Maria Repnikova’s 2017 book: Improvising Power under Authoritarianism.

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I. Essay Question (minimum 800 words): 20 points

According to Maria Repnikova’s 2017 book, Media Politics in China: Improvising Power under Authoritarianism. Cambridge, UK; New York: Cambridge University Press, 2017, how did critical journalism develop in China? Based on Repnikova’s book, lectures and course discussions, what do you think are the features of China’s critical journalism and what does this type of journalism reveal about the relationship between the Chinese government and Chinese news media and its media professionals? (https://doaj.org/article/09f43dc3a5b14dea98dde6da881dad06)

II. Essay Question (minimum 800 words): 20 points
Some people see the Internet as playing a crucial role in empowering Chinese citizens in their pursuit of more information, freer expression of opinions, greater social justice and more accountability in the government. Others see it as no more than another instrument that government and business interests use to influence and control the Chinese society. Still others are cautious about making sweeping generalizations about the effects of Internet technologies and argue for a more nuanced approach to the question. How do you assess the political implications of the development of the Internet and social media in China? Based on course readings, lectures and class discussions, write an essay in support of your claim.

Sample Solution

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Demand and supply curves for natural gas.

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PART I (20 POINTS)

  1. Suppose D0 and S0 are the initial demand and supply curves for natural gas. P0* and Q0* are respectively the initial equilibrium price and initial equilibrium quantity in the market for natural gas. A new technology reduces the cost of extracting natural gas. Using comparative statics, analyze how the equilibrium price and equilibrium quantity in the market for natural gas will change as a result of this new technology? Be sure to illustrate your answer with graph. (5 points)
  2. Suppose D0 and S0 are the initial demand and supply curves for tablets. P0* and Q0* are respectively the initial equilibrium price and initial equilibrium quantity in the market for tablets. Rapid economic growth over the last three years has substantially increased the disposable income of most households. Using comparative statics, analyze how the equilibrium price and equilibrium quantity in the market for tablets will change as a result of the increase in disposable income. Be sure to illustrate your answer with graph. (5 points)
  3. Suppose that a market with an inelastic supply curve experiences a shift to the right in the demand curve. Using comparative statics, analyze how the equilibrium price and equilibrium quantity in this market will change as a result of the shift to the right in the demand curve. What is the magnitude of the change in the equilibrium price and equilibrium quantity? Be sure to illustrate your answer with graph. (5 points)
  4. Suppose that a market with an inelastic demand curve experiences an upward shift (to the left) in the supply curve. Using comparative statics, analyze how the equilibrium price and equilibrium quantity in this market will change as a result of this shift in the supply curve. What is the magnitude of the change in the equilibrium price and equilibrium quantity? Be sure to illustrate your answer with graph. (5 points)

PART II (30 POINTS)

Suppose an industry that has 10 firms. Below are the market shares for 2008 and 2013 of the 10 firms.
Market Share
Firms 2008 2013
A
B
C
D
E
F
G
H
I
G 26%
21%
16%
10%
9%
7%
4%
3%
2%
2% 22%
23%
19%
9%
8%
7%
6%
4%
1%
1%

  1. Calculate the concentration ratio CR4 and the concentration ratio CR8 for 2008 and 2013
    (5 points)
  2. Calculate the Herfindahl-Hirschmann Index (HHI) for 2008 and 2013 (5 points)
  3. Using the CR4, CR8, and HHI, analyze the evolution of the seller concentration in the industry. Has the industry become more or less concentrated? (10 points)
  4. Using the CR4, CR8, and HHI, analyze the evolution of the potential market power of firms in the industry. (10 points)

Sample Solution

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Nemo, Dory, and The Meg

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Introduction

Pick one of the choices below, watch the video, and answer the questions that follow in a well thought out, college-level essay. You probably won’t need much more than a page or two to complete it.
CHOICE 3: The Meg & a thermocline at the bottom of the Mariana Trench:
At 1:39 in this clip, the character says, “this ecosystem is completely cut off from the rest of the ocean by the freezing cold thermocline…”

  1. What is a thermocline? Does this “freezing cold thermocline” comment make sense? Why or why not?
  2. If there were a thermocline, would the “freezing cold” water in the movie be above or below where the our
    explorers are located? Prior to 1:39, is there anything in the scene that might support your conclusion?
  3. Check out this article. (Links to an external site.) Do a little more research (don’t forget to cite your source)
    and explain where there IS a thermocline in our ocean. Consider an El Niño situation. Would the thermocline
    become deeper or more shallow off of South America during an El Niño?
    https://youtu.be/gqk99tuazNo
    https://www.youtube.com/watch?v=gqk99tuazNo
    https://screenrant.com/meg-movie-accurate-megalodon-real/2/

Sample Solution

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Main challenge that cities around the world face

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(Sustainable Development) Identify one main challenge that cities around the world face in achieving sustainability today, and explain how policy makers may go about tackling this.

Sample Solution

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