The conference board publishes data on business cycle indicators (bci). the composite index of leading economic indicators is one of the three components of the bci. changes in leading economic indicators usually precede changes in gdp. some of the variables tracked by the index are listed below. i. the average weekly hours worked by manufacturing workersii. the average number of initial applications for unemployment insuranceiii. the amount of new orders for capital goods unrelated to defenseiv. the amount of new building permits for residential buildingsv. the s& p 500 stock indexvi. consumer sentimentexamine each variable and explain whether it is likely to be positively correlated, negatively correlated, or uncorrelated with real gdp. a.the average weekly hours worked by manufacturing workers is likely to be with real gdp. b.the average number of initial applications for unemployment insurance is likely to be with real gdp. c.the amount of new orders for capital goods unrelated to defense is likely to be with real gdp. d.the amount of new building permits for residential buildings is likely to be with real gdp. e.the s& p 500 stock index is likely to be with real gdp. f.consumer sentiment is likely to be with real gdp.

Table 1. shows the expected demand for the dvd at different suggested donation levels, and they can act as a single-price monopolist if they choose to. thereceipts will be used to fund gstcg supplies for their data collection and conservation work. at the end of each sea turtle nesting season, any excess funds are donated by the gstcg to a local non-profit sea turtle research and rehabilitation facility. table 1 suggested anticipated total marginal profit donation per number of dvd revenue revenue dvd request requests $19.00 0 $15.00 2 $9.50 4 $7.75 10 $3.00 15 $0.00 20 a. complete table 1 by computing the total revenue, marginal revenue, and profit columns. b. the president wants the gstcg to provide videos to generate the most possible donations (total revenue). what price, if any, is the president of the gstcg favoring and how many people will receive the dvd if this becomes the price of the suggested donation? explain your answer. c. the education outreach committee wants the gstcg to provide videos to the highest possible number of people. what price, if any, is the educational outreach committee favoring and how many people will receive the dvd if this becomes the price of the suggested donation? explain your answer. d. the treasurer of the gstcg wants the dvd program to be as efficient as possible so that the marginal revenue equals marginal cost. what price, if any, is the treasurer favoring and how many people will receive the dvd if this becomes the price of the suggested donation? explain your answer. e. the fundraising committee wants the dvd program to generate as much profit in donations as possible. what price, if any, is the fundraising committee favoring and how many people will receive the dvd if this becomes the price of the suggested donation? explain your answer.