for two days and Activity F by a day. Now proceeding from here: Activity ID Predecessor Normal Time (Days) Crash Time (Days) Normal Cost Crash Cost ($’000) ($’000) A - 5 2 $100 $205 B - 6 3 $140 $205 C - 7 5 $140 $200 D A‚ B 6 2 $100 $340 E C 3 1 $120 $200 F C 8 5 $580 $700 G D‚ E‚ F 5 3 $400 $660 Note: A "fully crashed schedule" means a project that has been crashed until the cost of crashing exceeds the marginal gain associated with eliminating overhead cost (which is $100‚000 per
Premium Critical path method Project management Microsoft Office
will reduce the value of fisheries. E) all of the above Answer: I-3 3) In a perfectly competitive market: A) there are a few buyers. B) there is a single seller. C) there is a cartel. D) no single buyer or seller can significantly affect the market price. Answer: I-4 4) Suppose you are in charge of product pricing and marketing strategy for a pharmaceutical company. You will have greater ability to independently set prices for your product if: A) there are no close substitutes for your
Premium Consumer theory Supply and demand
Concordia University Department of Economics ECON 303/2BB: Intermediate Macroeconomic Theory I Fall 2013 Midterm exam #1‚ October 15‚ 2013 Instructor: Yves Tehou STUDENT NAME___________________________________________________ STUDENT ID ____________________________ Instructions: There are a total of 25 points. The exam has two sections: multiple-choices and short problems. The multiple-choice section is worth 15 points‚ and the short problems section is worth 10 points. For the multiple-choice
Free Economics Unemployment Macroeconomics
Economics 515 AU12 Midterm 3 Review The exam will have 10‚ 10-point questions on it from the questions below. 1. Explain briefly how guns and steel aided in Europeans’ attempts to conquer the native population of Africa and the Americas. How did germs work in favor of European conquest against the Incas? How did germs work against the Europeans in their imperialist efforts in Africa? 2. Describe the attempt of Europeans to colonize Africa depicted in Guns‚ Germs‚ and Steel
Premium Industrial Revolution Economics International trade
assets. Thus‚ the borrowing firms’ net worth in real terms declines. When this happens there will be a sharp drop in the price level‚ increasing moral hazard and adverse selection‚ which will make a firms economic activity‚ (lending) decline. Also step 3 of 3 in the U.S. financial crisis. How does deterioration in the balance sheets of financial institutions and the simultaneous failures of these institutions cause a decline in economic activity? * With the deterioration of the balance sheets
Premium Economics Debt Balance sheet
the birth date . and allow them to choose which ad or commercial they thought was the best. By adding a function for birthday information I can measure the age range of those whom complete the poll. • What special problem do open-ended questions have? How can these be minimized? In what situations are open-ended questions most useful? Open-ended question leave the possibility for more question to be asked . If ther e is no end to the question of if
Premium Super Bowl American football Question
This paperwork ACC 455 Week 2 Individual Assignment Problem Set includes solution of these exercises: C: 2-6 C: 2-40 C: 2-45 Business - Accounting Complete the problems found in Ch. 2 of Prentice Hall’s Federal Taxation 2010: Corporations . C:2-3 Black LLC C:2-54 Bear Corporation C:2-55 Wildcat Corporation C:2-56 Tax Strategy for Wildcat Corporation Read the scenario and respond to the questions. Support your answers with calculations‚ as needed
Premium Business Limited liability company Corporation
merely at the immediate but at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups. c. From each according to his ability‚ to each according to his needs. 3. (10 points) In Henry Hazlitt’s “Broken Window” story the glazier gained $250 in business because the hoodlum broke the window of the baker. Some witnesses argue that the glazier will now have $250 more to spend with other merchants and that the smashed
Free Federal Reserve System Monetary policy Currency
scarce resources. Question 2 1. Which of the following statements best illustrates the use of the market process in determining the allocation of scarce resources? A. "We should consider shifting to products where we can earn more money." Question 3 1. One key question from the "One lession of business" might be A. should the firm be in the business in which it is operating. Question 4 1. Opportunity cost is best defined as D. the amount given up when choosing one activity over the
Premium Costs Cost Economics
Workshop 1 – Chapters 1-3 Exercise 2-2 (15 minutes) | | Product Cost | Period Cost | 1. | The cost of the memory chips used in a radar set | X | | 2. | Factory heating costs | X | | 3. | Factory equipment maintenance costs | X | | 4. | Training costs for new administrative employees | | X | 5. | The cost of the solder that is used in assembling the radar sets | X | | 6. | The travel costs of the company’s salespersons | | X | 7. | Wages and salaries
Premium Variable cost Costs