The government imposes a restriction on firms such that no more than Upper Q 2 units of output can be produced so that the new supply curve intersects the demand curve at e 2. Discuss the effects on consumer surplus (CS), producer surplus (PS), welfare (W), and deadweight loss (DWL). As a result of the restriction, the change in consumer surplus (Upper DeltaCS) in terms of the letters given is Upper DeltaCSequals nothing. As a result of the restriction, the change in producer surplus (Upper DeltaPS) in terms of the letters given is Upper DeltaPSequals nothing The change in welfare (Upper DeltaW) in terms of the letters given is Upper DeltaWequals nothing The deadweight loss from the restriction (DWL) in terms of the letters given is DWLequals nothing

In year 1, the bennetts' 25-year-old daughter, jane, is a full-time student at an out-of-state university but she plans to return home after the school year ends. in previous years, jane has never worked and her parents have always been able to claim her as a dependent. in year 1, a kind neighbor offers to pay for all of jane's educational and living expenses. which of the following statements is most accurate regarding whether jane's parents would be allowed to claim an exemption for jane in year 1 assuming the neighbor pays for all of jane's support? a.no, jane must include her neighbor's gift as income and thus fails the gross income test for a qualifying relative.b.yes, because she is a full-time student and does not provide more than half of her own support, jane is considered her parent's qualifying child.c.no, jane is too old to be considered a qualifying child and fails the support test of a qualifying relative.d.yes, because she is a student, her absence is considered as "temporary." consequently she meets the residence test and is a considered a qualifying child of the bennetts.

1. what must one do to perform the essential managerial task of controlling in achieving organizational goals? a. motivate, coordinate, and energize individuals and groups to work together to achieve organizational goals b. choose appropriate organizational goals and courses of action to best achieve those goals c. establish task and authority relationships that allow people to work together to achieve organizational goals d. establish accurate measuring and monitoring systems to evaluate how well the organization has achieved its goals

What type of negotiating strategy requires the supplier to open its books to the purchasers? a. competitive biddingb. cost-based price modelc. price-based modeld. market-based price modele. transparent negotiations