Microeconomics Week 4 Homework Chapter 6: #4 An explicit cost is the monetary payment a firm must make to an outsider to obtain a resource. An implicit cost is the monetary income a firm sacrifices when it uses a resource it owns rather than supplying the resource in the market. Say you owned a deli shop. Examples of explicit costs would be the salaries of your employees‚ the cost of the building (electricity‚ plumbing‚ etc.) and all the different ingredients and foodstuffs you need to
Premium Costs Economics Cost
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
3. Given the following data: Job M1 M2 (processing times at machine 1 and 2) A 9 12 B 13 9 C 8 20 D 11 7 E 16 18 F 18 22 G 14 13 What is the minimum makespan? Answer: In order to find the minimum makespan for the two macines we can apply Johnson’sRule: Step 1: Look at the processing
Premium Manufacturing Mathematics Problem solving
DEVELOPMENTAL MILESTONES PHYSICAL EMOTIONAL/SOCIAL INTELLECTUAL/COGNITIVE INFANTS : (0-18 MONTHS) 0-3 Months Sucking‚ grasping reflexes Lifts head when held at shoulder Moves arms actively Able to follow objects and to focus Wants to have needs meet Develop a sense of security Smiles spontaneously and responsively Likes movement‚ to be held and rocked Laughs aloud Socialized with anyone‚ but knows mother‚ father or primary caregiver Responds to tickling Prefers primary caregiver May cry when
Premium Adult Puberty Thought
the group evaluate it that way. 2. The ________ stage in the group development process is complete when members begin to think of themselves as part of a group. • Forming 3. Conflicts can be resolved by withdrawing from them or suppressing them. This conflict-management technique is known as ________. • Avoiding 4. Which of the following will help in making communities of practice successful? • Having clear accountability and managerial oversight 5. Behavior patterns expected of someone
Premium Sociology Structure Management
NYC Teaching Fellows program”‚ she also states that she has since quit teaching and is working on a novel. Her first book of poems “Rising” won the 2007 Levis Poetry Prize. 3. I feel depression is the theme of this poem. She talks about things she has never done and will never do. She talks about being invisible and lost. 4. I feel she is depressed and perhaps contemplating suicide. She talks about things she will never accomplish. She starts to call for help‚ but changes her mind‚ when someone
Premium Rhyme Poetry
Week 4: Course Project Rough Draft – Sony Corporation Group E: Russell Stout Carl Smith Joshua Roberts Denise Estrada Ashel Chingaya Keller Graduate School of Management PROJ587 – Advanced Program Management Professor: Dr. Janet Durgin March 28‚ 2013 Table of Contents Week 4: Course Project Rough Draft – Sony Corporation Group E: 3 Portfolio Management Plan 3 Organization Strategic Plan 3 Sony Mission 3 Organization’s strategic capacity plan 4 Flow chart of Portfolio Process
Premium Project management Sony Computer Entertainment
Part 1 of 3 - 100.0/ 100.0 Points Question 1 of 16 10.0/ 10.0 Points Demand is price inelastic if: A.the price of the good responds slightly to a quantity change. B.the demand curve shifts very little when a demand shifter changes. Correct C.the percentage change in quantity demanded is relatively small in response to a relatively large percentage change in price. D.all of the above are true. Answer Key: C Question 2 of 16 10.0/ 10.0 Points If the absolute value of price elasticity
Premium Supply and demand Elasticity
References: The top 7 Social Media Marketing Trends. Forbes. (9/24/2013). Retrieved from www.forbes.com Online Social Networking Paper. UOP. (n.d.). Week 3. Retrieved from www.newclassroom3.phoenix.edu Sociology: A Brief Introduction. UOP. (2014). Week 3. Retrieved from www.newclassroom3.phoenix.edu
Free Social network service Sociology Social network aggregation
only two world wars had happened. Usually to learn about a certain event like World War Ⅱ‚ you would read a textbook or go online; however‚ you can read from a fictional novel. An example of a historical fiction is The Dressmaker’s War by Mary Chamberlain. To summarize‚ the novel begins in the spring of 1939 in London‚ Britain; and is about an 18-year old poor maiden named Ada Vaughan. Although Ada grew up in a poor family‚ she became an amazing and successful dressmaker. One day on her journey
Premium World War II Fiction World War I