09^4)) + (150000/(1.09^5)) = $583‚447.69 Thus‚ the maximum amount I would pay for an asset is $583‚447.69 Question 8) a) Accounting profit = (Total amount taken in from sales) – (Dollar cost of producing goods) = $200‚000 - $20‚000 = $180‚000 b) Economic profit = (Total revenue) – (Total opportunity cost) = $200‚000 - $20‚000 - $100‚000 = $80‚000 Question 21) a) The rivalry exists between the Southern Shrimp Alliance and Brazilian Producers along with five other countries. The rivalry
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The Economic Problems of the Welfare System Economics 405- Economic Problems and Issues Describe the selected economic problem. Welfare is a drain on the economic system in America. Developed in the 1930’s‚ welfare’s intended purpose was to help low income Americans get on their feet‚ but it turned out to be a slow sinking hole with little help of getting out. The majority of individuals that rely on the welfare system are young single mothers with little education
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UNIT 1 – FUNDAMENTAL PROBLEMS OF ECONOMIC SYSTEMS 1.1 INTRODUCTION In this unit you will get acquainted with the fundamental problems of the economy. The understanding of the concept will help you bring closer to the basic idea of the economy’s problems as well as remedies of such problems. In this unit you will get detailed description of what is an economic system‚ problems of economic system‚ factors of production‚ concept of production possibility curve‚ and the fundamental of allocation of resources
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Improving Outcomes in Sepsis Patients in the Emergency Department Sepsis is a left threatening illness that affects millions of people each year. The Center of Disease Control reports sepsis as the 10th leading cause of death in the United States (V). For adults age 65 and over hospital admission because of sepsis have increased 48%. The body’s immune system switches into “high gear” which overwhelms the body’s normal blood flow and oxygenation of tissues throughout the body. This process‚
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BAHRIA FOUNDATION HIGH SCHOOL SARGODHA Paper: Mathematics 2nd PHASE PAPER.201 Class: 10th Total Marks:15 Time Allowed: 2 :10 min NOTE: You have four choices for each objective type question as A‚ B‚ C and D. The choice which you think is correct; mark the correct options with tick. Cutting or overwriting or use of led pencil will in result in zero mark in that question. Q # 1: MULTIPLE CHOICE QUESTIONS 15 1) Two liner factors of x2-15x+56 are a) (x-7)(x-8) b) (x-7)(x+8) c) (x+7)(x+8)
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Economics for Managerial Decision Making: Market Structure Introduction As legend and reality have it‚ Steve Jobs and Steve Wozniak started Apple Computer in a garage in Cupertino‚ Calif.‚ in 1976. From those humble beginnings‚ and through extreme market swings‚ Apple Inc. has become the most valuable company in the world. “Given the company’s unbelievable innovation over the last few years‚ and the subsequent mountains of cash that it has earned as a result‚ the likely catalyst for the stock
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Introduction :-Auto Sector The Indian automobile industry produced a total 1.69 million vehicles including passenger vehicles‚ commercial vehicles‚ three wheelers and two wheelers in August 2013 as against 1.56 million in August 2012‚ registering a growth of 8.18 percent over the same month last year. The cumulative foreign direct investment (FDI) inflow into the Indian automobile industry during April 2000 to July 2013 was recorded at US$ 8‚932 million‚ amounting to 4.5 per cent of the total
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Chapter 1 1 Introduction Economics and managerial decision making 2 Economics: The study of the behavior of human beings in producing‚ distributing and consuming material goods and services in a world of scarce resources Management: The science of organizing and allocating a firm’s scarce resources to achieve its desired objectives Managerial economics: The use of economic analysis to make business decisions involving the best use (allocation) of an organization’s scarce
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season in mid-July.These views spoke reams to me. The finances of many-upper class- to middle class- were suffering amidst this “Great Recession” (aka “Great Depression”). The tax base and financial base were crumbling in synchrony with the financial problems experienced across the state of Massachusetts. Here‚ the casualties were the many hard working individuals and the related industries and businesses dependent on not merely the tourist vacation dollars‚ but the demand for local arts‚ seafood industries
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considered are: social demand approach; manpower requirement approach; and cost benefit analysis. This paper went further to make an assessment of the strengths and weaknesses of each approach. INTRODUCTION Educational planning is concerned with the problems of how to make the best use of limited resources allocated to education in view of the priorities given to different stages of education or different sector of education and the need of the economy. According to Adesina (1982)‚ there are three rival
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