Samantha waring has been struggling with her statistics class. the stats class is the last quantitative course samantha needs to take before she begins her studies in her sustainability major. samantha has found a way that a friend, who is a whiz at stats, can take the stats class exams for her. samantha says the following, "i am not going to need stats in the work i plan to do. and, if i don’t pass the stats class, i cannot study sustainability. and, i really want to work in that field so that i can change people and save the planet. i am clearly not doing this for money or my gpa. i’ve seen other students do worse than this and they are only doing it for a better résumé. changing the world is more important. besides, almost everyone in college cheats." consider samantha’s statement that if she doesn't pass, she cannot work in sustainability, and decide which of the following applies to the thought. a. samantha is using moral relativism. b. samantha is applying the blanchard/peale test. c. samantha is applying the categorical imperative. d. samantha is applying positive law.

Suppose that fixed costs for a firm in the automobile industry (start-up costs of factories, capital equipment, and so on) are $5 billion and that variable costs are equal to $17,000 per finished automobile. because more firms increase competition in the market, the market price falls as more firms enter an automobile market, or specifically, , where n represents the number of firms in a market. assume that the initial size of the u.s. and the european automobile markets are 300 million and 533 million people, respectively.a. calculate the equilibrium number of firms in the u.s. and european automobile markets without trade.b. what is the equilibrium price of automobiles in the united states and europe if the automobile industry is closed to foreign trade? c. now suppose that the united states decides on free trade in automobiles with europe. the trade agreement with the europeans adds 533 million consumers to the automobile market, in addition to the 300 million in the united states. how many automobile firms will there be in the united states and europe combined? what will be the new equilibrium price of automobiles? d. why are prices in the united states different in (c) and (b)? are consumers better off with free trade? in what ways?