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Performance Management system

Growth and development analysis of a human being

It has been written previously that one is born with their traits. Writers have also indicated that traits are passed from one generation to another. I however believe this to be untrue. There are those traits that one is born with and those that one learns as they grow up.

We cannot take for granted the interactions one has with other human beings and nature. This has a way of changing us. The way we think and believe is highly contributed by the people we interact with and our backgrounds. In this paper we will discuss how I grew up to procrastinate and also a perfectionist. I believe I grew into this.

I push myself and others to do a perfect task and at the same time do the hard tasks the last minute.

 
Procrastination is evading the performance of a job which needs to be achieved. It is doing the more enjoyable tasks first, or doing those tasks that are less urgent as a substitute to more vital ones. This means that one puts off the difficult tasks first. Everyone has been accused of procrastinating at one point or another. However, more than 20 % of the population is said to procrastinate frequently. Procrastination can be defined as their way of life.
 
 
 

Performance management his highly done, in line with the goals and objectives of the organisation while at the same time ensuring that the strengths and weaknesses of employees have been established.  Meeting business goals and objectives is the essential reason for there being any organisation.

For this to be achieved there needs to be periodical measurements of the progress towards achieving these goals and objectives. The goals and objectives of the organisation need to have been communicated to all employees so that the company can soldier on as one team.  After this communication has been done, the achievement of these objectives needs to be measured appraised and relevant actions taken from time to time. The performance management process is part of the entire business since its inception till the day that it closes business.

Procrastination is said to reflect our struggle with self-discipline and control. It also shows our inability to predict our feelings for the next day. To critic this statement and belief I would say that procrastinators are good at making choices and prefer lesser demanding tasks as compared to the difficult tasks. Critics can also be quoted saying that procrastinators claim that they achieve better results when under pressure. More often than not that’s the way procrastinators qualify tasks and then work towards achieving them.

Personally, I have in many occasions preferred to avoid negative emotions so as to delay stressful tasks. So as to achieve more with limited I prefer doing the difficult tasks under pressure. This has enabled me to save time over the years.

Psychologists have cited such abehavior as a way of dealing with anxiety that is associated with finishing a task. Anxiety can get you to start working on a task either early or late (Steel, 2010). The focus should therefore be more of impulsiveness. Anxiety can only cause you to late on a task if it is impulsive.

 

 

 

==> Accounting Issues Raised After Financial Analysis

References

Steel, P. (2010). The procrastination equation: How to stop putting things off and start getting stuff done. Random House Canada.

 

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Company evaluation

Mission and Vision Evaluation

Remember to search for a mission and vision statement then evaluate them (running the mission statement through the mission-statement components.  If you cannot find either or both, so note in this report section, and write one for the company.

This part Includes a:

  • Vision Statement
  • Mission Statement
  • List Mission Statement Evaluation Components that are satisfied
  • Rationale for the components included as well as excluded.

==>Top 5 of The Best Accounting and Finance Textbooks

Milestones

Begin with a concise company profile followed by 5-10 company milestones.  Synthesize the company’s uniqueness and identity.  For example, a fun, employee-centered culture or low-cost, no-frills strategy uniquely identifies Southwest Airlines.

External Assessment

Insert your completed EFE Matrix.  Discuss the high score factors and interpret the overall score for your reader.

Your final paper will include:

·         An External Factor Evaluation (EFE) Matrix .

 

o    Why is this environmental factor key?

o    Why does the factor carry this much weight?

o    Why you rated the factor as you did?

·         How should management interpret the total weighted score?

How to do an External Assessment

After reading the case, first scan the environment. Use the following steps:

1.    List key external factors (opportunities and threats). These factors apply to all firms in the industry, not just this company. Any firm could potentially take advantage of an opportunity or be challenged by a threat because these factors are in the external environment. Include a total of 10-20 factors. Be as specific as possible.

2.    Assign a weight to each factor that ranges from 0.0 (not important) to 1.0 (very important). The weight indicates the relative importance of that factor to being successful in the industry. The sum the weights of all factors (for both opportunities and threats combined) must equal 1.0.

3.    This is the step at which the company (revlon) enters the picture. Assign a rating between 1 and 4 to each factor to indicate how effectively the firm’s current strategies respond to the factor, where 4=the response is superior, 3=the response is above average,2=the response is average, and 1=the response is poor. Ratings are based on effectiveness of the firm’s (revlon.) strategies. Ratings are company-based, whereas the weights in Step 2 are industry-based. Both threats and opportunities can receive a 1, 2, 3, or 4.

4.    Multiply each factor’s weight by its rating to determine a weighted score.

5.    Sum the weighted scores for each variable to determine the total weighted score for the organization(Revlon)

Internal Assessment

Insert your completed IFE Matrix.  Discuss the high score factors and interpret the overall score for your reader.  Use financial ratios for internal factors too, if applicable. (For example, if the company has a low inventory turnover ratio, this could be a weakness in the IFE Matrix.) See the link below under “Appendix” to help you preliminarily examine the financial ratios.

==> Read on the advantages of debt

SWOT Analysis

Summarize the key strengths, weaknesses, opportunities and threats.  Also, consider how well your company is managing both environments. This section serves as a conclusion to Case 1. Simply summarize the key strengths, weaknesses, opportunities, and threats that were prominent in your EFE and IFE matrices. This is not a SWOT Matrix, which is a matching technique. Matching techniques (e.g., the SWOT Matrix) are part of Case 2. 

 

 

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Advantages of Debt

Debt and deficits

A deficit is a difference between income and expenditure where spending is higher than income. Once you have a deficit, it means you have to borrow to cover it. This situation leads to debt. Governments borrow by selling securities to the public.



I believe that there is good debt and bad debt. There are many journals on this topic. One writer says debt is not the problem and the next predicts that debt will ruin civilization (Hanson, 2006). Common sense is you spend what you have and save the rest. However, this is not normally the case all the time. Many people who do well with money have something in common: they know what they want (Gerber, 2012).  It all matters with why you have a deficit and opting for a debt. Good debt is one that is a sensible investment in your future. It will leave you better financially in the long run. Taking a student loan, investing in business, getting a mortgage or buying a car that will bring income is good debt. Purchasing a luxurious house, purchase an extra car or borrowing to meet day to day expenses is bad debt.

 

 

 

References

Gerber, L. (2012). Top 10 Tips for Developing Money Management Skills. The Rosen Publishing Group.

Hanson, J. (2006). Good Debt, Bad Debt: Knowing the Difference Can Save Your Financial Life. Jon Hanson.

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Accounting Issues Raised After Financial Analysis

Dear Sir/Madam,

RE: Accounting Issues –  Year Ending 30th June 2016.

This is in reply to your email sent on 18th April 2016 in regard to accounting issues we had previously discussed over the phone. Below is our feedback on all the issues that you had raised:

  1. In regards to the issue of the court decision to reward damages to your client held on 26th March 2016 we would advise that you set aside funds amounting to $1 million in your general reserves account for use upon the verdict expected on 30th September 2016. Below are the journal entries to record this transaction. The same also needs to reflect on the statement of financial position.
ITEM DR CR
PROFIT and LOSS A/C 1,000,000
GENERAL RESERVE 1,000,000

==> Top 5 of The Best Accounting and Finance Textbooks

  1. In the case of Ipad sales we would advise that you treat the sales as debtors less the discounted amount. This is to reflect in the financial reports. You also said that the total amount owed is $ 250,000. This is to treated as accounts receivables less the discounted amount. Below are the journal entries to be recorded in your books.
ITEM  DR  CR
Account receivables            232,500.00
Discount allowed               17,500.00
Stock        250,000.00
TOTAL            250,000.00        250,000.00

 

Plant A/c
 ITEM  DR  CR
 Cash      76,000.00
 Accumulated depreciation      25,000.00
 Plant      85,000.00
 Gain on sale of plant      16,000.00
   101,000.00    101,000.00

 

Your adjusted statements are as below.

 

A statement of cash flow is prepared to show cash flow from operation and cash flow activities. This report shows changes in financial positions leading from operational activities, investing activities and financial activities. This information can then be used by an analyst to make a conclusion.



A statement of cash flow also assists in making cash forecasts. This is then used in internal management to determine management policies especially those touching in finances. The report is also credited for resulting in cash planning.

Through the preparation of cash flow statements, a business can compare the performance of projects. By comparing the actual cash flows against expected cash flow, a business can know how the project is fairing. An income statement measures a company`s performance financially eg by expenses, revenue, profits or losses over a specified period of time. This therefore means that both financial reports have their importance.

 

References

AASB, A. S. (2004). Financial Instruments: Disclosure and Presentation.Disclosure51, 52.

 

Bushman, R. M., & Smith, A. J. (2001). Financial accounting information and corporate governance. Journal of accounting and Economics32(1), 237-333.

 

Lev, B., & Zarowin, P. (1999). The Boundaries of Financial Reporting and How to Extend Them (Digest Summary). Journal of Accounting research,37(2), 353-385.

 

Yours Faithfully

 

 

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Community Teaching Plan

Note: This is an individual assignment. In 1,500-2,000 words, describe the teaching experience and discuss your observations. The written portion of this assignment should include:
1.Summary of teaching plan
2.Epidemiological rationale for topic
3.Evaluation of teaching experience
4.Community response to teaching
5.Areas of strengths and areas of improvement

Prepare this assignment according to the guidelines found in the APA Style Guide, located in the Student Success Center. An abstract is not required.

This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion. 

You are required to submit this assignment to Turnitin. Please refer to the directions in the Student Success Center.
APA FORMART AND INTEXT CITATION

 

FREE ANSWER!!!….If you need custom-made answer contact me on prowriter1983@gmail.com

 

Name

Institution

Course

Topic: Community Teaching Plan

A disaster is portrayed as an occasion that causes extraordinary harm and death toll. A disaster can be a quake, surge, fire, blast, sea tempest, or any occasion that is calamitous to framework and claims lives. Disasters influence the lives of a huge number of individuals consistently. Being readied for a disaster can diminish dread and tension. Being readied can likewise diminish the measure of misfortunes that can happen. People and families need to recognize what to do in the case of a disaster like a tropical storm (“FEMA,” “n.d”). Groups that comprise of army installations face diverse dangers identified with disasters. They are at expanded danger for atomic mishaps and demonstrations of terrorism. Thus, disaster readiness for the groups of Hampton Roads Virginia would be important for the group social insurance medical caretaker to give.

Epidemiological Rational for Topic

The zone of Hampton Road is situated on the eastern bank of Virginia. Being a coastal area, Hampton Roads is defenseless against solid tempests and tropical storms. Hampton Roads is one of the top zones in the nation at danger for tempest surges coming about because of a class 5 storm. A Category 5 sea tempest could bring about $39 billion worth of harm to homes and encompassing zones in Hampton Roads (“Hurricanes and Storms,” “n.d”). Families would be managing damage, demise and loss of property. Hampton Roads has enormous maritime, Air Force, Army, Marine Corps and Coast Guard army bases. This military vicinity puts the general population of Hampton Roads at expanded danger for man-made calamitous disasters.

Planning Before Teaching

The community wellbeing nurse would initially need to evaluate the location. Realize what regions are at the most astounding danger for sea tempests and what ranges are nearest to the numerous army installations. The nurse would need to get comfortable with the territory’s present clearing arrangement and safe-zone zones. The nurse would need to find out about the notice alarms that may utilized as a part of the zone and the crisis numbers or radio stations that give upgraded data. The nurse would need to get ready data by utilizing power focuses and leaflets as a part of distinctive dialects and, if relevant, age particular. Data in regards to when to empty, where to go and what things to have prepared in a first aid kit would be incorporated into the force focuses and leaflets (“Virginia Gov,” 2013). The nurse would need to investigate subsidizing and conceivable gifts that may offer individuals from the community some assistance with putting together their first aid pack. Including zone organizations in the arranging and conceivable gift of supplies could be advantageous. The nurse ought to include neighborhood police, flame and clinics in the arranging. Surveying for an area for the educating to be given would need to be finished. The region for the educating would need to be substantial and effectively available to individuals from the community. The nurse would need dialect mediators accessible amid the instructing to guarantee that the data is comprehended by all. The date and time for the instructing would need to be set too. Setting the date and time for greatest participation is critical keeping in mind the end goal to include most or all community individuals. The nurse would need to strengthen to the community that being readied can spare lives.

Nursing Diagnosis

* Risk for emotional imbalance identified with uneasiness of normal or man-made disaster

* Ineffective community adapting

* Readiness for upgraded community adapting.

Readiness for Learning

Confirmation of learning status, concerning disaster, is clear in a community when the individuals search out information and set themselves up for any conceivable circumstance. There are different stages to experience before receiving or keeping up the obligation and information that run with being readied for a disaster of any sort. The pre-pensive stage could be depicted by saying the community is ignorant that a potential danger exists. The pensive stage is the place the community individuals may pondering what steps should be taken keeping in mind the end goal to be arranged. Amid the activity organize, the community effectively plans for and is prepared for a disaster. In the support organize, the community proceeds with the scholarly conduct so they are constantly arranged (“Euromed Info.,” “n.d.”).

The community hints at gathering so as to be readied a unit of crucial needs, making a family arrangement, staying educated and helping other community individuals. Community individuals can clarify and show others about arranging. Their conduct is consistent by communicating the information they have learned. Community individuals, why should prepared learn and help, are additionally ready to recognize new sources and approaches to upgrade information in disaster making arrangements for their community. It is imperative to know precisely what to do preceding, amid, and after a crisis or disaster. Being appropriately arranged can have all the effect when seconds tally.

Learning Theory and Goals

General wellbeing nurses work to distinguish wellbeing or security issues, and in addition hazard elements, in a home, workplace and community by working with community pioneers, doctors, folks and instructors. They execute and oversee mediation projects to address and revise issues, and also anticipate future issues and hazard components (“Public Health and Community Nursing,” 2013). Keeping in mind the end goal to help a community overall, the nurse must survey the community’s needs and decide their learning styles to give powerful instructing.

 

Hampton Roads, situated in Virginia, has an extremely fascinating land design. The range is split into two districts, referred to local people as the Peninsula and the Southside. The Peninsula constitutes the eastern piece of the city and is isolated from the Southside by a harbor. Truth be told, the Hampton Roads Harbor is one of the biggest on the planet otherwise called Chesapeake Bay (“Hampton Roads Geography,” 2003-2011). This is a high-hazard zone for characteristic disasters, for example, storms, surges, quakes, and artificial terroristic assaults.

 

Hampton Roads is a various populace contained regular citizen and military individuals from generally Caucasian and Black ethnicity. The community nurse will utilize Cognitive Theory of Multimedia Learning. As per Mayer, this hypothesis depends on three primary suppositions: in the first place, he trusts that there are two channels, sound-related and visual for handling data; second, that there is constrained channel limit and third, that learning is a dynamic procedure of sifting, selecting, arranging, and coordinating data (Mayer, 2007-2013). The community nurse and other multidisciplinary groups will give beautiful handouts representations of fundamental needs amid a characteristic disaster or synthetic occasion. There will be bulletins posted all through the community with the location of spot, particular dates and times of sorted out educating. The community nurse will assemble power focuses with particular data, for example, first aid kits, transportation accessible amid turbulent circumstances, and exit arranges and courses. The community nurse will likewise show what dangers the community faces when they choose to stay behind to “ride it out” the same number of community individuals would say. The community individuals will be given the chance to make inquiries and connect with pioneers to guarantee the material was secured in a way that was retainable. The objectives are to have community individuals instructed, prepared and arranged for a potential regular disaster and/or terroristic assault in the Hampton Roads zone.

 

Solid individuals 2020 (HP2020) have a continuum of objectives to be accomplished by 2020 and past years to come. In this lesson, the community nurse will utilize “readiness” for a community objective. Arranging ahead can keep you and your family safe if there’s a crisis, similar to a characteristic or man-made disaster. Samples of crises include: common disasters like surges, tornadoes, seismic tremors, influenza pandemics (influenza episodes that spread the world over), power outages (where vast territories lose power) and terrorist assaults. Crises can happen whenever. It’s vital to ensure you and your family is prepared. This is what you can do: get a crisis supply unit, make a family crisis arrange, and realize what to do in these diverse sorts of crises (“Preparedness,” 2013).

 

Keeping up a sound situation is key to expanding personal satisfaction and years of solid life. Comprehensively, about 25 percent of all passings and the aggregate malady weight can be ascribed to natural variables. Natural elements are assorted and extensive. They include: introduction to perilous substances noticeable all around, water, soil and nourishment, regular and mechanical disasters, physical dangers and healthful inadequacies. Poor ecological quality has its most noteworthy effect on individuals whose wellbeing status is as of now at danger. Along these lines, ecological wellbeing must address the societal and ecological components that improve the probability of presentation and infection identified with a characteristic or man-made disaster (“Environmental Health,” 2013).

Creativity

Today’s populace, from the exceptionally youthful to the elderly, needs to figure out how to utilize a PC and have mobile phones with web and messaging abilities. Subsequently, the community nurse gave sites and phone numbers to community individuals to enlist and get upgraded data on issues relating to their range. The nurse likewise gave power focuses, brilliant flyers, and refreshments and snacks for all going to. Different speakers shared extraordinary stories to catch the gathering of people’s consideration. Towards the end, the community individuals were allocated time for inquiries.

Evaluation of Objectives, Goals, and Teacher

The Hampton Roads zone is situated on the eastern shoreline of Virginia. This makes Hampton Roads distinguishable to common or man-made disasters. The community nurse can educate the community on the best way to get ready for a disaster. Circulating disaster units that incorporate an emergency treatment pack, spotlights, batteries, water, and canned nourishment with a can opener, covers and rain rigging will set up the community for a tropical storm. Advising the community of Hampton Roads that most sea tempests happen in the middle of August and October will assign a time period for the natives to be arranged. Having the community wellbeing nurse confirm that the surge territory maps are posted all through the community will guarantee that natives know where to discover haven when flooding happens. The Hampton Roads range is populated with an army installation and military work force. This makes Hampton Roads at danger for atomic weapon mischances. Give instruction to the community, that when an atomic weapon mishap happens, a siren will be sounded for departure. Urge nationals to bring their disaster unit with them and give natives materials to add to a departure arrangement. The community nurse will clarify that the clearing arrangement ought to incorporate course and last destination. Giving training, for those that choose to stay in their homes, will incorporate don’t turn on aeration and cooling systems, heat pumps, or fans. Close all windows, entryways and vents. As the educator, the community wellbeing nurse will guarantee all nationals comprehend disaster readiness and will be arranged amid storms and man-made disasters. The objective being for all subjects to be arranged by have a disaster unit prepared for when tropical storm season happens and if an atomic weapon mishap happens.

Barriers and Strategies to Overcome Barriers

There are a few barriers that the community wellbeing nurse will need to overcome so as to guarantee that the community is given the data expected to disaster readiness. Some of those barriers incorporate physical impedance, non-English talking residents, hard of hearing subjects, rationally disabled and nationals that are monetarily hindered. With help, these barriers can be succeed. For the physical debilitated nationals, the community nurse can go to their home and give showing and guarantee that all sanctuary structures are impediment available. While giving training or at safe houses an interpreter for non-English talking residents is accessible. Hard of hearing residents will be given gesture based communication at all times. Those that are rationally disabled will be guaranteed that if a disaster happens they will get help. Those that are fiscally impeded will be given the instruction and devices required for when a disaster ought to hit. With every one of these techniques to overcome barriers, the residents of Hampton Roads will have the capacity to get by amid a sea tempest or atomic weapon mishap.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

References

  • Are You ready? Why Prepare. (“n.d”). Retrieved from http://www.fema.gov/media-library-data/20130726-1549-20490-4325/why_prepare.pdf
  • Environmental Health. (2013). Retrieved from
  • http://healthypeople.gov/2020/topicsobjectives2020/overview.aspx?topicid=12
  • Euromed Info.(“n.d”). Patient Education: Learning Readiness. Retrieved from:
  • http://www.euromedinfo.eu/patient-education-learning-readiness.html/
  • Hampton Roads Geography. (2003-2011). Retrieved from
  • http://www.greaterhamptonroads.com/geography.html
  • Hampton VA. (2013). Emergency Management. Retrieved from
  • http://va-hampton.civicplus.com/index.aspx?NID=242
  • Hurricanes and Storms. (“n.d”). Retrieved from http://hamptonroads.com/storms
  • Mayer, R. (2007-2013). Cognitive Theory of Multimedia Learning (Mayer). Retrieved from
  • http://www.learning-theories.com/cognitive-theory-of-multimedia-learning-mayer.html
  • Prepare for an Emergency. (2013). Retrieved from
  • http://www.healthfinder.gov/HealthTopics/Category/everyday-healthy-
  • living/safety/prepare-for- an-emergency
  • Prepare Now for Emergencies. (2013). Retrieved from http://www.vdh.virginia.gov/LHD/PrinceWilliam/epr/preparenow.htm
  • Public Health and Community Nursing. (2013). Retrieved from http://nursing-
  • org/theories-and-models/public-health-community-nursing.php
  • Virginia Department of Emergency Management. (2012). Radiological and Nuclear. Retrieved
  • from http://www.vaemergency.gov/content/radiological-nuclear.

 

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Producer and Consumer Surplus with Price Floors

 

Suppose that the Gondwanaland Chairman of Production who sets the governmental price floor for gosum berries in an effort to assist the gosum berry producers to have a higher income, set the price floor at $70 per barrel. These berries are a food staple of the Gondwanalandians and contributes directly to their health and long life (average lifespan of 150+ active years).

In that particular year the amount of gosum berries produced at the $70 price floor was 700 barrels per month. To support the price of gosum berries, the Chairman of Production’s Office had to purchase 400 barrels per month.  The accompanying diagram shows supply and demand curves illustrating the market for Gondwanaland gosum berries.

 

  1. In the absence of a price floor, the maximum price that a few of the consumers are willing to pay up to $100 per barrel of gosum berries. The market equilibrium (E) price is $50 per barrel. How much consumer surplus is created, when there is no price floor? Show your calculations.

Consumer surplus is defined as the area below the demand curve but above the market price(Sun, Delucchi, Lin & Ogden,  2014) In our case the consumer surplus is represented by the area between price of $50 and $100 against quantity of 500.

Consumer surplus        = ½ (50*500)

= 50,000

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  1. How much producer surplus when there is no price floor?

Producer surplus is the area below the price curve but above the supply curve. (Sun, Delucchi, Lin & Ogden, 2014)

Producer surplus         = ½ (50*500)

=50,000

  1. What is the total surplus when there is no price floor? Show your calculations.

 

Total surplus    = 50,000 +50,000

= 100,000

 

  1. d) After the price floor is instituted, the legal minimum price that can be charged by suppliers is $70 per barrel. The maximum price that a few of the consumers are still willing to pay is $100 per barrel of gosum berries. With the price floor at $70 per barrel, consumers buy 300 barrels of gosum berries per month. How much consumer surplus is created with the price floor?

Consumer surplus after the price floor            = ½ (30*300)

= 4,500

How much producer surplus is created with the price floor? Show your calculations.

Producer surplus after price floor       = ½ (70*700)

= 24,500

  1. e) The Chairman of Production’s Office buys any barrels of gosum berries that the producers are not able to sell. With the price floor, the producers sell 300 barrels per month to consumers, but the producers, at this high price floor, produce 700 barrels per month. How much money does the Chairman of Production’s Office spend on buying up surplus gosum berries? Show your calculations.

= 700 barrels  – 300 barrels

= 400 barrels

= 400*70

= 28,000

 

  1. f) The Emperor of Gondwanaland must collect taxes from the people to pay for the purchases of surplus gosum berries by the Chairman of Production’s Office. As a result, total surplus (producer plus consumer) is reduced by the amount the Chairman of Production’s Office spent on buying surplus gosum berries. Using your answers for parts d, e, and f, what is the total surplus when there is a price floor? Show your calculations.

Total surplus    = 24500 + 4500

= 29000

  1. g) How does this compare to the total surplus without a price floor from part c?

The price floor has reduced the total surplus in the market.

 

References

Sun, Y., Delucchi, M. A., Lin, C. Y. C., & Ogden, J. M. (2014). The producer surplus associated with gasoline fuel use in the United States. Working paper, University of California at Davis.

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