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Chris M., M.S.W. Social Work
Category: Homework
Satisfied Customers: 2757
Experience:  Master's Degree, strong math and writing skills, experience in one-on-one tutoring (college English)
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# #1 A bond has a principal amount of \$1000, an annual interest

### Customer Question

#1 A bond has a principal amount of \$1000, an annual interest payment of \$100, and a maturity of 10 years. What is the bond's value or price, if camparable debt yields 12 percent?

#2 A firm has preferred stock outstanding that has a \$40 annual dividend, a \$1000 par value, and no maturity. If comparable yields are 9 percent, what should be the price of the preferred stock

#3 Your broker recommends that you pucrchase Good Mills stock at \$30. The stock pays a \$2.20 annual dividend that's expected to grow annually at 8 percent. (the smae rate of growth is expected for its per share earning.) If you want to earn 15 percent on your funds, should you pruchase this stock. Show calculations.

#4 Jennifer wants to buy a new car four years from now that will cost \$15000.00. To meet this goal, how much must she save annually, if the funds earn an interest rate of 6 percent

show all calculations for the 4 questions please and thank you!
Submitted: 5 years ago.
Category: Homework
Expert:  Chris M. replied 5 years ago.

Hello Customer,

Customer: replied 5 years ago.

WELL I WAS HOPING FOR TODAY IF POSSIBLE. IT WOULD BE GREAT

Expert:  Chris M. replied 5 years ago.

Hello Customer,

Hope this helps!

Customer: replied 5 years ago.

Chris,

Expert:  Chris M. replied 5 years ago.
Customer: replied 5 years ago.
no sorry still didn't work can you copy and paste it in to the body of this email???
Customer: replied 5 years ago.

Chris,

I have to go back to work so i will check again at 5 or 5:30 it is 11:50 right now if you care to know, thanks again for your help you have been a life savor.

Expert:  Chris M. replied 5 years ago.
OK, try this one.
Chris M., M.S.W. Social Work
Category: Homework
Satisfied Customers: 2757
Experience: Master's Degree, strong math and writing skills, experience in one-on-one tutoring (college English)
Customer: replied 4 years ago.
Okay I need u again. The economics of the public sector. Number. 05066700 and firm behavior and monopolies number(NNN) NNN-NNNN
Expert:  Chris M. replied 4 years ago.

Hello Customer,

Sorry, I don't have the answers to these exams. I would suggest that you make separate

posts for each exam and include the questions and multiple choices.

Good luck!

Customer: replied 4 years ago.
No problem because i just need help on a few not the whole test, so i will get a few questions to you maybe next week, Thank You!!!
Expert:  Chris M. replied 4 years ago.
Okay, Chrissy. Speak to you soon!
Customer: replied 4 years ago.

CHRIS,

HERE ARE A FEW QUESTIONS, THANK YOU IN ADVANCE

1. Goods that are NONRIVAL in consuption

A. are congested in consumption

B. are typically consumed jointly. (this is what i think it is)

C. can't be provided in the private secctor.

D. are always excluded.

2. Which of the following statements is Correct?

A. Tradable pollution permits exempt a firm from paying for its pollution

B. Pigovian taex from pollution firms are used to fund pollution permits.

C. There are no advantages to allowing a market for pollution permits.

D. Tradable pollution permits may be preferred to Pigovian taxes in some cases.

3. Environmentalists argue that we should protect the environment as much as possible, regardless of the cost involved. Which of the following is one of these costs?

A. Lower levels of nutrition and inadequate health care

B. A higher standard of living, but less available housing.

D. More expensive utilities, but lower taxes.

4. One reason that markets fail to allocate common resources efficiently is that

A. prices change in irregular ways.

B. social optimum doesn't occur at market equilibrium.

C. property rights aren't well established.

D. social welfare isn't maiximized at maret equilibrium.

I am sure when i do my next test i will have a few questions on it as well. Thank You again for your Help. :)

Expert:  Chris M. replied 4 years ago.

Hello Chrissy,

Sorry for the delay, but I was offline most of the day and just saw your reply. Here are the answers for comparison with your own.

1. B. are typically consumed jointly.

2. D. Tradable pollution permits may be preferred to Pigovian taxes in some cases.

3. A. Lower levels of nutrition and inadequate health care

4. B. social optimum doesn't occur at market equilibrium.

Hope this helps!

Chris M., M.S.W. Social Work
Category: Homework
Satisfied Customers: 2757
Experience: Master's Degree, strong math and writing skills, experience in one-on-one tutoring (college English)
Customer: replied 4 years ago.

I am sure i will have some more questions for you later. Thank you for your Help.

Expert:  Chris M. replied 4 years ago.

Thanks for the 'accept'. I'll be glad to assist you with further questions.

-Chris M.

Customer: replied 4 years ago.

1. When two goods are perfect complements, the indifference
curves are
A. straight lines. C. intersecting.
B. right angles. D. upward-sloping.

2. In a state where voters directly decide the size of the education
budget, 25 percent want no increase, 30 percent want a decrease,
10 percent want a small increase, and 35 percent want a large
increase. If the median voter theorem applies here, what budget
decision will result?
A. No increase
B. Decrease
C. Small increase
D. Large increase
3. The wage difference between jobs that require education and those that don't
A. isn't likely to be related to productivity differences.
B. encourages workers to bear the cost of acquiring education.
C. is a barrier to obtaining an education.
D. doesn't affect the supply of workers in the different labor markets.

4. When leisure is a normal good, the income effect from an increase in wages is manifest in
A. a desire to consume more leisure.
B. a desire to consume less leisure.
C. the backward-bending portion of labor supply.
D. a shift in labor demand.

5. The liberalism doctrine suggests that the focus of social policy would be to
A. elevate the well-being of all workers.
B. elevate the well-being of those at the bottom of the income distribution.
C. ensure an egalitarian distribution of income.
D. expropriate the factors of production from the capitalist class.

6. Employers who operate in competitive product markets and choose to practice
discrimination in hiring workers
A. will survive if they increase production and garner a larger market share.
B. will eventually earn zero economic profits.
C. are likely to eventually go out of business.
D. will survive as long as they're willing to have a smaller market share.

7. Goods that are difficult to substitute for each other will likely exhibit indifference curves that
A. are less bowed. C. are more bowed.
B. cross less frequently. D. have a slope close to -1.

8. There's an increasing gap in wages between unskilled and skilled workers in the United
States. One hypothesis to explain the gap is that when the United States increased its
participation in world markets, specialization and the pursuit of comparative advantage
precipitated a
A. fall in domestic demand for unskilled labor.
B. rise in domestic demand for unskilled labor.
C. fall in domestic supply of unskilled labor.
D. rise in domestic supply of unskilled labor.
9. An example of a transitory change in income is
A. the increase in income that results from a job promotion linked to your education.
B. the increase in income of California orange growers due to an orange-killing frost
in Florida.
D. an increase in income from personal investments.

10. When the income and substitution effects work in opposite directions,
A. it's possible that the law of demand is violated.
B. the substitution effect is always positive.
C. the income effect is always positive.
D. Giffen goods aren't possible.

11. In a labor market where employers are cutting wages to control costs, from whose
standpoint will the selection be "adverse"?
A. Good workers C. Employers
B. Poor workers D. Consumers

12. As a result of the tradeoff between income equality and incentives to work, an optimal
redistribution policy
A. will rarely fall short of a full egalitarian society.
B. is consistent only with transfers to the middle class.
C. always falls short of a full egalitarian society.
D. can never be funded through taxes on wage income.

13. The amount of a commodity that an individual is consuming
A. is affected only by prices.
B. affects the rate at which he or she is willing to trade.
C. is affected only by income.
D. won't affect the marginal rate of substitution.

14. Technology is an important factor in explaining the high incomes of superstars because
B. only technologically literate superstars can earn super incomes.
C. technology accounts for differences in incomes within all occupations.
D. technology makes it possible for the best producer to supply every customer at low cost.
15. The notion of utility is fundamental to utilitarianism and describes the
A. method whereby wealth is stored as flat currency.
B. method by which society chooses to allocate resources.
C. optimal distribution of wealth in society.
D. level of satisfaction derived from a person's circumstances.

16. An optimizing consumer will select a consumption bundle in which utility is maximized
A. as long as prices are minimized.
B. when income is maximized.
C. if indifference curves are linear.
D. subject to constraints imposed by the budget.

17. Taxi drivers in large cities are likely to earn more than taxi drivers in rural areas earn.
One reason for this wage differential could be that
A. driving in a large city is more fun than driving in a rural area.
B. driving in a large city is easier than driving in a rural area.
C. a taxi driver in a large city is unlikely to hit or be hit by an animal.
D. driving a taxi in a large city is more dangerous than driving in a rural area.

18. Which of the following statements about minimum-wage laws is correct?
A. Minimum-wage laws force a market imbalance between the supply and demand for
labor.
B. Minimum-wage laws increase the efficiency of labor markets.
C. Minimum-wage laws are typically associated with a rise in employment among the
poor.
D. Minimum-wage laws are most effective at alleviating poverty when labor demand is
highly elastic.

19. The slope of the budget constraint reveals information about the
A. level of income of the consumer.
B. relative price of commodities represented on the axes.
C. preferences of a consumer.
D. endowment of productive resources.

20. If John says, "I didn't want to waste my life deciding where to study, since XXXXX XXXXX
College seemed good enough," John is
A. overconfident. C. a satisficer.
B. concerned about fairness. D. inconsistent over time

2ND SET

4. GOVERNMENT LAWS THAT RESTRICT COOPERATIVE AGREEMENT ARE CALLED

B. ANTITRUST LAWS C. TORT LAWS

D. CORPORATE LAWS

5. THE BUSINESS-STELING EXTERNALITY ASSOCIATED WITH MONOPOLISTIC COMPETITION ARISES BECUASE IN MONOPOLISTICALLY COMPETITIVE MARKETS, FIRMS

A. ALWAYS CHARGE A PRICE HIGHER THAN MARGINAL COST.

C. ARE FEW BARRIERS TO ENTRY

D. PRODUCE AT LESS THAN EFFICIENT SCALE

6. WHICH OF THE FOLLOWING STATEMENTS IS CORRECT?

A. IF WAGES FALL, PROFIT MAXIMIZING FIRMS IN COMPETITIVE MARKETS WILL INCREASE EMPLOYMENT, AND THE MARGINAL PRODUCT OF LABOR WILL FALL.

B. IF WAGES FALL, PROFIT MAXIMIZING FIRMS IN COMPETITIE MARKETS WILL INCREASE EMPLOYMENT, AND THE MARGINAL PRODUCT OF LABOR WILL RISE

C. IF WAGES FALL, PROFIT MAXIMIZING FIRMS IN COMPETITIVE MARKETS WILL DECREASE EMPLOYMENT, AND MARGINAL PRODUCT OF LABOR WILL RISE.

7. THE MARKET FOR WINE IS LIKELY TO BE CHARACTERIZED BY WHICH FORM OF MARKET STRUCTURE?

A. MONOPLY C. PERFECT COMPETITION

D. MONOPOLISTIC COMPETITION

9. A KEY DETERMINANT OF RECENT LABOR PRODUCTIVITY HAS BEEN

A. FAMILY SIZE C. INFORMATIONTECHNOLOGY

D. AN INCREASE IN PRODUCT DEMAND.

10. THE DEADWEIGHT LOSS THAT'S ASSOCIATED WITH MONOPOLISTICALLY COMPETITIVE MARKETS IS A RESULT OF

A. OPERATING IN A CONSTANT COST INDUSTRY

D. PRICING ABOVE MARGINAL COST

11. THE PRACTICE OF SELLING A PRODUCT TO RETAILERS AND REQUIRING THE RETAILERS TO CHARGE A SPECIFIC PRICE FOR THE PRODUCT IS CALLED

A. FIXED RETAIL PRICING

C. RESALE PRICE MAINTENANCE

14. WHICH OF THE FOLLOWING STATEMENTS IS CORRECT.

A. OVER TIMEGOVERNMENT HAS BEEN LESS LENIENT TOWARD ADVERTISING IN ORDER TO ENHANCE THE ABILITY OF MARKETS TO ALLOCATE RESOURCES EFFICIENTLY

B. OVER TIME, GOVERNMENT HAS BEEN MORE LENIENT TOWARD ADVERTISING IN ORDER TO ENHANCE COMPEITION IN MARKETS

C. OVER TIME, GOVERNMENT HAS BEEN MORE LENIENT TOWARD ADVERTISING IN ORDER TO ENHANCE BRAND LOYALTY.

THANK YOU SO MUCH FOR YOUR HELP!!!

Expert:  Chris M. replied 4 years ago.

Hello Chrissy,

Here are the answers to the first set for comparison with your own.

1. B. right angles.

2. A. No increase

3. B. encourages workers to bear the cost of acquiring education.

4. A. a desire to consume more leisure.

5. B. elevate the well-being of those at the bottom of the income distribution.

6. D. will survive as long as they're willing to have a smaller market share.

7. C. are more bowed.

8. A. fall in domestic demand for unskilled labor.

9. B. the increase in income of California orange growers due to an orange-killing frost in Florida.

10. A. it's possible that the law of demand is violated.

11. A. Good workers

12. C. always falls short of a full egalitarian society.

13. B. affects the rate at which he or she is willing to trade.

14. D. technology makes it possible for the best producer to supply every customer at low cost.

15. D. level of satisfaction derived from a person's circumstances.

16. D. subject to constraints imposed by the budget.

17. D. driving a taxi in a large city is more dangerous than driving in a rural area.

18. A. Minimum-wage laws force a market imbalance between the supply and demand for labor.

19. A. level of income of the consumer.

20. C. a satisficer.

Here are the answers to the second set (some of the multiple choices were missing, but I was able to find them in the .pdf file).

4. A. cartel laws.

5. B. produce differentiated products.

6. D. If wages fall, profit-maximizing firms in competitive markets will decrease employment, and the marginal product of labor will rise.

7. B. Oligopoly

9. B. equilibrium wages.

10. C. pricing below marginal cost in order to increase market share.

11. D. cost-plus pricing.

14. D. Over time, government has been less lenient toward advertising in order to decrease elasticity of demand for specific products.

Hope this helps!

Customer: replied 4 years ago.
By chance did u get all of these answers from a lady with her bs degree, I look at some answers before I emailed u and she had a negative report saying that the student had failed that is why I added the last set because I had looked and changed my answer to hers and I also misses them and they are the same answers u gave me for them as well.
So just let me know. Thanks for your help I know you won't let ne down.
Expert:  Chris M. replied 4 years ago.

Hello Chrissy,

I did use an old answer set that I had on file. I was pretty sure I had answered these from the .pdf file study guide info., but I may have researched some of the questions and got wrong answers that were formerly given. Are you saying the second set of answers are all incorrect ? What about exam #05067000? Have you submitted that one? Do you need me to recheck those answers also?

Customer: replied 4 years ago.

Correct the last set of answers i received from that lady and they are all wrong. The first i have not submitted them becuase i don't want to get a bad grade again. But i did get them from the same lady and if you notice the student that she gave them to also failed. So just let me know what you fine out. The reason their are only 3 answers to the last set is becuase the other's were the wrong answers.

Thank You

Expert:  Chris M. replied 4 years ago.

Hello Chrissy,

Here are the corrected answers for the 2nd set of questions (exam #05066900):

4. B. antitrust laws

5. C. are few barriers to entry

6. A. If wages fall, profit-maximizing firms in competitive markets will increase employment, and the marginal product of labor will fall.

7. D. Monopolistic competition

9. C. Information technology

10. D. Pricing above marginal costs

11. C. Resale price maintenance

14. B. Over time, government has been more lenient toward advertising in order to enhance competition in markets.

I'm checking the answers to #05067000 and will see if there are corrections to be made in that exam.

Expert:  Chris M. replied 4 years ago.

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