Research and comment on the new potential difficulties that the worldwide Coronavirus pandemic will create for businesses that: - Already operate internationally Ensure that you illustrate your answer with examples of real businesses and situations.
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Q: how you can apply this in real life situation: discuss how you can help the newly set-up businesses…
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- Can you continue to the otherremaining please.Union of South American Nations (USAN)How these RO are affected and responded to the COVID 19 pandemic.)a-Ali receives utility from the Korean vaccine(K) and American vaccine(V) that he receives in thefollowing format: U=K*VPv=200Pk=160I=8000After the Korean vaccine price goes up to 250 TL, as there is increased international competition toreceive it what is the compensation the Turkish government needs to offer for the individual`s utility tostay constant?b)With the Korean vaccine price going up to 250 TL, please differentiate the substitution vs incomeeffect of this price increase. Is the vaccine a normal good or an inferior good?c) Individuals gain utility from two things: leisure(N) and numeraire good consumption(C). In their youththey maximize:U1(N1, C1) = (N)1/2 (C)1/2Budget constraint should be constructed in the following way: With 24 hours of work, you buy leisurehours, and the numeraire good, which has a price of 1. If you get an hourly wage rate of w,Please set up the Lagrangian for utility maximization. Solve for w=10, your labor decision for the firstperiod.d-Let us assume…1. The Executive Director of RBTT ROYTEC is interested in finding out whether ROYTEC staff are satisfied with the level of safety protocols practiced by ROYTEC students for the Covid-19 pandemic during face-to-face interactions at ROYTEC for the academic year 2021/ 2022. (a) What/who will constitute the population in this context? Please answer this question in detail.
- how you can apply this in real life situation: discuss how you can help the newly set-up businesses in your community in coping up with the pandemic (COVID-19).Imagine a scenic canyon, visited by many local people as well as tourists from beyondthe local area. Consider a scenario in which a mining company has proposed to the localauthority that it be closed to the public and put into the production of coal. Thinking interms of economics as a way of adjudicating the relative value of one use of the canyon overthe other, what would you need to know in order to make a comparison or assessment?What kinds of quantitative data would inform your decision, and where might they comefrom? What kinds of things might you need to know that are hard to measure? Once youhave listed the kinds of information and data that might be available to inform this decision, do you think it would be sufficient to making this decision, why or why not?Case: Despite 2015 Paris agreement, global carbon emissions increased 1.7 percent in 2017 and a further 2.7 percent in 2018; it has been estimated that the rate of increase in 2019 will be among the highest on record. The last four years have been the hottest on record, with 2019 on track to make it five. But analyses suggest that fast action now can reduce carbon emissions within 12 years and hold global increases below 2 degrees C and perhaps 1.5. Even though carbon emissions in The Gambia, Morocco and India are expected to rise, they’ll fall short of exceeding the 1.5-degree Celsius limit. But some countries, such as Saudi Arabia, Russia, and United States, are not trying hard enough. a. Explain the inefficiency in this case! Use graphics b. Why can't this problem be solved through market mechanisms as in private goods? c. Give possible public (global) solutions and private (global) solutions to this and what are the advantages and disadvantages of each.
- 1. When is the appropriate time to invest, Is it today or after pandemic? Why not? 2. Is is right to impose another lockdown with the new covid strain that was identified?In the post lockdown scenario it is expected that with economic activity slowing down,impacting buying power of consumers, demand will shift towards smaller cars or low price carsand first time buyers. MarutiUdhyog Ltd.(MUL) is faced with a dilemma. If it retains its presentlevel of profit margin, it will continue to lose its market share and if it cuts down the price toretain the demand for its car and its market share it loses the profit volume. What in youropinion should be the objective of MUL.64. (This problem assumes knowledge of the basic rulesof baseball.) George Lindsey (1959) looked at boxscores of more than 1000 baseball games and foundthe expected number of runs scored in an inning foreach on-base and out situation to be as listed in the fileP09_64.xlsx. For example, if a team has a man on firstbase with one out, it scores 0.5 run on average untilthe end of the inning. You can assume throughout thisproblem that the team batting wants to maximize theexpected number of runs scored in the inning.a. Use this data to explain why, in most cases,bunting with a man on first base and no outs isa bad decision. In what situation might buntingwith a man on first base and no outs be a gooddecision?b. Assume there is a man on first base with one out.What probability of stealing second makes an attempted steal a good idea?
- The problems with e.g."Acid rain" created by emissions of sulfur dioxide has been onemajor problem in Sweden, not least because emissions have occurred in other countries (eg England and Denmark) andthen transported here. Now assume that if one tonne of sulfur is emitted in England, it results in one (1) gram of sulfur deposition in Sweden. The corresponding deposit of one tonne of sulfur emissions in Denmark is assumed to be 3 grams. Suppose further that The socio-economic damage of one gram of sulfur deposit can be estimated at SEK 0.10.The marginal cost of reduce sulfur emissions in England is estimated at Z SEK per tonne, and in Denmark the equivalent is estimatedcost to 2Z SEK per tonne. Z indicates here the emission reduction in tonnes (eg in Denmark it would cost SEK 4 toreduce emissions by two tonnes). In other words, Z = 0 corresponds to the emission level where there is no reductionemissions occur. a) Suppose now that the European Union decides that Denmark and England…words about the negative/positive impacts of Corona virus (COVID19) on tourism sector in OmanA nation’s population size and the affluence of its citizenseach influence its resource consumption and environmentalimpact. As of 2013, the world’s population passed 7.1 billion,average per capita income was $11,690 per year, and the latest estimate for the world’s average ecological footprint was2.7 hectares (ha) per person. The sampling of data in the tablewill allow you to explore patterns in how population, affluence,and environmental impact are related. Calculate the total impact (national ecological footprint)for each country.
