national income. Determine the price elasticity and income elasticity of demand (8 points). From Lecture Module 3 Equation 4 we learned the alternative formulation of elasticity. Alternative formulation of elasticity EP = dQ/dP * P/Q = dlnQ/dlnP Natural log: ln‚ uses the base “e” How? ∂lnQ/∂lnP =(d lnQ/dQ) * (dQ/dP) * (dP/dlnP) [ Note: dY/dX = 1/(dX/dY) since‚ dlnX/dX = 1/X‚ dX/dlnX = X] Example: Q = AP-α A:Constant>0 lnQ=lnA + ln(P-α) =lnA – αlnP EP = dlnQ/dlnP
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The Book Details The book Conversion was written by Katherine Howe. I chose this book because I thought the illustration on the front of the book was interesting as well as the summary provided in the cover. I thought the storyline was interesting and I was intrigued on how the author would tie a little bit of history in with the modern times. The Setting The book is a mixture of two time periods and two places. One time period is set in Salem Village‚ Massachusetts from May 1706 to August 1706
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Modern electronic calculators contain a keyboard with buttons for digits and arithmetical operations. Some even contain 00 and 000 buttons to make large numbers easier to enter. Most basic calculators assign only one digit or operation on each button. However‚ in more specific calculators‚ a button can perform multi-function working with key combination or current reckoning mode. Calculators usually have liquid crystal displays as output in place of historical vacuum fluorescent displays. See
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Barilla –Supply Chain Inventory Management Barilla TABLE OF CONTENTS EXECUTIVE SUMMARY 3 ISSUES IDENTIFICATION 3 ENVIRONMENTAL AND ROOT CAUSE ANALYSIS 3 ALTERNATIVES AND/OR OPTIONS 3 RECOMMENDATION AND IMPLEMENTATION: 3-4 Executive Summary: In an attempt to control inventory swings‚ reduce costs‚ and improve sales we have introduced the JITD initiative. This initiative has been a failure
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JTextField itemName; JTextField itemPrice; JTextField itemDisc; JTextField salePrice; JButton calculate; JButton clear; public RetailCalculator() { //set object variables super("Retail Sales Calculator"); //window title setSize(250‚ 250); //set window size setDefaultCloseOperation(JFrame.EXIT_ON_CLOSE); //window close GridLayout grid = new GridLayout(7‚ 2); setLayout(grid); department = new
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a*b. Division The division (divide function) is used by clicking on the "/" button or using the keyboard "/" key. The function results in a/b. Sign The sign key (negative key) is used by clicking on the "(-)" button. The function results in -1*x. Square The square function is used by clicking on the "x^2" button or type "^2". The function results in x*x. Square Root The square root function is used by clicking on the "x" button or type "sqrt()". This function represents x^.5 where
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awt.GridBagConstraints; import java.awt.GridBagLayout; import java.awt.Label; import java.awt.TextField; import java.awt.event.ActionEvent; import java.awt.event.ActionListener; import java.text.NumberFormat; /* * <applet code="Loan calculator" width=280 height=200> </applet> */ public class LoanCalculator extends Applet implements ActionListener { TextField rateText‚ paymentText‚ periodText‚amountText‚ totalpaymentText ; Button doIt; double loanamount;
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Unit 30 - Visual Merchandising in Retail LO3 - Understand the psychology used in visual merchandising to influence customers to purchase goods ICT Dept Scenario Criteria Tasks 1 2 Assessment Assessment Scenario You have been chosen by a local business enterprise group to write a case study on three different businesses to demonstrate your understanding on the different techniques used by different retailers‚ to entice customers into retail outlets and then focus their minds on what is available
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1.. A company earned $3‚960 in net income for October. Its net sales for October were $22‚000. Its profit margin is: 1.8%. 18%. 180%. 556%. $18‚040 2. On June 30 of the current calendar year‚ Apricot Co. paid $8‚200 cash for management services to be performed over a two-year period. Apricot follows a policy of recording all prepaid expenses to asset accounts at the time of cash payment. The adjusting entry on December 31 for Apricot would include: A debit to an
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Inventory Control Automated Office System David Pierce Individual Project IS316 - Systems Analysis and Design Professor: Erlan Burk Park University Fall II 2010 Table of Contents System Description 2-3 Functional Description 4-5 Data Dictionary 6-8 Context Level Diagram and Child Diagram 9-12 System Input‚ Output Forms‚ and Interfaces 13-14 Testing‚ Maintenance and Auditing 15 System
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