perziel21

Suppose the government imposes a price ceiling of $50 on a market characterized by
the following information:
Qd = 700 - 2P Qs = 100 + 4P
Calculate the magnitude of deadweight loss from the price ceiling. Find a price floor that will result
in the same magnitude of deadweight loss. [Note: P = price per unit; Qd = hundreds of units demanded;
Qs = hundreds of units supplied]

Question 1. Suppose the government imposes a price ceiling of $50on a market characterized by the following information: Qd = 700 -2P Qs = 100 + 4P Calculate the magnitude of deadweight loss fromthe price ceiling. Find a price floor that will result
in the same magnitude of deadweight loss. [Note: P = price perunit; Qd = hundreds of units demanded; Qs = hundreds of unitssupplied]

Question 2. Suppose the market for cigarettes is characterized bythe following information: Qd = 70 – 5P [Demand] Qs = 3P – 10[Supply] Suppose the government imposes a sales tax of $2 per unit.Answer questions (i) through (v) below:
i) Calculate the magnitude of the consumer surplus and producersurplus in the pre-tax equilibrium. ii) Calculate the tax revenuein the post-tax equilibrium. iii) Calculate the change in consumersurplus due to the sales tax.
iv) Calculate the change in producer surplus due to the sales tax.v) Calculate the Dead-Weight-Loss due to the sales tax. [Note: P =price per unit; Qd = thousands of units demanded; Qs = thousands ofunits supplied]

Question 3.Suppose the market for semiconductors in the U.S. ischaracterized by: Qd = 200 – 40P [Demand] Qs = 40 + 40P [Supply]The market for semiconductors in the rest of the world ischaracterized by:
Qd = 160 – 40P [Demand] Qs = 80 + 40P [Supply]
Suppose the U.S. government imposes a quota of 16 million units onits imports of semiconductors. Calculate the magnitude of thedeadweight loss resulting from the quota under the assumption thatthe U.S. is a small open economy. [Note: P = price per unit; Qd =millions of units demanded; Qs = millions of units supplied]

Question 4. Suppose the market for wine in the U.S. ischaracterized by: Qd = 100 – 20P [Demand] Qs = 20 + 20P [Supply]The market for wine in the rest of the world is characterizedby:
Qd = 80 – 20P [Demand] Qs = 40 + 20P [Supply] Calculate the changein deadweight loss if the U.S. replaces a prohibitive tariff perunit on imported wine by an equal production subsidy per unit ofwine sold by U.S. producers. [Note: P = price per unit; Qd =billions of units demanded; Qs = billions of units supplied]

Suppose that the demand curve (hundreds) for apples is given by Qd = 160 - 10P, where Qd is the
number of pounds demanded per year and p is the price per pound. The supply of apples
can be described by Qs = 30 + 3P, where Qs is the number of pounds provided.

A. The government imposes a tax of $13 per each pound sold, paid by the consumers. In this case, what is the price and consumer surplus?

Taxation Question (SHOW ALL WORK)

Suppose that the demand curve (hundreds) for apples is given by Qd = 140 - 5P, where Qd is the number of pounds demanded per year and p is the price per pound. The supply of apples can be described by Qs = 40 + 5P, where Qs is the number of pounds provided.

What is the equilibrium price? (Hint: At the equilibrium, quantity demanded and quantity supplied are equal, Qd = Qs.)

What is the equilibrium quantity supplied and demanded?

Calculate the consumer surplus at the equilibrium price.

Calculate the producer surplus at the equilibrium price.

Calculate the total surplus at the equilibrium price.

Now suppose that the government imposes a tax of $8 per each pound sold, paid by the producers. In this case, what are the price and the consumer surplus?

1. Suppose market demand for oranges is given by QD = 20 2P where QD is quantity demanded and P is the market price. Market supply is given by QS = P 1 where QS is quantity supplied and P is the market price.

(a) Find the equilibrium price and quantity in this market.

(b) What is the consumer surplus and producer surplus?

(c) Suppose that the government imposes a $3 tax on the good, to be included in the posted price (i.e. tax paid by suppliers). What is new equilibrium posted price? How much of that price do producers keep? What is the new market equilibrium quantity? What is the loss in surplus for consumers? Producers?

(d) Suppose instead the government imposes the $3 tax on top of the posted price (i.e. paid by consumers). What is the new equilibrium posted price? How much do the consumers pay for each unit of the good? What is the new market equilibrium quantity? How does consumer surplus and producer surplus compare to those in part (b)?

(e) Suppose instead of the tax, the government limits quantity to be no more than 4 units. Compare this policy, in terms of how it impacts producers and consumers, to the tax. What would producers prefer, the quantity restriction or the tax?

1. A consumer is willing to pay $12 for a good. The equilibrium price is $15. What is the consumer surplus?

2. The cost to produce good B is $22. the equilibrium price is $31. Find producer surplus.

3. A price ceiling is more appropriate when lawmakers are concerned about the welfare of

4. In order to be binding, a price floor must be set

5. A binding price ceiling will create a

6. The price elasticity of demand for good Y is 0.9. The price elasticity of supply for good Y is 0.65. A tax is applied to good Y. Who will pay a larger share of the tax?

What is flexible pricing so important? Consider your approach to handling a shortage and surplus if you were a store manager. Using a recent purchase that you had to make, explain how the law of demand applies. 
Also remember to use keywords such as consumer surplus, equilibrium, factors of production, inputs, Law of demand, normal good, surplus, short gate, price floor, etc 

QUESTION 1 (35 marks)

On 1st October 2017, Sugar Limited acquired 90% of Salt limitedby issuing 100 000 shares at an agreed value of N$1.60 per shareand N$ 140 000 in cash.

At that time, the Statement of Financial Position of SaltLimited was as follows:

N$ 000

Property plant and equipment 190

Inventories 70

Trade receivables 30

Cash and cash equivalent 10

Trade payables (40)

Total 260

The Consolidated Statements of Financial Position of SugarLimited as at 31 December were as follows:

2017 2016

N$000 N$ 000

Non-current assets

Property, plant and equipment 2 500 2 300

Goodwill 66 0

Total 2 566 2 300

Current assets

Inventories 1 450 1 200

Trade receivables 1 370 1 100

Cash and cash equivalents 16 50

Total 2 836 2 350

Total Assets 5 402 4 650

Equity attributable to equity holders of the parent

Share capital (N$ 1 ordinary share) 1 150 1 000

Share premium account 590 500

Retained earnings 1 791 1 530

3 531 3 030

Non- controlling interest 31 0

3 562 3 030

Current liabilities

Trade payables 1 690 1 520

Income tax payable 150 100

1 840 1 620

Total equity and liabilities 5 402 4 650

The Consolidated Statement of Profit or Loss for the year ended31 December 2017 was as follows:

Revenue 10 000

Cost of sales (7 500)

Gross profit 2 500

Administrative expenses (2 080)

Profit before tax 420

Income tax expense (150)

Profit for the period 270

Attributable to:

Equity holders of the parent 261

Non- controlling interest 9

270

You are also given the following information:

1. All the subsidiary are wholly owned

2. Depreciation charged to the consolidated income statementamounted to

N$210 000

3. There were no disposals of property, plant and equipmentduring the year

4. No dividend were paid by the parent company

Required

Prepare a Consolidated Statement of Cash flows for the yearended 31 December 2017 under the indirect method in accordance withIAS 7. (35 marks)

On 1st October 2017, Sugar Limited acquired 90% of Salt limitedby issuing 100 000 shares at an agreed value of N$1.60 per shareand N$ 140 000 in cash.
At that time, the Statement of Financial Position of Salt Limitedwas as follows:
N$ 000
Property plant and equipment 190
Inventories 70
Trade receivables 30
Cash and cash equivalent 10
Trade payables (40)
260
The Consolidated Statements of Financial Position of Sugar Limitedas at 31 December were as follows:
2017 2016
N$000 N$ 000
Non-current assets
Property, plant and equipment 2 500 2 300
Goodwill 66 0
Total 2 566 2 300
Current assets
Inventories 1 450 1 200
Trade receivables 1 370 1 100
Cash and cash equivalents 16 50
2 836 2 350 Total Assets 5 402 4 650

Equity attributable to equity holders of the parent
Share capital (N$ 1 ordinary share) 1 150 1 000
Share premium account 590 500
Retained earnings 1 791 1 530 Total 3 531 3 030
Non- controlling interest 31 0
Total 3 562 3 030
Current liabilities
Trade payables 1 690 1 520
Income tax payable 150 100
Total Current 1 840 1 620
Total equity and liabilities 5 402 4 650
The Consolidated Statement of Profit or Loss for the year ended 31December 2017 was as follows:
Revenue 10 000
Cost of sales (7 500)
Gross profit 2 500
Administrative expenses (2 080)
Profit before tax 420
Income tax expense (150)
Profit for the period 270
Attributable to:
Equity holders of the parent 261
Non- controlling interest 9
270
You are also given the following information:

1. All the subsidiary are wholly owned
2. Depreciation charged to the consolidated income statementamounted to
N$210 000
3. There were no disposals of property, plant and equipment duringthe year
4. No dividend were paid by the parent company
Required
Prepare a Consolidated Statement of Cash flows for the year ended31 December 2017 under the indirect method in accordance with IAS7. (35 marks)

c) You are a financial accountant for Spaghetti plc, a listed group. The financiacontroller has asked you to produce the consolidated statement of cash flows forthe year ended 31 December 2018 and has provided the following information:
(1) Extracts from Spaghetti plc's statement of financial position as at 31 December.

(2) During the year Spaghetti plc disposed of a subsidiary called Artichoke Ltd. The assets of Artichoke Ltd at the date of disposal were:

Non-controlling interest is valued using the fair value method and at the date ofdisposal was valued at f120.000.
(3) During the year ended 31 December 2018 Spaghetti plc:made a profit for the year ofE1,035,000, of which E200,000 was attributableto the non-controlling interest
paid ordinary dividends
sold a machine for E829,000. The cost at acquisition was f1,600,000 and accumulated depreciation E700000charged depreciation of E314,000

(i) As far as the information provided allows, prepare the following extracts fromSpaghetti plc's Consolidated Statement of Cash Flows:
Cash generated from operationsCash flows from financing activities
You should ignore tax for the purposes of this question
(15 marks)
(i)Explain why it is necessary to produce a consolidated statement of cash flows inaddition to the consolidated statement of financial position and consolidatedstatement of profit or loss
(5 marks)

In which structure does actual gas exchange take place in humans? What prevents the alveoli membranes from sticking together during exhalation? What is pulmonary surfactant? Why do premature babies often suffer from respiratory distress syndrome?

What is diapedesis?

How is sweat formed?

Why do exchange surfaces have to be moist? Why does diffusion work best when molecules have to cross only a short distance? Why is a high surface area required?

o What is partial pressure? How do you calculate (or estimate) it?

o Why is gas exchange more difficult for animals with gills than animals with lungs? What advantage does countercurrent exchange give for gas exchange in the fish?

o What is the pathway of oxygen entry into our lungs, from the time we inhale until it reaches the gas exchange surfaces in the alveoli? List the major structures, in correct order.

o What is negative pressure breathing? Which main muscle groups are involved in inhalation and exhalation? Which (inhalation/exhalation) is passive, which active?

o What tissue protects the human trachea and bronchial trees from collapsing during the pressure changes of breathing? Why don't the bronchioles have this?

o In which structure does actual gas exchange take place in humans? What prevents the alveoli membranes from sticking together during exhalation? What is pulmonary surfactant? Why do premature babies often suffer from respiratory distress syndrome?

o What is a respiratory pigment? In humans, which molecule is specialized to transport oxygen in the blood? In which cells do we find this pigment? Why can't we meet our oxygen needs by using the 02 dissolved directly in the blood?

o What's the relationship between CO2, bicarbonate (HC03- ), and carbonic acid (H2CO3)? In what form is most CO2 carried in our blood? What is the role of carbonic anhydrase in gas exchange?

o Which blood gas (02 or CO2,) controls breathing under normal conditions? How are its levels sensed by respiratory centers in the brain?

What adaptations are observed in trachea and lungs to reduce waterloss?

a.A countercurrent exchange system reduces water loss in animalswith either trachea or lungs.
b.The location of the trachea and lungs (inside of the body)reduces water loss.
c.Trachea and lungs secrete specialized oxygen-carrying chemicalsto reduce water loss.
d.Limbs are used by animals with trachea or lungs to move waterover these structures.

Where is the trachea located in the human body?

What are the chief problems and concerns facing Jewish youth? How will you, in your capacity as a youth worker, support your client in overcoming these problems?

please give notes on invitation of world religions