Instructions
Please use APA format for this assignment. Where applicable, you must show your derivations, analysis and how you obtained the responses/answers. Use title page, in-text citations, references, appropriate font size, double spaces, etc where appropriate. The assignment will be graded for content, APA formatting, met deadlines for submission. See the following rubric below.
Rubric Category
Point Val. Your Points
Paper meets the specified pages or word length, demonstrates thorough understanding of the reading assignment, reflects critical thought, and relates to course content and/or industry applications.
Length required _ 5-7 pages____, __ pages___ turned in.
20
Ideas and concepts are supported through resources and/or personal experiences. Work exhibits truthful and verifiable statements and mathematical formulae and derivations used where applicable.
40
Posts are free of writing errors (syntax, grammar, etc.) Try to avoid using needless fillers i.e. that. I did not count those as errors this time. Also, free of APA format errors.
___ Errors – 1-4 =.9 5-7= .8, 8-10= .7, 11-12= .6, 13-14= .5, 15-17= .4, 18= .3, 19= .2, 20= .1, 21 or more 0.
40
Total
100
Please show all work for this quiz and explain your derivations. Lack of step-by-step work will not be credited. Partial credit will be given for step-by-step description of answer.
b. It is shown that the population of New York City, NY is much greater than that of Irvington, NJ. Employment opportunities, malls, social activities and tourist sites in New York City are therefore more than that in Irvington. If attractiveness for New York and Irvington are therefore 1,800 and 180 respectively and if the calculated impedance of migration is known to be 1.57, based on Gravity-Based model, estimate in demands, the number of people who travel between Irvington, NJ and New York City per week. ____
c. Elasticity can be defined as percentage change in demand for a 1% change in decision…