The united kingdom has a drinking problem. british per-capita consumption of alcohol rose 19% between 1980 and 2007, compared with a 13% decline in other developed countries. worried about excessive drinking among young people, the brtish government increased the ax on beer by 42% from 2008 to 2012, does a specific tax substantially reduce the equilibrium quantity of alcohol? answer in terms of the slopes of the demand and supply curves. assume the demand curve is downward sloping and the tax is paid by consumers. a specific tax on consumers o a. will substantially reduce the equilibrium quantity of alcohol if the demand is completely vertical o b. will increase the equilibrium quantity of alcohol. o c. will not substantially reduce the equilibrium quantity of alcohol if supply is relatively vertical o d. will substantially reduce the equilibrium quantity of alcohol if demand is relatively vertical. o e. will not substantially reduce the equilibrium quantity of alcohol if supply is completely horizontal.

Karen is working on classifying all her company’s products in terms of whether they have strong or weak market share and whether this share is in a slow or growing market. what type of strategic framework is she using?

Imagine us is a startup that offers high definition 3d prenatal ultrasounds for high-end customers. the service process includes four activities that are conducted in the sequence described below. (the time required for each activity is shown in parentheses): activity 1: welcome a patient and explain the procedure. (20 minutes)activity 2: prep the patient (e.g., show them to the room, apply ultrasound gel). (17 minutes) (*your id number represents the amount of time needed to complete this task)activity 3: take images. (5 minutes)activity 4: discuss diagnostic with patient. (20 minutes)at each location there are employees (servers) s1, s2, and s3. the assignment of tasks to servers is the following: s1 does activities 1 and 2.s2 does activity 3.s3 does activity 4.a. what is the capacity of this process (in customers per hour)? b. suppose 3 patients arrive every hour on average. ignoring any “start of day” or “end of day” effects, what are the utilizations of all three servers (%)? c. suppose each activity can be done by any server and any server can do any set of activities. however, each activity is done by only one server. for example, a possible assignment includes: s1 does activity 1, s2 does activity 2, and s3 does activities 3 and 4. of course, the original assignment of servers to activities is also feasible. what is the maximum capacity of the process (in customers per hour)? d. now consider the capacity measures in (c) and (a), what is the percentage change? why can you improve capacity without using additional resources? (there is no free lunch, right? )note: for all hw assignments, show your process of getting the results. only providing the final answers is not acceptable and will get 0%. if necessary, use a separate sheet of paper to show your work.

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