1.5. Demonstrate financial planning for own home based service. Maximum number of children (excluding my own) at any one time 3 Hourly rate £5 Maximum hours per week 40 Maximum weekly income £576.92 - £27692 pa Expenses averaged as per the HMRC guide for tax for childminders 66% due to running costs – Electricity £1680 pa Water rates £792 pa Council tax £1920 pa Day to day expenses Food £2000 pa Petrol £2080 pa Housekeeping £960 Upkeep of equipment £960 Outings £1440 Overall maximum gross
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Wireless Network Proposal 1 Wireless Network Proposal: The Implementation Plan Wireless Network Proposal 2 Abstract The following paper represents my proposal to how the wireless network should be setup in the CIP room at the New Jersey Institute of Technology. Wireless network is a wonderful piece of technology that has allowed us to freely move around places without the need of being stuck in a particular area in order to use the internet. Everyday more and more consumers
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Problem Set 3 Macroeconomics‚ ECON 2123 Sections L3 and L4 P. Sen Posted 9.11.14. Due 5 PM 17.11.14. ----------------------------------------------------------------------------------------------------------------------------------- 100 marks total Part I: True/False/Uncertain Please justify your answer with a short argument for each question and draw a diagram if necessary. (25 marks‚ 5 marks each: 2 marks for correct judgment and 3 marks for correct argument) 1. Suppose that workers in the Republic
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PROBLEM SET 3 Name: ________________________________________ Problem Set 3 is to be completed by 11:59 p.m. (ET) on Monday of Module/Week 6. 1. Data for the market for graham crackers is shown below. Calculate the elasticity of demand between the following prices. Price of crackers Quantity Demanded (per month) $3 80 $2.5 120 $2 160 $1.5 200 $1 240 $1.00 - $1.50: ___________________________________ $1.50 - $2.00: ___________________________________ $2.00 - $2.50: ___________________________________
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Problem Set 2 Name: __________________________________________ Problem Set 2 is to be completed by 11:59 p.m. (ET) on Monday of Module/Week 4. 1. The following table presents data for wages in the market for internet security professionals. (HINT: in the labor market the roles are reversed. Those who want to hire labor are the demanders. The workers enter the work force providing labor to the market place so they are the suppliers.) Wage Quantity Demanded Quantity Supplied $50‚000
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Travis Kellenberger AGEC 700 Problem Set #3 2) The demand curve for a product is given by Qdx = 1‚200-3Px- .01Pz‚ where Pz = $300. a) What is the own price elasticity of demand when Px = $140? Is demand elastic or inelastic at this price? What would happen to the firm’s revenue if it decided to charge a price below $140? At the given prices‚ quantity demanded is 750 units: Qdx = 1‚200- (3 *140) -.1 (300) = 750. -140/750=-.56; demand is inelastic at this price point and you would be decreasing
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Problem set 3 (Answer) 7.6. A farmer uses three inputs to produce vegetables: land‚ capital‚ and labor. The production function for the farm exhibits diminishing marginal rate of technical substitution. a) In the short run the amount of land is fixed. Suppose the prices of capital and labor both increase by 5 percent. What happens to the cost-minimizing quantities of labor and capital for a given output level? Remember that there are three inputs‚ one of which is fixed. b) Suppose only the cost
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parental patnership. in your booklet list the values of parental partnership in their child’s early learning. explain why it is so important both in the setting and also to promote home learning and also explain why it is important for settings to have clear policies on how this should be done. One of the most important partnerships that you will make will be with parents. it is essential that we developstrong partnerships with parents because they know their children well and by sharing information
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Problem Set 3 Problem Set 3 is to be completed by 11:59 p.m. (ET) on Monday of Module/Week 6. 1. Data for the market for graham crackers is shown below. Calculate the elasticity of demand between the following prices. Price of crackers Quantity Demanded (per month) $3 80 $2.5 120 $2 160 $1.5 200 $1 240 $1.00 - $1.50: Elasticity of demand equals .45; favoring inelasticity $1.50 - $2.00: Elasticity of demand equals .78; favoring inelasticity $2.00 - $2.50: Elasticity of demand equals 1.29; favoring
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Setting up a new Business Ownership The type of ownership for the business will be a partnership. This is the most obvious choice as there are two people involved‚ my business partner and me. A partnership can involve between two and twenty partners allowing for further expansion and more financial backing if needed. The partnership would be owned in a ratio of 60:40‚ me owning 60%. This means we would share the cash input and profits and losses in this ratio‚ which is bad in the short-term for
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