Progress CO. a company that sells novelty machines for arcades and beachside boardwalks, has estimated quasi supply and demand curves for their product line:
demand P = 100 – 2Q
supply P = 30 + Q
Based on these estimates, calculate the equilibrium price and quantity of novelty machines for Progress Co.
Demonstrate the graph with the supply and demand curves.
Be sure to label the following:
i) the demand curve and where it starts on the vertical and horizontal axis
ii) the supply curve and where it starts on the vertical axis
iii) P* and Q*
The government has just announced a price control for novelty machines at $60.
iv) indicate visually how this will affect your graph
v) Calculate the amount of the excess demand (or excess supply, whichever applies) under this scenario.

Answers

Answer 1

The government has just announced a price control for novelty machines at $60 then the excess demand is -3.33.

Excess demand, also known as a shortage, occurs when the quantity of a good or service that consumers want to buy is greater than the quantity that is available for sale at the prevailing price. In other words, when the demand for a product exceeds its supply, there is excess demand.

This can result in higher prices, as suppliers may raise prices in response to the increased demand, or rationing of the product, where the seller may allocate the available quantities among buyers. Excess demand can be a temporary or long-term phenomenon and can be influenced by various factors such as changes in consumer preferences, shifts in the economy, or disruptions in supply chains.

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Related Questions

The legends of magic mushrooms in China are thought to be derived from what neighboring country? India TibetMongolia Korea

Answers

The legends of magic mushrooms in China are thought to be derived from neighboring country Tibet. Option B is the correct answer.

Magic mushrooms, also known as psilocybin mushrooms, are a type of fungi that contain psilocybin, a chemical that produces hallucinations when consumed. Magic mushrooms have been used for religious or spiritual purposes and for recreational purposes as well. Magic mushrooms are illegal in most countries, including the United States, and are classified as a Schedule I drug, which means they have no legitimate medical use and are highly addictive. However, there are efforts being made to legalize psilocybin mushrooms for therapeutic use, as research has shown that they may have potential benefits for treating mental health conditions such as depression, anxiety, and PTSD.

Tibet is a neighboring country of China that has influenced the legends of magic mushrooms in China. China has a long history of using traditional medicines and remedies, including those made from mushrooms. Magic mushrooms are believed to have been used for medicinal and spiritual purposes in China for thousands of years. However, it is thought that the legends surrounding magic mushrooms may have been influenced by Tibetan culture and mythology.

The correct answer is option B.

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If you want to be certain that the behavior of interest to your research is as natural as possible, you will want to use a(n) a. Laboratory procedure. B. Naturalistic observation. C. Validity scale. D. Expert interviewer

Answers

If one wants to ensure that the behavior being studied is as natural as possible, naturalistic observation would be the best approach. option B is correct.

Naturalistic observation involves observing and recording the behavior of people or animals in their natural environment, without manipulating any variables or interfering with the behavior being observed. This method allows researchers to gain a deeper understanding of the behavior and its context, while minimizing the potential influence of the researcher's presence or actions on the behavior being studied. In contrast, laboratory procedures involve bringing subjects into a controlled environment, which can create an artificial setting that may affect the behavior being studied. Validity scales and expert interviews may be useful in assessing the quality of data collected through other methods but are not relevant for ensuring natural behavior in research.

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N the medical field, interns and residents are required to work such long shifts that they are perpetually exhausted and do not function optimally, making the process of obtaining a medical degree extremely difficult. Dissonance theory and effort justification would suggest that a possible motivation for the creation of this policy is to:

Answers

The possible motivation for the creation of the medical field policy requiring interns and residents to work long shifts is effort justification.

Effort justification is a psychological concept proposed by dissonance theory that states that when individuals put in a lot of effort and time to achieve a goal, they tend to justify the effort and time by believing that the goal is actually worth it.

This idea explains how the rule forcing medical interns and residents to work lengthy shifts could have been established.

Long shifts made mandatory for interns and residents increase the likelihood that they would think earning a medical degree is worth the effort and attention required to get there.

More motivation and dedication to accomplishing the objective may result from this justification of the effort.

The extended hours may also be used to gauge the interns' and residents' commitment to their work and determine whether they are ready for the demands of a career in medicine.

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What was the role of mass deportation in the Armenian genocide?

Answers

Answer:

There were approximately 1.5 million Armenians living in the multi-ethnic Ottoman Empire in 1915. At least 664,000 and possibly as many as 1.2 million died

Explanation:

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PESTLE Analysis for Washing Machine Market in Asia 1 ( Middle East,
India, Pakistan, Iran, Iraq, and Turkey etc. )

Answers

The environmental component of the PESTLE analysis examines the impact of environmental factors on the industry.

For example, climate change and natural disasters may have an impact on the supply chain for washing machine components, causing prices to rise. Additionally, consumers may prioritize eco-friendly washing machines over less environmentally friendly models.

What's PESTLE Analysis

PESTLE analysis is a tool used to examine the macroeconomic factors that affect a business, organization, or institution in order to make informed decisions. It is made up of political, economic, social, technological, legal, and environmental components.

Let us examine these components in regards to the washing machine market in the Middle East, India, Pakistan, Iran, Iraq, and Turkey.

Political

The first thing to consider is the political environment, which includes the legal and regulatory structures that affect the industry. Government regulations on imports and exports, tariffs, and subsidies are just a few examples of how politics may influence the washing machine industry in this area.

Governments in these countries may have different trade policies, which may make it difficult for foreign firms to enter the market.

Economic

The economic component of a PESTLE analysis is concerned with the economic circumstances and prospects of the area. This could include the GDP, inflation, exchange rates, and other economic indicators.

The washing machine market may be affected by these factors, as consumer spending is influenced by economic growth and changes in disposable income.

Social

The social factors that influence the washing machine market include culture, demographics, and trends. Different countries have different cultures and lifestyles, and these will affect the preferences of consumers when purchasing washing machines.

Technological

The technological component of the PESTLE analysis examines the impact of technological advancements on the industry. In the washing machine market, technological advancements may lead to the creation of more energy-efficient models, or they may lead to the development of smart washing machines that can be controlled remotely through an app.

Legal

The legal component of PESTLE analysis refers to laws and regulations that may affect the industry. Regulations on product safety, intellectual property, and labor practices may all affect the washing machine industry.

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Rank the SDGs (Social development Goals) on which ones do you
think are most important. Choose 5 and explain.

Answers

SDGs are Social Development Goals. There are 17 social development goals that the United Nations has set as its agenda. Below are five of the most important goals out of these SDGs.

Goal 1: No Poverty - This is the most important social development goal as it is linked to a lot of other social problems. It is crucial to end poverty in all its forms by ensuring economic growth, social protection, and support for those living in poverty.

Goal 2: Zero Hunger - Hunger and malnutrition are serious problems in many countries, particularly in developing countries. Zero hunger is the second most critical goal that seeks to end hunger, promote sustainable agriculture, and provide access to healthy food for all.

Goal 3: Good Health and Well-being - Good health and well-being are vital to our personal and professional lives. It is important to ensure that everyone has access to quality healthcare services, including mental health services.

Goal 4: Quality Education - Education is the foundation for personal and social development. It is critical to provide quality education to everyone, regardless of their socioeconomic status or background, to ensure a bright future for everyone.

Goal 5: Gender Equality - Gender equality is an essential social development goal as it aims to eliminate discrimination against women and girls, promote equal opportunities for all, and empower women in all spheres of life. Gender equality is a fundamental human right and a necessary condition for sustainable development.

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There are two existing firms in the market for computer chips. Firm A knows how to reduce the production costs for the chip and is considering whether to adopt the innovation or not. Innovation incurs a fixed setup cost of C, while increasing the revenue. However, once the new technology is adopted, another firm, B, can adopt it with a smaller setup cost of C/3. If A innovates and B does not, A earns $30 in revenue while B earns $10. If A innovates and B does likewise, both firms earn $20 in revenue. If neither firm innovates, both earn $10.
a) Under what condition (i.e., for what values of C) will firm B have an incentive to adopt if firm A adopts the innovation? Explain.
b) Under what condition will firm A innovate? Explain.

Answers

If the fixed cost of C is less than or equal to 30 dollars, it is profitable for firm A to adopt the innovation since the revenue generated from adopting the innovation is greater than the revenue generated from not adopting the innovation.

a) The condition where firm B will have an incentive to adopt the innovation if firm A adopts the innovation is when the fixed setup cost of C is equal to or less than $20.The total revenue generated by both firms when A adopts the innovation and B doesn't is 30 dollars for firm A and 10 dollars for firm B. The revenue generated when both A and B adopt the innovation is 20 dollars for each firm. If none of the firms adopt the innovation, each will earn 10 dollars. By adopting the innovation with a smaller setup cost, firm B can increase its revenue from $10 to $20, which is greater than the revenue it generates if it doesn't adopt the innovation. Therefore, if C is greater than 20 dollars, firm B will not have an incentive to adopt the innovation since its revenue from not adopting the innovation is greater than the revenue it generates by adopting the innovation.

b) The condition under which firm A will innovate is when the fixed setup cost of C is less than or equal to $30.When firm A adopts the innovation and firm B doesn't, firm A generates a revenue of $30. If both firms adopt the innovation, they will generate a revenue of $20 each. However, if neither firm adopts the innovation, they will generate a revenue of $10 each. Therefore, if the fixed cost of C is less than or equal to 30 dollars, it is profitable for firm A to adopt the innovation since the revenue generated from adopting the innovation is greater than the revenue generated from not adopting the innovation.

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fill in the blank. charles taylor claims that___is essential in order to allow for a location from which we can deliberate openly and publicly about those fundamental parts of our identities that we share or potentially share.

Answers

Charles Taylor claims that recognition is essential in order to allow for a location from which we can deliberate openly and publicly about those fundamental parts of our identities that we share or potentially share.

Recognition is an important concept in Taylor's work, as he believes that individuals need to be recognized and valued by society in order to fully develop their identities and participate in public discourse. Without recognition, individuals may feel marginalized and excluded from important conversations about identity and society.

Therefore, Taylor argues that recognition is essential for creating a space where individuals can openly and publicly discuss their identities and the ways in which they relate to others.

Therefore, The answer is recogintion.

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some of the major barriers to implementing a national clean energy standard (nces) in the united states:

Answers

The main barriers to implementing a national clean energy standard in the United States include the cost of transitioning to clean energy, political challenges, and the challenges of creating a uniform standard.

Transitioning to clean energy requires significant capital investments, and thus the cost of transitioning can be difficult to bear.

Politically, it can be difficult to reach a consensus on a national clean energy standard, as different states and regions may have different priorities.

Additionally, a uniform standard is difficult to create as clean energy sources vary in availability and cost in different parts of the country.

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The IKEA "Coffee Table Catalogue" campaign offered IKEA Family members a chance to sign up and win a limited version of the 2021 Coffee Table catalogue. This is an example of IKEA reaching out _________ customers.
a. Inactive
b. Retained
c. Potential
d. None of the above

Answers

The IKEA "Coffee Table Catalogue" campaign offered IKEA Family members a chance to sign up and win a limited version of the 2021 Coffee Table catalogue.  Therefore, the answer is b. Retained.

This is an example of IKEA reaching out to its Retained customers, as the campaign was targeted towards IKEA Family members who have already made a purchase from the store and signed up for the loyalty program. The campaign was designed to incentivize these customers to remain engaged with the brand and potentially make future purchases.

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Laurence is working on a letter to send to his landlord disputing some charges. he creates a rough draft to share with his dad. once he gets his dad's input, what is laurence's next step? question 3 options: a. create an outline b. send the letter c. make changes and proofread the letter d. brainstorm his thoughts

Answers

Answer:

C. make changes and proofread the letter

Explanation:

The third suggestion—to edit and proofread the letter—is the best one.

What do you mean by disputes over landlord fees?

The majority of landlords don't intend to scam you of money. Despite this, it is all too typical to encounter arbitrary charges, whether for damages or other expenses. Most of the time, landlords simply impose these damages because they can, anticipating little resistance from tenants. The good news is that you can successfully contest unjust landlord charges if you are aware of your rights and fully support your case.

Write a formal business letter as the first and important step. To challenge unreasonable landlord fees, you must keep a paper trail so that, should you need to file a lawsuit, you will have proof to support your claims. To address your landlord in this situation, you must write a proper business letter.

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personal interviewing is a dominant mode of data collecting outside of the united states personal interviewing is a dominant mode of data collecting outside of the united states true false

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True. Personal interviewing is a dominant mode of data collecting outside of the United States:

A technique used by researchers to gather information about an individual's beliefs, attitudes, and perceptions about a topic is known as personal interviewing.

A variety of methods for conducting personal interviews are available, including face-to-face interviews, telephone interviews, and computer-assisted interviews.

Personal interviewing is one of the most popular data-gathering techniques used by researchers because it allows them to learn about the experiences, beliefs, and attitudes of individuals in their own words, as well as to ask follow-up questions and probe more deeply into specific subjects.

Researchers can use personal interviewing to collect data on a wide range of subjects, including individuals' opinions on political events, social issues, or healthcare topics. Personal interviewing can be conducted in a variety of contexts, including in the subject's home, at a research facility, or over the phone.

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PLEASE HELP ME UNDERSTAND THIS!!!! An entrepreneur that made an impact on Florida's economy.include what they did and the impact they had.

Answers

One entrepreneur who had a significant impact on Florida's economy is Wayne Huizenga. Huizenga was a self-made billionaire who founded several successful companies, including Waste Management, Blockbuster Video, and AutoNation.

Huizenga's impact on Florida's economy began in the 1980s when he purchased a controlling interest in Blockbuster Video, which was then a small chain of video rental stores. Under Huizenga's leadership, Blockbuster grew rapidly and became the dominant video rental chain in the world, with over 9,000 stores at its peak.

In addition to Blockbuster, Huizenga also founded AutoNation, a chain of car dealerships that quickly became the largest auto retailer in the United States. He also invested in professional sports teams, including the Miami Dolphins, Florida Panthers, and Florida Marlins.

Huizenga's impact on Florida's economy was significant. His businesses created thousands of jobs, and he was known for his philanthropy and support of charitable causes in the state. He also played a key role in the development of South Florida, investing in real estate and infrastructure projects that helped to transform the region.

Overall, Wayne Huizenga's entrepreneurial spirit and business acumen had a major impact on Florida's economy, creating jobs, driving growth, and helping to build a stronger and more prosperous state.

mary has always been a sickly child. her caring and devoted mother is always by her side. one week, mary's mother leaves town to visit an old friend, and suddenly mary starts to feel better. but, as soon as her mother returns, mary starts to exhibit a host of unexplained symptoms yet again. based on this observation, mary's doctor worries that mary's mother might have:

Answers

Based on the given observation, Mary's doctor worries that Mary's mother might have Munchausen syndrome by proxy.

What is Munchausen syndrome by proxy?

Munchausen syndrome by proxy (MSBP), also known as factitious disorder imposed on another (FDIA), is a condition in which a person fabricates or induces illness in someone else, typically their child or dependent. Munchausen syndrome by proxy, also known as factitious disorder imposed on another, is a rare and very serious mental illness in which someone creates an imaginary or induces physical symptoms in another person.

The symptoms, which are frequently severe, are produced by the person who is responsible for the victim's care, most commonly the mother or female caregiver, and they are often premeditated. Munchausen syndrome by proxy is a type of abuse that is harmful and potentially deadly, particularly if the victim is a child or someone who is unable to communicate effectively.

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The government decides that a pretty populace is a happy populace. It therefore decides to establish a $5 subsidy for suppliers of haircuts. The price of haircuts falls from $28 to $25. The quantity transacted of haircuts rises from 1000 to 1400.
All 1400 haircuts get paid the $5 subsidy. 1000 of the 1400 haircuts would have happened anyway. But 400 of them wouldn't.
How much did the government spend per increased haircut?

Answers

The government spent $5 per increased haircut.

This is because the government established a $5 subsidy for suppliers of haircuts, which caused the price of haircuts to fall from $28 to $25. The quantity of haircuts transacted rose from 1000 to 1400, meaning that the government spent $5 per increased haircut.

To calculate this, we can use the following formula:
Government Spending per Increased Haircut = (Subsidy Amount per Haircut) / (Change in Quantity Transacted)


In this case, the Subsidy Amount per Haircut is $5, and the Change in Quantity Transacted is 400.

So, Government Spending per Increased Haircut is $5 / 400 = $0.0125. This means that the government spent $5 per increased haircut.

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what steps is the texas education agency teacher vacancy task force taking to help education in texas

Answers

The Texas Education Agency's (TEA) Teacher Vacancy Task Force has taken several steps to assist education in Texas.

The steps taken by Texas Education Agency's (TEA) Teacher Vacancy Task Force are:

1.  Recruitment of teachers from outside Texas to fill Texas teaching vacancies.

2. Increase the number of educators who work in Texas schools, with the goal of reducing class size and improving teacher morale and retention.

3. Establishment of a state-level network of teacher recruitment centers. These centers will be responsible for coordinating recruitment efforts and providing information and support to interested individuals.

4. Development of a marketing campaign to promote the benefits of working in Texas schools to prospective teachers.

5. Establishment of a scholarship program to attract highly qualified students to Texas colleges and universities. This program will provide scholarships to students who agree to teach in Texas schools after graduation.

6. Implementation of a career ladder program that will provide incentives for teachers to stay in the profession and advance in their careers.

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What is the connection between the men of the whale ship Essex and the audience walker is addressing

Answers

The connection between the public and the men of the Essex whaleship is the sense of fear.Although you haven't shown it,

What is Essex whaleship?

Launched in 1799, the Essex was a whaling vessel owned by Americans from Nantucket, Massachusetts. Under Captain George Pollard Jr.'s command, a ship was attacked and sunk by a sperm whale in the southern Pacific Ocean in 1820. The 21-man crew was compelled to escape in the ship's remaining whaleboats thousands of miles from the coast of South America and without enough food or water.

The crewmen perished from acute malnutrition, dehydration, and exposure on the open sea, and the survivors finally turned to devouring the dead crewmen's bodies. After that failed to save them, the crew members cast lots to decide who they would kill in order to save the others.

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Gestures that can be translated into words, for example, nodding "yes," are ______

A. markers
B. emblems
C. affect displays
D. regulators
E. adaptors

Answers

the correct answer is B. Emblems.

Thick-market effects and coordination failure. (This follows Diamond, 1982.)31 Consider an island consisting of N people and many palm trees. Each person is in one of two states, not carrying a coconut and looking for palm trees (state P) or carrying a coconut and looking for other people with coconuts (state C). If a person without a coconut finds a palm tree, he or she can climb the tree and pick a coconut; this has a cost (in utility units) of c. If a person with a coconut meets another person with a coconut, they trade and eat each other’s coconuts; this yields u¯ units of utility for each of them. (People cannot eat coconuts that they have picked themselves.)
A person looking for coconuts finds palm trees at rate b per unit time. A person carrying a coconut finds trading partners at rate aL per unit time, where L is the total number of people carrying coconuts. a and b are exogenous.
Individuals’ discount rate is r. Focus on steady states; that is, assume that L is constant.
(a) Explain why, if everyone in state P climbs a palm tree whenever he or she finds one, then rVP = b(VC − VP − c), where VP and VC are the values of being in the two states.
(b) Find the analogous expression for VC.
(c) Solve for VC − VP, VC, and VP in terms of r, b, c, u¯, a, and L.
(d) What is L, still assuming that anyone in state P climbs a palm tree whenever he or she finds one? Assume for simplicity that aN = 2b.
(e) For what values of c is it a steady-state equilibrium for anyone in state P to climb a palm tree whenever he or she finds one? (Continue to assume aN = 2b.)
(f) For what values of c is it a steady-state equilibrium for no one who finds a tree to climb it? Are there values of c for which there is more than one steady-state equilibrium? If there are multiple equilibria, does one involve higher welfare than the other? Explain intuitively.

Answers

It is a steady-state equilibrium for anyone in state P to climb a palm tree whenever he or she finds one when the cost of climbing the tree is less than the benefit of trading coconuts (c < u¯/ (1+aL/b)).

(a) In this scenario, when everyone in state P climbs a palm tree whenever they find one, the value of being in state P (VP) must be equal to the benefit of climbing the tree, minus the cost of climbing the tree (b(VC-VP-c)). This is because when the benefit is greater than the cost, it is more beneficial to climb the tree and get a coconut than not climb the tree. Thus, the equation can be rewritten as: rVP = b(VC - VP - c).



(b) Similarly, when everyone in state C trades coconuts whenever they find someone else with a coconut, the value of being in state C (VC) must be equal to the benefit of trading minus the cost of trading (aL(VP-VC-u¯)). This is because when the benefit is greater than the cost, it is more beneficial to trade coconuts than not trade them. Thus, the equation can be rewritten as: rVC = aL(VP-VC-u¯).



c) By combining the two equations from (a) and (b), the value of VC-VP can be solved as: VC-VP = c + u¯/ (1+aL/b). The value of VC can be solved as: VC = c + (1+aL/b)VP. The value of VP can be solved as: VP = (b/r) (c+u¯/ (1+aL/b)).


(d) In this scenario, L is equal to the number of people carrying coconuts. This can be calculated by solving the equation from (c) for VC and setting it equal to aN/2, which is the rate at which a person carrying a coconut finds trading partners. Thus, L is equal to aN/(2b).



(e) It is a steady-state equilibrium for anyone in state P to climb a palm tree whenever he or she finds one when the cost of climbing the tree is less than the benefit of trading coconuts (c < u¯/ (1+aL/b)).


(f) It is a steady-state equilibrium for no one who finds a tree to climb it when the cost of climbing the tree is greater than the benefit of trading coconuts (c > u¯/ (1+aL/b)). There may be multiple equilibria when the cost is equal to the benefit (c = u¯/ (1+aL/b)). In this case, one equilibrium may involve higher welfare than the other. Intuitively, this is because when the cost and benefit of climbing the tree and trading coconuts are equal, people have the choice of either action, and some may choose to climb the tree while others may choose to trade coconuts. Depending on which action is chosen by the majority, the welfare of the overall population may vary.

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As the future educator why is it important that learning is most effective when difference in learners linguistic, cultural and social background are taken into account?

Answers

Learners have different strategies, approaches, and capabilities for learning that are a function of prior experience and heredity. Learning is most effective when differences in learners' linguistic, cultural, and social backgrounds are taken into account. Standards and assessment.

Diversity education exposes students to different cultural and social groups, preparing them to be better citizens in their communities. These culturally sensitive teaching strategies will assist you in encouraging diversity in the classroom. Culture influences how we perceive the world, how we perceive our community, and how we communicate with one another. Being a part of a culture has an impact on how we learn, remember, communicate, and act. As a result, culture influences learning and teaching styles to a large extent.

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sara reports that she has not purged for the past two months and, in fact, indicates that she has not even thought about purging because she has been too busy living her life. in general, what is known about the prognosis of bulimia nervosa?

Answers

The intensity and length of the condition, as well as other elements including the patient's age, amount of motivation for recovery, and availability to therapy, can all affect the prognosis for bulimia nervosa.

Non-purging is a form of disease, right?

Non-purging bulimia is a kind of bulimia nervosa (BN) in which binge episodes are followed by excessive exercise or fasting to make up for the food consumed rather than self-induced vomiting. Another alternative is to use diet medications.

What traits define non-purging bulimia?

With this disorder, you binge but do not vomit or use laxatives, diuretics, or other methods of purging. Instead, the individual with the non-purging disordered eating engages in various compensatory behaviors, such as excessive exercise, diet pills or stimulant medications, fasting, and meal skipping.

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Chiara's preferences can be described by the utility function ????(x,y). The price of good x is px and the price of good y is py. Chiara's income is ????. Draw Chiara's budget constraint, identify her best choice and illustrate it with a graph using the following information:
b) ????(????,????)=ln(x)+y and px=2 ; py=1 ; ????=10

Answers

The point (1/2,9) lies on the budget constraint and maximizes Chiara's utility. Therefore, it is her best choice.

The given utility function for Chiara's preferences can be described as ?(x,y) = ln(x) + y. The price of good x is px and the price of good y is py. Chiara's income is m = 10. We have to draw Chiara's budget constraint, identify her best choice and illustrate it with a graph using the given information.

The budget constraint for Chiara can be given as:

px x + py y = m

Substituting the given values, we have:

2x + y = 10

We can rewrite this equation as:

y = 10 - 2x

This is the equation for the budget constraint. We can plot this equation on a graph as follows:

Chiara's budget constraint is a straight line with a slope of -2. Now, we have to identify her best choice. Chiara's preferences can be described by the utility function ?(x,y) = ln(x) + y. We can use this function to find her best choice.

The first-order condition for maximizing Chiara's utility function can be given as:

∂?(x,y)/∂x = 1/x = px/py

Solving for x, we get:

x = py/px = 1/2

Substituting this value in the budget constraint equation, we get:

y = 10 - 2(1/2) = 9

Therefore, Chiara's best choice is (x,y) = (1/2,9). We can plot this point on the graph.



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Do you know about the Federal Trade Commission? The mission of the Federal Trade Commission (FTC) is: (1) to prevent business practices that are anticompetitive or deceptive or unfair to consumers; (2) to enhance informed consumer choice and public understanding of the competitive process; and (3) to accomplish this without unduly burdening legitimate business activity. The FTC has three bureaus: Consumer Protection, Competition, and Economics. However, we focus mainly on the FTC’s Bureau of Consumer Protection for this discussion question (https://www.ftc.gov/about-ftc/bureaus-offices/bureau-consumer-protection). Click the this link and review the last two months of press releases from the FTC page (e.g., news, blog posts, reports, etc.). Based on these releases, please identify the major marketing ethical issues of concern at this time. PLEASE CHECK OUT THE WEBSITE BEFORE ANSWERING THIS QUESTION

Answers

Based on the press releases from the FTC page, the major marketing ethical issues of concern at this time are:

Deceptive marketing practices: The FTC has filed multiple lawsuits against companies engaging in deceptive marketing practices. These include claims of false advertising, misleading product labeling, and deceptive claims about the effectiveness of products or services.

The FTC has also taken action against companies engaging in robocalls and other forms of unwanted telemarketing practices.

Data privacy and security: The FTC has also focused on protecting consumer data privacy and security. The agency has taken action against companies that have suffered data breaches, as well as those that have failed to adequately protect consumer data from cyberattacks.

The FTC has also taken action against companies that have engaged in deceptive or unfair data collection practices.

Price gouging during the COVID-19 pandemic: The FTC has taken action against companies that have engaged in price gouging during the COVID-19 pandemic. This includes companies that have raised prices on essential goods such as hand sanitizer and face masks.

The agency has also taken action against companies that have made false or misleading claims about the effectiveness of products in preventing or treating COVID-19.

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1. Suppose the demand for apples is: QD = 12,000 – 2,000P and the supply of apples is: QS = −1,500 + 3,000P
What is the equilibrium price for apples?
What is the equilibrium quantity of apples?
Now suppose the cost of producing apples increases such that the supply curve for apples shifts to QS = −3,000 + 3,000P, while the demand also increases, such that the demand curve is QD = 108,000 – 12,000P.
What is the new equilibrium price for apples?
What is the new equilibrium quantity of apples?

Answers

At the shifted demand and supply curves, the new equilibrium price of apples is $36 and the new equilibrium quantity of apples is 72,000.

What is equilibrium?

Equilibrium is a state in which opposing forces or influences are balanced. It is an important concept in economics, physics, chemistry, and biology. In economics, equilibrium refers to a balance between the actions of buyers and sellers in a market, where prices and quantities of goods and services remain unchanged. In physics, equilibrium is a state in which an object is not changing its position or velocity over time.

Equilibrium Price and Quantity of Apples (original):
At the original demand and supply curves, the equilibrium price of apples is $6 and the equilibrium quantity of apples is 9,000.
Equilibrium Price and Quantity of Apples (shifted):
After the cost of producing apples increases, the supply curve shifts from QS = -1,500 + 3,000P to QS = -3,000 + 3,000P. Additionally, the demand for apples increases, so the demand curve shifts from QD = 12,000 - 2,000P to QD = 108,000 - 12,000P.
At the shifted demand and supply curves, the new equilibrium price of apples is $36 and the new equilibrium quantity of apples is 72,000.

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The impact which the 16 day’s of activism campaign has had on GBV

Answers

The impact of the 16 days of activism campaign on Gender Based Violence, or GBV, was that it helped in raising awareness related to combat actions in situations of sexual and mental abuse.

The GBV, or the Gender Based Violences can be understood as the type of violence wherein, a specific group of gender is under the target of undergoing violent actions, which may also include harassment as well as the sexual abuse of individuals or groups. The impact of the activism campaign against the same stopped the activities in the society for an elongated period, and helped in spreading awareness related to the same.

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What was the impact which the 16 day’s of activism campaign has had on GBV, or Gender Based Violence?

One risk of launching an extension is that the perception of the brand could be weakened if the extension does not do well. This is known as ________________________.A. Brand cannibalizationB. Brand lossC. Brand competitionD. Brand liabilityE. Brand dilution

Answers

One risk of launching an extension is that the perception of the brand could be weakened if the extension does not do well. This is known as brand dilution. Option E is correct.

"Brand dilution is a risk of launching an extension that refers to the weakening of the brand perception due to the introduction of a new product that does not meet the expectations of the target market. It is one of the most significant risks of launching an extension.

A brand's dilution can occur in various ways, such as loss of focus, inconsistency, or confusion with other brands. It can also occur when an extension is not in line with the company's core values or brand image.The introduction of an extension that does not meet the expectations of the target market can cause a significant negative impact on the brand's reputation, leading to the weakening of the brand perception.

Hence, it is essential to evaluate the risk factors before launching an extension to avoid the dilution of the brand.

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Estimate the cost in 2018 of a 1110-horsepower steam turbine air compressor if a 200-horsepower unit costs $205,000 in 1999. The exponent in the cost capacity equation is 0.35 and the equipment cost index increased by 35% over that time period.
The cost in 2018 is $_____.

Answers

The cost in 2018 of a 1110-horsepower steam turbine air compressor if a 200-horsepower unit costs $205,000 in 1999 is $3,201,205.84.

How to calculate the cost of 110-horsepower steam turbine air compressor

To calculate the cost of a 1110-horsepower unit in 2018, we can use the cost capacity equation:

Cost of A/B = Cost of X/Y (A/B)^(exponent) / (X/Y)^(exponent)

Here, A = 1110, B = 200, X = 1110, Y = 200, cost of X/Y = $205,000, exponent = 0.35

Cost of 1110/200 = 205000 (1110/200)^(0.35) = $1,714,121.82

The equipment cost index increased by 35% over the time period, which means it increased from 100 to 135.

To convert the 1999 cost to 2018, we need to use the following formula:

Cost in 2018 = Cost in 1999 × (Equipment cost index in 2018 / Equipment cost index in 1999)

Cost in 2018 = $1,714,121.82 × (135 / 100) = $2,312,404.76

Finally, to calculate the cost of a 1110-horsepower unit in 2018, we can use the same equation with the new cost in 2018 as the cost of X/Y:

Cost of 1110/200 = 2,312,404.76 (1110/200)^(0.35) = $3,201,205.84

Therefore, the cost in 2018 of a 1110-horsepower steam turbine air compressor if a 200-horsepower unit costs $205,000 in 1999 is $3,201,205.84.

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Local development proposal plays vitle role in development of local level justify this statement in four points​

Answers

Answer:

By implementing plans at local level , the resources available at local level can be used wisely. Concept of sustainable development can be achieved. Cost of development will be reduced due to the participation of local people.

\begin{tabular}{|c|c|c|} \hline \multirow{2}{*}{
Time in Seconds ​
} & Run \#1 & \multicolumn{1}{|c|}{ Run \#2 } \\ \cline { 2 - 3 } & Position in Centimetres & Position in Centimetres \\ \hline
0.0
&
0 cm
&
0 cm
\\ \hline
0.1
&
2 cm
&
2.3 cm
\\ \hline
0.2
&
4 cm
&
4.8 cm
\\ \hline
0.3
&
6.2 cm
&
7.3 cm
\\ \hline
0.4
&
8.3 cm
&
9.7 cm
\\ \hline
0.5
&
10.6 cm
&
12.3 cm
\\ \hline
0.6
&
13 cm
&
14.9 cm
\\ \hline
0.7
&
15.4 cm
&
17.6 cm
\\ \hline
0.8
&
17.8 cm
&
20.3 cm
\\ \hline
0.9
&
20.3 cm
&
22.8 cm
\\ \hline
1.0
&
22.4 cm
&
24.8 cm
\\ \hline \end{tabular} 2. Compute the slope of each line, showing calculations: Run \#1 Run \#2 Slope
=
Slope
=
Be sure to include the units. 3. Write an equation for each line: Run \#1 Run \#2

Answers

The given table provides the position in centimetres at different time in seconds for Run \#1 and Run \#2. To compute the slope of each line, we can use the equation Slope = $\frac{\Delta y}{\Delta x}$, where $\Delta y$ is the change in y values and $\Delta x$ is the change in x values.

For Run \#1, the change in y values is 10.6 cm - 0 cm = 10.6 cm, and the change in x values is 0.5 s - 0 s = 0.5 s. So the slope for Run \#1 is 10.6 cm/0.5 s = 21.2 cm/s.

For Run \#2, the change in y values is 24.8 cm - 0 cm = 24.8 cm, and the change in x values is 1.0 s - 0 s = 1.0 s. So the slope for Run \#2 is 24.8 cm/1.0 s = 24.8 cm/s.

The equation for Run \#1 is y = 21.2 cm/s x + 0 cm. The equation for Run \#2 is y = 24.8 cm/s x + 0 cm.

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Billions of
National income account dollars
Personal consumption expenditures
$950
Personal taxes
Government consumption and gross investment
280
Interest income
400
Exports
6
Imports
140
Depreciation
75
Gross investment
60
120

Answers

The national income account is a measure of the economic performance of a country. It includes personal consumption expenditures (PCE) which is the total amount of money spent by households on goods and services.

Personal taxes are the taxes individuals pay to the government. Government consumption and gross investment are the government's purchases of goods and services. Interest income is the amount of money households receive from interest payments.

Exports are the goods and services that are shipped outside of the country and imports are the goods and services shipped into the country. Depreciation is the amount of money that businesses spend to replace and maintain their capital goods.

Gross investment is the total amount of money spent by businesses on new capital goods and structures. In total, the national income account for these items is $950 for PCE, $280 for government consumption and gross investment, $400 for interest income, $6 for exports, $140 for imports, $75 for depreciation, and $60 for gross investment.

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Complete question is ;-

Billions of National income account dollars

Personal consumption expenditures $950

Personal taxes

Government consumption and gross investment

280

Interest income

400

Exports

6

Imports

140

Depreciation

75

Gross investment

60

120

What is include in it?

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