Review Exercise 1. Home has 1200 units of labor available. It can produce two goods‚ apples and bananas. The unit labor requirement in apple production is 3‚ while in banana production it is 2. A) Graph home’s production possibility frontier. B) What is the opportunity cost of apples in terms of bananas? C) In the absence of trade‚ what would be the price of apples in terms of bananas? Why? There is now another country‚ Foreign‚ with a labor force of 800. Foreign’s unit labor requirement in apple
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CHAPTER 6: EFFICIENT DIVERSIFICATION 1.E(rP) = (0.5 16%) + (0.4 10%) + (0.10 6%) = 12.6% 2.a.The mean return should be less than the value computed in the spreadsheet. The fund’s return is 5% lower in a recession‚ but only 3% higher in a boom. The variance of returns should be greater than the value in the spreadsheet‚ reflecting the greater dispersion of outcomes in the three scenarios. b.Calculation of mean return and variance for the stock fund: (A) (B) (C) (D) (E) (F) (G) Scenario Probability
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16. Since we have the profits from all three scenarios we just to compare the present values of each scenario. We do not need to subtract anything from the present value since the costs have already been subtracted from profits. We can see that we have the highest present value of $290.87 when we use high advertising intensity. Therefore this is the recommended scenario. Q2. This question deals with margin analysis‚ we will look at incremental revenues and costs and see whether they are worth
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CHAPTER 1 INTRODUCTION TO COST ACCOUNTING QUESTIONS 1. Management accounting stresses the informational needs of internal users over those of external users (the focus of financial accounting). Because of this perspective‚ management accounting provides information in a format that is flexible and relevant to a particular manager‟s usage. Financial accounting‚ on the other hand‚ must provide some uniformity in the manner in which information is presented for it to be comparable among companies and
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SOCL 151 PRINCIPLES OF SOCIOLOGY CHAPTER ONE – THE SOCIOLOGICAL PERSPECTIVE LEARNING OBJECTIVES 1. Define the following: sociology‚ types of functions: manifest‚ latent and dysfunction‚ positivism‚ science‚ hypothesis‚ reliability‚ variable‚ independent variable‚ dependent variable‚ theory‚ random sample‚ validity‚ and replication. 2. Discuss what the concept “sociological perspective” means to sociology. 3. Distinguish between micro-sociology and macro-sociology. 4. Explain how the
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Question 1 0 out of 1 points All of the following statements are true regarding the role of IT in empowering employees‚ EXCEPT: Selected Answer: it expands employees’ job knowledge. Correct Answer: it reduces the scope of employees’ job responsibilities. Feedback: Information technology is being increasingly used to empower employees because it expands employees’ job knowledge and increases the scope of their job responsibilities. AACSB: Analytic Blooms
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II. BENEFITS OF EXERCISE About 100 B.C.‚ Cicero observed that “exercise and temperance can preserve something of our strength in old age.” Aristotle stressed the need for exercise to maintain “a healthy mind in a healthy body.” In the Misneh Torah‚ the twelfth century Jewish scholar and physician‚ Rabbi Moses Maimonides‚ strongly recommended daily exercise and warned that “anyone who sits around idle and takes no exercise will be subject to physical discomforts and failing strength.” Early in
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Download Ebook Pt1420 Lab 6.3 Answers PDF at Online Ebook Library PT1420 LAB 6.3 ANSWERS PDF Download: PT1420 LAB 6.3 ANSWERS PDF Pt1420 Lab 6.3 Answers‚ is a technical communication document intended to give assistance to people using a particular system. Pt1420 Lab 6.3 Answers is usually written by a technical writer‚ although user manual are written by programmers‚ product or project managers‚ or other technical staff‚ particularly in smaller companies. Pt1420 Lab 6.3 Answers contain both a written
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Chapter 1 Managerial Accounting and Cost Concepts Solutions to Questions 1-1 The three major elements of product costs in a manufacturing company are direct materials‚ direct labor‚ and manufacturing overhead. 1-2 a. Direct materials are an integral part of a finished product and their costs can be conveniently traced to it. b. Indirect materials are generally small items of material such as glue and nails. They may be an integral part of a finished product but their costs can be
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Cardio Pulmonary Practical The main aim of the practical was to assess‚ what affects did light exercise have on the systolic and diastolic blood pressure‚ heart and respiration rate‚ tidal volume‚ minute volume and percentage of gas. The readings were taken before exercise‚ during exercise and after exercise. Blood pressure is defined as the amount of pressure exerted on the vessels walls‚ during blood flow. Blood pressure can be measured using a sphygmomanometer. The upper value indicates the
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