1. Fill in the table below. Assume TC stands for Total Cost‚ TFC as Total Fixed Cost‚ TVC as Total Variable Cost‚ ATC as Average Total Cost‚ AFC as Average Fixed Cost‚ AVC as Average Variable Cost‚ and MC as Marginal Cost. TC TFC TVC ATC AFC AVC MC Units of Output 0 -20 20 0 0 0 0 0 1 -21 20 1 21 20 1 1 2 -24 20 4 12 10 2 3 3 -32 20 12 10.67 6.67 4 8 4 -48 20 28 12 5 7 17 5 -75 20 55 15 4 11 27 6 -126 20 96 21 5 16 51 7 -168 20 148 24 2.86 21.14 42 8 -254 20
Premium Costs Marginal cost Variable cost
References: Grantham University (n.d.). Week 4 Lecture‚ Six Consumer Rights. Grantham University. Retrieved October 08‚ 2013
Free Consumer protection Consumer Law
This pack of ECO 561 Week 4 Discussion Question 4 comprises: Recessions seem to show up every so often and create economic hardship. One might think that macroeconomic policymakers could tame the business cycle and implement policies that would end recessions. Are recessions a necessary fact of macroeconomic life? If not‚ what would it take to eliminate them? If they are unavoidable‚ what types of business can benefit from them? How would a recession affect your firm? Economics - General
Free Unemployment Macroeconomics Business cycle
Global Service Department Business Opportunity Analysis CASE 3. Dogfight over Europe: Ryanair 1) Do you believe Ryanair’s entry into Dublin-London route was successful? Yes‚ Ryanair’s entry into Dublin-London route could be counted successful. Ryanair‚ which has been operated since 1985‚ is a small and rather domestic company compared to Aer Lingus and British Airways (BA). They will operate a turboprop that contains 44 seats‚ that takes 4 round trips per day. Unlike the two giants‚ Ryanair is not
Premium Aer Lingus Express mail Deutsche Post
well-crafted strategy is not merely temporary competitive success and profits in the short run‚ but rather the sort of lasting success that can support growth and secure the company’s future over the long term. (Thompson‚ Peteraf‚ Gamble & Strickland‚ 4) As a winning strategy‚ first of all‚ it should fit the company’s situation‚ to qualify as a winner‚ a strategy has to be well matched to industry and competitive conditions‚ a company’s best market opportunities‚ and other pertinent aspects of the business
Premium United States Overseas Chinese Chinese cuisine
Week Three Exercise Assignment 1. Specific identification method. Boston Galleries uses the specific identification method for inventory valuation. Inventory information for several oil paintings follows. Painting Cost 1/2 Beginning inventory Woods $21‚000 4/19 Purchase Sunset 21‚800 6/7 Purchase Earth 31‚200 12/16 Purchase Moon 4‚000 Woods and Moon were sold during the year for a total of $35‚000. Determine the
Premium Inventory Depreciation
Week 4 Knowledge Check Study Guide Concepts Mastery SOLVING PROBLEMS IN CRITICAL THINKING ALTERNATIVES 1 2 100% 4 5 100% 6 7 100% 10 CRITICAL THINKING SOLUTIONS EVALUATING CRITICAL THINKING SOLUTIONS Questions 100% CRITICAL THINKING Score: 10 / 10 3 8 9 Concept: SOLVING PROBLEMS IN CRITICAL THINKING Mastery 1. 100% Questions 1 2 3 A common pattern of irrational decision-making is: A. Deciding not to behave in ways that undermine our welfare. B. Deciding not to engage
Premium Critical thinking Thought Cognition
disorders of brain development. This disorder is characterized in varying degrees‚ by difficulties in social interaction‚ verbal and nonverbal communication and repetitive behaviors. The U.S. Centers for Disease Control and Prevention reports that 1 in 68 children are diagnosed as being on the spectrum‚ with boys being four to five times more likely to be diagnosed with autism than girls. As there is no cure for autism‚ research is on-going to help children and families to decrease the negative
Premium Statistics Psychology Attention-deficit hyperactivity disorder
Simmons August 21‚ 2014 IS3340 Egon Week 3 Lab 1. Enforce Password. This makes it so you cannot use the same password more than once or more than 10 times‚ etc. When you change your password‚ it cannot be the password you were just using. 2. No. This stores plaintext password. This can be a risk. It’s default “disabled”. 3. Store passwords using reversible encryption is required for certain remote access protocols. It is also required to VPN in most cases. 4. To be more secure‚ of course. 5.
Premium Microsoft Windows Windows 7 Windows Vista
Week Three Learning Team Reflection ECO/372 Week Three Learning Team Reflection Week three topics included the Multiplier Model‚ The Financial Sector and the Economy‚ and Monetary policy. Most of our team was comfortable with the financial sector and the economy‚ especially with understanding how the interest rates work. Learning how the Federal Reserve works and controls the money supply and interest rates in our economy was an interesting point for many of us as well. Appendix A. contributes
Free Monetary policy Federal Reserve System Inflation