IE401-Econ401 MidTerm Managerial Economics NAME: Each of the 20 multiple choice questions is worth 3 points. Mark your answers on the ANSWER KEY on page 5. Also provide BRIEF answers to each of the 4 “essay type/logical” questions. Multiple-Choice Questions 1. A manufacturer produces 1‚000 basketballs each day‚ which it sells to customers for $30 each. All costs associated with production and sales total $10‚000; however‚ if the manufacturer were to produce one
Premium Economics Macroeconomics Supply and demand
Blood Disorders and Blood Safety Objective “Prevent illness and disability related to blood disorders and the use of blood products” (HealthyPeople.gov‚ 2014). Provide an understanding of: 1. Relates to everyday life 2. How to enhance health 3. Health disparities 4. Community resources 5. Health related organization Blood Disorders and Blood Safety The writers of this group chose this topic to not only better educate themselves on the different blood disorders but the audience as well
Premium Health care Blood Medicine
An Analysis of the Correlation Between Food Marketing and Childhood Obesity Karima Kaddouri Spring 2012 Research Paper # 2 Overweight children are an increasingly serious problem from the public health perspective‚ as they are at risk for a large number of diseases and medical issues like diabetes‚ cancer‚ and hypertension. The rate of teen obesity increased to 15.5 percent and the rate of childhood obesity rose to 15.3 percent since the eighties (Linn & Novosat 2008). More recently
Premium Nutrition Marketing Obesity
Tammy Wang‚ a new customer‚ to fulfill a large one-time-only special order for a product similar to one offered to regular customers. The following per unit data apply for sales to regular customers: Direct materials $455 Direct labor 300 Variable manufacturing support 45 Fixed manufacturing support 100 Total manufacturing costs 900 Markup (60%) 540 Targeted selling price $1440 Grant’s Kitchens has excess capacity. Ms. Wang wants the cabinets in cherry rather than oak‚ so direct
Premium Variable cost Costs Cost
Obesity is becoming an impending epidemic in our society (Hill‚ Wyatt‚ Reed‚ & Peters‚ 2003; Kottke‚ Wu‚ & Hoffman‚ 2003). Prevalence of obesity is on the rise and deaths attributable to it are higher than ever. It is estimated by the NIDDK (2003) that 30.5% of adults in the United States are obese and if the rate of increase remains constant‚ 39% of adults will be obese by the year 2008 (Hill‚ et al. 2003). In a study conducted by Thorpe‚ et al. (2004) out of 2681 New York elementary school students
Premium Obesity Nutrition Overweight
THE THIRD-VARIABLE PROBLEM Correlational data are frequently misinterpreted‚ especially when presented by newspaper reporters‚ talk-show hosts‚ or television newscasters. The Most common problem in interpreting correlations is Third-Variable Problem. A correlation simply indicates that there is a weak‚ moderate‚ or strong relationship (either positive or negative)‚ or no relationship‚ between two variables. When interpreting a correlation‚ it is also important to remember that although the correlation
Premium Correlation does not imply causation Higher education Causality
the other person. This has a huge mental impact on the abused. The target will be antisocial and try to impress (in some cases their spouse or interest) the abuser in some last ditch effort to be accepted. Physical abuse is a violent interaction between two or more people. Unlike all the other types of abuse
Premium Abuse Child abuse Domestic violence
for (a*X^2) + (b*x) + c: >> syms a b c x % define symbolic math variables >> f = sym(’a*x^2 + b*x + c’); From now on we can use the f symbol to represent the given function. Evaluation of Symbolic Expressions The keyfunction subs (which stands for substitute) is used to replace symbolic variables with either new symbolic variables or with acutal values.
Premium Mathematics Derivative Calculus
Plant No. 2 1. Using budget data‚ how many Apple iPhone 4’s would have to have been completed for Danshui Plant No. 2 to break even? 2. Using budget data‚ what was the total expected cost per unit if all manufacturing and shipping overhead (both variable and fixed) were allocated to planned production? What was the actual cost per unit of production and shipping. 3. Prepare a flexible budget for 180‚000 iPhone 4’s and calculate flexible budget variances using actual costs for August. 4. Estimate
Premium Variable cost Costs Fixed cost
Why it is difficult for researchers to isolate specific causes of child behaviour - using two of your own examples. How is the term “correlation” a solution to this problem? It is difficult for researchers to isolate specific causes of child behaviour because each child’s environmental settings and values are different from one to another. Most scientists agree that genes have some influence over general intelligence and special aptitudes in such activities as athletics‚ mathematics‚
Premium Nature versus nurture Human nature