firm’s Total Cost equation is TC = 200 + 3Q + 7Q2: a. What is the equation for the firm’s marginal cost? b. What is the firm’s marginal cost when Q =1? Q= 5? 3) At the Peoria Company‚ the relationship between profit and output is as follows: ( = -40 + 20Q – 2Q2 a. What value of Q maximizes profit? b. How can you be certain that this quantity maximizes (as opposed to minimizes) profit? Demonstrate this. 4) A firm produces
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Understanding the Principles and Practices of Assessment Q1 - Explain the Function of assessment in learning and development The assessment cycle continues until all aspects of the qualification have been achieved by the learner:- Initial assessment – Prior knowledge of the subject to determine teaching style. Assessment planning – agree what types and methods of assessments are to take place Assessment Activity – what methods‚ e.g. observational/ assignments/ questioning Assessment decisions
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The Accounting Cycle Five Cycles of Accounting The accounting cycle consists of five components: revenue‚ expenditures‚ financing‚ conversion‚ and fixed assets (Bagranoff‚ Simkin‚ & Strand‚ 2008). There are many business activities within a company that will take place in each of these cycles. The revenue cycle incorporates sales and cash receipts. Expenditures are the decrease in cash assets to acquire goods or services necessary to operate. The conversion cycle is a continual process that
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Q1. How might revenue management be applied to a professional services firm (e.g. consulting)‚ a restaurant‚ and a golf course? What rate fences would you use and why? Revenue Management for a professional consulting firm:- Revenue management for a professional services firm can be applied by defining different packages for major clients‚ minor clients & new clients. Model can be adjusted as fixed price model as well as fixed plus variable cost model. This can be further differentiated with proficiency
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29‚ 2012 Martha Nussbaum: “Not for Profit: Why Democracy Needs the Humanities” Martha C. Nussbaum is the author of the book‚ “Not For Profit: Why Democracy Needs the Humanities.” The book begins by drawing the reader’s attention by explaining the “Silent Crisis.” She describes education in the eyes of the government‚ and in the eyes of the people. There is a connection made between education and the liberal arts. The title of the book‚ “Not For Profit‚” are three simple words that when put
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Explain what “proctoring” means and why the UoPeople requires proctored exams. Proctoring is when a third party supervises an exam for a student. University of the People requires them because degrees and diplomas cannot be issued‚ and graduation cannot commence without proctored exams. What criteria are necessary for an appropriate proctor? The necessary criteria for an appropriate proctor are the following: They must be at least 21 years old; they must be adults with a responsibility‚ i. E
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switching costs are low between different brands of Airline‚ consumers are more likely to select well-known names of Airline companies because worth-of-month is importantly affecting Airline companies and safety is the first thing customers will consider. Since the ticket of Airline are usually expensive‚ customers would not give their money to the firms they do not trust. Secondly‚ this industry needs planes and experience of flying which also lowers the threat of new entrants. If a new firm plan to
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3 Cost-Volume-Profit Analysis Learning Objectives 1. Explain the features of cost-volumeprofit (CVP) analysis 2. Determine the breakeven point and output level needed to achieve a target operating income 3. Understand how income taxes affect CVP analysis 4. Explain how managers use CVP analysis in decision making 5. Explain how sensitivity analysis helps managers cope with uncertainty 6. Use CVP analysis to plan variable and fixed costs 7. Apply CVP analysis to a company producing multiple
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4. The products of hydrolysis are peptones‚ peptides‚ and amino acids. Purine Analysis 5. After the addition of silver nitrate‚ a dirty white solution with brown layer on top was produced. 6. Yeast‚ especially brewer’s yeast‚ contains high levels of purines. Ribose Analysis 7. After boiling‚ a brown solution was produced. 8. ---------------------------------------------------------------------------------------------------------- 9. The result with 0.1% Glucose was a flesh-colored solution
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ESTIMATING THE RISK PREMIUM USING HISTORICAL DATA: A CASE OF THE NSE Introduction This study seeks to estimate the risk premium of a company using historical data. Analysts use historical data to estimate the risk premium of a company’s equity. This is because the historical data is readily available from the company’s financial statements and the securities exchanges for example the Nairobi Stock Exchange (NSE) in Kenya. Historical market data can be used to compute average returns and a measure
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