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You are planning a night out with your friends, which will include dinner and a concert....
Question 13 4 point Let's suppose that you are planning a dinner for your friends, and...
Question 13 4 point Let's suppose that you are planning a dinner for your friends, and you want to make sure that you prepare enough food. You and your friends have a strong preference for crawfish (x), but enjoy hamburgers (32), too. That being the case, your preferences can be represented using the following utility function: (21, 12) = 62, +222 Further, let's suppose that one pound of crawfish costs $3, one hamburger patty costs $2, and you have $60...
Suppose you are organizing a party for a large group of your friends. Your friends are...
Suppose you are organizing a party for a large group of your friends. Your friends are pretty opinionated, though, and you don’t want to invite two friends if they don’t like each other. So you have asked each of your friends to give you an “enemies” list, which identifies all the other people among your friends that they dislike and for whom they know the feeling is mutual. Your goal is to invite the largest set of friends possible such...
Question 15 4 points Let's suppose that you are planning a night out with friends. You...
Question 15 4 points Let's suppose that you are planning a night out with friends. You do not want to drive, so instead, you will use one of the popular ride-share apps (i.e., Uber and Lyft). Your preferences can be represented by the following utility function: U = u(11, 12) = 4x + 582 Further, let's suppose that you have a budget (T) of $32, riding with Uber costs $2 per mile (pt), and riding with Lyft costs $1.60 per...
A group of aged care workers are planning a social night out. Their manager is organising...
A group of aged care workers are planning a social night out. Their manager is organising dinner at a local pub, and advises staff they are welcome to bring a friend or partner and to respond via email of their acceptance and if they will bring someone. A new employee, Tom, is keen to attend – it’s a great opportunity to social and get to know his new colleagues in a more relaxed environment. He decides he will bring his...
State the number of friends (or connections) that you have on Facebook (or Linkedin). In case...
State the number of friends (or connections) that you have on Facebook (or Linkedin). In case you have more than 365 friends or connections, think of an alternative, smaller group of friends or relatives. What is the chance that there are at least 2 people among your friends (or connections) with the same birthday (same day, not same year)? Let's find out. Please respond with an estimate of the probability that this will happen. This estimate can be intuitive or...
While vacationing in England, you decide to take an impromptu trip outside of London to see some ...
While vacationing in England, you decide to take an impromptu trip outside of London to see some of the country. You phone several hotels in the area but are told that all rooms are reserved. You and your friends decide to go anyway, vowing that if worse comes to worse you will all sleep in the car. Having driven the 100 miles from London, you stop at the first hotel you see, Ye Olde Ox and Bow, and are surprised...
Note to My 25-Year-Old Self Start planning your career when you begin your first position. A...
Note to My 25-Year-Old Self Start planning your career when you begin your first position. A sailor has a map to chart the course. Your career deserves the same care—otherwise any road you take will get you only to “a destination.” Begin your journey. Be flexible and open to opportunities that are aligned with your career goals. Don't be rigid about position titles and roles; adapt to the organization's needs. Understand your strengths as well as those areas that require...
You are 22 years old, college grad with a full-time job in your career, thinking about...
You are 22 years old, college grad with a full-time job in your career, thinking about saving for retirement. You go to a financial planning site to get some ideas. The site asks you the following questions: At what age do you think you would like to retire? How much money do you feel you would need per year to live on during the first year of retirement? (consider housing, medical expenses, travel, etc. – many financial experts suggest 80%...
Appendix 24.1 Addiction Simulation Exercise: Ice Cube Addiction (Handout) RATIONALE This exercise will allow you to...
Appendix 24.1 Addiction Simulation Exercise: Ice Cube Addiction (Handout) RATIONALE This exercise will allow you to experience, firsthand (though nowhere near to the same extent as an actual addic- tion), some of the physical (thirst being analogous to the cravings for drugs), social, cognitive, and emotional expe riences of a person who is actually addicted to a drug. Participation in this exereise is voluntary. You may choose to end your participation at any time during the exercise, though you will...
Requirements 1-4 You have been invited to participate in an accounting competition. Your team will be...
Requirements 1-4
You have been invited to participate in an accounting competition. Your team will be making a presentation to Michelle and Vishayla who are sister's-in-law who have recently opened a bakery specializing in cakes. They realized their love of baking after they married brothers, Josh and Cody. For a few years they created cakes for family and friends. The demand for their cakes had grown to the point where they could no longer use their kitchens as their "bakery."...
Question 13 4 point Let's suppose that you are planning a dinner for your friends, and you want to make sure that you prepare enough food. You and your friends have a strong preference for crawfish (x), but enjoy hamburgers (32), too. That being the case, your preferences can be represented using the following utility function: (21, 12) = 62, +222 Further, let's suppose that one pound of crawfish costs $3, one hamburger patty costs $2, and you have $60...
Question 15 4 points Let's suppose that you are planning a night out with friends. You do not want to drive, so instead, you will use one of the popular ride-share apps (i.e., Uber and Lyft). Your preferences can be represented by the following utility function: U = u(11, 12) = 4x + 582 Further, let's suppose that you have a budget (T) of $32, riding with Uber costs $2 per mile (pt), and riding with Lyft costs $1.60 per...
Appendix 24.1 Addiction Simulation Exercise: Ice Cube Addiction (Handout) RATIONALE This exercise will allow you to experience, firsthand (though nowhere near to the same extent as an actual addic- tion), some of the physical (thirst being analogous to the cravings for drugs), social, cognitive, and emotional expe riences of a person who is actually addicted to a drug. Participation in this exereise is voluntary. You may choose to end your participation at any time during the exercise, though you will...
Requirements 1-4
You have been invited to participate in an accounting competition. Your team will be making a presentation to Michelle and Vishayla who are sister's-in-law who have recently opened a bakery specializing in cakes. They realized their love of baking after they married brothers, Josh and Cody. For a few years they created cakes for family and friends. The demand for their cakes had grown to the point where they could no longer use their kitchens as their "bakery."...
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