Assignment 1

Week 5 Assignment 3: Email Based on Listening Skills Scenario
Due Week 5 and worth 150 points

Your supervisor has asked to you write a brief email on the vacation policy changes to be distributed to staff. You will need to listen to a voice mail from your supervisor with instructions on how to create the email to announce the new vacation policy. The voice mail will include specific details that must be followed in creating the email. This audio voice mail can be found in your course shell.

Create an email message in which you:Listen to your supervisor’s voice mail here.Create a one to two (1-2) paragraph email with five to seven (5-7) sentences that follows your supervisor’s instructions.  Target the appropriate professional audience.Use appropriate language for professional audience.Use correct email formatting.Follow appropriate netiquette rules for electronic communication.Meet the 250-to-500-word minimum requirement.Use correct sentence mechanics, grammar, spelling, punctuation, and style.

Your assignment must follow these APA formatting requirements:Be typed, single-spaced, using Times New Roman font (size 12), with 1-inch margins on all sides. Check with your professor for any additional instructions.Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page is not included in the required length.

The specific course learning outcomes associated with this assignment are:Demonstrate understanding of the basic fundamentals of communication.Develop and practice communication skills, including skills in verbal, nonverbal, listening, writing, interpersonal, perception, and critical thinking as appropriate for the audience.Use various electronic communication platforms in their academic and professional work.Relate to the interpersonal and organizational dynamics that affect communication in organizations.Analyze and assess effective communication.Use correct sentence mechanics, grammar, spelling, punctuation, and style.Use technology and information resources to research issues in communications.Write clearly and concisely about communications using proper writing mechanics.

Assignment 1

Assignment 1, due August 28 (in class) Economic Development August 17, 2020 Material to review before you start: I. To understand how to derive demand functions for goods when the aggregate
preferences are CES, read—
demand-function-from-a-cesmtilityfunctionfi Our case is a bit simpler than
that consider in think link – just set ,6″ equal to I. 2. To understand how a monopolist facing a constant elasticity demand curve sets
prices, see Set’up:
Bicycle manufacturing is a monopolistic industry comprised of M firms. The
aggregate utility function of a representative consumer is given by U(X0) + Y Where X0 represents all otheer goods and Y is the composite quantity index of
bicycles formulated as Y= (yi/5+y§/5+—+yié5)§- From now on we will treat the U(X0) part as a fixed constant and ignore it. Let 1;,
denote the portion of the representative consumer’s income spent on bicycles.
Bicycle manufacturer i’s production function is given by yi = A1- – lei where ki denotes
the capital employed (at rental rate normalized to I)’. A,- denotes firm-specific
productivity parameter. ‘For simplicity we assume that capital is the only factor of production needed. I. Show that the demand for bicycles of firm i is of the form ._ 75 1b
yi’pi ‘E where P = (Efilpg’ifl/’l 2. Find each firm’s profit maximizing price and show that each firm charges the
same markup rate over its unit cost. Also, ShOW that the quantity produced by
each firm is increasing function of its productivity 3. The Total Factor Productivity of Revenue for firm i (TFPR.) is defined as
pi – yi/ki. Show that at equilibrium each firm must have the same TFPRi. 4. Now suppose that different firms face more or less favorable cost of capital – let
the cost of capital for firm i be denoted by 1 + ti where t; > 0 means the firm
faces less favorable cost of capital, and converse is true if t,- < 0. Show that faced with these distortions, the firms now produce output and charge prices that no longer lead to the equalization of TFPR. 5. Suppose you are assigned the task of studying the extent to which the bicycle industry suffers from low TFP due to misallocation of credit. You have acquired data about 1) price elasticity of demand (assumed to be same across all firms), 2) firm level data on revenue and capital invested. Describe step-brstep the procedure you will use to estimate the “ideal” and actual TPF in the bicycle sector.