| 40‚000 | | 100‚000 | | 404 | | | | 20‚000 | 20‚000 | 40‚000 | | 405 | | | | | 20‚000 | 20‚000 | | Total | 90‚000 | 120‚000 | 90‚000 | 60‚000 | 40‚000 | 400‚000 | 2 Physical Measures Method | Produced | Proportion | Joint Cost Allocation | Unit Cost | 401 | 90‚000 | (90‚000/400‚000)0.225 or 22.5% | (200‚000 x 0.225)45‚000 | (45‚000/90‚000)0.5 | 402 | 120‚000 | (120‚000/400‚000)0.3 or 30% | (200‚000 x 0.3)60‚000 | (60‚000/120‚000)0.5 | 403 | 90‚000 | (90‚000/400‚000)0.225 or 22
Premium Costs Variable cost
goal of the distribution of income is to achieve economic equality‚ which is to give every citizen the opportunity of earning a decent living. However‚ our current system’s inability to better allocate the resources we have at our disposal has widened the gap between the wealthy and the poor especially during the past 20 years. The primary benefit of the distribution of income is to transfer wealth‚ with the help of the government‚ to those who are less fortunate. The current distribution of income
Free Progressive tax Tax Distribution of wealth
------------------------------------------------- Agriculture Agriculture‚ also called farming or husbandry‚ is the cultivation of animals‚ plants‚ fungi‚ and other life forms for food‚ fiber‚ biofuel and other products used to sustain human life. Agriculture in India has a significant history. Today‚ India ranks second worldwide in farm output. Agriculture and allied sectors like forestry andfisheries accounted for 16.6% of the GDP in 2009‚ about 50% of the total workforce.[1] The economic contribution of agriculture to India’s GDP
Premium Agriculture
Indian organizations have acquired a reputation for organizational and social innovation and strategies centered round new concepts of frugal innovation. It has been suggested that some of these developments reflect specific socio-economic and framework conditions peculiar to the Indian context. At the same time many Indian firms have yet to institute systems and procedures required for supporting technological‚ product and service innovations. The existence of formal R&D departments/divisions
Premium Innovation Sociology Corporate social responsibility
DOES RAGGING DEVELOPS FRIENDSHIP? INTRODUCTION The word rag – means torn clothes. Due to some or other reasons‚ we have cultivated an environment‚ where some students believe that they are seniors and therefore they have the right to be respected. There is a false sense of hierarchy‚ particularly in Indian mindset. There are false notions of superiority. It is a fact that this kind of ego or hierarchy is destructive at all levels. A person today wont respect his teacher or his parents‚ if he/ she
Premium Agriculture Human Youth
Diversification in this case (agricultural diversification) involves the realocation of a‚ or some of a farms resources‚ to a new product or products. The prime resource of that time being sugar and the new products being the wide variety of crops that were produced and re-introduced by peasants. Peasants are a class of people of a lower status‚ who depends on agricultural labour for subsistence. The peasant life could be placed and termed in different categories. According to Mintz 1961‚" a peasant
Premium Peasant Agriculture Caribbean
THE THREE METHODS OF RESOURCE ALLOCATION Throughout history‚ there have been three primary mechanisms for allocating resources. • In a traditional economy‚ resources are allocated according to the long-lived practices of the past. Tradition was the dominant method of resource allocation for most of human history and remains strong in many tribal societies and small villages in parts of Africa‚ South America‚ Asia‚ and the Pacific. Typically‚ traditional methods of production are handed down
Premium Economic system Planned economy Soviet Union
CHAPTER 8. TRIP DISTRIBUTION NPTEL May 3‚ 2007 Chapter 8 Trip distribution 8.1 Overview The decision to travel for a given purpose is called trip generation. These generated trips from each zone is then distributed to all other zones based on the choice of destination. This is called trip distribution which forms the second stage of travel demand modeling. There are a number of methods to distribute trips among destinations; and two such methods are growth factor model and gravity
Premium Trip generation Trip distribution
Philippine Agriculture over the Years: Performance‚ Policies and Pitfalls 1 Cielito F. Habito and Roehlano M. Briones 2 Introduction Although many still think of the Philippines as an agricultural economy‚ strictly speaking‚ it is not. Agriculture‚ fishery and forestry directly account for just one-fifth (20 percent) of the economy’s aggregate domestic output (GDP). Ever since the 1960s‚ the direct share of agriculture in the GDP had fallen below one-third‚ and by 1981‚ the sector’s share had decreased
Premium Agriculture Economic growth
Normal Distribution:- A continuous random variable X is a normal distribution with the parameters mean and variance then the probability function can be written as f(x) = - < x < ‚ - < μ < ‚ σ > 0. When σ2 = 1‚ μ = 0 is called as standard normal. Normal distribution problems and solutions – Formulas: X < μ = 0.5 – Z X > μ = 0.5 + Z X = μ = 0.5 where‚ μ = mean σ = standard deviation X = normal random variable Normal Distribution Problems and Solutions – Example
Premium Normal distribution Standard deviation Random variable