absolute difference between the average winter temperature over the past 10 years and the current average winter temperature. If the current price of home heating oil is $1.20‚ the current price of natural gas is $2.00‚ and the average winter temperature this year is 40 degrees compared to 28 degrees over the past 10 years. A. What is the quantity of home heating oil demanded? 6.6 units B. How much did change in winter temperature effect demand in comparison to the average winter temperature? 12 units
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future plans. Classes are made up of groups of friends that pressure each other to disrupt the other students. Doing so takes the students attention away from what the teacher is saying and their work. If the classes were divided by grade point averages‚ the students that didn’t care would not be in a class with students who do care. Therefore they could learn better and be more prepared. Schools in today’s society are made up of the students who spend their time studying and students that are
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congestion at the boat-launching ramp near Mansfield Dam. On weekends‚ the arrival rate averages 5 boaters per hour‚ Poisson distributed. The average time to launch or retrieve a boat is 10 minutes‚ with negative exponential distribution. Assume that only one boat can be launched or retrieved at a time. a.) The LCRA plans to add another ramp when the average turnaround time exceeds 90 minutes. At what average arrival rate per hour should the LCRA begin to consider adding another ramp? b.) If there
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Q1: The first financial strategy “Manage rather than own hotel assets” is consistent with growth objectives. The company sold out the hotel assets while keeping a long-term management contract. We calculated the Return on Assets (ROA) from 1978 to 1987‚ it increased a little in 1979 and kept decreasing to 1987(Exhibit 1). By managing rather than owning the hotel assets‚ Marriott is able to increase its ROA thereby increasing potential profitability and its financial position in the market. Marriott
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Not Your Average Joe of a Teacher The school year had just started; I was walking into the classroom of one of my most difficult classes that junior year. As I enter the room I see a man who looked like a basic high school male teacher. Although he looked like many male teachers I have seen before‚ I was a little intimidated by the presence he gave off. As I sit down‚ and class begins‚ I realize that this average looking teacher is not the intimidating man I thought he was. On this day‚ I met a teacher
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CHAPTER 9 THE COST OF CAPITAL (Difficulty: E = Easy‚ M = Medium‚ and T = Tough) Multiple Choice: Problems Easy: Cost of common stock Answer: d Diff: E [i]. Bouchard Company ’s stock sells for $20 per share‚ its last dividend (D0) was $1.00‚ and its growth rate is a constant 6 percent. What is its cost of common stock‚ rs? a. 5.0% b. 5.3% c. 11.0% d. 11.3% e. 11.6% Cost of common stock Answer: b Diff: E [ii]. Your company ’s stock
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In the background to supply‚ we notice about the terms "total product"‚ "marginal product" and "average product". These three figures are the foundation upon which the analysis of short-run production for a firm is analyzed. Total product is the total quantity of output produced by a firm for a given quantity of inputs. The usual framework is to analyze total product when in a variable input (labor) changes‚ for a given amount of a fixed input (capital). Diagram 1 In diagram 1‚ as the curve shows
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How would you explain Aristotle’s main points in his Ethics to the average person: In Aristotles ethics he explains that we have to find out what makes something flourish or what makes something good at what it does. There are all sorts of examples that can be used but we will use a hammer as an example. What makes a hammer a good hammer‚ a hammer should not break when you use it to pound a nail into wood‚ it should not deform or bend when used‚ and if it is a good hammer you might get a life times
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during the Industrial Revolution. In your letter‚ include details about your situation‚ as well as solutions for problems. Include some of the points below: Working conditions in English factories‚ the hours you work‚ opportunities for breaks‚ the average wages workers are paid‚ safety on the job‚ ages of those you work with (including children)‚ health and healthcare‚ and what you will do when you are too old to work Types of laws that might be passed to address your concerns‚ including measures that
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Adjusted Present Value (APV) approach assuming the firm raises $750 thousand of debt to fund the project and keeps the level of debt constant in perpetuity. NPV of Levered Firm = $1‚528‚485 3. Value the project using the Weighted Average Cost of Capital (WACC) approach assuming the firm maintains a constant 25% debt-to-market value ratio in perpetuity. NPV of Levered Firm = $1‚469‚972 4. How do the values from the APV and WACC approaches compare? How do the assumptions
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