The first mobile phones‚ referred to as Frist Generation or 1G‚ were introduced to the public in 1983 by Motorola. The technology used at that time was analog‚ which is much less reliable than the digital technology we use today. The first mobile phones were big‚ had a great deal of static and noise interference and very expensive‚ many of them costing hundreds of dollars. They were more of a status symbol during the decade rather than a means of convenience. During the 1990s‚ Second Generation or
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Health care costs in the United States (US) currently exceed 17% of GDP and continue to rise. Other developed nations spend less of their GDP on health care but have the same increasing trend. Factors contributing to this rise are not hard to find‚ such as the development of new treatments and the age increase of the baby boomers. Unfortunately‚ instead of focusing on the costs of treating individual patients with specific medical conditions over their full cycle of care‚ providers aggregate and
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"In 1989‚ NASA’s Space Exploration Initiative Mars plan was expected to cost about $400 billion. According to Zubrin’s 1990 estimate" (Mars Direct)‚ today the projected cost is around US$ 10-22 billion. The race to Mars has begun‚ with this race extending father than government agencies like NASA. The Mars race has even become privatized‚ with companies like Mars One and Space X designing ways to hopefully reach Mars first. The mission to Mars and the first stages to colonize Mars will be very costly
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____ 1. A cost is not relevant if it: A. B. C. D. E. Does not differ for each option available to the decision maker. Changes from period to period. Is a future cost. Is a mixed cost. Is a fixed cost. 2. Variable costs will generally be relevant for decision making because they: A. B. C. D. E. Differ between options. Are volume-based. Have not been committed and differ between options. Differ between options and have been committed. Measure opportunity cost. 3. Fixed costs will often be
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“Largest Study on Cell Phones and Cancer Finds No Link”‚ Associated Press‚ Time‚ October 21‚ 2011 This article talks about how cell phones are not linked to cancer. According to Danish researchers‚ the biggest study ever consisting of 350‚000 people found no evidence of any link. This concluded that people who have used a cell phone for a decade don’t have different cancer rates than those who have not. Last year‚ a different study found no connection between cell phones and cancer. But
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(expensive) cost of higher education. A striking statistic that jumps out however is that postsecondary enrolment has been increasing over the past few decades despite the increase in tuition and other related costs associated with attending a college or a university. To put this in perspective‚ total enrolment has increased at a rate of 2.78% between 1973 and 2005 even though the costs of attending a postsecondary education increased by a real annual rate of 6.53% over the same time period (Hu
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competitive market sells 400 units of output at a price of $4 each. Which of the following statements is correct? Any typo or mistake is on me. Any questions‚ email me. xgu@econ.rutgers.edu i) Marginal revenue equals $4. ii) Average revenue equals $100. iii) Total revenue equals $1‚600. a. b. c. d. i) only iii) only i) and iii) only i)‚ ii)‚ and iii) 4. For a certain firm‚ the 100th unit of output that the firm produces has a marginal revenue of $10 and a marginal cost of $11. It follows
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Should Schools Allow Cell Phones Or Is It Too Dangerous? We live in era where technological advance is unstoppable. What yesterday looked impossible‚ today looks like totally common thing. Every month we listen to news about new ultra slim television which was invented‚ about powerful notebook with the newest operation system or about elegant smartphones with many functions. And why are these products so popular? The main reason is that they make our lives easier. It is much more comfortable
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NO CELL PHONES FOR KIDS Cell phone is considered as an important thing in human life nowadays. We no longer rely on public phones that once we did. The cell phones users are not only people that come from the working class‚ but also children. Is cell phone really that important? There are a lot of disadvantages of using mobile phones which involves children from age six until thirteen. Some people might think that kids should have cell phones. However‚ I do believe that kids should not have cell
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1/ Variable Costs: The variable cost will be 40% higher [ an increase of 21‚000 - 15‚000=6‚000 units] Direct Material used 1‚060‚000 Variable Costs: Direct Labor 1‚904‚000 Direct material used [ 1‚060‚000 *1.4] 1‚484‚000 Unit costs [ 6‚335‚600 / 21‚000] =$ 301.7 Indirect Materials and supplies 247‚000 Direct Labor [ 1‚904‚000 * 1.4] 2‚665‚600 Variable Cost/ Unit = 228.27 at both 15k & 21k units Power to run plant eqip 213‚000 Indirect Materials
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