It is conceivable that the APC, APS, MPC, and MPS could simultaneously be OA. APC= 1.0; APS= 0; MPC=0.15; MPS = 0.15. B. APC= 1.0; APS= 0.1; MPC = 0.85; MPS = 0.25. C. APC= 1.3; APS= -0.3; MPC 0.8; MPS = 0.2. OD. APC=0.8; APS= 0.2; MPC = 1.1; MPS = 0.1.
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![It is conceivable that the APC, APS, MPC, and MPS could simultaneously be
A. APC 1.0; APS= 0; MPC= 0.15; MPS= 0.15.
OB. APC= 1.0; APS= 0.1; MPC = 0.85; MPS = 0.25.
OC. APC= 1.3; APS - 0.3; MPC = 0.8; MPS = 0.2.
OD. APC 0.8; APS= 0.2; MPC = 1.1; MPS = 0.1.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F7c769ef0-ed51-4901-bffd-e225e5c59f27%2Fe1a6cabc-7db7-45b5-83be-87ee3a472d6e%2Fdtjsbbb_processed.png&w=3840&q=75)
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- Please help me fix c. Thanks!Q2: Consider a person who is thinking about whether to engage in a life of crime. He knows that, if he gets caught, he will be in jail and his consumption will be low, xº, but if he does not get caught, he will be able to consume an amount x₁ that is considerably above Χρ· (a) Suppose that x₁ = 20; x₁ = 80 (where both are expressed in thousands of pounds) and suppose the probability of getting caught is 8 = 0.5. What is the expected consumption level if the life of crime is chosen? (b) Suppose the potential criminal's tastes over gambles can be expressed using the following utility function u(x) = In (x). Calculate the person's expected utility from a life of crime. How does it compare with the utility of the expected value of consumption? Based on your answer, explain this individual's attitude towards risk and draw the consumption/utility relationship. (c) Consider the level of consumption this person could attain by not engaging in a life of crime. What level of consumption from an…Jose and Amy recently got married and just bought their first home for $500,000. They both have to work to maintain their $400,000 mortgage. Jose earns $35,000 per year, and Amy earns $45,000 per year. Based on the income multiplier estimation, how much life insurance should they have?
- A lobbyist in our nation’s capitol must buy 250 votes in the House of Representatives and Senate to win passage of a bill to add Millard Fillmore’s face to Mount Rushmore. Votes in Congress can be purchased according to the following process: V = CM/100,000, where C is the number of dollars contributed to campaign funds and M is the number of three-martini lunches. If three-martini lunches cost $25 each, what is the smallest expenditure the lobbyist could make to ensure Mr. Fillmore’s proper place in history? Option A) 1,000,000 Option B) 25,000,025 Option C) 130,000 Option D) 50,000 Option E) 25,000,000Explain how COVID-19 pandemic has impacted each of the 5Es of macroeconomics in all countries of the world generally and Pakistan in particular.What are the impact of covid 19 on hotels and bar ?
- COVID-19 has caused several shortages: paper products, hand sanitizer, and even nurses. When a hospital needs nurses, they might call Fastaff, which has been sending its nurses all around the country. Once a nurse gets an assignment, they pack their bags and need to be there within a week. During a pandemic, these assignments come with some risk, but these nurses are well compensated for their time. “They really run into the fire,” explained Fastaff Senior VP of Marketing Lauren Pasquale-Bartlett. “They’re very brave, they’re like the special forces of nursing. They go in for these really critical assignments.” The need for traveling nurses across the country has increased drastically because of the coronavirus pandemic. One of the state’s needing nurses is Ohio, according to Pasquale-Bartlett. “Particularly in the last few weeks we’ve seen a two to three increase in demand in requests for nurses to come in and support the staff,” she said. “That really indicates to us that it’s an…COVID-19 has caused several shortages: paper products, hand sanitizer, and even nurses. When a hospital needs nurses, they might call Fastaff, which has been sending its nurses all around the country. Once a nurse gets an assignment, they pack their bags and need to be there within a week. During a pandemic, these assignments come with some risk, but these nurses are well compensated for their time. “They really run into the fire,” explained Fastaff Senior VP of Marketing Lauren Pasquale-Bartlett. “They’re very brave, they’re like the special forces of nursing. They go in for these really critical assignments.” The need for traveling nurses across the country has increased drastically because of the coronavirus pandemic. One of the state’s needing nurses is Ohio, according to Pasquale-Bartlett. “Particularly in the last few weeks we’ve seen a two to three increase in demand in requests for nurses to come in and support the staff,” she said. “That really indicates to us that it’s an…COVID-19 has caused several shortages: paper products, hand sanitizer, and even nurses. When a hospital needs nurses, they might call Fastaff, which has been sending its nurses all around the country. Once a nurse gets an assignment, they pack their bags and need to be there within a week. During a pandemic, these assignments come with some risk, but these nurses are well compensated for their time. “They really run into the fire,” explained Fastaff Senior VP of Marketing Lauren Pasquale-Bartlett. “They’re very brave, they’re like the special forces of nursing. They go in for these really critical assignments.” The need for traveling nurses across the country has increased drastically because of the coronavirus pandemic. One of the state’s needing nurses is Ohio, according to Pasquale-Bartlett. “Particularly in the last few weeks we’ve seen a two to three increase in demand in requests for nurses to come in and support the staff,” she said. “That really indicates to us that it’s an…
- COVID-19 has caused several shortages: paper products, hand sanitizer, and even nurses. When a hospital needs nurses, they might call Fastaff, which has been sending its nurses all around the country. Once a nurse gets an assignment, they pack their bags and need to be there within a week. During a pandemic, these assignments come with some risk, but these nurses are well compensated for their time. “They really run into the fire,” explained Fastaff Senior VP of Marketing Lauren Pasquale-Bartlett. “They’re very brave, they’re like the special forces of nursing. They go in for these really critical assignments.” The need for traveling nurses across the country has increased drastically because of the coronavirus pandemic. One of the state’s needing nurses is Ohio, according to Pasquale-Bartlett. “Particularly in the last few weeks we’ve seen a two to three increase in demand in requests for nurses to come in and support the staff,” she said. “That really indicates to us that it’s an…Cameron sells premium steak at the local market. He has a lot of customers due to the promising taste and texture of his steak. One kilogram of his premium steak costs $80.50. However, it would only cost $68.50 per kilogram if a customer buys 3 kilograms and $58.50 per kilogram if a customer buys 5 kilograms. Cameron can supply 100 kilograms of premium steak in a day, but his supply only lasts for an hour and a half. Which of the following statements is true? With this pricing scheme, Cameron is extracting all the consumer surplus. Cameron is basing his pricing scheme on the maximum amount a customer is willing to pay for his premium steak. Cameron is using third degree price discrimination by charging different prices for different "blocks" of kilograms for his premium steak. Cameron receives a larger revenue and profts with this pricing scheme compared to charging a single lower price for larger quantities. None of the above are true.You are considering a $500,000 investment in the fast-food industry and have narrowed your choice to either a McDonald's or a Penn Station East Coast Subs franchise. McDonald's indicates that, based on the location where you are proposing to open a new restaurant, there is a 25 percent probability that aggregate 10-year profits (net of the initial investment) will be $16 million, a 50 percent probability that profits will be $8 million, and a 25 percent probability that profits will be -$1.6 million. The aggregate 10-year profit projections (net of the initial investment) for a Penn Station East Coast Subs franchise is $48 million with a 2.5 percent probability, $8 million with a 95 percent probability, and -$48 million with a 2.5 percent probability. Considering both the risk and expected profitability of these two investment opportunities, which is the better investment? Explain carefully.
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