Part II – Short Answer:  Total 30 points, 5 points per question.  Answer 6 of the questions below (there are six boxes below for each answer): Suppose the government in response to angry voters during the summer imposes a price ceiling on cold beverages of $1.00 per can.  However, the market price is $2.00 per can.  What would you expect the outcome to be?  In the short run, under what conditions should a firm produce if its price is below average total cost? What are the conditions that it should not produce?  Explain your reasoning. Describe the law of diminishing marginal returns (product). How does that relate to cost? How would a firm seeking to maximize profits price its services. Is there a difference between this for a competitive and monopoly market? (Consider marginal revenue and price) Explain positive and negative externalities. A public good is non-rival and non-excludable. Define these terms and discuss how this could be considered a market failure. Ford Motor Company made headlines in 1914 by offering autoworkers $5 per day, up from $2.50 per day. The wage payment was newsworthy because the typical market wage in manufacturing at that time was just $2 to $3 per day. What was Ford’s rationale for offering a higher-than-competitive wage and how did he believe that this would improve his business. (Hint – think about value marginal product) You are responsible developing pricing strategy for a major company. You learn that one your products has an inelastic demand and the other has an elastic demand.  In order to increase revenue what changes to pricing would you propose.  Explain your reasoning. The value of marginal product is determined by two factors. What are they? How does this explain why the Michael Jordan of curling, the winter Olympic sport, earns less than a NBA player? Who are the winners and losers under tariffs?  (there are three)    

What is the term for a legal opinion issued by an Islamic scholar?  

How did the Cordoba fatwa (10th century) treat blasphemy by a dhimmi?  

Why is it important to create a multicultural atmosphere even if your class is not multicultural?

Which legal method involves extending a ruling from one case to another based on shared principles?  

“Do Not Go Gentle into that Good Night” by Dylan Thomas             Do you agree with the speaker that people should fiercely resist death, clinging passionately to their lives? Or should people die calmly? Make sure you tie in your answer with the speaker’s outlook on             death.

Choose ONLY ONE of the following two questions. Write ONLY “Question 1” or “Question 2” before typing your answer in your document; do NOT write any part of the question.  ________________________________________ Question 1 You are working with a client, Jo, who you have been seeing at your college counseling center for several months. Jo is a 19 year-old, African American student who identifies as a cisgender gay male. He has a history of severe episodes of Major Depressive Disorder and has reportedly attempted suicide in the past. However, Jo has been doing well recently and has not expressed any significant depressive symptoms in the last several months. Most of your therapy sessions have focused on helping Jo decrease his alcohol use, which has begun to negatively impact his grades. When Jo comes into your office today, he appears sullen and tired. Jo becomes tearful as he tells you that he lost his scholarship due to his failing grades and he is feeling “devastated.” He says “I worked my whole life for this. What’s the point now? I’ll never get my degree.” When you ask Joe if he has been thinking about suicide, Jo shares that he has been having thoughts of suicide for the past three days. Please answer the following questions about this case: What are at least three things you would ask Jo to further assess for risk of suicide? Identify at least three risk factors from the case description above that may contribute to an increased suicide risk for Jo. What specific ethical and legal obligations do you have as a clinician when assessing for suicide? Remember to answer ALL parts of the question. Remember that your answer must be no more than 2 pages long. OR Question 2 You learn about a new 30-item self-report assessment tool that measures symptoms of anxiety. You just got a new client and you are considering using it with them each week. You think it may be useful for tracking changes in their symptoms throughout therapy. What are some things you would need to consider when determining whether you should use the test with this client? Please discuss A) considerations regarding the test’s reliability and validity, B) practical considerations, and C) ethical and/or diversity-related considerations. Remember to answer ALL parts of the question. Remember that your answer must be no more than 2 pages long.

How will you develop a positive teacher-family relationship?

State your opinion on the question, “Can rewards actually punish?” Be sure to give examples from your personal experience as well as from what you have read.

What are the most common pediatric solid tumors?