Premium Essay

Unit 3 Assignment

In:

Submitted By junteria
Words 452
Pages 2
EC142
Unit 3 Assignment
Chapter 4: # 4, 7, 9, 10
4. What effect would a rule stating that university students must lie in university dormitories have on the price elasticity of demand for dormitory space? What impact might this in turn have on room rates?
Answer:
The effect of the price elasticity of demand would be more inelastic for adding the rule in the university. The room rates impact would increase as students oppose to follow the rules while they are in that University.
7. You are chairperson of a state tax commission responsible for establishing a program to raise new revenue through exercise taxes. Why would elasticity of demand be important to you in determining the products on which the taxes should be levied?
Answer:
If I were the chairperson of a state tax commission responsible, I would select the products that were price inelastic, because the tax increase will increase the tax revenue. Elasticity of demand would be very important to me considering that “the higher tax on a product that has an elastic demand will bring in less tax revenue.” (Econ pg. 86) In this case, goods and services such as cigarette, liquor and phone service are the helpful to excise taxes because these are the products that have not decrease in demand when an excise tax is levied.

9. Because of a legal settlement over state health care claims, in 1999 the U.S tobacco companies had to raise the average price of a pack of cigarettes from $1.95 to $2.45. The decline price of a pack of cigarettes sales was estimated at 8 percent. What does this imply for the elasticity of demand for cigarettes? Explain.
Answer:
For the estimated sales at 8 percent that makes the price changed by 22.7 percent, the overall demand for cigarettes is far more elastic when user became addict. The percentage in price cannot let the smoker to prevent smoking, so the amounts consume at the

Similar Documents

Premium Essay

Unit 3 Assignment

...Unit 3 Assignment Greg Phoenix Cleveland State Dr. King August 13, 2000 Unit 3 Assignment The slides I will be discussing are Psychology/Human services. Part 1: Were the individuals professional? Slide one: This slide is a picture of two people who appear to be talking. The one individual is leaning in touching her co-worker on the shoulder. Although her coworker seems distressed, I do not feel it is proper for her to have physical contact. Not everyone will feel that her act of kindness as welcoming. Workers have very different levels of acceptance for physical contact of any kind (Zupek, 2010). Something that seems very innocent to you and I could be offensive to another. Slide two: Shows a client laying on the couch with a tissue in her hand and the counselor is writing something down on paper. This picture is a classic for what people consider to be a normal therapy session. The counselor appears to be professional, but also seems distant. There is no eye contact with the patient, which may come across to the patient as “not listening”. Slide three: Is of a therapist standing in a room writing on something despite the fact they are in a group session. Is this individual professional? It appears she is, although she is distancing herself from the group. I guess it could be decided if we knew the exact situation instead of only seeing a picture of it. She appears to be working where she feels less distracted. I think she would be more professional if she were...

Words: 1010 - Pages: 5

Free Essay

Unit 3 Assignment

...IN THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF ILLINOIS JUSTIN WILLIAM KING, ) ) Plaintiff. ) ) ) v. ) ) ANHEUSER-BUSCH COMPANIES, INC. ) ) Defendant. ) ____________________________________) COMPLAINT Comes Now the plaintiff, Justin King, by and through his attorney, states as follows: PARTIES AND JURISDICTION 1. Plaintiff, for all times mentioned herein, was and is a resident of Cook County, State of Illinois. 2. Defendant is a corporation with is principal place of business in Missouri and carries on business in Illinois. This court has subject matter jurisdiction over the claims presented in this complaint under 28 U.S.C. § 1332 because plaintiff is a resident of Illinois and the defendant is a citizen of Illinois and the amount in controversy exceeds $75,000, exclusive of fees and costs. Personal jurisdiction and venue are proper in this District pursuant to 28 U.S.C. § 1391 because the acts of defendant caused harm to plaintiff in Ford County, in Northern District of Illinois. COUNT I: ________ On April 8, 2011, plaintiff was traveling south on Interstate 57 just south of Chicago traveling on a motorcycle going about 60-65 MPH when a beer truck comes up behind him and flashes his lights. The client then moves into the right lane and shortly after beer cases fall off the truck and the client starts to swerve to miss the cases. On the occasion in question, defendant...

Words: 692 - Pages: 3

Premium Essay

Unit 3 Assignment

...Algorithm Work Bench * Write assignment statements that perform the following operations with the variables a, b, and c. a. Adds 2 to a and stores the result in b b. Multiplies b times 4 and stores the result in a c. Divides a by 3.14 and stores the result in b d. Subtracts 8 from b and stores the result in a Set b = 2 + a Set a = b * 4 Set b = a / 3.14 Set a = b – 8 * Assume the variables result, w, x, y, and z are all integers, and that w = 5, x = 4, y = 8, and z = 2. What value will be stored in result in each of the following statements? a. Set result = x + y b. Set result = z * 2 c. Set result = y / x d. Set result = y – z a. 12 b. 10 c. 2 d. 6 * Write a pseudocode statement that declares the variable cost so it can hold real numbers. Floating-point variable cost. * Write a pseudocode statement that declares the variable total so it can hold integers. Initialize the variable with the value 0. Declare total as integer = 0 * Write a pseudocode statement that assigns the value 27 to the variable count. count = 27 * Write a pseudocode statement that assigns the sum of 10 and 14 to the variable total. Declare total as integer = 0 set total = 10 + 14 * Write a pseudocode statement that subtracts the variable downPayment from the variable total and assigns the result to the variable due. Declare downPayment as integer Declare Total as integer Declare due as integer set due = total – downPayment * Write a pseudocode...

Words: 578 - Pages: 3

Premium Essay

Unit 3 Assignment 1

...Unit 3 Assignment 1: Compare Windows 8 and Windows RT Course Objectives and Learning Outcomes Identify the characteristics of popular mobile operating systems. Compare mobile operating systems to their related desktop operating systems. Identify the characteristics of Windows Phone. Identify differences and similarities between Windows 8 and Windows Phone 8. Assignment Requirements Research Windows 8 and Windows RT on the Microsoft website and write a paper that discusses the implications of an integrated platform. Required Resources Web browser Windows RT website http://windows.microsoft.com/en-us/windows/rt Submission Requirements Submit a one-page paper that compares Windows 8 and Windows RT. The paper should identify five similarities and five differences between the platforms. You should also discuss how an integrated platform affects users and developers. Which operating system is required for mobile application development? Why? Evaluation Criteria Category | # | Criteria | CONTENT, 90% | 1.1 | The paper should identify 5 similarities between Windows 8 and Windows RT. Up to 20 points for this element | | 1.2 | The paper should identify 5 differences between Windows 8 and Windows RT. Up to 20 points for this element | | 1.3 | The paper should discuss how an integrated platform impacts users. Up to 20 points for this element | | 1.4 | The paper should discuss how an integrated platform impacts developers. Up to 20 points for this element...

Words: 283 - Pages: 2

Premium Essay

Unit 3 Assignment 1

...October 1, 2014 NT2580 Unit 3 Assignment 1 There are three key parts I will have to take into account while designing a Remote Access Control Policy for Richman Investments. These three parts (Identification, Authentication and Authorization) will not be all for the Remote Access Control Policy, I will need to include the appropriate access controls for systems, applications and data access. I will also need to include my justification for using the selected access controls for systems, applications and data access. The first part I need to implement for this Remote Access Control Policy is Identification, which is defined in this sense as: physical keys or cards, smart cards, and other physical devices that might be used to gain access to something. What needs to be done for the Remote Access Control Policy is a group member policy needs to be setup which uniquely identifies each user. Users should be identified by rank with higher ranking users requiring more authentications. Each individual user should be assigned to a group based on rank with special permissions. Using this system for Identification will make our company more secure in day to day operations. The second part I need to implement for this remote access control policy is Authentication, which is defined as: what you know or passwords, numeric keys, PIN numbers, secret questions and answers. For remote access, there must be proof that the person is who they say they are every time they attempt to access...

Words: 364 - Pages: 2

Premium Essay

Unit 3 Assignment 1

...Jennifer Schneider – NT 1230 – Client-Server Networking – Unit 3; Assignment 1 IPv6 Addressing 1.) Research the following organizations and explain their involvement with the Internet Public IP Addresses a. American Registry for Internet Numbers: Allocates, transfers and records maintenance of IP addresses as well as reverse DSN. b. Internet Assigned Numbers Authority: Allocates IP addresses from the pools of unallocated addresses to the RIRs according to their needs as described by global policy and to document protocol c. Asia-Pacific Network Information Center: Distributes and maintains IPv6 addresses 2.) Approximately how many IPv4 addresses are possible? There are approximately 4.3 billion IPv4 addresses available. 3.) Approximately how many IPv6 addresses are possible? There are 340,282,366,920,938,463,463,374,607,431,768,211,456 Ipv6 addresses available 4.) Why do you think the world is running out of IPv4 addresses? The internet really started in the 70s as a DARPA research project. At the time, there were 60 or so institutions expected to connect. As the interested research community grew, the addressing scheme was expanded from 8 bits (256 addresses in the predecessor to Internet Protocol (IP) known as Network Control Protocol (NCP)) to 32 bits (the IPv4 addresses we have today). At the time, it was still expected that the internet would serve largely defense, research, and educational institutions. It was essentially a laboratory experiment on a really large...

Words: 411 - Pages: 2

Premium Essay

Nt1310 Unit 3 Assignment

...Unit 3 Assignment: Short Answer Question 1 Answer: In the United States, taxes impacts us all and it will never go away, which is why it is important for us all to get a clearer understanding of it. In a scenario in which a friend of mine was to reject having an increased income because of his or her fear of being placed in a higher tax bracket and therefore paying higher tax payments is the wrong mindset for them and anyone else to have. Having that kind of mindset lets me know that they have been given misleading information on how our tax system works here in the United States, and as I stated earlier, it is essential that we first and foremost understand taxes in order to make important financial decisions. It would be understandable for...

Words: 1558 - Pages: 7

Premium Essay

Nt1330 Unit 3 Assignment

...Unit 3 Assignment Diane Peplinski Business Segment Processes Current State of Wireless Implementation for the Process Technology Used/Proposed for Wireless Implementation Benefits of Moving to Wireless Possible Timeline Customer Service Mobile Point of Sale systems Currently exists mPOS Shorter wait times, improved customer satisfaction, greater flexibility Year 1 Networked tablets for staff Does not exist iPad Inventory management, able to see how many items are in stock, enhanced customer service throughout the store Year 1 In Store Public Wi-Fi service for shoppers Does not exist Wi-FI Enhances shopper experience Year 1 IT Security Security audit and review Does not exist Qradar Review and documentation of who accesses the system and records what changes were made Year 1 Access policy Does not exist Mobile Iron Mobile Iron can set policies on mobile devices and keeps them secure Year 1 Web scans Does not exist Qualys...

Words: 808 - Pages: 4

Premium Essay

Nt1330 Unit 3 Assignment

...CS 2301- Unit 3 Learning Assignment Abebe Erena University of the people term 5 (2015-2016) July 6, 2016 An operating system (OS) is a program that manages the computer's resource and its CPU, primary storage, it's input/output device. so that the resources can be correctly and fairly used by one or more persons and /or computer programs. an operating system will initialize the various registers when started, something like buffers, and controllers used by the computer. *multi-programming has come to be a given in modern computing. a computer allows multiple programs to execute more than one program at a time. for example, say a word processor,...

Words: 643 - Pages: 3

Free Essay

Unit 3 Assignment 1

...Craig Roxbury Unit 3 Assignment 1 Erica Lanier Video Summary 1 In video 1.07 the lesson is on ports and connectors. There are three different types of ports, those are serial port, parallel port and game port. The serial port is usually male and have 9 or 25 pins. The parallel port is usually female and has 25 pins. The game ports are female and have 15 pins. All of those ports have been replaced by USB ports. The video also discusses how the modem connects to a phone line and converts digital to analog. It explains there are two types of SCSI narrow and wide SCSI, the narrow SCSI has 50 pins and the wide has 68 pins. Video 1.09 teaches that there are two types of monitors, you have CRT and LCD. CRT stands for cathode ray tube and LCD stands for liquid crystal display. The CRT is similar to an old television and the LCD uses thin film transistors and the back lighting is through polarized panels. Your specifications of a monitor include screen size, contrast ratio, refresh rate, response time, interfacing, dot pitchand pixel pitch. Video 1.11 focuses on types of printers and the types of problems that come with each. There is the Dot Matrix, Ink Jet and the laser printers. Overall the videos covered your computer basics and the parts that make it productive. I could comprehend the objective of the videos but they all covered a plethora of information in a matter of minutes, so I feel there was a lot that I missed. Fortunately what I did not catch in the video chapter...

Words: 322 - Pages: 2

Premium Essay

Unit 3. Assignment 1

...Unit 3. Assignment 1. IPv6 Addressing 1. Research the following organizations and explain their involvement with the Internet public IP addresses a. American Registry for Internet Numbers (ARIN) ARIN, a nonprofit member-based organization, supports the operation of the Internet through the management of Internet number resources throughout its service region; coordinates the development of policies by the community for the management of Internet Protocol number resources; and advances the Internet through informational outreach. IP address space allocation, transfer, and record maintenance https://www.arin.net/about_us/overview.html b. Internet Assigned Numbers Authority (IANA) IANA is responsible for global coordination of the Internet Protocol addressing systems, as well as the Autonomous System Numbers used for routing Internet traffic. http://www.iana.org/numbers c. Asia-Pacific Network Information Center (APNIC) The Asia Pacific Network Information Centre (APNIC) is an organization that manages the assignment of Internet number recourses within the Asian continent. APNIC sets the rules, regulations and standards that all designated organizations must abide by and implement. End-user organizations and Internet service providers take direction from Regional Internet Registries (RIRs) like APNIC to provide Internet resources within certain regions. The Internet number resources include antonymous system numbers as well as IP addresses that assist in clearly defined...

Words: 577 - Pages: 3

Free Essay

Unit 3 Assignment 1

...IS3340-WINDOWS SECURITY | Encryption and BitLocker Activity | Unit 3 Assignment 1 | | | 5/1/2014 | | 1. One of the shop floor computers that is connected to your network is commonly used by the floor manager. You want the floor manager’s files to be encrypted on that computer. Although the floor manager’s documents folder is on a central server, there are some local temporary files that could contain sensitive information and should be encrypted at all times. Which Windows encryption feature would best provide encryption for all of the floor manager’s local files while leaving other users’ files unencrypted? Folder Encryption: EFS 2. The human resource (HR) manager stores a spreadsheet with sensitive personal information on her local workstation. The spreadsheet is the only file with sensitive data and the name of the spreadsheet does not change. Which Windows encryption feature would ensure this one file is always stored on the disk in encrypted format? File Encryption: EFS 3. The chief executive officer (CEO) wants to copy confidential sales projection information from her workstation to her laptop via a universal serial bus (USB) device. What is the best option to ensure the confidential information is secure during the copying process? BitLocker To Go 4. You want to encrypt your main file server’s disk that stores confidential information for several users. Which Windows encryption feature encrypts an entire disk and is not dependent...

Words: 294 - Pages: 2

Premium Essay

Unit 3 Assignment 1

...October 1, 2014 NT2580 Unit 3 Assignment 1 There are three key parts I will have to take into account while designing a Remote Access Control Policy for Richman Investments. These three parts (Identification, Authentication and Authorization) will not be all for the Remote Access Control Policy, I will need to include the appropriate access controls for systems, applications and data access. I will also need to include my justification for using the selected access controls for systems, applications and data access. The first part I need to implement for this Remote Access Control Policy is Identification, which is defined in this sense as: physical keys or cards, smart cards, and other physical devices that might be used to gain access to something. What needs to be done for the Remote Access Control Policy is a group member policy needs to be setup which uniquely identifies each user. Users should be identified by rank with higher ranking users requiring more authentications. Each individual user should be assigned to a group based on rank with special permissions. Using this system for Identification will make our company more secure in day to day operations. The second part I need to implement for this remote access control policy is Authentication, which is defined as: what you know or passwords, numeric keys, PIN numbers, secret questions and answers. For remote access, there must be proof that the person is who they say they are every time they attempt to access...

Words: 364 - Pages: 2

Premium Essay

Unit 3: Marketing Assignment

...Unit 3: Marketing Assignment Task 1 "Marketing is the management process responsible for identifying, anticipating and sufficient customer requirements beneficially." http://www.getin2marketing.com/discover/what-is-marketing This means the ideas, the brand, how you communicate, the design, print process, measuring effectiveness, market research and the psychology of consumer behaviour all count as part of the bigger picture of ‘marketing’. It is a process and not just the production of a single piece of promotional material. Secondly, it is all about satisfying customer needs and those companies that anticipate the needs and respond to them first and/or best will win. Thirdly, the marketing department does not have exclusive rights over this process. A good marketer will ensure all departments within a company have input into this process. Lastly this process has to be profitable for the company. The following describes the four P's of marketing: Products are the goods and services that the business provides for sale to your target market. When developing a product they should consider quality, design, features, packaging, customer service and any subsequent after-sales service. It also refers to the variation in a product range e.g. Cadburys has dairy milk Oreo, dairy milk whole nut etc. Place is in regards to distribution, location and methods of getting the product to the customer. This includes the location of your business, shop front, distributors, logistics...

Words: 1136 - Pages: 5

Premium Essay

Nt1310 Unit 3 Assignment 3

...I have decided the best way to visualise how the application will look like from the user prospective will be to make a storyboard. This story board I created illustrates how the user is interacting with the GUI of the application. To produce this, I used a software called Balsamiq Mockups 3, the advantage of using this is that I could hyperlink storyboards together and run a simulation of the software. This was very helpful to me because it allowed me to visualise how the GUI will work and look before implementing it. The Story board is located in appendix A. EER diagram is for illustrating entities, relationships and attributes in your database but this does not show how the data is manipulated by the application. First the data has to be...

Words: 517 - Pages: 3