Questions for Homework 7 1. | The value of marginal product A. | equals marginal product. | B. | describes the costs of hiring an extra worker. | C. | equals marginal product divided by price. | D. | equals average product times the wage rate. | E. | equals marginal product times price. | | 2. | The marginal product of the 14th worker is 8 and the firm sells its output for $4 per unit. The value of the 14th worker’s marginal product is A. | $2. | B. | $4. | C. | $12
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According to Benjamin Franklin‚ ‘’ Leisure is the time for doing something useful; this leisure the diligent man will obtain‚ the lazy man never. ‘’ Scientists prove by given statistics that in America‚ people who do an activity‚ leisure and sports‚ everyday is 96.2%‚ and they spend an average of 5.18 hours per day. Leisure‚ or free time‚ is time spent away from obligations and work. Leisure‚ nowadays‚ becomes very actual and trendy‚ with gender equalities and with the modern world of today‚ it becomes
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Chemical Kinetics Factors Affecting Reaction Rate OVERVIEW Chemical reactions occur at different rates. In this experiment you will consider some of the key factors that influence the rate of a reaction: nature of reactants - particle size temperature concentration catalysts According to the collision theory‚ the rate of a reaction depends on the frequency of collisions between reacting particles. The more frequent the collisions‚ the faster the rate of the reaction. However‚ in order
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downturn. As a result no wage hike has been given to the employees from the last two consecutive years and the employees are getting impatient for financial progress. The owner of the store is faced with the dilemma of managing the upcoming wage review process. He wants to reward the hard working employees out of the pumped up savings from the process improvement initiatives but has limited motivation to pay to the underperforming employees but this preferential treatment in wage hike may result in an
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The purpose of this lab is to determine the rate of reaction under different circumstances. Different variables will be manipulated to discover their effects on a particular reaction. Changes in temperature‚ pH‚ and enzyme concentration are examples of factors that have the potential to affect the initial rate of an enzyme catalyzed reaction in a controlled experiment‚ whether it be speeding the reaction up or slowing it down. Part I of the experiment establishes a baseline that can be used to compare
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most appropriate source of financing these activities from various sources available like equity‚ preference shares‚ debenture stock‚ term loans from banks or financial institutions‚ short term borrowings‚ supplier’s credit etc. The various factors determining the capital structure of a firm are as follows‚ a) Leverage or Trading on equity b) Retaining control c) Nature of the enterprise d) Size of the company e) Purpose of financing f) Period of finance g) Market sentiments h) Cost of capital
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curve rightward." Is this statement true or false? Explain your answer. Problem # 2 Suppose the market for running shoes is in equilibrium. Then the supply of running shoes decreases. What happens to the price and quantity of running shoes? What factors might account for the decrease in supply? Problem # 3 The table above gives the demand and supply schedules for CDs. a. According to the table‚ what is the equilibrium price? b. Suppose the government imposes a price floor of $16 for a CD
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Factors affecting Training design An effective training programme should ensure optimum results from the efforts put in designing it. Thus‚ one should take into account the key issues before & during the training design that may hamper a training programme .Various factors that have the potential to affect the implementation of the training programme are as follows - * Overall Goals of Training * Define the fundamental goals of training. Identify the domain of learning to be targeted:
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Assignment 1 UNIT 1 Question 1 (5 marks): Discuss the rate-limiting factor. Why is it important to consider when studying exercise physiology and training? Provide one example to clarify your understanding. The rate-limiting factor is the “step” that limits performances (the “slow step”). If we know the rate-limiting step in a certain physiological pathway or training situation‚ we can manipulate the factors of this step to change and increase the rate of the pathway. This will improve overall training
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Determining the Rate of Osmosis with Water and Sucrose 10/3/2012 Determining the Rate of Osmosis with Water and Sucrose Author: Results: Bag 1 had a rate of osmosis equal to 0.01 grams per minute. Bag 2 had a rate of osmosis equal to 0.0543 grams per minute. Bag 3 had a rate of osmosis equal to 0.0471 grams per minute. Bag 4 had a rate of osmosis equal to 0.0886 grams per minute. Bag 5 had a rate of osmosis equal to -0.0914 grams per minute (Figure A). Figure A: Shifting of mass
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