1. (Measurement error with a binary regressor) The true population regression model is y = Bo+B₁ + u. Let Assumptions MLR. 1-MLR.4 hold for this model, and in particular E[ur] = 0. z is binary (taking values of 0 and 1 only), but it is unobserved. Suppose that we have a (possibly) noisy measurement of r*, denoted by 2, which is also binary. Assume Elur, x] = E[ur*]. (a) Show that Elyr = 1] = (30 +3₁)P(r = 1r = 1) + BoP(x* = 0x = 1), Elyr=0]= (30 +3₁)P(x = 1|r=0) + P(x* = 0 = 0). Hint: Use law of iterated expectation, e.g., Elyr = 1] = E[y|zx = 1,2* = 1] x P(x* = 1|x = 1) + Ey|x = 1,2* = 0] x P(r = 0x = 1). (b) Let 3₁ be the OLS estimator of 3₁ from regressing y on z. Show that 3₁ +3₁ (P(2* = 0x = 0) - P(z* = 0r = 1)) Hint: Use part (a) above, law of large numbers and the conclusion of Question 1, part (b) in Problem Set 1. That is, the OLS estimator 3₁ = 1-0 where is the average of y, over the part of the sample with 2₁ = 1, and yo is the average of y, over the part of the sample with z; = 0. (c) Suppose the probability of the observed measurement z being misclassified is zero. That is, P(r = 0|z = 1) = P(x = 1|x = 0) = 0. What is the probability limit of 3₁ in this case? Explain the intuition for your result. (d) Suppose the probability of the observed measurement z being misclassified is one. That is, P(r = 0|r= 1)=P(r = 1 r = 0) = 1. What is the probability limit of 3₁ in this case? Explain the intuition for your result. (e) Suppose the probability of the observed measurement z being misclassified is 0.5. That is, P(r=0x = 1) = P(z* = 1x = 0) = 0.5. What is the probability limit of 3, in this case? Explain the intuition for your result.

Answers

Answer 1

(a)  E[y|z,2*] = (30 + 3B₁)P(r = 1|z = 1) + BoP(z* = 0|x = 1), E[y|z,2*] = (30 + 3B₁)P(z = 1|r = 0) + P(z* = 0|x = 0). It can be determined by using the law of iterated expectation. (b) in Problem Set 1 that 3₁ is the OLS estimator for y on z, which is defined as 3₁=1-0. (c) Since P(r = 0|z = 1) = P(x* = 1|x = 0) = 0, there is no measurement error in z, so 3₁ is still consistent for 3₁, which means that the limit of P(3₁=3₁) is equal to 1 as n increases to infinity.(d) Since P(r = 0|r= 1)=P(r = 1 r = 0) = 1, z is no longer useful for predicting r, and 3₁ is no better than a random guess.

By applying the law of large numbers and part (a) above, we get the desired result 3₁ +3₁ (P(2* = 0|x = 0) - P(z* = 0|r = 1)). (c) Since P(r = 0|z = 1) = P(x* = 1|x = 0) = 0, there is no measurement error in z, so 3₁ is still consistent for 3₁, which means that the limit of P(3₁=3₁) is equal to 1 as n increases to infinity. (d) Since P(r = 0|r= 1)=P(r = 1 r = 0) = 1, z is no longer useful for predicting r, and 3₁ is no better than a random guess. As a result, the limit of P(3₁=3₁) is 0.5. (e) When P(z* = 1|x = 0) = P(r=0x = 1) = 0.5, the measurement error is symmetric, and the consistency of 3₁ is determined by the strength of the relationship between z and y. If z and y are highly correlated, 3₁ will still be consistent for 3₁ as n goes to infinity, but if z and y are weakly correlated, 3₁ will be inconsistent for 3₁, and the limit of P(3₁=3₁) will be less than 1.

The OLS estimator has the lowest possible variance. This property is essentially a method for figuring out which assessor to utilize. A bad estimator is one that is impartial but lacks the minimum variance. The most effective (and efficient) estimator is one that is impartial and has the lowest variance of all other estimators

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Related Questions

Describe TWO (2) hygiene factors that could contribute to
dissatisfaction.(4 marks)

Answers

Two hygiene factors that could contribute to dissatisfaction in the workplace are inadequate salary and poor working conditions. Organizations should prioritize fair compensation and provide a safe and conducive working environment for employee morale and well-being.

A low or insufficient salary can lead to dissatisfaction among employees. When individuals feel that their compensation is not commensurate with their skills, experience, or the market value of their work, they may become dissatisfied. It can create a sense of unfairness and demotivation, impacting job satisfaction and overall morale.

Unfavorable working conditions such as uncomfortable physical environments, lack of proper equipment, or safety hazards can also contribute to dissatisfaction. When employees are subjected to unpleasant or unsafe working conditions, it can affect their well-being, productivity, and job satisfaction. Issues like inadequate lighting, excessive noise, or lack of ergonomic facilities can lead to frustration and dissatisfaction.

These hygiene factors, while not directly linked to job satisfaction, can significantly impact employees' level of dissatisfaction if they are not adequately addressed by employers. Organizations should prioritize fair compensation and provide a safe and conducive working environment to minimize the negative effects of these hygiene factors on employee morale and well-being.

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please hurry its timed!!
How much time will be needed for $27,000 to grow to $28,940.19 if deposited at 7% compounded quarterly?

Answers

It will take approximately 3.5 years for the $27,000 investment to grow to $28,940.19 with a 7% interest rate compounded quarterly.

To calculate the time needed for an investment to grow, we can use the formula for compound interest:

A = P(1 + r/n)^(nt)

Where:

A = the future value of the investment

P = the principal amount (initial deposit)

r = the annual interest rate (as a decimal)

n = the number of times interest is compounded per year

t = the time period in years

In this case, we have:

P = $27,000

A = $28,940.19

r = 7% or 0.07 (as a decimal)

n = 4 (quarterly compounding)

We need to solve for t. Let's rearrange the formula and solve for t:

(1 + r/n)^(nt) = A/P

(1 + 0.07/4)^(4t) = 28,940.19/27,000

(1.0175)^(4t) = 1.07038

Taking the natural logarithm of both sides to solve for t:

4t * ln(1.0175) = ln(1.07038)

t = ln(1.07038) / (4 * ln(1.0175))

Using a calculator, we find that t is approximately 3.5 years.

Therefore, it will take approximately 3.5 years for the $27,000 investment to grow to $28,940.19 with a 7% interest rate compounded quarterly.

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identify one or more management, leadership, or governance skills that might assist you, as public health professional and manager, with choosing a response and implementing it effectively at the different levels?

Answers

As a public health professional and manager, there are several management, leadership, and governance skills that can assist you in choosing a response and implementing it effectively at different levels.

Here are a few examples:

Strategic thinking: The ability to think strategically is crucial for public health professionals and managers when deciding on the appropriate response to a public health crisis. This skill involves being able to assess the situation, identify potential challenges and opportunities, and develop a clear plan of action.

Communication: Effective communication is critical when implementing a response plan at different levels. This skill involves being able to communicate clearly and concisely with stakeholders, including government officials, healthcare providers, community leaders, and the general public.

Collaboration: Collaboration is essential when implementing a response plan across various levels. This skill involves working closely with other organizations, agencies, and stakeholders to ensure that the response plan is comprehensive, coordinated, and effective.

Decision-making: Public health professionals and managers must be able to make difficult decisions quickly and effectively during a crisis. This skill involves assessing available information, weighing the risks and benefits of different options, and making informed decisions based on the available data.

Leadership: Strong leadership is crucial when implementing a response plan across different levels. This skill involves inspiring and motivating others to work towards a common goal, providing guidance and direction, and modeling behavior that aligns with the values of the organization.

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If a market for tradable pollution allowances exists, a company that has used up its own allowances can...

A. buy allowances from another firm that is above its limit of allowed pollution.
B. buy allowances from another firm that is below its limit of allowed pollution.
C. buy allowances from the EPA which increases the quantity of allowances as long as there is demand.
D. sell allowances to another firm that is above its limit of allowed pollution.
E. sell allowances to another firm that is below its limit of allowed pollution.

Answers

If a market for tradable pollution allowances exists, a company that has used up its own allowances can buy allowances from another firm that is below its limit of allowed pollution.

The correct option is B. buy allowances from another firm that is below its limit of allowed pollution.What is a tradable pollution allowance?A tradable pollution allowance is a permit that allows a firm to produce a certain quantity of emissions. Allowances can be purchased, sold, or traded to the extent that they represent the right to release a specific amount of pollutants into the atmosphere.A company that surpasses its pollution limit can purchase allowances from other firms that have not used their allowance and are operating under their emission limit. Firms who do not require their entire allocation of allowances may sell the extra allowances to companies in need on a marketplace for tradable allowances.Therefore, if a market for tradable pollution allowances exists, a company that has used up its own allowances can buy allowances from another firm that is below its limit of allowed pollution.

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You are considering a project with the following data: Internal rate of return 8.7% Profitability ratio.98 Net present value -$393 Payback period 2.44 years. Required return 9.5% Which one of the following is correct given this information? Multiple Choice - The discount rate used in computing the net present value must have been less than 8.7%. - The discounted payback period will have to be less than 2.44 years. - The discount rate used to compute the profitability ratio was equal to the internal rate of return. - This project should be accepted based on the profitability ratio. - This project should be rejected based on the internal rate of return.

Answers

After the careful evaluation, the correct statement is the third option, which states that, the discount rate utilized in computing the NPV must have been less than 8.7%, and hence we can conclude that the internal rate of return is not acceptable in the given case.

In consideration of the following data for a project, there are several possible conclusions we can make from the given data:

Internal rate of return 8.7%

Profitability ratio.98

Net present value -$393

Payback period 2.44 years

Required return 9.5%

The best conclusion from the data is that the project should be rejected based on the internal rate of return.

This is because the internal rate of return is less than the required return of 9.5%.

In other words, the rate of return from the project is lower than the minimum return expected, indicating that the project may not be profitable.

In order for the net present value to be negative, the discount rate utilized in the calculation must have been lower than 8.7%.

A discounted payback period will have to be more than 2.44 years to account for the negative NPV.

The discount rate used to compute the profitability ratio was not equal to the internal rate of return but the required rate of return is equal to the discount rate used in computing the profitability ratio.

Thus, we can conclude that the internal rate of return is not acceptable in the given case.

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E-Eyes.com has a new issue of preferred stock it calls 20/20 preferred. The stock will pay a $20 dividend per year, but the first dividend will not be paid until 20 years from today. If you require a return of 9.5 percent on this stock, how much should you pay today? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Current stock price

Answers

To calculate the current stock price of the 20/20 preferred stock, we need to determine the present value of the future dividends.

Given:

Dividend per year = $20

Return required = 9.5%

First dividend payment in 20 years

We can use the formula for the present value of a growing perpetuity to calculate the current stock price:

PV = D / (r - g)

Where PV is the present value, D is the dividend per year, r is the required return, and g is the growth rate of dividends.

In this case, the growth rate of dividends is zero because the dividend amount remains constant. Therefore, the formula simplifies to:

PV = D / r

Plugging in the values:

PV = $20 / 0.095

PV = $210.53

Therefore, the current stock price for the 20/20 preferred stock should be approximately $210.53.

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A bond with a face value of $100,000 and a quoted price of 99 has a selling price of a) $91,000 b) $109,000 c) $99,000 d) $9,900

Answers

A bond with a face value of $100,000 and a quoted price of 99 has a selling price of $99,000. Let's see how this is calculated.

Quoted price is the price at which the bond is trading in the market. Quoted price is expressed as a percentage of the bond's face value. So, the quoted price of 99 implies that the bond is trading at 99% of its face value. The face value, also known as the par value, is the amount of money the bondholder will receive when the bond reaches maturity. In this case, the face value of the bond is $100,000.Selling price. The selling price is the price at which the bond is sold in the market. To calculate the selling price, we need to multiply the quoted price by the face value of the bond. In this case:Selling price = Quoted price × Face value Selling price = 0.99 × $100,000 Selling price = $99,000. Therefore, the selling price of the bond is $99,000.Option C is correct.

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3-Explain SPACE matrix and the strategies under it with DRAW

Answers

The Strategic Position and Action Evaluation (SPACE) Matrix is a management tool that analyses the internal and external environmental factors of an organization and provides suggestions for future development. It combines internal and external variables in order to determine the company's strategic position.

The following are the strategies that fall under the SPACE Matrix:

1. Aggressive (Quadrant 1)2. Conservative (Quadrant 2)3. Defensive (Quadrant 3)4. Competitive (Quadrant 4)A diagram of the SPACE Matrix is shown below. It has two axes.

The vertical axis shows the Internal Position, which is divided into two categories:

Financial Strength and Competitive Advantage. The horizontal axis, on the other hand, depicts the External Position, which is split into two categories:

Environmental Stability and Industry Strength. A company's strategic plan is determined by the interaction of these two axes. Aggressive, conservative, competitive, and defensive strategies are recommended based on the company's position on the SPACE Matrix.

Quadrant 1: Aggressive ,Aggressive strategies are appropriate for companies that have a strong competitive advantage and a strong financial position. In this quadrant, organizations are urged to pursue an aggressive strategy. They must make investments in research and development, modernize their facilities, acquire other companies, and launch new products. This quadrant is the most appealing and lucrative for businesses.

Quadrant 2: Conservative, Companies with a strong competitive advantage but a weak financial position are recommended for conservative strategies. In this quadrant, businesses should prioritize conserving and conserving their assets. These organizations must be cautious and selective in their investments, as well as improve their operations.

Quadrant 3: Defensive, Organizations that are in a weak competitive position but have a strong financial position are recommended to adopt defensive strategies. They must maintain their present market share while reducing costs and improving performance. They must take measures to safeguard their market share.

Quadrant 4: Competitive, Organizations in a weak competitive position and a weak financial position are advised to pursue competitive strategies. They must conduct a complete review of their operations and adopt major restructuring programs. They must concentrate on lowering costs and improving quality in order to stay in the game

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Growth Company's current share price is $20.25 and it is expected to pay a $1.25

dividend per share next year. After that, the firm's dividends are expected to grow at a rate of 4.2% per year.

a. What is an estimate of Growth Company's cost of equity?

b. Growth Company also has preferred stock outstanding that pays a $2.10

per share fixed dividend. If this stock is currently priced at $27.90,

what is Growth Company's cost of preferred stock?

c. Growth Company has existing debt issued three years ago with a coupon rate of 6.1%.

The firm just issued new debt at par with a coupon rate of 6.5%.

What is Growth Company's cost of debt?

d. Growth Company has 5.2 million common shares outstanding and 1.3

million preferred shares outstanding, and its equity has a total book value of $50.2

million. Its liabilities have a market value of $19.6 million. If Growth Company's common and preferred shares are priced as in parts (a) and (b),

what is the market value of Growth Company's assets?

e. Growth Company faces a 35% tax rate. Given the information in parts (a) through(d), and your answers to those problems, what is Growth Company's WACC?

Note: Assume that the firm will always be able to utilize its full interest tax shield.

Answers

a. The estimate of Growth Company's cost of equity is 10.37%.

b. The cost of preferred stock for Growth Company is 7.53%.

c. The cost of debt for Growth Company is not provided in the given information.

d. The market value of Growth Company's assets cannot be determined without additional information about the proportions of equity and liabilities in the capital structure.

e. The calculation of Growth Company's weighted average cost of capital (WACC) requires the cost of equity, cost of preferred stock, cost of debt, and the proportions of equity, preferred stock, and debt in the company's capital structure. Without the necessary information, the WACC cannot be calculated.

a. To estimate Growth Company's cost of equity, we can use the dividend discount model (DDM). The cost of equity is the required rate of return that investors expect to earn on the company's stock. The DDM formula is as follows:

Cost of Equity = (Dividend per Share / Current Share Price) + Growth Rate of Dividends

Plugging in the given values:

Cost of Equity = ($1.25 / $20.25) + 4.2%

b. The cost of preferred stock can be calculated using the formula:

Cost of Preferred Stock = Dividend per Share / Current Share Price

Plugging in the given values:

Cost of Preferred Stock = $2.10 / $27.90

c. The cost of debt can be calculated by considering the yield to maturity (YTM) of the existing debt and the new debt issued. The cost of debt is the yield or return required by investors for holding the company's debt.

d. To calculate the market value of Growth Company's assets, we need to sum the market values of its equity and liabilities. The market value of equity can be calculated by multiplying the share price by the number of shares outstanding, and the market value of liabilities is given as $19.6 million.

Market Value of Assets = Market Value of Equity + Market Value of Liabilities

e. The weighted average cost of capital (WACC) can be calculated by weighting the cost of equity, cost of preferred stock, and cost of debt by their respective proportions in the company's capital structure. The WACC formula is as follows:

WACC = (Equity Proportion * Cost of Equity) + (Preferred Stock Proportion * Cost of Preferred Stock) + (Debt Proportion * Cost of Debt) * (1 - Tax Rate)

Plugging in the given values and the calculated costs of equity, preferred stock, and debt, we can calculate the WACC for Growth Company.

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fire fly company just paid a dividend of $15 per share but the management expects to reduce the payout by 5% per year indefinitely.if you require a return of 10% on this stock. what will you pay for a share today?

Answers

Based on the dividend reduction rate of 5% per year indefinitely and a required return of 10%, the value you would pay for a share today would be approximately $150.

To determine the price you would be willing to pay for a share of Fire Fly stock today, we can use the concept of a perpetuity, which is a stream of cash flows that continues indefinitely. In this case, the dividend payment is expected to decrease by 5% per year indefinitely.

The price you would be willing to pay for a share today can be calculated by dividing the expected dividend payment by the required return. In this scenario, the dividend payment is $15 per share, and the required return is 10%.

Using the formula for the present value of a perpetuity, we can calculate the price as follows:

Price = Dividend payment / Required return

Price = $15 / 0.10

By dividing $15 by 0.10, we find that the price you would be willing to pay for a share today is $150.

Therefore, if you require a 10% return on the Fire Fly stock and the company is expected to reduce its dividend payout by 5% per year indefinitely, the price you would be willing to pay for a share today is $150.

To determine the price you would be willing to pay for a share of Fire Fly stock today, we need to consider the future cash flows in the form of dividends. The company has just paid a dividend of $15 per share. However, the management expects to reduce the dividend payout by 5% per year indefinitely. This means that the dividend payment in future years will be 5% less than the previous year.

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What type of conversion occurs without specifying the actual callout function?
a) implicit
b) explicit
c) casting
d) autocasting

Answers

Option a) implicit. The type of conversion that occurs without specifying the actual callout function is implicit conversion. Implicit conversion, also known as automatic conversion, is a type of type conversion that is performed by the compiler automatically without the need for explicit instructions from the programmer.

In programming languages, such as C++, Java, or Python, implicit conversion takes place when the compiler automatically converts one type of data into another type in certain situations. This conversion is usually safe and does not result in any loss of data or precision.

For example, in a programming language like C++, if you assign an integer value to a floating-point variable, the compiler will automatically convert the integer to a floating-point value without the need for any explicit conversion function.

Implicit conversions can occur between compatible data types, such as widening conversions (e.g., converting an int to a float) or between related types (e.g., converting a derived class object to a base class object).

Without specifying the actual callout function, the type of conversion that occurs is implicit conversion.

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Agenda manipulation is a technique to impact an outcome using a. the sequential pairwise method. b. the plurality runoff method. c. the Borda Count method. d. the Hare method.

Answers

The correct option is (A). Agenda manipulation is a technique to impact an outcome using the sequential pairwise method.

Agenda manipulation refers to the strategic manipulation of the order in which options or alternatives are presented in a decision-making process. It involves arranging the sequence of choices in a way that influences the final outcome in favor of a particular preference or agenda.

The sequential pairwise method is one such approach used in agenda manipulation. In this method, options are presented in pairs, and participants are required to choose one option over the other.

By strategically arranging the order of the pairs, individuals or groups can influence the final outcome by highlighting certain choices or preferences early on, shaping subsequent decisions.

The sequential pairwise method allows for deliberate manipulation of the decision-making process by strategically structuring the presentation of options. By carefully selecting the order of pairs, individuals or groups can create a desired outcome that aligns with their preferences or agenda. This technique can be employed in various contexts, such as political elections, negotiations, or policy-making, where the sequence of choices can significantly impact the final decision.

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QUESTION THREE [10] The business plan should serve as a road map to coordinate and lead the business towards a clearly identified objective. This applies to both existing and new businesses. To create a strategic document for an existing or a new business, the Clicks Group, has sold all the Musca outlets to you and you are required to draft a business plan that should contain specific criteria. dentify and discuss those criteria of a business plan based on the statement,

Answers

A business plan is a written document that describes the future path of a company, including its goals, strategies, budget, and expected outcomes. In order to coordinate and lead the business towards a clearly defined objective, a business plan should be created. A business plan should include the following specific criteria: Business Summary: This is a summary of the entire business plan.

The summary is a quick overview of the business, its operations, and its objectives. Mission Statement: This is a statement of purpose for the business. It defines the company's goals and objectives, and it provides a clear direction for the business to follow. Company Description: This section describes the company's products and services, its target customers, and the industry in which it operates. This section also includes information about the company's ownership structure, legal status, and management team.

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Verification has been mentioned in clause 7.1.5.2 and in clause 8.3 with very different connotation
Explain the usage in each clause

Answers

Verification is a term that has been mentioned in clause 7.1.5.2 and in clause 8.3 with very different connotations.

Clause 7.1.5.2: This clause refers to the requirement of establishing criteria for reviewing and evaluating the design, development, and production stages of the product. Here, verification is used to confirm whether the requirements specified in the previous stage have been met or not.

This clause refers to the process of ensuring that the product conforms to the requirements that have been established in the earlier stages of the product development process.Clause 8.3: This clause refers to the requirement of establishing, implementing, and maintaining procedures for the control of non-conforming product.

Here, verification is used to ensure that the product that has been rejected during the inspection process has been corrected or reworked according to the specifications or requirements established in the previous stage.

The purpose of this clause is to ensure that non-conforming products do not reach the customers or users.Verification is, therefore, used in different connotations in each clause.

In clause 7.1.5.2, it is used to confirm whether the requirements specified in the previous stage have been met or not. In clause 8.3, it is used to ensure that non-conforming products do not reach the customers or users.

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What is the nature of the agency problem in relation to football referees? What are its potential implications for football? Do you think the effects associated with this agency problem are sizeable? What policies are used to mitigate these effects?

Answers

The agency problem refers to the conflict of interest between the principal (the football industry) and the agent (the football referee) due to the lack of full alignment of goals between the two parties.

The potential implications of the agency problem for football are that it can lead to biased refereeing decisions. For example, a referee may be more likely to favor a particular team or player due to factors such as personal preference, pressure from fans or players, or the promise of future employment opportunities. This can result in unfair outcomes for matches, which can damage the integrity of the sport. The effects associated with this agency problem are sizeable since the decisions of referees can have a significant impact on the outcome of a football match.

This can affect the performance of players, team morale, and the reputation of the sport. Policies used to mitigate the effects of the agency problem include implementing performance-based incentives for referees, such as bonuses for accurate decisions, having an independent oversight body to investigate any suspected cases of referee bias, and improving transparency in the recruitment process of referees. Additionally, providing training and development opportunities for referees can help them better understand their role and the importance of impartiality in decision-making.

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In a day, Julia can produce 12 bushels of wheat or 4 pounds of meat while Carlos can produce 10 bushels of wheat or 2 pounds of meat. If Julia and Carlos work for a day producing what they have comparative advantage in, which of the following price (P) ranges for a bushel of wheat in terms of pounds of meat incentivize both Julia and Carlos to trade with each other? a. 0.20< P <0.33 b. 3.00< P <5.00 c. 1.20< P <2.00 d. 2.50< P <6.00

Answers

Converting the price to decimals, we get 0.20< P <0.33. Therefore, the correct option is a. 0.20< P <0.33.

When both Julia and Carlos work for a day producing what they have a comparative advantage in, they can trade with each other if the price (P) of a bushel of wheat in terms of pounds of meat is between 1.20< P <2.00. Given that Julia can produce 12 bushels of wheat or 4 pounds of meat, she has a comparative advantage in wheat because her opportunity cost of producing a bushel of wheat is 1/3 of a pound of meat (4 pounds of meat/12 bushels of wheat).

Carlos, on the other hand, can produce 10 bushels of wheat or 2 pounds of meat, he has a comparative advantage in meat because his opportunity cost of producing a pound of meat is 5 bushels of wheat (10 bushels of wheat/2 pounds of meat). In order to find the price (P) of a bushel of wheat in terms of pounds of meat that incentivizes both Julia and Carlos to trade with each other, we need to find a price that lies between their opportunity costs.

Julia's opportunity cost of producing a bushel of wheat is 1/3 of a pound of meat, which means she is willing to trade a bushel of wheat if she gets at least 1/3 of a pound of meat in exchange for it. Carlos's opportunity cost of producing a bushel of wheat is 1/5 of a pound of meat, which means he is willing to trade a bushel of wheat if he gets at least 1/5 of a pound of meat in exchange for it.

The price (P) of a bushel of wheat in terms of pounds of meat that incentivizes both Julia and Carlos to trade with each other is the price that lies between their opportunity costs, which is 1/5 of a pound of meat < P < 1/3 of a pound of meat. Converting the price to decimals, we get 0.20< P <0.33. Therefore, the correct option is a. 0.20< P <0.33.

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This entity is responsible for ensuring the integrity of the Olympic ideals and protecting the well being of the athletes by enforcing testing for illegal performance enhancing drugs: National Olympic Committees IOC Olympic Solidarity WADA

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In summary, WADA is responsible for ensuring that all sports competitions and athletes are doping-free, promoting and protecting the athletes' health, and promoting fair play and sportsmanship.

The entity responsible for ensuring the integrity of the Olympic ideals and protecting the well being of the athletes by enforcing testing for illegal performance enhancing drugs is World Anti-Doping Agency (WADA).What is WADA?World Anti-Doping Agency (WADA) is a foundation initiated by the International Olympic Committee (IOC) in 1999 to promote and monitor the fight against doping in sports. WADA's primary mission is to oversee the anti-doping program at the Olympic Games, and in conjunction with other sporting organizations, regulate doping controls and promote anti-doping education.What is the purpose of WADA?The primary objective of WADA is to work for a world without doping in sports, in which athletes can compete in a doping-free environment. WADA's main roles and responsibilities include the following:Establishing the World Anti-Doping Code;Monitoring and improving the quality of anti-doping policies and regulations across the globe;Conducting scientific research in the field of anti-doping;Educating athletes and support staff about anti-doping rules and regulations; andPromoting the importance of clean sport.What is the responsibility of WADA?WADA's responsibility is to oversee the anti-doping program in sports, and its primary focus is on ensuring the integrity of the Olympic ideals and safeguarding the well-being of athletes by enforcing illegal performance-enhancing drug testing. To accomplish this task, WADA collaborates with many agencies, including the National Anti-Doping Organizations (NADOs) and International Federations (IFs).

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when a company provides services and gets paid in cash, select one: a. stockholders' equity will decrease. b. liabilities will decrease. c. assets will increase. d. liabilities will increase.

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When a company provides services and gets paid in cash, the correct option is c. assets will increase.

Content loaded when a company provides services and gets paid in cashIn this scenario, the company will experience a cash inflow and an increase in its assets. The company’s assets, which are economic resources that the company controls and can use to generate revenue, will increase. Accounts receivable, which is a current asset account on the balance sheet, will be debited by the company when services are provided but not yet paid for. The transaction is recognized when the customer makes a payment and cash is received by the company.

Therefore, the statement that accurately reflects the situation when a company provides services and receives payment in cash is that the assets will increase. The other options are incorrect. Stockholders' equity is not affected by the payment for services provided, while liabilities will not decrease or increase since the services have been provided and payment has been received. The only account that increases is the asset account, cash, as a result of the inflow. The increase in cash may result in future transactions that may affect other accounts on the balance sheet. However, at this point, the impact on the balance sheet is that the assets have increased by the amount of the cash inflow.

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Determine the volume per pass of a loader given the following information (assume that there is no stability issue): • The rated bucket size: 8.0 cubic yards • The fill factor: 0.9 O 7.2 LCY 7.2 B

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The volume per pass of the loader is 7.2 cubic yards.

To determine the volume per pass of a loader, we need to multiply the rated bucket size by the fill factor.

Rated bucket size: 8.0 cubic yards

Fill factor: 0.9

To calculate the volume per pass, we multiply the rated bucket size by the fill factor:

Volume per pass = Rated bucket size * Fill factor

Volume per pass = 8.0 cubic yards * 0.9

Volume per pass = 7.2 cubic yards

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what happens if a license holder does not explain, in writing, to a customer that the license holder represents the other party?

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If a license holder fails to explain in writing to a customer that they represent the other party, it can lead to potential legal and ethical consequences. License holders need to disclose their roles and the parties they represent to ensure transparency and protect the interests of all involved parties.

By not providing written disclosure of their representation, the license holder may create confusion and misunderstandings. This lack of clarity can undermine the trust between the license holder and the customer, potentially leading to disputes or legal complications. The customer may not fully understand the license holder's obligations and responsibilities, which can impact their decision-making process and overall satisfaction with the transaction.

Furthermore, failing to disclose representation in writing can raise ethical concerns. License holders must act in the best interests of their clients and provide them with all relevant information to make informed decisions. By neglecting to provide written disclosure, the license holder may be seen as intentionally withholding information or attempting to gain an unfair advantage.

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Adjustments to earnings before interest (EBI) includes which of the following?

A - Nonrecurring items, after-tax interest, and distortions related to quality concerns
B - Operating items, after-tax interest, and distortions related to quality concerns
C - Recurring items, interest, and distortions related to quality concerns
D - Nonrecurring items, interest, and distortions related to quality concerns

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Adjustments to earnings before interest (EBI) includes nonrecurring items, after-tax interest, and distortions related to quality concerns. This is option A (Nonrecurring items, after-tax interest, and distortions related to quality concerns).

Explanation: Adjustments to earnings before interest (EBI) is a modification made to the income statement by adding or subtracting non-recurring revenue and expenses as well as recurring revenues and expenses. The following are included in the adjustments to earnings before interest (EBI):Non-recurring items, such as gains or losses from selling a business or downsizing employees. After-tax interest is calculated by taking the amount of interest paid, as well as other financing costs, and subtracting any tax deductions related to interest expenses. Quality control concerns, which include items that were excluded from the operating results due to an overstatement or understatement of cost or revenue.

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QUESTION 23
Calculate the following investments payback period if it has an initial cost of 4200 and generates a return of 2300, 1200, 2000 and 5200.
O a. 2.35 years
O b. 2.74 years
O c. 2.54 years
O d. 4 years

Answers

The payback period for the investment can be calculated as 2.74 years.

To calculate the payback period, we need to determine in how many years the initial cost will be recovered. We first add up the returns until we reach the initial cost:

Year 1: 2300

Year 2: 1200 + 2000 = 3200

Year 3: 5200

Total return after Year 2 is 2300 + 3200 = 5500, which is greater than the initial cost of 4200. We then calculate the fraction of the last year's return required to reach the initial cost:

4200 - 5500/5200 = 0.10

This means that we require 10% of the fourth year's return to recover the initial cost. Therefore, the payback period is 3 years plus 0.10 x (1/5200) years, which equals approximately 2.74 years. Hence, option B is the correct answer.

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Laura Leasing Company signs an agreement on January 1, 2020, to lease equipment to Skysong Company. The following information relates to this agreement. 1 The term of the non-cancelable lease is 3 years with no renewal option. The equipment has an estimated economic life of 5 years. 2 The fair value of the asset at January 1, 2020, is $71,000. 3 The asset will revert to the lessor at the end of the lease term, at which time the asset is expected to have a residual value of $12,000, none of which is guaranteed. 4 The agreement requires equal annual rental payments of $20,600.52 to the lessor, beginning on January 1, 2020. 5 The lessee's incremental borrowing rate is 4%. The lessor's implicit rate is 3% and is unknown to the lessee. 6 Skysong uses the straight-line depreciation method for all equipment. Prepare all of the journal entries for the lessee for 2020 to record the lease agreement, the lease payments, and all expenses related to o this lease. Assume the lessee's annual accounting period ends on December 31.

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The journal entries for the lessee for 2020 are as follows: Lease agreement: The lessee would record a leased asset and lease obligation for the present value of lease payments.  

PV of lease payments = [$20,600.52 x (1 - 1/ (1 + 4%)^3)]/4%

= $57,474.78 The leased asset will be recorded at $57,474.78Journal entry: Leased asset: Debit $57,474.78 Lease obligation: Credit $57,474.78 Lease payments: The lessee would record the lease payments for 2020 as: Journal entry: Lease obligation: Debit $17,149.42 (=$57,474.78 / 3 years) Cash: Credit $20,600.52 Expenses related to lease: The lessee would record the expenses related to the lease as: Interest expense: Debit $2,299.22 [= ($57,474.78 x 4%) for 2020] Depreciation expense: Debit $9,495.04 [= ($57,474.78 - $12,000) / 3 years] .

Accumulated depreciation: Credit $9,495.04Journal entry: Interest expense: Debit $2,299.22 Depreciation expense: Debit $9,495.04 Accumulated depreciation: Credit $9,495.04 Therefore, the journal entries for the lessee for 2020 are as follows: Journal entry Leased asset Debit $57,474.78 Lease obligation Credit $57,474.78 Journal entry Lease obligation Debit $17,149.42 Cash Credit $20,600.52Journal entry Interest expense Debit $2,299.22 Depreciation expense Debit $9,495.04Accumulated depreciation Credit $9,495.04.

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Venturing into the world of ice cream is an exciting and delicious endeavor. It's crucial to build a marketing plan so that your shop can get started without setbacks and operate smoothly. Assuming you owned an ice cream parlor business,
create a cohesive marketing plan and develop a strategic direction for your business to ensure survivability and sustainability in the business.
this is a very important question i need help with i hope i get an elaborated answer

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As a business owner in the ice cream industry, building a marketing plan is essential to ensure the survivability and sustainability of your business. Below is a cohesive marketing plan that can help your ice cream parlor get started without setbacks and operate smoothly:-

1. Target Market Analysis: Identifying your target market is the first step in developing a successful marketing plan. Determine who your potential customers are, their interests, and what they are looking for in an ice cream parlor. This analysis will help you create an effective marketing strategy and promote your business to your target audience.

2. Competitive Analysis: Understand the competition and what they are offering. This analysis will help you differentiate yourself from competitors and develop a competitive advantage.

3. Unique Selling Proposition (USP): Develop a unique selling proposition that highlights what makes your ice cream parlor stand out. Your USP should convey the unique benefits your business provides to your target market.

4. Branding: Create a brand identity for your ice cream parlor, including your business name, logo, and other visual elements. This will help build brand recognition and establish your business as a recognizable brand in the market.

5. Product Strategy: Develop an ice cream menu that aligns with your target market's interests. Consider creating signature flavors that are unique to your business to attract customers.

6. Promotions: Develop promotional campaigns to attract new customers and retain existing ones. Consider offering discounts, loyalty programs, and seasonal promotions.

7. Online Presence: Build a website and social media presence for your business. This will help your customers find you online and engage with your brand.

8. Partnership Strategy: Consider partnering with local businesses, organizations, or influencers to promote your business and drive sales. This will help your ice cream parlor reach a wider audience and increase brand awareness.

These steps will help your ice cream parlor develop a strategic direction for your business to ensure survivability and sustainability in the business.

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Type of Study. Determine whether each of the following studies described is observational or an experiment. If the study is an experiment, identify the control and treatment groups, and discuss whether single-or double-blinding is necessary. If the study is observational, state whether it is a retrospective study, and if so, identify the cases and controls

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An observational study is a study that examines the connection between exposures to risk factors and the likelihood of developing a disease or condition. In an observational study, the researchers do not interfere in the experiment's design.

The study is only used to observe and collect data on how specific variables may be associated with an outcome. An experiment is a study in which researchers attempt to determine whether a particular intervention (the treatment) causes a change in the outcome (the response). The purpose of an experiment is to establish a causal relationship between the treatment and the outcome, whereas the purpose of an observational study is to assess whether there is an association between the exposure and the outcome. This group is the group of individuals that receive the intervention being studied. The control group is the group that does not receive the treatment being studied. This group is used as a basis for comparison. The individuals administering the treatment do not know who is receiving the treatment, and the individuals receiving the treatment do not know whether they are receiving the treatment.

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magine you are the CEO of Noodle Soup, a company that sells ramen noodles.
1) Give one example of each of Porter's five primary competitive forces in Noodle Soup’s environment.
2) Explain the possible impacts of each to Noodle Soup.
3) Identify three possible Compliments that Noodle Soup could offer its customers.

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Threat of new entrants: A new ramen noodle company enters the market and offers a wide variety of unique flavors and affordable prices, attracting customers away from Noodle Soup.

Bargaining power of buyers: Noodle Soup's main customer, a large supermarket chain, negotiates lower prices and better terms due to its size and buying power, putting pressure on Noodle Soup's profit margins. Bargaining power of suppliers: Noodle Soup heavily relies on a specific supplier for its key ingredient, noodles. The supplier increases prices, affecting Noodle Soup's production costs and profitability.

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Which of the following statements regarding the development and implementation of a social media marketing campaign is true? Multiple Choice Social media marketing campaigns do not need to identify a target audience since social media is widely available to all consumers. A social media marketing campaign should be run independently of a firm's traditional IMC tactics. Budgets developed for a social media marketing campaign do not require constant monitoring like traditional campaigns do. At this time, there are no concrete ways to accurately monitor a social media campaign's effectiveness. The images and messages used in a social media marketing campaign need to be updated aimost constantly.

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The statement that is true regarding the development and implementation of a social media marketing campaign is: The images and messages used in a social media marketing campaign need to be updated almost constantly.

The development and implementation of a social media marketing campaign have several considerations to take care of. Social media marketing campaigns are aimed to promote a product or service and attract new customers. A successful social media marketing campaign needs to focus on many elements such as identifying a target audience, running campaigns in conjunction with the firm's traditional IMC tactics, constant monitoring of the budget, accurately monitor the effectiveness, and updating the images and messages used in the campaign.

Social media marketing campaigns should be run in conjunction with a firm's traditional IMC tactics. Identifying a target audience is critical to any marketing campaign. Budgets developed for a social media marketing campaign require constant monitoring like traditional campaigns do. There are many ways to accurately monitor a social media campaign's effectiveness, for example, the number of likes, shares, and comments.

The images and messages used in a social media marketing campaign need to be updated almost constantly. Social media is continuously changing, so it is essential to keep up with the trends and ensure that the messages and images used in the campaign are up-to-date. Thus, the statement that is true regarding the development and implementation of a social media marketing campaign is: The images and messages used in a social media marketing campaign need to be updated almost constantly.

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Final answer:

In this question, the statement that 'The images and messages used in a social media marketing campaign need to be updated almost constantly' is true and the rest are false. A social media marketing campaign does require identification of a target audience, integration with traditional marketing methods and constant monitoring of budgets. There are also concrete ways to accurately monitor its effectiveness.

Explanation:

The statement in your question that 'The images and messages used in a social media marketing campaign need to be updated almost constantly' is true. Successful social media marketing requires ensuring engagement and relevance, which often necessitates frequent updates.Social media marketing is a dynamic field that depends on keeping up with trends, engaging audiences effectively and adapting to the rapidly changing preferences and interests of the target audience. Hence, it's crucial for a firm's message and imagery on its social media profiles to be regularly updated and refreshed, so as to maintain the attention of the audience and achieve the firm's marketing goals.

Contrary to the other statements, a social media marketing campaign certainly needs to identify a target audience, just as traditional marketing campaigns do. The aim is to deliver tailor-made content that can grab the interest of, and are relevant to, the selected group of consumers. Furthermore, a social media campaign should not be independent of all other traditional integrated marketing communications (IMC) tactics, but should rather be a part of it. Every marketing method, regardless of being traditional or digital, should be synergistic to maximize marketing effectiveness.

Moreover, budgeting for social media campaigns does need constant monitoring like traditional campaigns, as return on investment (ROI) is crucial to consider in marketing. Social media can provide a massive base of audience, however, reaching the right audience effectively often requires strategic spending (i.e., investing in paid promotions, influencers, or advertisements).

There are definitely valid methods to accurately measure a social media marketing campaign's effectiveness. Metrics such as reach, impressions, engagements (likes, shares, comments), conversions, etc., are widely used to evaluate the success of campaign. However, the data from these should be interpreted carefully to draw meaningful conclusions.

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It is not possible to determine the objectivity of a new source.

a. True
b. False

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The given statement "It is not possible to determine the objectivity of a new source" is false. What is a source? A source is anything that provides information. A newspaper article is an example of a source. Other instances of sources include television shows, magazines, and books.

What is the definition of objectivity?Objectivity is a term that refers to a lack of bias, judgment, or prejudice in a given situation. Objectivity is when someone is fair and impartial in their decision-making and does not allow their personal beliefs, biases, or opinions to influence their judgment. It is also about the data and information utilized in the situation that should not be influenced by personal beliefs or biases.

Thus, it is very important to have a source that is objective and free from any biases that could influence the reliability of the information.A source can be evaluated for objectivity by determining whether it has a bias or a vested interest. Researchers can also evaluate sources based on the data that they provide and whether it is supported by other research in the field. This can assist in determining the credibility of the source, and whether or not the data and information provided are reliable. Thus, it is possible to determine the objectivity of a new source. Hence, the given statement "It is not possible to determine the objectivity of a new source" is false.

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Goleman, Boyatzis and McKee argue in Ch.2 "Primal Leadership" that managing the emotional side of leadership is the first and most important leadership function across situations and organizations. This is based on the reality that: Select one: A. people can change other people's feelings, emotions, and actual physiology. B. positive and negative emotions offset each other, neutralizing any productivity gains or losses. C. a leader's mood and tone do not make a significant difference in the performance levels of others. D. emotional intelligence involves a set of innate traits and skills that are not leamable. E. All of the above are true.

Answers

Goleman, Boyatzis, and McKee argue in Ch.2 "Primal Leadership" that managing the emotional side of leadership is the first and most important leadership function across situations and organizations because people can change other people's feelings, emotions, and actual physiology.

According to Goleman, Boyatzis, and McKee, managing the emotional side of leadership is crucial because people have the ability to influence and impact the feelings, emotions, and even the physiological responses of others. This implies that a leader's emotional intelligence and ability to manage emotions in themselves and others can greatly affect the performance levels of individuals and teams.

The other options presented, such as positive and negative emotions offsetting each other, a leader's mood not making a significant difference, or emotional intelligence being innate and unlearnable, are not aligned with their argument. Therefore, the correct answer is A. people can change other people's feelings, emotions, and actual physiology.

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Given that information is the source of a corporation's competitiveness, a corporation does not have any incentive to disclose information and thus must be compelled to do so. O True O False Disclosure is something that is mandated by securities regulation. Therefore, there is no need to disclose information at unlisted corporations. O True O False

Answers

False, a corporation does have incentives to disclose information as it can contribute to its competitiveness. Additionally, disclosure is not limited to listed corporations and is mandated by securities regulation to ensure transparency and protect investors.

It is false to claim that a corporation does not have any incentive to disclose information. In fact, disclosure of information can be crucial for a corporation's competitiveness in the market. By providing transparent and timely information, a corporation can build trust with investors, attract potential shareholders, and maintain positive relationships with stakeholders. Disclosure allows investors to make informed decisions, promotes market efficiency, and enhances the corporation's reputation.

Furthermore, it is incorrect to state that disclosure is only mandated for listed corporations. Securities regulation requires both listed and unlisted corporations to disclose certain information to protect investors and ensure market integrity. While the extent and specific requirements of disclosure may vary depending on the regulatory framework and listing status, all corporations are generally expected to provide accurate and relevant information that is material to their business operations, financial condition, and performance. This promotes transparency, facilitates fair markets, and allows investors to make informed decisions regardless of whether the corporation is listed or unlisted.

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