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Total number of unemployed people are 98
Total employed people are 1188
Number of adult Population is 1563
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- Simplifying 5C3 / 2C1 yields: 20 O1 10 5Please give me correct answer and full explanation with calculation otherwise Note:- Please avoid using ChatGPT and refrain from providing handwritten solutions; otherwise, I will definitely give a downvote. Also, be mindful of plagiarism. Answer completely and accurate answer. Rest assured, you will receive an upvote if the answer is accurate.1. What will be her total utility from both leisure and income when working 25 hours per week? 2. Does it make sense from the perspective of utility for Terry to increase her work hours? (Think about the total utility calculations.). Why or Why not?
- King of HeartsThe King of Hearts, a neighborhood pub in a small midwestern town, is owned and operated by Mags Doherty. Since it opened in 2001, annual sales have increased from $200,000 to $500,000. She carries a wide selection of domestic and imported beers. She reports that 55% of her sales are derived from beer, 30 percent from mixed drinks, and the remainder from menu items such as sandwiches, French fries, and potato chips. Many customers have asked Mags to add pizza to her menu. She would have to spend $8,000 for an oven and $4000 for dishes. The ingredients in a typical pizza would cost $10.00 and the additional labor expense per pizza would be $0.80. The utilities involved in preparing each pizza would be $0.20. She would sell a pizza for $21.00.QuestionsWhat is her breakeven point in units and dollars? Show your calculations. Assume she sells 100 pizzas a day. How long will it take her to break even? Show your calculations.You work for a company that is being accused of monopoly behavior, given its large size. Comparisons are made to the industry standard, where each establishment has on average about 16.3 employees. Your company is bigger than that, but you want to provide evidence against the monopoly charges. a. You've collected data at different times in your company's history, when you had different amounts of capital. In 2007, SRATC = 3Q2 - 74Q + 550 In 2010, SRATC = 7Q2 - 52Q + 210 In 2015, SRATC = 4.5Q2 - 73Q + 335 Plot these three different SRATC curves (have Q go from 0 to 20), and discuss how (and possibly why) your company has changed since 2007 in terms of its size. b. Make another column labeled "LRATC" that includes three points: 2010's SRATC when Q = 2; 2015's SRATC when Q = 8, and 2007's SRATC when Q = 17. Plot these three points on your graph (be sure to show, don't hide, the dots) and add a 2nd-degree…The magazine Science 84 planned to announce a contest in which anyonecould submit a request for either $20 or $100. If fewer than 20% of the submissions requested $100, then everybody would receive what they requested. If 20% or more asked for $100, then everybody would get nothing. Although the magazine wound up not running the contest, because Lloyds of London was unwilling to insure against losses, we can still analyze what equilibrium would predict. Suppose 100,000 people might participate in the contest, and assume that payoffs are measured in money.a. Assume that every possible participant submits a request for either $20or $100. Find a Nash equilibrium.b. Now suppose that a request form comes only with the purchase of Science 84 and that the magazine costs $21.95. Then each person’s strategy set has three elements: do not buy the magazine, buy the magazine and submit a request for $20, and buy the magazine andsubmit a request for $100. Suppose zero value is attached to…
- 8An 18-month-old child was admitted to the hospital after falling into a hot bath. Two weekslater, she was doing well and set to return home. Her mother noticed that the little girl askedfor a drink every time she saw one, and she often sucked on a wet washcloth. When thechild’s mother asked about this behavior, the nurses told her it was normal—they would notask a physician for permission to give the girl a drink. The nurses told the mother that herchild was doing well and that she should go home and get some sleep.When the mother returned early the next morning, she knew that something was verywrong with her child. The medical team was notified. They administered naloxone, a drugused to block the effects of opioids. They finally allowed the girl to have a drink, and she swallowed a liter of juice. The medical team determined that the girl should not be given anymore narcotics. They gave verbal orders.A nurse entered the girl’s room that afternoon with a syringe of methadone. The…Do not use Ai and chatgpt.
- Two women have decided to start a cottage industry that will be run out of their homes. They are going to make two types of specialty shirts, rhinestone and embroidery. The total gross profit is given by PP(xx, yy) = 16xx + 20yy - xx2 - yy2 where xxis the number of rhinestone shirts made and yy is the number of embroidery shirts made per month. Together, they are able to make at most a total of six shirts per month. What is the number of each type of shirt that they should try to make and sell in order to maximize their profit each month? Solve using Lagrange multipliers %3D %3D www. www approach.Need urgent plz..hand written[Adverse Selection] Each of the two players receives an envelope, in which there is anamount of money that is equally distributed from $0, $1, $2, ..., $100. The amounts in twoenvelopes are independent. After receiving the envelope, each individual can check exactlyhow much money is put in his/her own envelope. Then each player has the option to exchangehis/her envelope for the other individual's prize. The decisions are made simultaneously. Ifboth individuals agree to exchange, then the envelopes are exchanged; otherwise, if at leastone player chooses not to exchange, each individual keeps his/her own envelope and receivesits attached sum of money.a. Model this game as a static Bayesian game (write the normal formrepresentation) and find the Bayesian Nash equilibrium.b. Consider a new game where the probability distribution of money in eachenvelope is changed. The amount is equal to $100 with probability 90%, and is equalto each number in $0, $1, $2, ... ,$99 with probability 0.1%.…