This assignment has a maximum total of 100 marks and is worth 10% of your total grade for this course. You should complete it after completing your course work for Units 6 through 10. Answer each question clearly and concisely. 1. Suppose that a firm has fixed costs of $25 per day for renting one machine and its variable costs are as shown in the table below. Labour Output VC TC AFC AVC ATC MC 0 0 $ 0 25 ---- ---- ---- ---- 1 4 25 50 6.25 6.25 12.50 25 2 10 50 75 2.50 5.00 7.50 25 3 13 75 100
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Barbados and its Economic Challenges Tourism emerged as the dominant industry in Barbados in the 1970’s‚ replacing the sugar industry as the main foreign exchange earner. It is estimated that tourism currently accounts for 54% of the country’s foreign exchange earnings and 14% of its Gross Domestic Product (GDP). Approximately‚ 10% of the labour force is employed in the industry. Barbados currently has the highest Human Development Index in the Caribbean region and its GDP per capita of US$16
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PROBLEM SET 1 Name: ______________________________________________ Problem Set 1 is to be completed by 11:59 p.m. (ET) on Monday of Module/Week 2. 1. Based on the information provided for the market for video games‚ answer the following questions. PRICE Q DEMANDED Q SUPPLIED $50 5 9 $45 7 7 $40 9 5 $35 11 3 $30 13 1 a.) Draw and properly label the demand and supply graphs (this means you must label the axes and any lines you include on the graph). b.) What is the equilibrium
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The Sicilian Mafia‚ or Cosa Nostra is a criminal syndicate that emerged in the mid-nineteenth century in Sicily‚ Italy. It is a loose association of criminal groups that share a common organizational structure and code of conduct. The origins lie in the upheaval of Sicily’s transition out of feudalism in 1812 and its later annexation by mainland Italy in 1860. Under feudalism‚ the nobility owned most of the land and enforced law and order through their private armies. After 1812‚ the feudal barons
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Profits Katherine Carpenter Liberty University Econ 213 Gwartney states that profits are; “An excess of sales revenue relative to the opportunity cost of production. The cost component includes the opportunity cost of all resources‚ including those owned by the firm. Therefore‚ profit accrues only when the value of the good produced is greater than the value of the resources used for its production.” An example of a profit would be bakery offers a cheesecake for $20 and the total cost to make
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Assigment 302 TASK B Bi: Design a template for a personal development plan (PDP) that you could use to improve your learning‚ development and professional practice. For each heading in the template‚ provide a brief summary describing what should be included. Development needs? How to address Development needs Date to achieve the goal Outcomes or evidence 1) To complete NVQ 3 Access Internet for information‚ also I would get the information I need from my Assessor‚ Manager and colleges‚
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Enc 1101 Why do women cheat? “FORTY PERCENT of women cheat” (Francis‚ 2007‚ P.58). That’s a very bold and general statement to be said about women. Cheating in today’s modern time as common as stealing. These days more and more women are found to be guilty of cheating. Infidelity in relationships is increasing day by day. Every day we read on newspapers about several crimes which have resulted from such relationships. With increasing live in relationships and extra
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Formula Sheet for the Corporate Finance Final Examination Paper 1. r = cost of capital t = year 2. Pure Play approach bL = bU[1 + (1 – T)(D/E)] bL = levered beta bU = unlevered beta T = tax rate D/E = debt to equity ratio 3. Firm value Rs = Cost of equity G = cash flow growth rate 4. rRF = the risk-free interest rate RPM = the expected market risk premium on an average stock = rM – rRF rM = the expected return on the market portfolio
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Example Company Balance Sheet December 31‚ 2011 ASSETS LIABILITIES Current Assets Current Liabilities Cash $ 2‚100 Notes Payable $ 5‚000 Petty Cash 100 Accounts Payable 35‚900 Temporary Investments 10‚000 Wages Payable 8‚500 Accounts Receivable - net 40‚500 Interest Payable 2‚900 Inventory 31‚000 Taxes Payable 6‚100 Supplies 3‚800 Warranty Liability 1‚100 Prepaid Insurance 1‚500 Unearned Revenues 1‚500 Total Current
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Students Cheat? Students cheat because it is easier for them to get things done. They feel do not have all the time in the world between class and work. Some student feel cheating can help them get passed something in that class. It may help them for that test or homework but‚ they do not learn by doing that. Many students are cheating because other people around them are doing it and getting away with it. Students may feel by doing that they can get an easy “A” in their class. If a person cheats they
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