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: Short answer question

This is assessment item 2- short answer questions. Using The Principals of Economics, fourth edition.
Principles of Economics: ECON11026
Term 2-2015
Assessment Item 2 – Short Answer Questions

ASSESSMENT
Part A: Weighting: 30 % (2 marks for in-text referencing, presentation, clarity of explanation and evidence of reference list and
28 marks for the answers to the four questions)
Length: Approximately 1500-2000 words (Approx. 400-500
words for each question, excluding graphs, tables and reference list)
It is a progressive assignment based on topics studied in weeks 5-8 covering chapters 6, 7, 9, & 10.
Please attempt each question on a weekly basis which 2 will prevent you from asking for extensions.

Objectives
This assessment item 2, relates to course learning outcomes 3, 4 & 5 as listed in the course profile.
Question 1: Refer to Chapter 6- Imperfect Competition

(a) Define and explain the characteristics of a monopolistically competitive firm. Assuming identical long-run cost curves, compare graphically (use 2 graphs) the prices and outputs that would result under the long-run monopolistic competition and perfect competition. Evaluate the differences between these two market structures (4 marks).
(b) From society’s point of view, why monopolistic competition is considered as an ideal market structure? Explain. (1 mark)
(c) Define, illustrate and explain the method of price discrimination used by the airlines industry with an example. (2 marks)
Total = 7 marks Question 2: Refer to Chapter 7- Market Failure and Government Policy
(a) Assume that a firm discharges waste into a river. As a result, the marginal social costs (MSC) are greater than the firm’s marginal (private) costs (MC). The table below shows how MC, MSC, AR and MR vary with output. Assume that the marginal private benefit (MB) is given by the price (AR). Also assume that there are no externalities on the consumption side, and that therefore MSB = MB. Study the table and answer the following questions.

Output 1 2 3 4 5 6 7 8
MC 23 21 23 25 27 30 35 42
MSC 35 34 38 42 46 52 60 72
TR 60 102 138 168 195 219 238 252
AR 60 51 46 42 39 36.5 34 31.5
MR 60 42 36 30 27 24 19 14

(i) How much will the firm produce if it seeks to maximise profits? (1 mark)
(ii) What is the socially efficient level of output? (1 mark)
(iii) How much is the marginal external cost at this level of output? (1 mark)
(iv) What size of tax would be necessary for the firm to reduce its output to the socially efficient level? (1 mark)
(v) Why is tax less than the marginal externality? Explain. (1 mark)

(b) Consider the following externalities, and explain if there would be external effects associated with any of the following activities, and if so, what would be the nature of the externality in each case?

(i) A hotel that is located next to an apartment building and plays loud music late at night. (0.5 mark)
(ii) Being vaccinated for polio, influenza or swine flu. (0.5 mark)
(iii) Can you think of government policies that might deal with each of the two external effects? (1 mark)
Total = 7 marks

Question 3: Refer to Chapter 9- Introduction to Macroeconomics

(a) Using the circular flow model, explain why the value of businesses’ output (goods and services) equals the income of the households? (2 marks)

(b) As shown in table below a small economy of Day Dream Island produced the following final goods and services during the month of May 2015. Calculate the value of the output at the given market price for this economy. (2 marks)

Items Quantity Price ($)
Food (Kilos) 1, 000000 2
Houses 30 150,000
Medical services (hours) 35,000 40
Shirts 30,000 25
Speedboats 2 240,000
(c) The table below gives the national accounts data for Australia for a given year in 2010.

Amount ($)
Billion
Gross Private Domestic Investment 855
Government Consumption Expenditure 620
Government Investment Expenditure 195
Household Consumption Expenditure 3120
Taxes 600
Import 575
Exports 680
Savings 300

(i) From the above table, calculate GDP and the country’s gross national expenditure (GNE) using the expenditure approach. (3 marks)
Total = 7 marks
Question 4: Refer to Chapter 10- The Determination of GDP
(a) Refer to the above table in Q3 (c) and calculate the level of Injection (J) and Withdrawal (W) for Australia. Based on W and J, what will happen to GDP growth? (2 marks)
(b) How does a deflationary-gap differ from an inflationary-gap? Illustrate and explain. (2 marks)
(c) Illustrate and explain how the equilibrium level of GDP is determined, by applying the Keynesian income and expenditure model? (1 mark)
(d) Why do you think that the macroeconomic policy makers should worry about structural unemployment? How does it differ from frictional and cyclical unemployment? (2 marks)
Total = 7 marks

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Hypothermia Stragedies in the Perioperative Patient

NURSING PROJECT Must be original work!!!!!! DO NOT COPY REFERENCE WORK! CITE ALL REFERENCES.

Introduction- Topic is introduced, describes why it is important to nursing; PICO question is stated. Full background is presented to describe the topic and citations are used to support.

Method for literature review-• Part two should describe the methodology of your literature review process; databases searched, key words and terms used, how you narrowed your search, etc.

Findings and evidence appraisals- At least one paragraph for each of your sources discussing how relevant to your topic; the strength of the evidence and the quality of it.

Conclusions and recommendations- a summation: based on the evidence reviewed and appraised- what should be done? Is a practice change warranted? If so, at what level- organization-wide? Departmental? Specialty-wide? All of nursing? etc.

APA-Scholarly Writing is evident including, but not limited to correct grammar, spelling, sentence structure, APA format including title page, running head, pagination, separate abstract page; separate reference page, proper in-text citation and reference citations, formal writing style

PLEASE DO NOT COPY ANOTHER WRITERS WORK IN ANYWAY. This instructor is going to look through all the references and if she thinks it’s a copy she will grade a ZERO. Please use original thought. I will provide some references please also find some other studies.

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Criminal Homicide

In Week 3 you worked with the 2nd set of Homicide Data based on the spreadsheet I provided and the datafor a third state that you procured from the FBI’s website. The specific topic was State Long Term Trends& Patterns. You compared three states to one another and to the national data that were examined in Week2.

Writing Assignment 1 directs you to address the following issues based on Weeks 2 & 3.
1. 30pts. What does the Week 2 graph show about the trend in Homicide Rates across a 50+ year
period?

Make sure you offer as many Explanations as possible [not descriptions of the trends as
these are already available in the notes].
2. 45 pts.

In Week 3 you compared three states to the National data AND to each other in terms of theHomicide and Non-negligent Manslaughter rate and you created a graph.
Compare the three states to the US AND to each other in terms of the Homicide and NonnegligentManslaughter rate and discuss the following:

1. Do the three states show the same trend across time as the national data?
2. Which state looks the most like the national trend?
3. Which states, if any, look closer to one another?
3. 25pts. Best Possible Explanation / Hypothesis
After studying the data, what is your Best Possible Hypothesis concerning:
1. Why one of the states shows Homicide rates that are closer to the national results?
2. Why the two states that look more alike do so.

FORMAT
Your paper must be word-processed, double spaced, with margins of 1″ on all four sides, with page
numbers, and Times New Roman 12 font. The paper MUST be a minimum of 5 typed pages and amaximum of 6.

Some of you may inevitably want to submit a longer paper. But, please be advised that itwill generally not be necessary to write more than about 5-6 pages to cover all the required itemssatisfactorily.

For Issue #2 above, you need to cut and paste the graph from your analyses into an Appendix so I can seethe data for myself. Naturally, I already have the Issue # 1 results from the BJS main page.v

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In-depth analysis of the “The Fish

”
This activity brings together everything you have learned about poetry.
Begin by completing the following:
Closely read Elizabeth Bishop’s poem “The Fish”
Elizabeth Bishop, “The Fish.
Read three of the literary elements as applied to the poem (click the tab for Elements of Poetry)
Read two of the literary analyses of the poem (click the Critical Approaches Tab).
When you are ready, post your reaction to the poem by identifying the literary elements and critical approaches you read and explain how this information either supported or challenged your personal close reading of the poem.

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social tourism- individual report

beginning, I would like to order a plan (maximium 5 pages) for the final report so I have to give my teacher my plan to make sure. thank you.

instructions:
Plan for the final report
Applied marketing strategy: social tourism in Australia (key issues report):
Structure – no more than 5 pages
1. Topic overview → company → product.
2. Industry structure.
3. Trends and challenges.
4. 3-5 issues may be and recommendations.
5. Project report structure.
6. Reference list.

Note: This Assessment Task relates to the following Learning Outcomes:
-Learn how to analyse, synthesise and evaluate marketing strategies. STEPS Management Strategy Model-Understand and analyse the complexities of the business environment and how these influence marketing strategy (awareness to choice to behaviour).
-To understand and apply core marketing strategy concepts like competitive advantage, synergies, positioning and branding.
-The ability to work and resolve complex business issues.

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Agronomy of Grain Production

:- 1-I will send to you the questions on my order area.
2- My regain is new south wale Australia.
3- I am interesting with wheat crop.
4- for Additional question you can select a pulse or oilseed
etc). note:-this question up to you.
5- word limit no more than 1200 words please

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Hollywood Remake

 

 In an analysis of a pair of films – a source and its remake – demonstrate what constitutes the core cultural differences between the two.
 Critically analyse how the ‘source’ has changed when placed in dialogue with other cultures in the ‘remake’. You may wish to consider what is culturally specific about these films, and what has local and global significance.
 Please minimize description of content and story elements of the two films

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Thesis & Outline for sales promotion

On my previous order, the writer chose 3 topics and wrote three open-ended questions for each topic. I want the write to go back and look my previous order because it will be much easier for the writer to finish this assignment. In this assignment, I would like to request that writer to pick Sales promotion which is the topic #2 on my previous order. The writer did select and write a one paragraph about the question “Why are businesses involved in sales promotion?”. Recall topic #2 and the question from the quote what I mentioned above and now you need to create thesis and outline about that topic #2. You must choose a scholarly article regarding some form of sales promotion. Be sure to pick an article that you think you can analyze well and a topic that interests you. You should not be arguing for/against the article, but instead analyzing HOW the article is written. Your outline should include an introduction, summary of article, and conclusion. Firstly, in your introduction you could include explaining general idea of consumer culture/specific slant/explaining the article you chose from your perspective. You also need to mention the name of the article in your introduction so that the reader know what’s article you are using and can easily find that article online.You need to write your own thesis statement at the end of your introduction. One paragraph is enough for introduction. Secondly, you need to summary the article and then analyze the text. Your summary of the article should be enough to make it clear to anyone who has not read the article, but it should not be more than a summary of the main points of the article. It is NOT, I repeat, NOT the most important part of your paper.One paragraph should be enough. Also, you need to pick three main points of your argument. No completed sentences necessary for those 3 main points of your argument.You also need to describe and give answer what is author’s stance? Think yourself is it positive or negative? You agree or disagree and give reasons. Lastly, you can write a conclusion which covers all the things you mention above. It doesn’t have to be long paragraph. Please let me know if you have any questions. Please follow all of my instructions. Thank you. PS. there will be another order coming up relating to this outline that’s why I would like to use the same writer for my up coming order too.

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workplace and business communications

Essay question:
2. Research one emerging communication technology and investigate its possible application within a work environment.

Essay Instructions:

The details of this assignment are as follows:
1. Students work individually to write short-essay refer to instructions below.

2. Written work must be presented in either Arial or Times New Roman Font (12pt) and double spaced.
Word count: 750 words
Academic References required :4

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Med term project Worksheet

What is the purpose of this project? In your own words, what personal meaning do you make of completing this mid-term project. (60)

Discussion Section:
• Your SMART career goals
• The connection between your current major and your SMART career goals
• What resources are available at to help you connect with skills or knowledge you need to meet your SMART career goals

Conclusion: So what? What’s next? How did completing this project assist you in developing “checkpoints” or better understanding of what actions you need to take to align your career goals with your academic goals? Briefly address how you plan to put what you have learned from this project to use in your upcoming semesters .
Citations: References from a minimum of five (5) sources from which you gathered information for your presentation. A maximum of three (3) sources may be websites. (25 points). The following are examples of resources: your course textbook and Common Reading book, Focus2, quotes from interviews, professional publications indicated via the Occupational Outlook Handbook, handouts provided in class, etc.
Citations: References from a minimum of five (5) sources from which you gathered information for your presentation. A maximum of three (3) sources may be websites. (25 points). The following are examples of resources: your course textbook and Common Reading book, Focus2, quotes from interviews, professional publications indicated via the Occupational Outlook Handbook, handouts provided in class, etc.
# just for you know my major is business