12 of 1712 of 17 Questions Question 1

Dean set a goal to do more than 900 push-ups this month. So far, he has done 230 push-ups, and there are 20 more days remaining this month. Dean will do the same number of push-ups on each remaining day. 12 of 1712 of 17 Questions

Question 1

Dean set a goal to do more than 900 push-ups this month. So far, he has done 230 push-ups, and there are 20 more days remaining this month. Dean will do the same number of push-ups on each remaining day. Part A

Create an inequality that represents the number of push-up, p, Dean must do on each remaining day to reach his goal. Enter your inequality in the box. Question 2

Part B

What is the minimum number of push-ups Dean must do on each remaining day to reach his goal?

Enter a number in the box

Gdonald was unhappy that his company did not provide good transport facilities. he found it very strenuous to drive to work on his own, and this eventually led to job dissatisfaction. hence, he recommended ways to solve this problem. according to the evln model, this information suggests that donald's main reaction to job dissatisfaction was:

Suppose a firm faces a fixed price of output, 푝푝= 1200. the firm hires workers from a union at a daily wage, 푤푤, to produce output according to the production function 푞푞= 2퐸퐸12. there are 225 workers in the union. any union worker who does not work for this firm is guaranteed to find nonunion employment at a wage of $96 per day. a.what is the firm’s labor demand function? b.if the firm is allowed to choose 푤푤, but then the union decides how many workers to provide (up to 225) at that wage, what wage will the firm set? how many workers will the union provide? what is the firm’s output and profit? what is the total income of the 225 union workers? c.now suppose that the union sets the wage, but the firm decides how many workers to hire at that wage (up to 225). what wage will the union set to maximize the total income of all 225 workers? how many workers will the firm hire? what is the firm’s output and profit? what is the total income of the 225 union workers? [hint: to maximize total income of union, take the first order condition with respect to w and set equal to 0.]

An insurance company estimates the probability of an earthquake in the next year to be 0.0015. the average damage done to a house by an earthquake it estimates to be $90,000. if the company offers earthquake insurance for $150, what is company`s expected value of the policy? hint: think, is it profitable for the insurance company or not? will they gain (positive expected value) or lose (negative expected value)? if the expected value is negative, remember to show "-" sign. no "+" sign needed for the positive expected value