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Problem 1: Short Answer Questions a) If the total benefits to society of achieving some specific level of pollution control are significantly greater than the total costs to society of doing so, will it necessarily be economically efficient (socially optimal) to do so? Explain your answer with words and a graph. b) In March 2011, the US EPA issued a report that looked at the results of the Clean Air Act from 1990 to 2020 (see: http://www.epa.gov/air/sect812/prospective2.html). This review found that in the central estimate of the CAA’s impact, benefits exceeded costs by a ratio of 30 to 1. This leads some environmental policy commentators to conclude that the EPA had not gone far enough in reducing air pollution. Under what conditions would a benefit cost ratio of 30:1 imply that it would be economically efficient to further reduce air pollution under the CAA? Assuming the EPA’s benefit-cost estimate is correct, is it possible that it could actually be economically efficient to loosen, rather than strengthen, air pollution regulations? Explain your answer with words and a graph.
Problem 2: Maximizing Net Benefits There are important trade-offs involved in granting “Wild and Scenic River Status” to portions of a river. How much of this public good, a free-flowing river, should be protected from further development? As an analyst in the Office of Policy Analysis of the U.S. Department of the Interior, you are called upon to make a recommendation. Each year, 1,000 people benefit from the river’s various services. A contingent valuation survey carried out by your office has estimated that each individual beneficiary has the same demand function for river preservation, Q = 75 – (0.25)(P) where P is the price-per-mile which persons are willing to pay (per year) for Q miles of river preserved. You find that the marginal (opportunity) cost of preservation is $60,000 per mile per year. [Hint: You need to derive the market (aggregate) demand curve for a public good.] a) How many miles of the river would be preserved in an efficient allocation? b) What is the magnitude of the total (gross), annual benefits associated with this (efficient allocation) policy? c) What are the total, annual costs of the policy? d) What is the magnitude of the total (annual) consumers’ surplus?
e) How large are net, annual benefits? f) If it turns out that the marginal cost of preservation is only $20,000 per mile per year, how many miles of the river would be preserved in an efficient allocation? g) Now assume substitute sites are available to beneficiaries, so their demands are substantially more elastic: their individual demand functions for river preservation are Q = 75 – (0.75)(P) In this case, with the original marginal costs of preservation of $60,000 per mile per year, how many miles of the river would be preserved in an efficient allocation?
Problem 3: Sensitivity of NPV to Discount Rates A ski resort wants to expand by opening more trails and adding a new high-speed chair lift. The initial capital investment for the expansion is $60,000 in year 0 and the resort will not benefit financially until after the project is completed in year 1. After that the annual net benefits will be $20,000 at the end of each year. Assume that the expansion terminates at the end of year 5. a) Is this investment NPV positive under a 5% discount rate? Under a 13% discount rate? b) The resort invests in the expansion but ownership decides to sell three years later. Does this affect the NPV analysis? Why or why not? Please state your assumptions. Hint: You do not need to complete another quantitative analysis, and there is more than one right answer.Social Groups: nursing essay help
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Lesson 6
In this week’s lesson you will further explore group behavior and groupthink.
Review the PowerPoint on Groups and Individuals
Watch the video “Social Groups – Crash Course Sociology #16”
Play Video
Next watch episode 38
Play Video
On-ground students – engage in a student led class discussion on the information contained in the videos.
Online students – either discuss the videos with a friend, family member, or colleague or consider it personally.
On-ground students – in small groups, discuss personal and/or professional examples of social influence as well as its impact on individual and group dynamics.
Online students – think about and/or discuss with a friend, family member, or colleague personal and/or professional examples of social influence, as well as its impact on individual and group dynamics.
Read “How Many Arguments Are Enough to Be Persuasive?”
Read “Cognitive Biases in Legal Decisions”
Write a 500-700 word discussion paper on the implications of the information contained in the articles. Use examples from the readings/videos to support your ideas.
Upload your paper to Moodle.Write a 700- to 1,050-word paper in which you
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Write a 700- to 1,050-word paper in which you:
Identify five recent commercials that you have seen or watched that you believe are effective at advertising. Identify the part of the Hierarchy of Effects Model that the advertisement targets, noting the specific step in the model related to the part. Do any of the advertisements touch on the means-end concepts? Answer the following questions in your assessment: What market segment are the commercials targeted at (describe these target markets)? Are the messages aligned with the IMC objectives? Do the messages resonate with the target market? Is the correct media being used to send out the messages? What kind of message strategy is being used – cognitive, affective, or conative? What recommendations, if any, would you make to change the message content?
Format your presentation consistent with APA guidelines.online journaling
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RWS 305W Online Journaling: An Exercise in Revision and Reflection
This summer we have been journaling twice weekly to push our thinking, explore ourselves and our minds, and make sense of the world around us.In class this term, we have approached various genres in order to understand how “real” world writers write and discern common elements across multiple models of any given text type – letters, profiles, resumes, blogs.Often as writers, we struggle to take our best ideas, our most instinctual writing and make it public.
For this assignment, I want you to select one journal entry and make it “audience ready” by crafting it into a new piece of writing that conforms to the genre of your choice.Your journal entry as it stands now is a starting place, not an end product.It is your job in this assignment to take an idea, issue, prompt or response you like from your journal and transform it into something with a larger meaning an audience will understand.
This field is wide open!You can write for any genre you choose from the list here, or seek approval for an alternate style not listed.
Profile, photo essay, memoir, manifesto, speech, satire, obituary, news article, advertisement, infographic, a dictionary or encyclopedia entry, character analysis, how-to column, editorial argument, a “This I Believe” statement, letter (any kind – letter to editor, friend, organization), you can even “rewrite” a Kellner prompt and make it your own. Creative text like a one act play, poem, short story, comic strip, a myth, fairy tale, song lyrics You may choose a more abbreviated or electronic medium to make your statement such as an Instagram post, a Facebook status update, web page, blog, a very creative and thoughtful Tweet or other approved format – but you must also provide proof of publication if you select this shorter format including a screen shot and public link.
Tips:
Formatting should be dictated by the genre you choose (and you will likely have to investigate and research the “rules” of a new genre); you can pick from any prompt in the Hank Kellner’s Write What You See folder or from your own responses, even if they were “off-prompt”; 25% of your grade on this assignment is the reflection.The grading criterion revolves around the success, form, impact and creativity of your writing in the genre you select.
Journal Revision is due Sunday, July 7, 11:59 pm via the Turnitin link under Module 4.
Writer’s Reflection: 25% of your Module 4 Grade
In your Turnitin submission, please answer the following questions. You are being evaluated on your thoughtfulness and thoroughness, not on whether I agree with your answers.
Which prompt/week/topic did you select? Why? What about this particular prompt sparked your thinking? Which genre did you employ for this assignment? Why? Discuss how your submitted piece evolved; what kind of steps and thinking did you employ to transform your 15 minute journal entry into something new? Do you think that your attitude toward writing has changed or evolved in these six short weeks? Explain. What have you learned about writing in 305– the process, the product, and what good writing looks like? Is the piece you submitted today “audience ready?” For whom? What aspect of this piece are you most proud of?
https://sdsu.zoom.us/recording/play/pf69l5AnZH4vN9CObqKbSmaYoVPIauJgNcHX6enB4G4BJqHk7vOYgwVCQUKjr-c3
