Marginal Revenue and Marginal Cost An understanding of marginal revenue and marginal cost is economically crucial to owning and operating a successful business. Marginal revenue is the amount of change in total revenue by selling one additional product. So if a company sells four extra unit of product and brings extra total revenue of 500 dollars than the marginal revenue for this month would be 125 dollars. This is found by taking the change in total revenue‚ 500 dollars‚ and dividing it by the
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UNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS GCE Ordinary Level MARK SCHEME for the October/November 2007 question paper 7010 COMPUTER STUDIES 7010/01 Paper 1‚ maximum raw mark 100 This mark scheme is published as an aid to teachers and candidates‚ to indicate the requirements of the examination. It shows the basis on which Examiners were instructed to award marks. It does not indicate the details of the discussions that took place at an Examiners’ meeting before marking began. All
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The perceptual recognition would be to introduce a new stimulus to a child. When the infant is being introduced to something new‚ for example a new squeaky toy‚ or person‚ the child will appear unsure at first‚ until they begin to become interested in the stimuli. For this to happen it is important to repeatedly squeak the toy or shake the rattle to make a sound. By doing this the infant will become accustomed to the sound that it makes‚ and won’t appear to have so much fear. Once the infant is accustomed
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‘Anagnorismos’ means ’recognition’‚ ’discovery’‚ or ’revelation’ not only of a person but also of what that person stood for and it is the critical moment in a Greek tragedy leading to the denouement of a story. In heroic myth‚ anagnorismos is the recognition of a hero at the end of his quest by other another person. A hero can experience anagnorismos by bringing back objects from his quest proving his heroic deed. For example‚ Perseus Polydectes recognizes that Perseus has accomplished the task
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Level 5 diploma in leadership for health & social care services (Adults) Candidate name: Assessor: Unit number: 517 Outcome: Lead person centred practice Reference: 1 2.1 2.2 2.3
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disguised as the beggar. I believe Penelope intuitively knew that Odysseus was the beggar but did not want to raise any red flags to the suitors‚ so she conjured up a clever way of ensuring that Odysseus could claim her “fair and square”. This recognition may not have been immediate but at a certain point after conversing with the beggar I believe Penelope perceived that the beggar was her husband.There are many questions surrounding whether this is so‚ however there is quite a bit of evidence that
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Expenditures and Revenues Matrix and Summary Amber Pickett AJS/522 April 16‚ 2012 Park Atatah Expenditures and Revenues Matrix and Summary Budgets are significant in the budget formulation process. Budgeting as a tool is the make-up of public policy (Smith & Lynch‚ 2004). Budgets exist at all levels of government‚ local‚ state‚ and federal. When describing revenue sources in public budgeting‚ it is important to describe the source of revenue‚ the source of the funding‚ importance of
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course: This week you learned about the unearned revenue account. Provide three examples of unearned revenue. Answer: Three examples of unearned revenue would be 1.Prepaid Expense - A year long insurance contract a company paid $12‚000 for at the beginning of the year. Since the insurance company owes the company service‚ the expense prepayment is recorded as an asset Journal Entries: debit Prepaid Insurance and credit Cash). 2. Unearned Revenue - A year long subscription of $12‚000 is received
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and treaties in order to build a strong relationship for the future‚ by the implementation of educational programs throughout Canada’s educational system. I will do this by explaining the important roles Aboriginal peoples played in forming Canada‚ how respecting the treaties will build a better relationship amongst the two societies‚ and recognizing Aboriginal identity is no longer inferior to that of Europeans. Aboriginal history begins hundreds of years before European settlers arrived in Canada;
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Revenue expenditure is an expenditure which on cost of doing business on day to day basis and is necessary to be cover to maintain the business going on effectively. Thus‚ revenue expenditure is the cash or credit that being spent immediate for short-term purpose‚ example‚ expenses on assets such as repair and fuel which will or will not improve the value of the given assets. Capital expenditure is an expenditure which will cause future benefit to the company. It’s the money that spends on the
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