IE401-Econ401 MidTerm Managerial Economics NAME: Each of the 20 multiple choice questions is worth 3 points. Mark your answers on the ANSWER KEY on page 5. Also provide BRIEF answers to each of the 4 “essay type/logical” questions. Multiple-Choice Questions 1. A manufacturer produces 1‚000 basketballs each day‚ which it sells to customers for $30 each. All costs associated with production and sales total $10‚000; however‚ if the manufacturer were to produce one
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In John Taylor Gatto’s article he explains the difference between “schooling” and “education”. And if children really need to be in school to get and have an education. Or can the children simply teach themselves by there own experiences and or mistakes. This also goes for the teachers that teach these kids to have an education. Gatto states “I had enough time to reason to think of our schools-with their long-term‚ cell-block-style‚ forced confinement of both students and teachers- as virtual factories
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Two Variable Inequality Katherine Courtney MAT221 Phil Le August 25‚ 2013 Inequalities are equations that can be used to determine not just what something could equal but what something cannot equal. It tells us what the relative size is of two values and if they are big or small‚ too much or not enough. Inequalities could make it easier to determine how much someone might need of something in order to make a certain amount of something‚ while also determining
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Intro Java and JavaScript share many similarities‚ but are unique in many more ways. The two languages share similar goals and history‚ but both serve vastly different purposes. While both are object-oriented languages‚ Java is an interpreted language while JavaScript is‚ as its name implies‚ a scripting language‚ and not a true programming language. Java is meant mostly to be a multi-tiered language‚ while JavaScript was written to be a client-side language. While the two languages may look very
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the difference between language and dialect. Language is one of the fundamental things for our daily living. The main reason behind development a society is communication and there is no doubt the language is the best way of communication so far. So we can say that the contribution of language for human civilization is enormous. As a language community a community can be own difference of expression‚ attitude‚ tone‚ accent. That is making a language variation in same community. This is called
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The difference between the Republicans and Democrats‚ explains Oklahoma Representative J.C. Watts who is a Republican‚ is that the republicans believe people are instinctively bad at heart‚ while Democrats believe people are instinctively good at heart (Leonard 2015). While this isn’t necessarily the greatest explanation between the two‚ there is some truth to it. Democrats are more prone to implementing policies or programs to fix solutions‚ while republicans deal more with the people that are having
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PRINCIPLES OF ECONOMIC (DIFFERENCE BETWEEN MICROECONOMICS AND MACROECONOMICS) CERTIFICATE IN ESTATE AGENCY (CEA) HAFIFI BINTI HAMDAN 940113-10-5504 LECTURER: MRS. NORZIHA BINTI ISMAIL DIFFERENCE BETWEEN MICROECONOMICS AND MACROECONOMICS The study of economics is divided into microeconomics and macroeconomics by the modern economists. Both of them discuss the economic activities but are used in different sectors under different circumstances. In spite of having some similarities‚
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mood and activity level‚ individuals living with dementia are highly susceptible to delirium (Wass‚ et al.‚ 2008). However‚ delirium in many has a tendency to go unrecognized because it shares many of the same symptoms as dementia. In telling the difference‚ dementia features changes in memory and intellect that are slowly progressing and evident over months or years; whereas‚ delirium symptoms tend to be more abrupt in confusion and take on more sudden changes in a person’s dementia. Over the period
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and firm performance Accounting and financial statement analysis Paulo Alves & Joana Fontes (2014/2015) Topics for this session Review of main financial statements Steps in performing accounting analysis Case study: Euro Disney and the first five steps of accounting analysis 2 Joana Cardoso Fontes & Paulo Alves (2014/2015) Review of main financial statements 3 Joana Cardoso Fontes & Paulo Alves (2014/2015) Income statement Provides a summary of the revenues (increases
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3 Predetermined Overhead Rates‚ Flexible Budgets‚ and Absorption/Variable Costing Questions 1. Although both variable and mixed costs change in total with activity measure changes‚ the difference is that variable costs change in direct proportion to such activity changes and mixed costs do not. Since a mixed cost has both a fixed and variable component‚ the cost per unit at different activity levels is not constant as it is with a variable cost. 2. No‚ these are not always the best points of observation
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