COM 204 Final Exam Study Guide Spring 2012 *Everything on the final will come from this review sheet!* The exam comprises 50 multiple-choice questions. Exam percentage scores will be converted to our 5-point scale (5=95%‚ 4=85%‚ 3=75%‚ 2=65%‚ 1=55%). BONUS STUDY SESSION: Tuesday‚ May 1‚ 4:00-5:00‚ MTHW 210 Terms Critical/criticism – Pay careful attention to a text‚ can be either positive or negative‚ not taking things at face value‚ What is being assumed? What are the consequences
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PROJECT – 1 ECOFRIENDLY THEME PARK MYP UNIT QUESTIPN: HOW CAN ECO FRIENDLY PARKS HELP OUR PLANET? GLOBAL CONTEXT: GLOBALIZATION & SUSTAINABILITY Approaches to Learning: Organization- Information Literacy- Thinking Inquiring and analyzing Theme parks contribute to a number of environmental problems‚ one being air pollution. Theme parks require large amounts of energy; they need energy to power the rides‚ to keep the ac running‚ to light the park etc. Providing all this energy contributes to
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This pack of ECO 212 Final Exam consists of: ECO 212 ECO212 Final Exam A 1)Economics does not study correct or incorrect behaviors‚ but rather it assumes that economic agents make the best decisions given their knowledge of the costs and benefits. What term best describes this behavior? 2) By definition‚ what is economics the study of? 3) What is the term in economics by which a group of buyers and sellers of a product come together to trade? 4) Which of the following statements
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opportunity to shape the market but also to position Eco Preferred as a premium Product. The value of Eco Preferred comes from the fact that it is going to be a differentiating tool for companies purchasing it. Companies are used to purchasing electricity as a commodity & focusing only on price. Brand could help address this problem by giving a name and an identity to their clean power production assets. Question 2: How should Exelon implement its Eco-Preferred Power offering? Answer: Regarding
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CLCIK TO DOWNLOAD ECO 550 Midterm Exam 1. Income tax payments are an example of ____. 2. The moral hazard in team production arises from 3. Which of the following will increase (V0)‚ the shareholder wealth maximization model of the firm: V0∙(shares outstanding) = Σ∞t=1 (π t ) / (1+ke)t + Real Option Value. 4. In the shareholder wealth maximization model‚ the value of a firm’s stock is equal to the present value of all expected future ____ discounted at the stockholders’ required rate
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Section – I 1 Citrus Speculation and Forecasting‚ Inc‚ has been hired by a private consortium of orange growers to predict what will happen to the price and output of oranges under the conditions below. What are your predictions? For each part‚ sketch a graph showing the appropriate demand and supply analysis. a) A major freeze destroys a large number of the orange trees in Florida. b) The American Medical Association announces that drinking orange juice can reduce the risk
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Part 2. Total 50 marks ( 10 marks each). 1. Explain why you would be more or less willing to buy gold under the following circumstances: a. Gold again becomes acceptable as a medium of exchange. (2 marks) b. Prices in the gold market become more volatile. (2 marks) c. You expect inflation to rise‚ and gold prices tend to move with the aggregate price level. (3 marks) d. You expect interest rates to rise. (3 marks) Outline of solutions: (a) More‚ because it has become more liquid;
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Here are my musings for chapter 3.This chapter consists of applications – some of which are complex – of the labour supply model to social insurance programs. The central theme of this chapter is the central trade-off that any social insurance program faces between the goal of alleviating economic hardship for those who suffer income losses on one hand and the goal of maintaining reasonably strong incentives to work. In a nutshell‚ these very important programs – which are considered to
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1. An article in Marketing News argued that the level of significance used when comparing two products is often too low – that is‚ sometimes you should be using an α value greater than 0.05. Specifically‚ the article recounted testing the proportion of potential customers with a preference for product 1 over product 2. The null hypothesis was that the population proportion of potential customers preferring product 1 was 0.50 and the alternative hypothesis was that it was not equal to 0.50. the p-value
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Long-Term Investment Decisions EC0-550 June 20‚ 2014 Royersford Knitting Mills‚ Ltd.‚ sells a line of women’s knit underwear. The firm now sells about 20‚000 pairs a year at a average price of $10 each. Fixed cost amount to $60‚000‚ and total variable cost equal $120‚000. The production department has estimated that a 10 percent increase in output would not affect fixed cost but would reduce average variable cost by 40 cents. The marketing department advocates a price reduction of 5 percent
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