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Vlada [557]
1 year ago
11

There are three equally-sized distinct subpopulations in Utopolis: unemployed, workers, and retirees. There are four possible so

cial states which result in different utility levels for the three subpopulations:_______.
Social State Unemployed Workers Retirees
A 12 50 10
B 20 20 20
C 15 15 15
D 1 40 1
a. Which social states might plausibly be chosen by the government of Utopolis? And Why?
b. There is a government election in Utopolis with two candidates: a Rawlsian and a Utilitarian candidate. Each candidate promises to enact one of the social states above. If the majority of citizens elect the candidate, which social state will be enacted?
Business
1 answer:
olganol [36]1 year ago
4 0

Answer:

A) social state A and social state D

B) Social state D

Explanation:

A) The social states that might be chosen by the government are

State A  and State D  : Because it has a reasonable number of active worker that are far greater than the unemployed and Retirees and this means that there is a reasonable amount of income  in the social states and the data from other social states looks quite Fraudulent because there is no way the unemployed = workers and also = Retirees

B) The social state that will most likely be enacted is Social state D and this is due to the High ratio of Active workers compared to the unemployed and retirees

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Compute the variances in dollar amount and in percentage. (Round to the nearest whole percent.) Indicate whether the variance is
ANTONII [103]

Answer:

The dollar variance is -$100.

The percent variance is -20%.

Since the actual income is less than the budgeted income, the variance is unfavorable (U).

We calculate Dollar Variance as : Actual Amount - Budgeted Income

Dollar Variance = 400 - 500 = 100

Next, we calculate percent variance as :

Percent variance = \frac{Dollar Variance}{Budgeted Income} *100

Plugging the values in we get,

Percent Variance = \frac{-100}{500} *100

Percent Variance = -20%



6 0
2 years ago
Tim spends his income on donuts (D) and coffee (C). Coffee is $2 per cup and donuts are $1 each. Assume that Tim has $10 to spen
stealth61 [152]

Answer:

Optimal number of donuts = 5 Donuts

Optimal cups of coffee = 2.5 cups.

Explanation:

Optimal numbers of donuts and coffee can be calculated as follow

First, we need to determine the budget constraint as below

M = ( P(D) x D ) + ( P(C) x C )

Placig values in the formula

10 = D + 2C

Now make utility function as:

U(D,C) = D0.5 C0.5

Marginal Utility donuts

MU(D) = 0.5D-0.5C0.5

Marginal Utility Coffee

MU(C) = 0.5D0.5C-0.5

The formula for marginal rate of substitution

(MRSD,C)= MU(D) / MU(C)  = 0.5D - 0.5C0.5 / 0.5D0.5C - 0.5  = C/D

Now calculate the optimal consumption level  

MRSD,C = P(D) / P(C)

C/D = 1/2

D = 2C (Equation 1 )

Placing the value of D resulted from equation 1, in the budget constraint we as below

10 = D + 2C

10 = 2C + 2C

10 = 4C

C = 10/4 = 2.5

NOw place the value of C in equation 1

D = 2C = 2(2.5) = 5

Optimal number of donuts = 5 Donuts

Optimal cups of coffee = 2.5 cups.

7 0
1 year ago
What process guides your entry and closing points? 1. Reducing the randomness of your approach 2. Pragmatic 3. Facilitate adapta
Airida [17]

Answer:

1. Reducing the randomness of your approach

Explanation:

Reducing the randomness of your approach guides your entry and closing points

8 0
1 year ago
As a middle manager, Jobeth selects the goals for her team. The task that Jobeth is demonstrating is called leading.A) True B) F
Georgia [21]

Answer: false

Explanation: Leading is guiding or encouraging the institution's leader to work with both the institution's purpose. It is named leadership to promote a positive mindset towards the function and objectives among the workers of the company.

A basic definition would be that leadership refers to the practice of inspiring a set of individuals to move towards a shared goal. This can involve leading staff and coworkers with a plan in a professional environment to fulfill the requirements  of the business.

Thus, from the above we can conclude that Jobeth was not performing leading.

3 0
1 year ago
Grensfield, a state in Markova, is struggling to allocate sufficient financial resources to its employee pension funds. To fulfi
marshall27 [118]

Answer:

The action by Grensfield State that is likely to receive the most support from the public is:

a. Coupling employee contribution plans with tax exemption benefits

Explanation:

The employees of Grensfield State, including the public, would support pension contribution plans that are coupled with tax exemption benefits.  The exemption benefits make contribution plans attractive to the workers. Engaging in any of the other three actions will not solve the pending problem nor win the support of the public to the state government's plans.

6 0
1 year ago
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