1 . Revenue increases when A. producer surplus increases B. producer surplus decreases C. consumer surplus increases D. consumer surplus decreases Answer : A. producer surplus increases 2 . An increase in the price of an inelastic good A. decreases revenues B. decreases the percentage change in quantity less than the percentage change in price C. increases revenues D. increases the percentage change in quantity more than the percentage change in price Answer: C. increases revenues
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This file includes BUS 446 Week 4 Assignment Just-In-Time Deadline: ( )‚ Business - Management Assignment 1: Demand Estimation Due Week 3 and worth 200 points Imagine that you work for the maker of a leading brand of low-calorie‚ frozen microwavable food that estimates the following demand equation for its product using data from 26 supermarkets around the country for the month of April. For a refresher on independent and dependent variables‚ please go to Sophia’s Website and
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Franchetti‚ Facilitator Process Improvement Plan In week one of this class‚ I was tasked to design a flowchart for a process in my daily life that I can improve. I chose my morning routine before work. My goal is to get out of the house by 7:38am Monday-Friday in order to catch my bus for work at 7:41am. I have trouble keeping track of time‚ usually missing the bus about one time every two weeks. I have discovered through the flowchart in week one‚ that my entire process has serious flaws. All of
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Pictures has experienced losses of almost $1 billion. Sony admitted that 2.7 billion in goodwill assets were written down related to Sony Pictures acquisitions. Sony has shown low profit in Entertainment‚ as result of combined operation business between Sony Music and Sony Pictures. Thus‚ the financial statement consolidation did not disclose any losses from Sony Pictures. Issues: Considering the statement above‚ I would present the following issues: 1-Recently business acquisitions of Sony‚
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while introducing new types of risks to be managed. b. (1) Controls that determine whether a vendor number matches the pre-approved vendors in the vendor master file. c. (3) expand testing of automated application controls used to reduce control risk to cover greater portions of the fiscal year under audit. d. (3) The sales system automatically computes the total sale amount and posts the total to the sales journal master file. 12-18 a. (1) A system that performs relatively uncomplicated processes
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source that is convenient. For simplicity‚ assume that category 5‚ category 5e‚ category 6‚ and fiber-optic cable have a fixed cost per circuit to buy and install‚ regardless of distance‚ of $50‚ $60‚ $120‚ and $300‚ respectively. Device Description Price each QTY Total Cisco 887VA Integrated service router $ 474.99 1 $ 474.99 Cat 5e UTP to connect hubs to router $ 60.00 4 $ 240.00 RJ11 cable Connect 887VA to internet $ 2.99 1 $ 2.99 GRAND TOTAL OF PARTS $ 717.98 This backbone
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Week 5 Broadening Your Perspective 18-1 Martinez Company has decided to introduce a new product. The new product can be manufactured by either a capital-intensive method or a labor-intensive method. The manufacturing method will not affect the quality of the product. The estimated manufacturing costs by the two methods are as follows: Capital-Intensive Labor-Intensive Direct materials $5 per unit $5.50 per unit Direct labor $6 per unit
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Student Name Rolando Salas Date 8/10/14 SEC450 Database Traffic Load Lab Report NOTE: Use carriage returns and page breaks as needed to prevent table contents from extending across page boundaries. Task 1—Set up Database Traffic Flows For Socket information‚ the protocol will be TCP and the Source port will be set to sqlnet – Oracle. When you have completed the traffic configuration‚ capture the Traffic Generator window () as shown below and paste (V) it into the table cell provided
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Chapter 2 #1 (1/1) a What are the most prudent decisions she can make about her responsibilities to herself and others? The most prudent decision she can make about her responsibilities to herself and others would be to turn it in to the airline. Using information out of the proposal would result in her dismissal because she would be in violation of her firm’s Business Conduct Guidelines. b What are the implications of those decisions even if there is no violation of law or regulation? The implications
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Role of Business 1 The Role of Business and the Economy Jared J. Leda Professor Matthew Schigur BUS 100‚ Assignment #1‚ May 4th 2013 Role of Business The role of business in the economy is to ensure capital growth‚ provide employment‚ and to produce goods and services. Business is the economy. If there was no business there would be no need for a economy. Small and big business firms pay taxes needed to support governments‚ give jobs to citizens‚ and provide consumers the products
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