...This pack of ECO 204 Week 4 Quiz consists of: 1. Marginal damage cost is the additional harm done by increasing the level of an externality-producing activity by one unit. additional cost to society resulting from a privately owned firm producing one more unit of a product. amount a consumer pays to produce an additional unit of a good. additional cost to society resulting from a consumer consuming one more unit of a good. 2. Tax shifting ________ . is the way in which a tax is structured is the ultimate distribution of a tax's burden occurs when taxes cause prices to increase, but wages to fall occurs when taxed agents can alter their behavior and do something to avoid paying a tax 3. The official poverty line in the United States is set ________ . equal to one-half the average income in the United States at three times the cost of the Department of Agriculture's minimum food budget at three times the cost of the Department of Housing's minimum housing allowance at the amount necessary to allow an individual to buy the same market basket of goods that the average urban wage earner can afford 4. If the marginal tax rate equals the average tax rate, the tax would be proportional. regressive. progressive. uniform. 5. Air pollution generated by a steel mill is an example of a positive production externality. a negative production externality. a public good. the free-rider problem...
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...This pack of ECO 204 Week 4 Quiz consists of: 1. Marginal damage cost is the additional harm done by increasing the level of an externality-producing activity by one unit. additional cost to society resulting from a privately owned firm producing one more unit of a product. amount a consumer pays to produce an additional unit of a good. additional cost to society resulting from a consumer consuming one more unit of a good. 2. Tax shifting ________ . is the way in which a tax is structured is the ultimate distribution of a tax's burden occurs when taxes cause prices to increase, but wages to fall occurs when taxed agents can alter their behavior and do something to avoid paying a tax 3. The official poverty line in the United States is set ________ . equal to one-half the average income in the United States at three times the cost of the Department of Agriculture's minimum food budget at three times the cost of the Department of Housing's minimum housing allowance at the amount necessary to allow an individual to buy the same market basket of goods that the average urban wage earner can afford 4. If the marginal tax rate equals the average tax rate, the tax would be proportional. regressive. progressive. uniform. 5. Air pollution generated by a steel mill is an example of a positive production externality. a negative production externality. a public good. the free-rider problem...
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...ASHFORD ECO 204 Entire Course For more course tutorials visit www.tutorialrank.com ECO 204 Week 1 DQ 1 Circular Flow Diagram ECO 204 Week 1 DQ 2 Supply and Demand ECO 204 Week 2 DQ 1 Elasticity ECO 204 Week 2 DQ 2 Externalities ECO 204 Week 2 Raise or Lower Tuition ECO 204 Week 3 DQ 1 Short and Long Run ECO 204 Week 3 DQ 2 Fixed and Variable Costs ECO 204 Week 4 DQ 1 Market Structures ECO 204 Week 4 DQ 2 Barriers to Entry ECO 204 Week 5 DQ 1 Transfers ECO 204 Week 5 DQ 2 Tariffs and Quotas ECO 204 Week 5 Final Paper ------------------------------------------------------------------------------------------ ASHFORD ECO 204 Week 3 Assignment Manufacturing Industry Evaluation For more course tutorials visit www.tutorialrank.com Manufacturing Industry Evaluation. Economists sometimes use concentration ratios to evaluate whether industries are oligopolies. In this assignment, you will make your own determination using the most recent data available. You will also discuss the merits and disadvantages of oligopolies in light of your research. Go to the Concentration Ratios in Manufacturing page at the website of the U.S. Census Bureau, click on the PDF of the most recent Economic Census for Manufacturing (NAICS 31-33), and answer the following questions in a two to three page paper formatted according to APA style. 2. Find the four-firm concentration ratios for the following industries: fluid milk (311511), women's and girl’s cut & sew dresses (315233)...
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...In this paperwork of ECO 204 Week 1 Quiz you will find the answers on the next questions: 1. For perfectly price inelastic supply supply determines price solely. demand determines price solely. only a government can set the price. either supply or demand may set the price. 2. For Matthew, the marginal utility of the 9th soda in a day is positive and the marginal utility of the 10th soda in a day is zero. This implies that Matthew's demand curve for sodas per day will become upward sloping at 10 sodas per day. is impossible because each additional unit of consumption of any good must provide positive marginal utility. implies that at a zero price Matthew's demand curve will intersect the quantity axis at 10. implies that Matthew maximizes utility by consuming 9 sodas per day. 3. Jane has $500 a Week to spend on clothing and food. The price of clothing is $25 and the price of food is $10. Jane spends her entire income when she purchases ________ units of clothing and ________ units of food. 10; 10 25; 5 12; 20 16; 8 4.Michael Dell was the first individual who sold computers by mail order. The company founded by Dell is now one of the largest and most successful computer companies in the United States. Michael Dell would be classified as a(n) entrepreneur. opportunist. monopolist. socialist. 5. Demand determines price entirely when demand is downward sloping. demand is perfectly inelastic...
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...file of ECO 204 Week 3 Quiz shows the solutions to the following problems: 1. Products may be homogeneous or differentiated in the ________ market structure. perfectly competitive monopolistic monopolistically competitive oligopolistic 2. The right answer to the debate regarding the welfare effects of advertising is that advertising always leads to concentration in an industry. advertising always leads to positive economic profits in an industry. advertising always improves the functioning of the market. There is no right answer. 3. Assume that an economy producing two products, skateboards and in-line skates, is initially in equilibrium, and that skateboards and in-line skates are substitutes. If consumer preferences shift away from skateboards and toward in-line skates, which of the following will NOT occur? In the short run, firms producing skateboards will incur losses. In the short run, firms producing in-line skates will earn a profit. Additional capital will begin to flow into in-line skates production in the long run. Additional capital will begin to flow into skateboard production in the long run. 4. Monopolies, oligopolies, and monopolistic competitive industries all earn positive profits in the long run. have market power. are completely unconstrained in their pricing. raise price and quantity over what would occur in perfect competition in order to maximize their profits. 5. A ________...
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...Week 2 Assignment: Raise or Lower Tuition? ECO 204: Principles of Microeconomics August 10, 2014 For this week’s assignment we have to assess how to increase the total revenue for a university by raising or lowering the tuition. As a consultant hired to help Nobody State University, I will assist in helping the university find the appropriate solution to help the university survive by changing the cost of tuition. Assess a raise in tuition and if it will necessarily result in more revenue. Raising the tuition at the university would not necessarily result in more revenue. When the price of tuition increases it will cause students to drop out; if the school is trying to keep the same number of students enrolled this will be a problem. However, if they are looking to decrease their enrolment while still increasing their tuition cost they could see an increase in revenue but not much. I would see the university’s goal as getting the most amounts of students to pay the higher tuition fees. Describe the conditions under which revenue will (a) rise, (b) fall, or (c) remain the same. Price determination is a difficult decision; one that should establish a tuition that retains current students, attracts new students, and provides adequate revenues to cover costs. (Byran & Whipple, 1995) Rise Conditions under which revenue will rise would be if the enrolment of students remains the same and rises. The university will have look at other factors that will make their...
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...ork2012 - 2013 Catalog A Message from the President “Sullivan University is truly a unique and student success focused institution.” I have shared that statement with numerous groups and it simply summarizes my basic philosophy of what Sullivan is all about. When I say that Sullivan is “student success focused,” I feel as President that I owe a definition of this statement to all who are considering Sullivan University. First, Sullivan is unique among institutions of higher education with its innovative, career-first curriculum. You can earn a career diploma or certificate in a year or less and then accept employment while still being able to complete your associate, bachelor’s, master’s or doctoral degree by attending during the day, evenings, weekends, or online. Business and industry do not expand or hire new employees only in May or June each year. Yet most institutions of higher education operate on a nine-month school year with almost everyone graduating in May. We remained focused on your success and education, and continue to offer our students the opportunity to begin classes or to graduate four times a year with our flexible, year-round full-time schedule of classes. If you really want to attend a school where your needs (your real needs) come first, consider Sullivan University. I believe we can help you exceed your expectations. Since words cannot fully describe the atmosphere at Sullivan University, please accept my personal invitation to visit and experience...
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...Biodiversity Hotspot in Indo Burma Student’s Name Name of Institution Abstract Extinction has been happening over the years without concerns; however there are people who have emerged to create awareness on the importance of conserving the environment for their continuity. For this course some biodiversity hotspots have been identified which host a variety of endemic species which need to be protected. This paper seek to explore how climate change has affected the species, other threats that exist that endanger these species and what is being done to mitigate these threat. Biodiversity Hotspot in Indo Burma Map 1: Indo-Burma a Biodiversity hotspot (Myer, 2000) The biodiversity hotspots concept was brought about by a man called Norman Meyer. There are 25 identified hotspots all over the world and other potential ones are 9 in number. These areas share a similarity of having many endemic species and together they support 60% of world’s mammals, plants, birds, amphibians, and reptiles’ species. One of these hotspots includes the Indo-Burma. Termed as one of world’s biodiversity hotspots the Indo Burma spreads across the eastern parts of Bangladesh extending to the Indias North eastern regions, the southern parts of Bramaputra River, almost the whole of Myanmar and China’s southern and eastern parts of Yunnan Province also including Thailand and minute parts of Penisular Malaysia. Not forgetting the south China’s coastal lowlands, the off shore...
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...ECOCENTRISM AND ANTHROPOCENTRISM: MORAL REASONING ABOUT ECOLOGICAL COMMONS DILEMMAS KATHERINE V. KORTENKAMP AND COLLEEN F. MOORE University of WisconsinMadison Abstract When do humans extend their ethical scope to include nature? Anthropocentrism and ecocentrism are two ways of understanding an extension of ethics to nature. In an anthropocentric ethic nature deserves moral consideration because how nature is treated a¡ects humans. In an ecocentric ethic nature deserves moral consideration because nature has intrinsic value. In two experiments participants (n=91 and 84) generated moral reasoning responses to ecological moral dilemmas. The reasoning was coded as ecocentric, anthropocentric, or nonenvironmental (i.e., social contracts, truthfulness). Individual di¡erences and situational variables were examined in relation to moral reasoning about ecological dilemmas. Pro-environmental attitudes were related to more ecocentrica nd anthropocentrica nd less nonenvironmental reasoning. The presence of information about the impact of ecological damage on the environment, especially a more ‘‘wild’’ environment, elicited more ecocentric reasoning, while the presence of a social commitment elicited more nonenvironmental moral reasoning. The implications of the research for con£icts over environmental commons dilemmas are discussed. # 2001 Academic Press Ecocentrism and Anthropocentrism: Moral Reasoning about Ecological Dilemmas There is as yet no ethicd ealing with...
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...III. Production and Operations plan Product Design and/or Business model Key Networks -Goldsboro Commercial, Inc. (packaging) -Chocolate Lover, Inc. (chocolates) -Peotraco Industries (flour) -DW Plastic Corporation (straw) -Aquapure (water) -BRS Apartments (warehouse) -Food Bizz (stall) -SM Business Center (location) Key Partners -Emilisa Salih (General Manager) -Shepherd Busto (Operations Manager) -Kimberly Ragasa (Marketing Manager) -Charlene Sorilla (Finance and HR Manager) Key Activities -Supply the raw materials needed. -space for the further processing of raw materials (not included in stall process) -construction of the stall -stall location Key Resources - containers and foils -straws -chocolate bars -flour -water -warehouse -stall -location Value Propositions -Grab N Go snack - all-in-one -Low cost -snack food -new to the snack market, since it provides 3-in-1 snack meal. -innovative packaging -new to the customers but medium barriers to entry because of uncertainty of intellectual property (packaging based from another country) -Quality product making using technologies -Specially made for students. -Cold Drink but hot and freshly made churros, quick punch straw. Customer Relationship -friendly employees that can accommodate customers at any age. -Maintaining cleanliness in workplace -brand establishment Distribution Channels -Intramuros stall -Franchises (if any) -Schools (to be able to get in touch...
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...Table of Contents Executive Summary 2 Problem Statement 2 Situation Analysis Company Objectives 2 Company Background 3 S.W.O.T. Analysis 4 Market Analysis 5 STEEPL 6 Consumer Analysis 7 Case Keys 8 Alternatives 9 Recommendation 10 Action Plan 10 Contingency Plan 11 Appendix A Exhibit 1 Segmentation Chart 12 Bibliography 12 Executive Summary MMI Product Placement Inc., established in 1985, is the pioneer in the business of product placement in Canada. MMI leveraged its relationship with the Canadian entertainment industry to incorporate its clients’ brands into films and TV shows. Greyhound, the country’s largest provider of intercity bus transportation, recruited MMI services to provide cost-effective ways to communicate its marketing message to consumers. Philip Hart, president of MMI, was preparing to make a final pitch to sign up Greyhound as client. For Greyhound, the major competitors include VIA Rail, owned automobile, and airline transportation companies. The consumer segmentation can be divided into three groups including college and university students, newer professionals and established professionals. The target market will be age 18 to 24 college and university young professionals. Philip Hart needs to decide which promotional vehicle would be best for Greyhound’s product placement. The alternative choices include to stick with traditional advertising, or product placement on TV series shows like “Corner Gas” or...
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...Satellite® L670 Series User’s Guide If you need assistance: ❖ Toshiba’s Support Web site pcsupport.toshiba.com ❖ Toshiba Customer Support Center Calling within the United States (800) 457-7777 Calling from outside the United States (949) 859-4273 For more information, see “If Something Goes Wrong” on page 163 in this guide. GMAD00245010 03/10 2 Handling the cord on this product will expose you to lead, a chemical known to the State of California to cause birth defects or other reproductive harm. Wash hands after handling. Model: Satellite® L670 Series Recordable and/or ReWritable Drive(s) and Associated Software Warranty The computer system you purchased may include Recordable and/or ReWritable optical disc drive(s) and associated software, among the most advanced data storage technologies available. As with any new technology, you must read and follow all set-up and usage instructions in the applicable user guides and/or manuals enclosed or provided electronically. If you fail to do so, this product may not function properly and you may lose data or suffer other damage. TOSHIBA AMERICA INFORMATION SYSTEMS, INC. (“TOSHIBA”), ITS AFFILIATES AND SUPPLIERS DO NOT WARRANT THAT OPERATION OF THE PRODUCT WILL BE UNINTERRUPTED OR ERROR FREE. YOU AGREE THAT TOSHIBA, ITS AFFILIATES AND SUPPLIERS SHALL HAVE NO RESPONSIBILITY FOR DAMAGE TO OR LOSS OF ANY BUSINESS, PROFITS, PROGRAMS, DATA, NETWORK SYSTEMS OR REMOVABLE STORAGE MEDIA ARISING OUT OF OR RESULTING FROM THE USE OF THE PRODUCT...
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...project under the Framework contract for economic analysis ENV.G.1/FRA/2006/0073 - 2nd FINAL REPORT November 2009 Matt Raymenta, Elke Pirgmaierb, Griet De Ceusterc, Friedrich Hinterbergerb, Onno Kuikd, Henry Leveson Gowera, Christine Polzinb, Adarsh Varmaa a b c d GHK Sustainable Europe Research Institute (SERI) Transport & Mobility Leuven VU University Amsterdam, Institute for Environmental Studies (IVM) Institute for Environmental Studies Vrije Universiteit De Boelelaan 1087 1081 HV AMSTERDAM The Netherlands Tel. ++31-20-5989 555 Fax. ++31-20-5989 553 E-mail: info@ivm.falw.vu.nl Internet: http://www.vu.nl/ivm vrije Universiteit amsterdam Contents Executive Summary 1. 2. 3. 3.1 3.2 3.3 3.4 3.5 3.6 4. 4.1 4.2 4.3 4.4 4.5 4.6 5. 5.1 5.2 5.3 5.4 5.5 5.6 6. 6.1 6.2 6.3 6.4 6.5 6.6 7. 7.1 7.2 7.3 7.4 7.5 8. 8.1 Introduction Environmental Policy and the Economy Environmental Policies and Productivity Description and background Policy instruments Review of evidence from the wider literature Evidence from examples and case studies Scale of economic benefits to date and assessment of the further potential Beneficiaries and timescale Environmental Policies and Innovation Description and background Policy instruments Review of evidence Examples and case studies Scale of economic benefits Beneficiaries and timescale Environmental Policies and Employment Description and background Policy instruments Review of evidence from the wider literature Evidence from examples and case...
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