73-240 | Recitation A Problem Set 1 Problem 1: Nominal GDP‚ Real GDP‚ Price Indices‚ and Inflation A. Nominal GDP in Year 1 = $430 Nominal GDP in Year 2 = $617.50 Growth Rate of Nominal GDP = 44% B. RGDP(1) in Year 1 = $430 RGDP(1) in Year 2 = $410 RGDP(1) growth = -4.65% RGDP(2) in Year 1 = $655 RGDP(2) in Year 2 = $617.50 RGDP(2) growth = -5.73% The answer differs depending on which base year you use because the relative prices of the goods in comparison to each other (price
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PROBLEM 26-1 : Dover Rubber Company If volume is "100.000" ; Revenue = 73.50$ x 100.000 = 7.350.000 $ Variable cost = 34.30$ x 100.000 = 3.430.000 $ Contribution Margin = 7.350.000 - 3.430.000 = 3.920.000 $ If volume is "500.000" ; Revenue = 41.65$ x 500.000 = 20.825.000 $ Variable cost = 34.30$ x 500.000 = 17.150.000 $ Contribution Margin = 20.825.000 - 17.150.000 = 3.675.000 $ ** According to the calculations‚ Dover Rubber Company should reject the offer because the difference between two contribution
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I would like to be a Speech and Debate captain because I feel that I am committed to working‚ I yearn to teach‚ and I am capable of leading. In addition to the skills that I think I can offer‚ I also seek help benefit the team in more tangible fashions‚ such as through providing assistance to the new coach and giving afterschool practices more direction. Specifically‚ I think that as a captain I would be able to provide assistance to the new debate coach‚ Mike‚ through recruiting prospective students
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Problem-Solving Exercise 1 1. In your own words‚ explain what density altitude is and how it affects your airplane. Density altitude‚ or "Pressure Altitude"‚ is the density of air given as a height above Mean Sea Level (MSL). Density altitude affects the wings ability to create lift‚ the aircrafts propeller to create thrust and the power output of the engine. 2. In your own words‚ explain the theory of lift and what basic laws are involved. In my opinion lift can be explained by
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rendition of Moby Dick‚ a story originally written by Herman Melville‚ Captain Ahab becomes consumed by the idea of killing Moby Dick- the white whale that haunts his every move. Ahab put killing Moby Dick above all else‚ and even suggests that it is God’s will. He says‚ “And may God hunt us all if we do not hunt Moby Dick to death!” (Moby Dick). In our lives‚ we all have a “personal whale”‚ a mission that we would give our lives trying to accomplish. In my life‚ getting respectable grades is my personal
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Problem #1 A. How many newspapers should Sheen stock? Use the simulation in the spreadsheet “Hamptonshire Express: Problem #1” to identify the optimal stocking quantity. What is the profit at this stocking quantity? Optimal Stocking Quantity: 584 Expected profit at Optimal Stocking Quantity: $331.43 B. Verify that the value derived in part (a) is consistent with the optimal stocking quantity in the Newsvendor model = mean = 500 = Standard Deviation = 100 = Overage Cost = $0
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-Christina’s POV This was it. All I had to do was block this last kick and I would be team captain. I’ve been waiting since last year and I’m not planning on letting one kick knock me off of my chance to be captain. Taking in deep breaths of air I stood in the goal ready to pounce at any object trying to get in‚ looking straight I see the next kicker‚ Ayden. She’s one of our best players I’ll give her that‚ her foot work is great and her kicks‚ oh god her kicks are even better. I’ve never spoken
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straight-line over the five-year period and profits will be taxed at 25%. Assume all cash flows occur at the end of each year except where otherwise stated. What is the NPV of the project plant? 22. We can use the following spreadsheet to calculate a NPV of 6.352 billion RMB for the Ambassador China project. This calculation uses the following assumptions: 1. Calculations are done on a nominal basis‚ converting the salvage value estimate from a real to a nominal value (638 = 500(1.05)5) using the 5% inflation
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advantage. Thus‚ the analysis of literature and poem becomes more interesting and intriguing when we eventually learn more about its historical and cultural background. In this essay‚ I am going to look through several poems of Walt Whitman: “O Captain! My Captain” and “Drum Taps.” These two precisely represent the struggles of the greatest event – American Civil War‚ which marked a defining moment in the United States History.
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Applied Problem 3 - 1 Chapter 5: Applied Problem 1 Bridget has limited income and consumes only wine and cheese; her current consumption choice is four bottles of wine and 10 pounds of cheese. The price of wine is $10 per bottle‚ and the price of cheese is $4 per pound. The last bottle of wine added 50 units to Bridget’s utility‚ while the last pound added 40 units. a) Is Bridget making the utility-maximizing choice? Why or why not? In simplest terms wine is 50 units/$10 = 5 and cheese is 40
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