Theory of International Trade Problem Set 1 Due time: 5pm September 26‚ 2014 (Friday) Answer all of the following questions. While I encourage you to discuss with your classmates‚ you have to write up your own script. Please hand it in to your TA (Miss Jiuqi Zhao) by the due time via her pageon box on the 9th ‡oor of K.K. Leung Building. 1. Suppose that Home and Foreign have the marginal product of labor shown below. Home Foreign Baseball bats 1/6 1 tennis rackets 1/2 1/4 (a) What is the opportunity
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Chapter I THE PROBLEM AND ITS BACKGROUND Introduction Computer programming is the process of designing‚ writing‚ testing‚ debugging‚ and maintaining the source code of computer programs. This source code is written in one or more programming languages. The purpose of programming is to create a set of instructions that computers use to perform specific operations or to exhibit desired behaviors. The process of writing source code often requires expertise in many different subjects‚ including knowledge
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Mathematical Programming: An Overview 1 Management science is characterized by a scientific approach to managerial decision making. It attempts to apply mathematical methods and the capabilities of modern computers to the difficult and unstructured problems confronting modern managers. It is a young and novel discipline. Although its roots can be traced back to problems posed by early civilizations‚ it was not until World War II that it became identified as a respectable and well defined body of
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Problem Statement: The perimeter‚ approximate surface area‚ and the approximate volume of an in ground pool is given by the following formula: Perimeter = 2 ( length+width ) Volume = length * width * average depth Underground surface area = 2 ( length + width ) average depth + length * width Using these formula as basis‚ write a program that accepts the length‚ width and average depth measurements‚ and then calculates the perimeter‚ volume and underground surface area of the pool. In writing
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Problem Set 1 Complete all questions listed below. Clearly label your answers. 1. The receipts and year of release of the five movies with the largest nominal box office revenues‚ along with the CPI data of each year are presented below. Assuming that the receipts for each of the movies were derived during their year of release‚ convert the receipts for each to real dollars for the year 2010 (2010 CPI 230.1). Put the movies in order from largest to smallest real box office receipts and show
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Company of Atlanta sells fans and heaters to retail outlets throughout the Southeast. Joe Fancy‚ the president of the company‚ is thinking about changing the firm’s credit policy to attract customers away from competitors. The present policy calls for 1/10‚ net 30 cash discount. The new policy would call for a 5/10‚ net 45 cash discount. Currently‚ 35 percent of Fancy customers are taking the discount‚ and it is anticipated that this number would go up to 65 percent with the new discount policy. It
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Shari Smith Marie Baker Matthew Reece Unit 1 Research Assignment 1: Exploring Programming Languages Computers don’t do anything without someone telling them what to do‚ much like the average teenager. To make the computer do something useful‚ you must give it instructions in either of the following two ways: Write a program that tells a computer what to do‚ step by step‚ much as you write out a recipe. Buy a program that someone else has already written that tells the computer what to do.
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Linear Programming History of linear programming goes back as far as 1940s. Main motivation for the need of linear programming goes back to the war time when they needed ways to solve many complex planning problems. The simplex method which is used to solve linear programming was developed by George B. Dantzig‚ in 1947. Dantzig‚ was one in who did a lot of work on linear programming‚ he was reconzied by several honours. Dantzig’s discovery was through his personal contribution‚ during WWII when Dantzig
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US-CAEF. Let me tell you a little bit about my family. My family consist of three people‚ they are: my lovely mother‚ little sister and me. Ainura is my mother‚ she works in “M’vector” consulting company. Because my parents had divorced‚ when I was 2 years old‚ only my mother provides for me and my sister. There is no support from my father. My mother works very hard to provide us with everything‚ which a self-sufficient family needs. I am very thankful to her. Regarding my sister‚ she is a first-grader
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