Read the article “Science in Hollywood.” As you read, think about the factors that may cause Hollywood studios to use more "real" science in their movies. After you finish reading, answer the questions that follow. Question 1
Part A

Why do you think Hollywood is incorporating more realism in its special effects?

Why would the answer you gave to part A motivate Hollywood to use more realism in special effects?

To provide realistic special effects, production studios need to hire scientists and mathematicians. What other production activities could studios engage in if they didn’t hire these mathematicians and scientists?

Question 2
Assume that you are the vice president of movie production for a major Hollywood studio. You need to compose a memo to your film's finance team justifying the hiring of scientists and mathematicians to act as consultants on your film. Use your answers from question 1 to write a brief summary of the memo. Ensure that you use the concepts of scarcity, opportunity cost, trade-off, monetary incentive, marginal benefit, and marginal cost appropriately.

The text states that the committee “expects inflation to rise gradually toward 2% over the medium term as the labor market improves further….” why would the fomc expect inflation to rise because of improvements in the labor market?

Witch is an example of a non durable good?

The production manager of rordan corporation has submitted the following quarterly production forecast for the upcoming fiscal year: 1st quarter 2nd quarter 3rd quarter 4th quarter units to be produced 10,800 8,500 7,100 11,200 each unit requires 0.25 direct labor-hours, and direct laborers are paid $20.00 per hour. required: 1. prepare the company’s direct labor budget for the upcoming fiscal year. assume that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced. 2. prepare the company’s direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is not adjusted each quarter. instead, assume that the company’s direct labor workforce consists of permanent employees who are guaranteed to be paid for at least 2,500 hours of work each quarter. if the number of required direct labor-hours is less than this number, the workers are paid for 2,500 hours anyway. any hours worked in excess of 2,500 hours in a quarter are paid at the rate of 1.5 times the normal hourly rate for direct labor.