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You will receive 1 Historical Event Prompt and 1 Opinion Essay Prompt from the list provided.
These are provided so you can have an outline or response prepared in your own words. You will have approximately 20 min for each prompts in the timed Mid Term to complete them. The prompts on your MidTerm will be randomly chosen from the list provided.
Historical event to outline
For this prompt you will need to List 5 steps or parts of the transition relating to the specific question, Include a brief explanation for the 5 steps. Please use examples from the lessons and text to support the list. This should not be over 700 words in length.
The manager of a major league baseball team argues: “Even if I thought Player X was washed up, I couldn’t get rid of him. He’s in the third year of a four-year, $24 million deal. Our team is in no position to eat the rest of his contract.” Analyze th..
The annual fixed costs for a plant are$100,000.For production at 80% of the full capacity, the variable cost is$140,000 and the net sales is $280,000 if the selling price per unit is $40 Draw the breakeven chart. what is breakeven point in units of p..
A cigar seller notices that the demand for cigars is highly inelastic. In an attempt to increase revenue, he lowers cigar prices. Explain briefly whether he has made the right or wrong decision and why? For full credit you have to use a diagram to ma..
How does the relationship between saving and investment affect the current account balance? What is the connection between the government’s budget deficit and the current account deficit?
the student has decided to save money in equal monthly amounts for 48 months and then pay cash. If the student earns 0.75% per month interest on the money she saves, how much money is the monthly savings?
Suppose you manage a perfectly competitive firm. Your short-run total cost is given by the following: TC=200+2q^2, where q is the quantity produced by your firm. Given this total unit cost, the firm’s short-run marginal cost is given by: MC=4q A. Wha..
If a product becomes more popular among buyers, then its supply will decrease and its price will rise as shoppers buy more of it from the sellers. If the government grants a subsidy to homebuilders, then the supply of lumber will increase because lum..
Rivalry is especial destructive to probability if:
Compare the additional revenue Microsoft makes as it moves from 20 million to 40 million copies of Vista with the additional revenue it makes as it moves
Imagine you have some workers and some handheld computers that you can use to take inventory at a warehouse. There are diminishing returns to taking inventory. If one worker uses one computer, he can inventory 100 items per hour. If you assign one w..
Suppose that a monopolistically competitive restaurant is currently serving 230 meals per day (the output where MR=MC). At that output level. ATC per meal is $10 and consumers are willing to pay $13 per meal. What is the size of the firm's profit
The following events occur in the market for good B, which is a normal good: Identify the impact of the event to the equilibrium price and quantity of each event.
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