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Identify a market failure(s) discussed in class that the government regulation attempted to address.

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The cost of a case of frozen soup is $ 24.75 per case, and the case contains 4 bags x 2 L. One portion of soup is 175 mL How many bowls of soup can we get from 1 case of frozen soup (round to full bowl)? How much does a bowl of soup cost?

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The area of a rectangular playing field is 20m^(2), If the length is increased by 3m and the width by 1m, the playing field will double in area. Determine the dimension of the larger playing field. Only giving the integer dimension.

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\[ \text { Gross Profit Margin }=\frac{\text { Gross Profit }}{\text { Sales }} \quad \begin{array}{l} \text { It is a measure of the proportion of revenue left } \\ \text { after accounting for production costs. } \end{array} \] after accounting for production costs. \[ \text { Net Profit Margin }=\frac{\text { Net Income After Tax }}{\text { Sales }} \] Measures how much net income or profit is generated as a percentage of revenue. \[ \text { Inventory turnover }=\frac{\text { Cost of goods sold }}{\text { Inventory }} \] A financial ratio showing how many times a company has sold and replaced inventory during a given period. MIND CHALLENGE \#1 Shown below are selected accounts in the financial statement of AMS Company as of Dec.31, 2018. \begin{tabular}{|l|l|} \hline \multicolumn{2}{|c|}{ Values in Pesos } \\ \hline Sales & $ 1,000,000 $ \\ \hline Gross Profit & 500,000 \\ \hline Net income After Tax & 200,000 \\ \hline Cash & 100,000 \\ \hline Accounts Receivable & 100,000 \\ \hline Inventory & 100,000 \\ \hline Accounts Payable & 100,000 \\ \hline Net Fixed Assets & 500,000 \\ \hline Total Assets & 800,000 \\ \hline Total Equity (Capital) & 700,000 \\ \hline \end{tabular} Compute for the following and interpret and analyze the result. 1. Net Profit Margin 2. Cost of Goods sold 3. Current Ratio 4. Total Liabilities and Equity 5. Gross Profit Margin 6. Inventory Turnover 7. Asset turnover 8. Net Profit Margin 9. Return on Investments 10. Debt Ratio 16 / 22

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In a closed economy, the equilibrium interest rate in the loanable funds market is 8%. If the government implements a policy that decreases the budget deficit, how would this affect the equilibrium interest rate? Assume other factors remain constant.

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Complete the description of the piecewise function graphed below. f(x) = \begin{cases} & \text{if } -6 \le x \le -2 \\ & \text{if } -2 < x \le 1 \\ & \text{if } 1 < x \le 6 \end{cases}

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Cloudy Company manufactures pipes and applies manufacturing overhead costs to production at a budgeted indirect cost allocation rate of $21 per direct labour hour. The data in the table are obtained from the accounting records for June of the current year. (Click the icon to view the table.) For June, manufacturing overhead was _____ Table A. underallocated by $32,000 B. underallocated by $30,000 C. neither underallocated or overallocated D. overallocated by $61,000 E. overallocated by $5,000 Direct materials $320,000 Direct labour (8,000 hours @ $14/hour) $112,000 Indirect labour $32,000 Plant facility rent $55,000 Depreciation on plant machinery and equipment $20,000 Sales commissions $28,000 Administrative expenses $40,000

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Texts: 01. Referring to Fig 2d and the attached table, determine whether the average pre-tax income of the top 10%, top 5%, top 1% of households by income has increased or decreased in the recession years of 1980-81, 1990-91, and 2001 (as compared to the immediately prior year). Increased decreased QUESTION 202. Referring to Fig 2d and the attached table, determine whether the average pre-tax income of the top 10%, top 5%, top 1% of households by income has increased or decreased following the major tax cut years of 1982, 1987, and 2002-03. Increased decreased QUESTION 303. Referring to Fig 2d and the attached table, determine whether the average federal individual income tax payments of the top 10%, top 5%, top 1% of households by income have increased or decreased in the recession years of 1980-81, 1990-91, and 2001 (as compared to the immediately prior year). Increased decreased QUESTION 404. Referring to Fig 2d and the attached table, determine whether the average federal individual income tax payments of the top 10%, top 5%, top 1% of households by income have increased or decreased following the major tax cut years of 1982, 1987, and 2002-03. Increased decreased QUESTION 505. Referring to Fig 2d, the attached table, and your answers to questions 1 through 4, is it reasonable to infer that pre-tax income is a more important determinant of tax revenue than tax rates (assuming that tax cuts are expected to decrease tax revenue)? YES No QUESTION 606. Referring to Fig 4b and the attached table, determine whether the shares of federal individual income taxes paid by the top 10%, top 5%, top 1% of households by income have increased or decreased in the recession years of 1980-81, 1990-91, and 2001 (as compared to the immediately prior year). Increased decreased QUESTION 707. Referring to Fig 4b and the attached table, determine whether the shares of federal individual income taxes paid by the top 10%, top 5%, top 1% of households by income have increased or decreased following the major tax cut years of 1982, 1987, and 2002-03. Increased decreased QUESTION 808. Referring to Fig 4b and the attached table, what is remarkable about the shares of federal individual income taxes paid by the bottom 40% of households by income since 2002? a) The share of federal individual income taxes paid by the bottom 40% has not changed much. b) The share of federal individual income taxes paid by the bottom 40% has been increasing. c) The share of federal individual income taxes paid by the bottom 40% has been decreasing. d) The share of federal individual income taxes paid by the bottom 40% has turned negative. QUESTION 909. Referring to Fig 4b, the attached table, and your answers to questions 7 and 8 above, is it reasonable to infer that income tax rate cuts tend to increase the share of taxes paid by top income taxpayers? YES NO QUESTION 1010. In 1979, the share of federal individual income taxes paid by the bottom 80% of taxpayers by income is ______%. QUESTION 1111. In 2007, the share of federal individual income taxes paid by the bottom 80% of taxpayers by income is ______%. QUESTION 1212. Referring to Fig 4b, the attached table, and your answers to questions 7, 8, 10, and 11 above, and assuming the "share" of taxes paid is the measure of a "fair share," is it reasonable to infer that the rich DO pay their fair share of federal individual income taxes, especially as compared to the bottom 80% of taxpayers by income? YES NO QUESTION 13(1a) The Net federal government saving (budget deficit) for the 4th quarter of 2019 is: $______ billions. Fig 2d. Avg pre-tax income & Avg federal tax payments by income class; Tax changes & Recessions Sources: NBER, Tax Found., CBO. (Avg federal tax payments = avg. pre-tax income - avg after-tax income) Recession years 2000 600 Major tax cuts 1800 tax increases 1600 avg. pre-tax income of Top 1% avg. pre-tax income of 1400 Top 5% avg. pre-tax income of avg. pre-tax income in thousands of $ Top 10% 1200 avg. pre-tax income of Highest Quintile avg. pre-tax income of 1000 All Quintiles Avg. federal taxes paid by Top 1% 800 X Avg. federal taxes paid 600 Avg. federal taxes paid by Top 10% Avg. federal taxes paid 400 by Highest Quintile Avg. federal taxes paid by All Quintiles 200 500 of 400 thousands 300 i! tax payments 200 BAB 100 0 1979 1980 1982 1983 1984 1985 1986 1988 1989 1990 1992 1996 1997 2000 2001 2002 2003 2004 2005 2006 2007 2000 2000 2000 2000 Recession years Major tax cuts Tax increases Avg. pre-tax income of Top 1% 2000 2000 2000 2000 2000 2000 2000 2000 2000 2000 550.0 518.5 514.9 537.1 695.1 904.8 731.4 921.1 857.2 822.6 741.5 6048 807.9 833.0 918.1 1012.6 1161.2 1304.3 1419.6 1551.3 1227.8 1087.6 1160.7 1380.0 1660.4 1790.8 1873.0 248.8 236.9 232.7 238.0 250.6 274.7 285.9 344.3 305.2 346.6 338.2 324.5 304.7 330.3 323.8 334.3 358.7 384.4 423.7 461.9 492.3 522.4 797.0 406.9 430.4 485.9 555.5 582.4 611.2 avg. pre-tax income of Top 10% 182.8 176.7 174.5 176.1 184.4 199.7 206.4 238.6 220.0 41.6

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Problem1. Find $I_{RMS}$ for the following waveform: $i(t)$ (A) 2 0 2 3 4 6 7 $t(s)$

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2. With reference to the figure below, determine the weight of the block that is hung at mid-point between 0 and 20 cm. (Assume a 100 cm ruler of uniform density which is balanced at the center of mass at 50 cm mark) 0 20 40 60 80 100 ?N 60 N I

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jose h.