Joseph Farms, Inc. is a small firm in the agricultural industry. They have asked you to help them complete the limited data they have gathered in an effort to enable effective decision-making. Some work can be done using MS Excel but it must be copied to an MS Word file for the final submission of this assignment. Remember, quotations, paraphrases, and ideas you get from books, articles, or other sources of information should be cited using APA style. To assist Joseph Farms, Inc., respond to the following:

Your essay will analyze the artistic agenda of the Surrealists—an early 20th-century group of artists who created fantastical, bizarre, and irrational works of art. Your essay must be at least 500-words long. You must use a word processing program (such as MS Word) to write your essay. You must then submit/attach your essay to the assignment page as a DOC, DOCX, or PDF file. To submit/attach your essay to the assignment page, you must click “Attach File” under the “Assignment Submission” section.
April 22, 2018
(1) (18 marks) Read the first three sections of the following article: Ma-Kellams, C. and Blascovich, J. (2012): Enjoying life in the face of death: East–West differences in responses to mortality salience. Journal of Person-ality and Social Psychology,103No.5, 773-786 We restrict attention here to “study 3” in the article. Familiarise yourself with that study.
April 22, 2018

Joseph Farms, Inc. is a small firm in the agricultural industry. They have asked you to help them complete the limited data they have gathered in an effort to enable effective decision-making. Some work can be done using MS Excel but it must be copied to an MS Word file for the final submission of this assignment. Remember, quotations, paraphrases, and ideas you get from books, articles, or other sources of information should be cited using APA style. To assist Joseph Farms, Inc., respond to the following:

  • Using MS Excel or a table in MS Word, complete Table-1 (Joseph Farms, Inc., Cost and Revenue Data).
    • Assume that the price is $165.
    • Assume the fixed costs are $125, at an output level of 1.
    • Assume that the data represents a firm in pure competition.
    • Show your calculations.
  • Explain the MC=MR Rule.  Describe the market structures to which this rule applies.
  • Create a chart to illustrate the data in Columns 9 and 10.
  • Describe the profit maximizing (or loss minimizing) output for this firm.  Explain why or why not there is an economic profit?
  • Explain why a firm in pure competition is considered to be a “price taker.”

(Assignment continues below Table-1.)

Table-1:  Joseph Farms, Inc., Cost and Revenue Data

Column 1Column 2Column 3Column 4Column 5Column 6Column 7Column 8Column 9Column 10Column 11
OutputLevelPrice per unitTotal Fixed CostTotal Variable CostTotal CostAverage Fixed CostAverage Variable CostAverage Total CostMarginalCostMarginal RevenueTotal Revenue
0 $             – NA
1 $    113.00
2 $    213.00
3 $    300.00
4 $    375.00
5 $    463.00
6 $    563.00
7 $    675.00
8 $    813.00
9 $    975.00
10 $ 1,163.00

 

  • Using the data in Table-1 (Joseph Farms, Inc., Cost and Revenue Data), complete Table-2 (Joseph Farms, Inc., Revenue/Profit/Loss Data). Show your calculations in summary form.
  • Using the completed data in Table-2 (Joseph Farms, Inc., Revenue/Profit/Loss Data), Identify the break even output level for this firm.

Table-2: Joseph Farms, Inc., Revenue/Profit/Loss Data

OutputLevelPriceTotal RevenueTotal Costs from Table 1Profit or Loss
0
1
2
3
4
5
6
7
8
9
10

 

 

Pearson My statlab homework Section 3.3 homework

This homework needs to log in my account in mystatlab and the attempts is unlimited per question.

But all the information will change

 

1.Recently, a random sample of

13dash–18

year olds was asked, “How much do you currently have in savings?” The data in the table represent the responses to the survey. Approximate the mean and standard deviation amount of savings.

2.The following data represent the number of people aged 25 to 64 years covered by health insurance (private or government) in 2003. Approximate the mean and standard deviation for age.

3.The frequency distribution was obtained using a class width of

0.50.5

for data on cigarette tax rates. Use the frequency distribution to approximate the mean and standard deviation. Compare these results to the actual mean

muμequals=$1.4751.475

and standard deviation

sigmaσequals=$0.9510.951.

 

 

 

4.

 

has just completed her second semester in college. She earned a grade of

Upper DD

in her

44-hour

discrete mathdiscrete math

course, a grade of

Upper BB

in her

44-hour

psychologypsychology

course, a grade of

Upper DD

in her

22-hour

engineeringengineering

course, and a grade of

Upper DD

in her

33-hour

speech writingspeech writing

course. Assuming that A equals 4 points, B equals 3 points, C equals 2points, D equals 1 point, and F is worth no points, determine

SusanSusan’s

grade-point average for the semester.

5.

 

want to make

trail mix.trail mix.

In order to get the right balance of ingredients for their tastes they bought

5 pounds5 pounds

of

raisinsraisins

at

$ 4.66$4.66

per

pound commapound,

5 pounds5 pounds

of

peanutspeanuts

for

$ 2.02$2.02

per

pound commapound,

and

2 pounds2 pounds

of

chocolate chipschocolate chips

for

$ 2.78$2.78

per

pound.pound.

Determine the cost per

poundpound

of the trail mix.

 

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