1. As a text entry, link of your video presentation. Prepare a video presentation (7 minutes minimum, 10 minutes maximum) of a business of your choice providing a sustainable service or trading of a sustainable product, with a partnership as a form of ownership. This video will serve as a business pitch to a possible investor. e All members of the group should be the partners in your partnership. s In the video presentation of your group's partnership pitch, include the following: o oo oo oo o o Partnership name Activity or purpose Ethical considerations of your business (including your contribution to sustainable business practices) Duration Liability of partners = General partners and/or limited partners The capital contributions of the partners The P&L agreement = Provision for interest on capital, salary allowance, and bonus. Include your justification. Management = Managing partners, if there are any. What are his'her or their qualifications? = Liguidating partner, in the event of liquidation. What are his'her qualifications? Starting capital. Explain why this is sufficient. Statement of Financial Position as of the date of formation = Present the items and explain why vou need these at the start of the business. Projected Statement of Profit or Loss at the end of the first month of operations including the distribution of profit or loss among partners. = Make reasonable assumptions and explain how you calculated the amounts. Projected Statement of Changes in Partners Equity at the end of the first month of operations. Projected Statement of Financial Position as of the end of the first month of operations. Reminder: All members should have a part in the presentation. Faces should be shown while reporting. 2. In pdf file, a filled out Articles of Partnership s Go to sec.gov.ph and download an Articles of Partnership. Use the one appropriate for your business (general partnership or limited partnership). s Use your names as the business partners e In the principal place of business and addresses of partners, use dummy information (fake addresses). Reminder: There is no need to have the Articles of Partnership notarized. 3. In excel file, in 4 tabs, s Statement of Financial Position as of the date of formation Projected Statement of Profit or Loss at the end of the first month of operations including the distribution of profit or loss among partners * Projected Statement of Changes in Partners' Equity at the end of the first month of operations Statement of Financial Position as of the end of the first month of operations 1.) Consumer's utility function is represented by U = 40X" By*75. In this utility function, U is the total utility while X and Y are two outputs in the consumer's basket. The corresponding marginal utilities function will be MU, = AU/AX = 10X"75y*75 and MU, = AU/AY = 30X* *by*2 for output X and Y respectively. Using these marginal utility functions, the relevant marginal rate of substitution MR5 = - MU,/ MU, = - 10X"#750.75/30X".35y-3:35 = -1/3Y/X. Using the information provided in this item, answer the following questions. i.)What is the meaning of the marginal rate of substitution (MRS) of -1/3Y/X? Why is the MRS preceded by a negative sign? What is the relevance of this MRS to the consumer? ii.)The prices of both outputs is 5 pesos (that is Px = 5 pesos = Py) and consumer's income is equal to 50,ooo pesos. What is the consumer's optimal condition considering marginal utilities, output prices and consumer's income? iii.)What will be the optimal combination of outputs X and Y considering output prices and consumer's income? iv.) The government imposed a 106 excise tax on the price of output X such that price of output X becomes P. tax = 5.5 pesos. What will be the optimal combination of output X and Y considering the higher price of output X, the old price of output Y and the same consumer income? 2.)In a monopoly, the market demand function is P = 40,000 -50 ( while the marginal revenue function will be MR = 40,000 -100). The total cost function of the monopolist is TC =10x10* + 0.40 + 0.0020* in which case the relevant marginal cost function of the monopolist will be MC = 0.4 + 0.0040. In this instance, the average total cost function can be indicated as ATC = TC/Q = 10X10/0 + 0.4 + 0.0020. Use the information provided in this problem to answer the following questions. i.)What is the profit maximizing output level for this monopolist? What is the profit maximizing price for this monopolist? ii.)What is the total revenue, total cost and total profits at the profit maximizing output level? iii.)What is(are) the break even quantity(ies) for this monopolist? [Use the quadratic formula _ -btv6:-4001.) Consumer's utility function is represented by U = 40X"by75. In this utility function, U is the total utility while X and Y are two outputs in the consumer's basket. The corresponding marginal utilities function will be MU, = AU/AX = 10X" #y*75 and MUy = AU/AY = 30X* *Y2 for output X and Y respectively. Using these marginal utility functions, the relevant marginal rate of substitution MR5 = - MU,/ MUy = - 10X"3757075/30X 35 8:35 = -1/3Y/X. Using the information provided in this item, answer the following questions. i.)What is the meaning of the marginal rate of substitution (MRS) of -1/3Y/X? Why is the MRS preceded by a negative sign? What is the relevance of this MRS to the consumer? ii.)The prices of both outputs is 5 pesos (that is Px = 5 pesos = Py) and consumer's income is equal to 50,ooo pesos. What is the consumer's optimal condition considering marginal utilities, output prices and consumer's income? iii.)What will be the optimal combination of outputs X and Y considering output prices and consumer's income? iv.) The government imposed a price ceiling on output X such that price of output X becomes Px ceiling = 4 pesos. What will be the optimal combination of output X and Y considering the lower price of output X, the old price of output Y and the same consumer income? 2.) In a perfectly competitive market, the market price is P = 1,000. The total cost function of the firm is represented as TC = 60,000 + 40 + 0.1503. For this total cost function the marginal cost function will be MC = 4 + 0.30. The average total cost function in this instance will be ATC = TC/Q = 60,000/Q+ 4 + 0.150. Using the information provided in this problem, answer the following questions i.)How much output will be produced in this market? ii.)If there are 5 firms in this market, what will be the output of each of the firm? iii.)What is the total revenue, total cost and total profits in the market? iv.)What will be the break even quantity (ies) in this market? [use the quadratic formula1.) Consumer's utility function is represented by U = 40Xy":. In this utility function, U is the total utility while X and Y are two outputs in the consumer's basket. The corresponding marginal utilities function will be MU, = AU/AX = 10X"#Y*75 and MUy = AU/AY = 30x* * * for output X and Y respectively. Using these marginal utility functions, the relevant marginal rate of substitution MRS = - MU/ MUy = - 10X"By97:/30Xy*= -1/3Y/X. Using the information provided in this item, answer the following questions. i.)What is the meaning of the marginal rate of substitution (MRS) of -1/3Y/X? Why is the MRS preceded by a negative sign? What is the relevance of this MRS to the consumer? li.)The prices of both outputs is 5 pesos (that is P, = 5 pesos = P,) and consumer's income is equal to 50,ooo pesos. What is the consumer's optimal condition considering marginal utilities, output prices and consumer's income? lil.)What will be the optimal combination of outputs X and Y considering output prices and consumer's income? iv.) The government imposed a price floor on the price of output X such that price of output X becomes P. floor = 6 pesos. What will be the optimal combination of output X and Y considering the higher price of output X, the old price of output Y and the same consumer income? 2.)In a monopolistic competitive market, the total cost function of a firm is TC = 45x10* + 0.50 + 0.0030* (in which the ATE min = 122,474 49 units, ATCmin = 735.35 pesos) The average total cost and marginal cost functions of the firm can be given as ATC = 45x10 /Q + 0.5 + 0.0030 and MC = 0.5 + 0.0060. i.)The demand for this firm is P = 100,000 -50 (MR = 100,000 -100). What is the Omma given the market demand? What is the average total cost at maximum profits? What is the profit margin at the Ormax level? ii.)When a new firm (with a slightly differentiated output but remains a close substitute to the output of this firm) enters the market, the demand for the firm shifts to P' = 60,000 -50(MR' = 60,000 -100). What is the Ommax given the reduced market demand? What is the average total cost at the changed profit maximizing output level? What is the profit margin at the Q', max level?iii.)Do you agree that the firm's profitability is likewise reduced by the entry of a new firm? Answer yes or no but justify your answer using information generated in this problem. iv.)Do you agree that the firm's productive efficiency is reduced by the entry of a new firm? Answer yes or no but justify your answer using information generated in this