bringing in the most money? What items are most popular? We want to keep these regions stocked with those products. What about seasonal trends? Are some products more popular at certain times of the year than others?
1. Print all the First Names. 2. Print phone numbers for Tom and Frodo after their names 3. Print Peregrin's full name and phone number area code only. 4. Print all phone numbers (full number) in the 123 area code along with the names 5. Print all Last names beginning with either a T or D (careful of middle names!) 6. Print all first names containing four or less characters. 7. Print the first names and area codes of all those in the 916 area code. 8. Print Sacharissa's campaign contributions following her name. Each value should be printed with a leading dollar sign; e.g., $250 $100 $175.
