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Suppose Phineas  is the only inventor and seller of space suits  in town and therefore holds a monopoly on the sale of space suits.  Phineas can offer additional space suits at a constant  $150 per suit (marginal cost).  For simplicity assume that he has no fixed costs.    Show your work for receive full points. The following is the demand schedule for space suits in Phineas’ town:   Quantity of space suits demanded Price of a space suit Total Revenue (TR) Marginal Revenue (MR) 0 $1,000 $0 — 1 $  800     2 $  500     3 $  450     4 $  150 5 $      0 A. If Phineas acts as a  profit maximizing monopolist,  how many space suits will he offer and what price will he charge? B.  What is Phineas’ profit?  C.   If the market for space suits were perfectly competitive,  what would be the efficient price? D.  If Phineas  was able to price discriminate and also sell his space suits to Aliens who have a higher elasticity of demand than humans (the table above) for space suits, where would he make the larger profit?  

Examine the  market for pizza  For a. and b. describe which curve is affected,  the reason for the shift,  the direction of the shift and what happens to price and quantity as a result of the shift.  Assume that there is no intervention in the market.  You are encouraged to draw graphs to help in your analysis  but do not have to submit them with your answer. a.  The price of cheese, a key ingredient in pizza, rises b.  The price of soda, a complement to pizza,  falls. c.  Assume that both a and b have simultaneously occurred,  what can you say about the effect of both of these events on equilibrium price and quantity? *note a. and b.  have only one shift

I have read the Getting Started module and course syllabus in their entirety.

In what ways did Antiochus desecrate the Temple?

Nero converted to Judaism shortly after the rebuilding of the Temple.

What was Antiochus’s act of desecration on the Temple called in the book of Daniel?

Although some people throughout history—such as Alexander the Great, Caesar Augustus, etc.—have been intent on conquering the world, when Jesus was “offered all the kingdoms of the world and their splendor,” he rejected it. Why?

Herod Agrippa I had John the Baptist beheaded.

The first time in biblical history that Jews died for merely practicing their faith (as opposed to dying defending their country against foreign invaders) was _____.

The period of Jesus’ life is chronologically framed by which two Jewish wars?