Sophia is an undergraduate intern at her Senator's office in Washington, DC. She loves her job, as it
allows her to see the process of lawmaking up-close and in person. Her Senator has asked her to
prepare him for an upcoming meeting with lobbyists representing the pharmaceutical industry, who
would like to see legislation extending the term of drug patents beyond twenty years. Sophia's
research reveals that the twenty-year exclusivity period given to companies while a drug is patented
is hugely valuable, allowing the companies to reap billions of dollars in profit. Even as a patent nears
expiration, federal law makes it easy for drug companies to obtain a five-year extension on a patent
simply by making a few minor tweaks such as changing the delivery mechanism of a drug (faster or
slower dissolving), or by combining two drugs together. After a drug loses patent protection, it
becomes much easier for generic manufacturers to copy the drug, which causes the price of the drug
to plummet, making it much more affordable for people to buy
a
s
On the other hand, she learns that bringing a new drug to market takes roughly 14 years, at a cost of
$1.3 billion. For every drug that makes it to market, more than 50 other research programs will fail.
Even if the FDA approves a drug, only two out of 10 approved drugs will be profitable. Since 2006,
brand drugs have lost an estimated $60 billion in sales due to patent expirations. By 2015, this
number is expected to climb to $160 billion.
ency
gal
How should Sophia advise her senator? Why?

Answers

Answer 1

Sophia should advise her senator to consider all aspects of patents and the economic impact on producers and consumers, to benefit everyone equally.

According to the information found by Sophia, the senator must take into account the most important information for the meeting with representatives of the pharmaceutical industry. For example, she must take into account that currently pharmaceutical companies already have a long reservation of their patents of maximum of 25 years in which they recover the money invested and earn billions of dollars.

However, this is not enough because pharmaceutical companies also lose about 1.3 billion on some drugs. After all, only 2 out of 10 drugs put on the market are profitable.

According to the foregoing, it would be fair for pharmaceutical companies to extend the term of exclusivity of patents because this time would bring them greater profits that would balance the great possibilities of loss that they have with other research and with drugs that go on the market.

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Related Questions

Granfield Company is considering... Granfield Company is considering eliminating its backpack division, which reported an operating loss for the recent year of $42,300. The division sales for the year were $965,700 and the variable costs were $478,000. The fixed costs of the division were $530,000. If the backpack division is dropped, 40% of the fixed costs allocated to that division could be eliminated. The impact on Granfield's operating income for eliminating this business segment would be:____.
a. $269,200 increase.
b. $476,000 decrease.
c. $206,800 increase.
d. $269,200 decrease.
e. $476,000 increase.

Answers

Answer:

$275,700 Decrease

Explanation:

Calculation to determine what The impact on Granfield's operating income for eliminating this business segment would be:

Using this formula

Impact on Operating income=Saving in Relevant fixed cost -Loss of Contribution Margin of backpack division

Let plug in the morning

Impact on Operating income=($530,000*40%)-($965,700-$478,000)

Impact on Operating income=$212,000-$487,700

Impact on Operating income=$275,700

Decrease in net Operating income

Therefore The impact on Granfield's operating income for eliminating this business segment would be:$275,700 Decrease

Suppose during 2014, Cypress Semiconductor Corporation reported net cash provided by operating activities of $89,063,000, cash used in investing of $43,133,000, and cash used in financing of $7,359,000. In addition, cash spent for fixed assets during the period was $25,900,000. Average current liabilities were $257,933,000, and average total liabilities were $280,651,000. No dividends were paid.
Free cash flow equals?

Answers

what’s the question?

Third National Bank has reserves of $20,000 and checkable deposits of $100,000. The reserve ratio is 20 percent. Households deposit $5,000 in currency into the bank, and the bank adds that currency to its reserves. What amount of excess reserves does the bank now have

Answers

Answer:

$4000

Explanation:

Fractional banking is a banking system where a portion of customer's deposits is kept as reserves while remaining portion is lent out. The amount kept as reserves is determined by the required reserve ratio set by the Central bank.

Reserve ratio is the percentage of deposits that is required of commercial banks to keep as reserves

Total deposits = $100,000 + $5,000 = $105,000

Required reserves = 0.2 x 105000 = 21,000

total reserves = $20,000 + 5000 = 25,000

excess reserves = 25,000 - 21,000 = 4000

TB MC Qu. 08-104 Marlow Company purchased a point of... Marlow Company purchased a point of sale system on January 1 for $3,400. This system has a useful life of 10 years and a salvage value of $400. What would be the depreciation expense for the first year of its useful life using the double-declining-balance method

Answers

Answer:

$680

Explanation:

Calculation to determine What would be the depreciation expense for the first year of its useful life using the double-declining-balance method

Depreciation expense=3400*(100%/10 * 2)

Depreciation expense=3400*.2

Depreciation expense= 680

Therefore What would be the depreciation expense for the first year of its useful life using the double-declining-balance method is $680

If the price of a haircut is $15, the number of haircuts provided is 100. If the price rises to $30 per haircut, barbers will work much longer hours, and the supply of haircuts will increase to 300.
Instructions: Round your answers to two decimal places.
The price elasticity of supply for haircuts between $15 and $30 using the mid-point method is:________.

Answers

Answer:

1.5

Explanation:

Price elasticity of supply measures the responsiveness of quantity supplied to changes in price of the good.

Price elasticity of supply = midpoint change in quantity supplied / midpoint change in price  

Midpoint change in quantity supplied = change in quantity supplied / average of both supply

change in quantity supplied = 300 - 100 = 200

average of both supply = (300 + 100) / 2 = 200

200 / 200 = 1

midpoint change in price = change in price / average of both price

change in price = $30 - $15 = $15

average of both price = ($30 + $15) / 2 = $22.50

15 / 22.5 = 0.67

1 / 0.67 = 1.5

If the absolute value of price elasticity is greater than one, it means supply is elastic. Elastic supply means that quantity supplied is sensitive to price changes.  

Information from the records of the Abel Corporation for July 2018 was as follows: Sales $1,230,000 Selling and administrative expenses 210,000 Direct materials used 264,000 Direct labor 300,000 Factory overhead * 405,000 *variable overhead is $205,000, fixed overhead is $200,000 Inventories July 1, 2018 July 31, 2018 Direct materials $36,000 $42,000 Work in process 75,000 84,000 Finished goods 69,000 57,000
The conversion cost is:_______
a. $1,179,000
b. $705,000
c. $960,000
d. $564,000

Answers

Answer:

b. $705,000

Explanation:

The computation of the conversion cost is shown below:

as we know that

Conversion costs= Direct Labor + Manufacturing Overheads

= $300,000 + $205,000 + $200,000

= $705,000

Hence, the conversion cost is $705,000

Therefore the option b is correct

our Company will open a new store on January 1. Based on experience from its other retail outlets, Entertainment Inc. is making the following sales predictions: Cash Sales Credit Sales January $80,000 $160,000 February $50,000 $170,000 March $60,000 $190,000 April $50,000 $210,000 You estimate that the pattern of collection of credit sales will be 45% in the month of sale and 40% in the month following the sale; 8% in the third month, the remaining 7% is uncollectable. Based on this data calculate the estimated total cash collections for March

Answers

Answer:

Entertainment Inc.

The estimated total cash collections for March are:

= $226,300.

Explanation:

a) Data and Calculations:

                  Cash Sales       Credit Sales

January         $80,000         $160,000

February       $50,000         $170,000

March           $60,000         $190,000

April              $50,000        $210,000

                                January    February     March       April

Credit Sales         $160,000   $170,000    $190,000  $210,000

Cash collections:

45% sales month $72,000     $76,500      $85,500  $94,500

40% ffg sales                             64,000        68,000     76,000

8% third month                                               12,800      13,600

7% uncollectible

Total cash collections for March              $166,300

Cash sales            80,000        50,000       60,000     50,000

Total cash collected for March               $226,300

Costly Corporation is considering using equity financing. Currently, the firm's stock is selling for $26.00 per share. The firm's dividend for next year is expected to be $4.90 with an annual growth rate of 8.0% thereafter indefinitely. If the firm issues new stock, the flotation costs would equal 11.0% of the stock's market value. The firm's marginal tax rate is 40%. What is the firm's cost of internal equity

Answers

Answer: 26.85%

Explanation:

Based on the information given in the question, the firm's cost of internal equity will be calculated as:

Cost of equity = (D1/Current price) + Growth rate

= (4.90 / 26.00) + 8.0%

=(4.9/26) + 0.08

=26.85%

Therefore, the firm's cost of internal equity is 26.85%.

How does unemployment impact a society

Answers

People living in a society judge a person very quickly If the person is unemployment society starts to judge and they start to dominate who is unemployment

To decrease unemployment we need to respect each work but the people living in a society starts to judge people and that's the great weakness of the people so if Unemployment is decreased in the country, than there would be positive impact

i hope i have give my answer according to my thoughts

có 3 bi đỏ và 1 bi đen. tính xác xuất lấy phải bi đỏ

Answers

Answer:

3/4

Explanation:

không gian mẫu bằng 3+1

P=3, xác suất = P/omega

An investor is holding a stock which has been volatile with returns significantly year-over-year. The initial investment was $1,000 in stock ABC, and it returned the following: Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Return 10% -15% 20% 22% -30% 40% What is the geometric returns of Stock ABC for six years

Answers

Answer:

the geometric returns of Stock ABC for six years is 5.02%

Explanation:

The computation of the  geometric returns of Stock ABC for six years is given below:

= [(1 + r1) × (1 + r2) × (1 + r3) × (1 + r4) × (1 + r5) × (1 + r6)]^1 ÷ 6 - 1

= [(1 + 0.10) × (1 - 0.15) × (1 + 0.20) × (1 + 0.22) × (1 - 0.30) × (1 + 0.40)]^(1 ÷ 6) - 1

= 0.0502 or 5.02%

Hence, the geometric returns of Stock ABC for six years is 5.02%

The above formula should be applied

ased on a predicted level of production and sales of 22,000 units, a company anticipates total variable costs of $99,000, fixed costs of $30,000, and operating income of $36,000. Based on this information, the budgeted amount of operating income for 20,000 units would be:

Answers

Answer:

$142,000

Explanation:

Sales of 22,000 units

Total variable costs is $99,000

The fixed cost is 30,000

Operating income $36,000

Therefore budgeted amount for 20,000 units can be calculated as follows

= 99,000+30,000+36,000

= 156,000

The selling percentage is

=156,000/22,000

= 7.1

7.1× 20,000

= 142,000

Hence the bugected anou t for 30,000 units $142,000

What is the process of managing costs

Answers

Answer:

Cost management is the process of estimating, allocating, and controlling project costs. The cost management process allows a business to predict future expenses to reduce the chances of budget overrun. Projected costs are calculated during the planning phase of a project and must be approved before work begins.

Explanation:

I know the answer by heart

A call option on Barry Enterprises stock has a market price of $12. The stock sells for $23 a share, and the option has an exercise price of $17.50. What is the exercise value of the option

Answers

Answer:

the exercise value of the option is $5.50

Explanation:

The computation of the exercise value of the option is given below:

= Sale value of the stock - exercise price of the option

= $23 - $17.50

= $5.50

Hence, the exercise value of the option is $5.50

Simply we deduct the exercise price of the option from the sale value of the option

And, the same should be considered

Project managers can identify risks by learning and understanding the cause and effect relationships that bear on risk events. All of the following approaches rely upon an understanding of cause and effect relationships to identify risks EXCEPT:

a. perform a Monte Carlo analysis
b. understand trigger conditions, or circumstances under which a risk strategy or risk action will be invoked
c. conduct a root cause analysis
d. develop a flow chart that shows how people, materials or data flow from one person or location to another

Answers

Answer:

Interviews. Select key stakeholders. ...

Brainstorming. I will not go through the rules of brainstorming here. ...

Checklists. See if your company has a list of the most common risks. ...

Assumption Analysis. ...

Cause and Effect Diagrams. ...

Nominal Group Technique (NGT). ...

Affinity Diagram.

Explanation:

Create a risk register. Create a risk register for your project in a spreadsheet. ...

Identify risks. ...

Identify opportunities. ...

Determine likelihood and impact. ...

Determine the response. ...

Estimation. ...

Assign owners. ...

Regularly review risks.

Kinder Enterprises relies heavily on a copier machine to process its paperwork. Recently the copy clerk has not been able to process all the necessary copies within the regular work week. Management is considering updating the copier machine with a faster model.
Current Copier New Model
Original purchase cost $10,000 $20,000
Accumulated depreciation 8,000

Answers

Answer and Explanation:

The computation is shown below:

a.

Particulars        Retain Machine       Replace Machine     Net Income

 Operating costs   $35,000                    $13,000                $22,000

             (7,000 × 5 years)          (2,600 × 5)

New machine cost   0                       20,000               (20,000)

Salvage value            0                        (1,000)                 1,000

Totals                   $35,000                    $32,000             $3,000

b.

The current copier should be replaced. As the incremental analysis represent the net income should be more than $3,000 as compared with replacing one

Your grandparents put $11,100 into an account so that you would have spending money in college. You put the money into an account that will earn an APR of 4.37 percent compounded monthly. If you expect that you will be in college for 5 years, how much can you withdraw each month

Answers

Answer:

Monthly withdraw= $206.28

Explanation:

Giving the following information:

Initial investment (PV)= $11,100

Interest rate (i)= 0.0437/12= 0.003642

Number of periods (n)= 5*12= 60 months

To calculate the monthly withdrawal, we need to use the following formula:

Monthly withdraw= (PV*i) / [1 - (1+i)^(-n)]

Monthly withdraw= (11,100*0.003642) / [1 - (1.003642^-60)]

Monthly withdraw= $206.28

Your company is considering a project that will cost $100. The project will generate after-tax cash flows of $37.50 per year for five years. The WACC is 10 percent and the firm's D/A ratio is 0.70. The flotation cost for equity is 6 percent, the flotation cost for debt is 3 percent, and your firm does not plan on issuing any preferred stock within its capital structure. If your firm follows the practice of incorporating flotation costs into the project's initial investment, what is the weighted average flotation cost for the firm

Answers

Answer:

3.9%

Explanation:

Calculation to determine the weighted-average flotation cost for the firm

Using this formula

Weighted-average flotation cost =D/A ratio(Flotation cost for debt)+ Flotation cost for debt(Flotation cost for equity)

Let plug in the formula

Weighted-average flotation cost=.7(3%) + .3(6%)

Weighted-average flotation cost=.0021+.0018

Weighted-average flotation cost=.0039*100

Weighted-average flotation cost= 3.9%

Therefore the weighted-average flotation cost for the firm is 3.9%

On September 1, Home Store sells a mower (that costs $320) for $620 cash with a one-year warranty that covers parts. Warranty expense is estimated at 8% of sales. On January 24 of the following year, the mower is brought in for repairs covered under the warranty requiring $43 in materials taken from the Repair Parts Inventory. Prepare the September 1 entry to record the mower sale (and cost of sale) and the January 24 entry to record the warranty repairs. (Round your answers to 2 decimal places.) View transaction list Journal entry worksheet 3 4 Record the cost of mower sales. Note: Enter debits before credits. General Journal Debit Credit Date Sep 01 Record entry Clear entry View general journal

Answers

Answer:

Sep 1

Dr Cash $620

Cr Sales revenue $620

Sep 1

Dr Cost of Goods Sold $320

Cr Inventory $320

Sep 1

Dr Warranty expense $47

Cr Estimated warranty liability $47

Jan 24

Dr Estimated warranty liability $43

Cr Repair parts inventory $43

Explanation:

Preparation of the September 1 entry to record the mower sale (and cost of sale) and the January 24 entry to record the warranty repairs

Sep 1

Dr Cash $620

Cr Sales revenue $620

( To record sale )

Sep 1

Dr Cost of Goods Sold $320

Cr Inventory $320

(To record costs)

Sep 1

Dr Warranty expense $47

Cr Estimated warranty liability $47

($620*8%)

(To record Warranty expense )

Jan 24

Dr Estimated warranty liability $43

Cr Repair parts inventory $43

(To record Warranty incurred)

Answer:

Explanation:

1 September:

Dr Cash $620

Cr Sales revenue $620

(To record cash receipt from mower sale)

1 September:

Dr Cost of goods sold $320

Cr Finished goods inventory $320

(Cost of mower sale recorded)

1 September:

Dr Warranty expense $49.60

Cr Warranty liability $49.60

(To record estimated warranty expense)

24 January:

Dr Warranty liability $43.00

Cr Repair Parts Inventory $43.00

(To record cost of warranty repairs)

Calculation:

Warranty Expense = Sales Revenue × Estimated Warranty Expenses

= $620 × 8%

= $49.60

Rosina purchased one 15-year bond at par value when it was initially issued. This bond has a coupon rate of 7 percent and matures 13 years from now. If the current market rate for this type and quality of bond is 7.5 percent, then Rosina should expect: the bond issuer to increase the amount of all future interest payments. the yield to maturity to remain constant due to the fixed coupon rate. to realize a capital loss if she sold the bond at today's market price. today's market price to exceed the face value of the bond. the current yield today to be less than 7 percent.

Answers

Answer:

to realize a capital loss if she sold the bond at today's market price.

Explanation:

Given that

NPER is 13

RATE is 7.5%

PMT is 7% of $1,000

Future value be $1,000

We need to find out the present value

So,

The current price of the bond is:

=PV(7.5%,13,7%*1000,1000)

=$959.37

Now if she wants to sell the bond now, so the value should be less than the face value due to which there should be the capital loss  

Which of the following are wholesale and which are retail?
(a ) large-scale deposites made by Firms at negotiated rates of in interest. ...........(retail to wholesales)
(b) Loans made by high Street banks at published rates of interest........ (retail (wholesales)
(c) Deposite in savings accounts high street banks .................(retail /wholesales)
(d) Deposite in savings accounts in building Societies ............. (retail/Wholesale)
(e) Large-scale loans to industry syndicated through several banks........... (retail/ Wholesale)​

Answers

E=whole sale

B=retail

D=retail

A=whole sale

C=whole sale

Based on a predicted level of production and sales of 20,000 units, a company anticipates total variable costs of $96,000, fixed costs of $24,000, and operating income of $163,200. Based on this information, the budgeted amount of contribution margin for 17,000 units would be:

Answers

The budgeted value of the contribution margin for 17,000 units should be $159,120.

But before determining the contribution margin value first determine the following amounts:

Current contribution margin = Fixed costs + Target operating income

= $24,000 + $163,200

= $187,200

Now contribution margin per unit is

= $187,200 ÷ 20,000 units

= $9.36 per unit

And, finally the contribution margin value should be

= 17,000 units × $9.36 per unit

= $159,120

Therefore, we can conclude that The budgeted value of the contribution margin for 17,000 units should be $159,120.

Learn more about the contribution margin here: brainly.com/question/15186113

explain Distribution and also explain the channel of Distribution​

Answers

Answer:

A distribution channel is a chain of businesses or intermediaries through which a good or service passes until it reaches the final buyer or the end consumer. Distribution channels can include wholesalers, retailers, distributors, and even the Internet.

On January 1, Jorge Inc. issued $3,000,000, 8% bonds for $2,817,000. The market rate of interest for these bonds is 9%. Interest is payable annually on December 31. Jorge uses the effective-interest method of amortizing bond discount. At the end of the first year, Jorge should report unamortized bond discount of:

Answers

Answer: $169470

Explanation: Firstly, we'll calculate the discount on bond which will be:

= Issue Price - Par Value

= $3,000,000 - $2,817,000

= $183,000

Then, the interest payable will be:

= Coupon Rate × Bond ParValue

= $3,000,000 × 8%

= $3,000,000 × 0.08

= $240,000

We will calculate the interest expense as:

= Issue Value × Market Rate

= $2,817,000 × 9%

= $253,530

Then, the amortized amount for Year 1 will be:

= Interest Expense - Interest Payable

= $253,530 - $240,000

= $13,530

Therefore, the unamoritzed amount of bond discount will be:

= $183,000 - $13,530

= $169,470

At the beginning of the year, a company had accounts receivable of $700,000 and an allowance for doubtful accounts with a credit balance of $60,000. During the current year, sales on account were $195,000 and collections on account were $115,000. Also during the current year, the company wrote off $11,000 in uncollectible accounts. At year-end, an analysis of outstanding accounts receivable indicated that the allowance for doubtful accounts should have a $72,000 credit balance so the company records the appropriate year-end adjusting entry. How much did the cash realizable value change during the current year

Answers

Answer:

$77,000

Explanation:

Calculation to determine How much did the cash realizable value change during the current year

First step

Ending accounts receivables = Beginning accounts receivables + Sales on account - collections on account - Write offs

Ending accounts receivables = $700,000 + $195,000 - $95,000 - $11,000

Ending accounts receivables= $789,000

Second step

Ending cash realizable value = Ending accounts receivables - Ending allowance for doubtful accounts

Ending cash realizable value = $789,000 - $72,000

Ending cash realizable value= $717,000

Now let determine the Change in cash realizable value

Change in cash realizable value = Ending cash realizable value - Beginning cash realizable value

Change in cash realizable value= $717,000 - 640,000

Change in cash realizable value= $77,000

Therefore How much did the cash realizable value change during the current year will be $77,000

Swifty Corporation manufactures a product with a unit variable cost of $100 and a unit sales price of $176. Fixed manufacturing costs were $480000 when 10000 units were produced and sold. The company has a one-time opportunity to sell an additional 1000 units at $145 each in a foreign market which would not affect its present sales. If the company has sufficient capacity to produce the additional units, acceptance of the special order would affect net income as follows:
Income would increase by $45000.
Income would increase by $3000.
Income would increase by $145000.
Income would decrease by $3000.
Coronado Industries is using the target cost approach on a new product. Information gathered so far reveals:
Expected annual sales 350000 units
Desired profit per unit $0.35
Target cost $168000
What is the target selling price per unit?
a. $0.48
b. $0.35
c. $0.70
d. $0.83

Answers

Answer:

1. Swifty Corporation

If the company has sufficient capacity to produce the additional units, acceptance of the special order would affect net income as follows:

Income would increase by $45000.

2. Coronado Industries:

The target selling price per unit is:

d. $0.83

Explanation:

a) Data and Calculations:

Swifty Corporation:

Variable cost per unit = $100

Sales price per unit = $176

Contribution margin per unit = $76 ($176 - $100)

Fixed manufacturing costs = $480,000

Production and sales units = 10,000 units

Revenue from special order = $145,000 ($145 * 1,000)

Variable costs for 1,000 units    100,000 ($100 * 1,000)

Contribution margin                  $45,000 ($145,000 - $100,000)

Fixed costs for special order         $0

Net income =                             $45,000

Coronado Industries:

Expected annual sales 350,000 units

Desired profit per unit $0.35

Target cost $168,000

Desired profit = $122,500 (350,000 * $0.35)

Total sales revenue = $290,500 ($168,000 + $122,500)

Target selling price per unit = $0.83 ($290,500/350,000)

Doanh nghiệp được trích trước tiền lương nghỉ phép của toàn bộ người lao động trong công ty. Đung hay sai

Answers

Answer:

sai

Explanation:

Answer:

Explanation:

Đúng

Place a checkmark next to each argument that supports keeping the Federal Reserve.

1- The Fed favors the interests of the wealthy.
2- The Fed helps prevent bank failures, like those that occurred prior to and during the Great Depression.
3- The Fed helps stabilize the stock markets, particularly during a financial crisis or national emergency.
4- The Fed can offset negative financial impacts from foreign countries.
5- The Fed plays a vital role in maintaining healthy financial and banking systems in the U.S.
6- The Fed is essentially a currency monopoly.

Answers

Answer:

2- The Fed helps prevent bank failures, like those that occurred prior to and during the Great Depression.

3- The Fed helps stabilize the stock markets, particularly during a financial crisis or national emergency.

4- The Fed can offset negative financial impacts from foreign countries.

5- The Fed plays a vital role in maintaining healthy financial and banking systems in the U.S.

Explanation:

The Federal Reserve is a group of federal banks that regulate other banks, maintain monetary policy of a nation, provides banking services and also tries to ensure financial stability.

Therefore, the above selections are arguments that supports keeping the Federal Reserve.

Susans Consulting Company (SCC) has been in business for ten years and has experienced a significant turnover in the project management group, which has prompted senior leadership to investigate.
A preliminary review by senior leadership has determined that Project Managers are frustrated with the amount of required project management documentation, which has impacted their ability to manage projects successfully.
A recent review of the project management process has determined that SCC has spent between 30-40% of its total project budget on projects' overhead costs to include project management costs. A review of industry standards is between 5-15% higher than most companies. In addition, senior leaders found that projects are being delivered between 25% and 50% over budget and late 95% of the time.
Note: Project Management overhead includes the PM's time managing the project, attending meetings, and developing the required documentation.
SCC Request: SCC has reached out to your team because you are experts in defining project management processes and delivering projects on time. The SCC request includes the following:
. The development of a new project management process which at a minimum should include the following:
· The ability to track issues, risks, changes
· The ability to view project activities consists of a view of what has been completed and what activities the team is working on over the next reporting period
· The company must have a view into total life cycle project costs to include what has been spent to date, baseline budget, any changes to the budget, remaining budget, and cost of the project at completion
· In addition, to the new process request, SCC has a new project they need to complete by the end of the year with a limited budget and no project management staff.
1. Using your defined project management process outlined above, describe the life cycle model for this project
2. Create a WBS for the project. Remember your WBS is a deliverable base, so there should be a section of your WBS which outlines our project management deliverables
3. Using your defined prioritization process, prioritize each application.
4. Using the defined organizational structure, create a pictorial and narrative description of the organizational structure for the project.

Answers

Answer:

was assigned with this problem (the reference text is attached):

Which of the following, if included in a student's paper, would NOT be an example of plagiarism?

1. In the game of baseball, which is rather boring, the batter stands on home base (Hughes 1).

2. Baseball is rather surprisingly known as "America's Favorite Pastime."

3. Baseball is "a rather boring sport played between two teams of nine players" (Hughes 1).

4. All of these are plagiarism.

The answer tells that only the third choice is NOT a plagiarism. My question is, why is the first choice a plagiarismwas assigned with this problem (the reference text is attached):

Which of the following, if included in a student's paper, would NOT be an example of plagiarism?

1. In the game of baseball, which is rather boring, the batter stands on home base (Hughes 1).

2. Baseball is rather surprisingly known as "America's Favorite Pastime."

3. Baseball is "a rather boring sport played between two teams of nine players" (Hughes 1).

4. All of these are plagiarism.

The answer tells that only the third choice is NOT a plagiarism. My question is, why is the first choice a plagiarismwas assigned with this problem (the reference text is attached):

Which of the following, if included in a student's paper, would NOT be an example of plagiarism?

1. In the game of baseball, which is rather boring, the batter stands on home base (Hughes 1).

2. Baseball is rather surprisingly known as "America's Favorite Pastime."

3. Baseball is "a rather boring sport played between two teams of nine players" (Hughes 1).

4. All of these are plagiarism.

The answer tells that only the third choice is NOT a plagiarism. My question is, why is the first choice a plagiarism

1.sing your defined project management process outlined above, describe the life cycle model for this project.

What is (SCC) ?

Susans Consulting Company (SCC) has been in business for ten years and has experienced a significant turnover in the project management group, which has prompted senior leadership to investigate.

A preliminary review by senior leadership has determined that Project Managers are frustrated with the amount of required project management documentation, which has impacted their ability to manage projects successfully.

A recent review of the project management process has determined that SCC has spent between 30-40% of its total project budget on projects' overhead costs to include project management costs. A review of industry standards is between 5-15% higher than most companies. In addition, senior leaders found that projects are being delivered between 25% and 50% over budget and late 95% of the time.

Note: Project Management overhead includes the PM's time managing the project, attending meetings, and developing the required documentation.

SCC Request: SCC has reached out to your team because you are experts in defining project management processes and delivering projects on time. The SCC request includes the following:

.The development of a new project management process which at a minimum should include the following:

The ability to track issues, risks, changes

The ability to view project activities consists of a view of what has been completed and what activities the team is working on over the next reporting period

The company must have a view into total life cycle project costs to include what has been spent to date, baseline budget, any changes to the budget, remaining budget, and cost of the project at completion.

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Answer the following questions based on the tables below.

Buyer Willingness to Pay for One Unit
A $35
B 33
C 27
D 22
E 21
F 13
G 13
H 12
I 6

Seller Willingness to Sell One Unit
A $4
B 9
C 12
D 14
E 15
F 21
G 23
H 30
I 51

a. The quantity demanded at a price of $10 is: _______________.
b. The quantity demanded at a price of $25 is: ___________

Answers

Answer:

8

3

Explanation:

Consumer surplus is the difference between the willingness to pay of a consumer and the price of the good.

Consumer surplus = willingness to pay – price of the good

A consumer would demand for a product as long as he can earn a positive consumer surplus

When price is 10, there is a consumer surplus for buyers A to H. buyer I, would earn a negative consumer surplus if he purchases the product. Thus, the quantity demand at that price would be 8

When price is $25, there is a consumer surplus for buyers A to C. From buyer D, buyers would have a negative consumer surplus so they would not purchase the product

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