12.1 Suppose your elasticity of demand for your parking lot spaces is -2‚ and price is $8 per day. If your MC is zero‚ and your capacity is 80% full at 9 A.M. over the last month‚ are you optimizing? We are clearly not optimizing because we are only optimized when marginal revenue equals marginal cost. Because our costs are sunk we should lower our prices so that we can fill to capacity. 14.4 A manufacturer of microwaves has discovered that male shoppers have little value for microwaves and
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While auditing my client‚ I found that the price the company has been paying for their widgets doubled in a year’s time. In addition‚ they are now being purchased entirely from a new vendor. After I check the fair market price for these widgets‚ however‚ it appears that they are only worth half of what the company is paying. This is one of the red flags for fraud. As an auditor it is my job to ensure to the best of my ability that the financial statements are not materially misstated due to fraud
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Residential Roof Extension: Flat or Pitched Roof? When many homeowners are faced with an expanding family‚ their first thought it that they must sell their current home and look to move into a larger house. However‚ most roofers will tell you that one of the easiest and most cost-effective ways of accommodating a larger family is to simply expand the size of your current home. While this project is fairly labor intensive‚ it allows your family to remain in the same property and prevents your children
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when pleasant music playing than unpleasant or no music. Cultural differences: doesn’t take into account collectivist cultures focused on others needs Hays: we find satisfaction giving as well as receiving Lacks ecological validity Maintenance EQUITY People strive for (perceived) fairness in relationships If inequality perceived: Change amount of effort put in Change perception of fairness Partner convinces your perception is wrong Compare withother relationships INVESTMENT Likely
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I’m a hopeless romantic‚ if I have to say the least about me. Robert M. Pirsig‚ in his Zen and the Art of Motorcycle Maintenance‚ classifies people into two types: romantics and classics. I’m the romantic. In the bluntest of terms‚ romantics are creative thinkers and classics are logical thinkers. Of course both types would have interchangeable qualities‚ but on a macro level‚ romantics dream up while classics drill down. Now that I’ve established a basic‚ arguable nonetheless‚ definition of the
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The Price of a Teenage Life Daysha Jones Eng Comp II Dr. Cobb November 23‚ 2009 The Price of a Teenage Life Prostitution is known for being a legal act done by women late at night‚ or sometimes during the board daylight. It’s known for being an international issue of young girls getting sold to the highest bidder‚ but it’s flooding the streets of America. As stated by Fang that‚ “trafficking in children for sex was once thought to be a problem beyond America ’s borders. But the FBI and
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MANAGEMENT INFORMATION SYSTEM CASE STUDY: WHITMANN PRICE CONSULTANT SUBMITTED BY: SUBMITTED TO: Manish Dhungel Sandip Timsina MBAe Spring 2013 Lecturer Sec: ‘A’ MIS 1. What different types of needs can MISs and DSSs fulfill in Whitmann
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similar to a bicycle but usually larger and heavier‚ chiefly for one rider but some times having two saddles or an attached side car for passenger. Also a motorcycle is fun and very useful but also dangerous. Motorcycles have many advantages and disadvantages. First‚ one of the advantages of this kind of vehicle is the gas miles per gallon. Motorcycles have smaller engines so they consume less gas. Therefore‚ a regular motorcycle usually expends fifty-five miles per gallon. For example; if you ride
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One disadvantage is the concept of this low cost lightweight laptop has a lack of awareness of how the laptop would educate children and market problem. OLPC’s mission is to help children for learning and developing knowledge throughout the low cost laptop and it calls an education project (LOPC mission). The point is that OLPC needs to educate foreign countries and their governments of education about the feature of this laptop works‚ and most importantly‚ what are the key essential techniques of
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Brink of eternity Eternity has three aspects. It has the fear of the unknown when people feel they are not prepared to enter the next world. It has the hope of the unknown if people cannot bear the tribulations of life anymore. Lastly‚ it has the release of the unknown when people are well prepared to meet their physical death and go to the next world. Eternity is just a prayer away. In desperate hope the narrator went and searched for the spiritual door of eternity in all the corners of his room
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