have a sound knowledge of cost behaviour ie fixed costs‚ variable costs‚ semi-variable costs and sunk costs. Answer: Understanding cost behaviour helps manager in anticipation of changes in cost when there is a change in their activities like production‚ sales‚ inventory pile up etc. It provides good assistance in planning‚ cost management and decision making. A number of behaviour patterns exist ranging from fixed to variable and from linear to curvilinear. Many cost predictions techniques are
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Closed And Open macro-economy Systems Todd Gray ECON224-1204A-04 Macroeconomics American Intercontinental University- Online In today’s business world it is important to understand the difference between an open and closed Macroeconomic system. Each time you go out to purchase a good or service you need to be aware of how your hard earned money is being distributed across the economic system. There are two types of systems that I will discuss an open system and a closed system.
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Bisht;Ashish; 0822881 Minimum wage bill defeated in Parliament Introduction: The demand to raise New Zealand’s minimum wage has decline. We live in a society where government has to make balance between employers and employees. Workers want better paying job and at the same time employers want to control labour cost. Therefor government put the floor of minimum wage “a minimum wage is the lowest wage that each employee can legally get from an employer” (exclusive papers). This is the lowest
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Minimum Spanning Trees Computers are based on one basic element and that is data. All computers make use of different data sets and information for processing the same and giving the required results and output. Data need to be arranged in certain ways and forms to make sure that the same can be used in the best possible way. There are numerous ways in which the data can be arranged or formed depending on their usage. One such methodology or data structure is the minimum spanning tree. Minimum spanning
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TERRESTRIAL MICROWAVE COMMUNICATION SYSTEM DESIGN DESCRIPTION OF THE MICROWAVE BEAM: 1. The microwave beam behaves like a light beam and it tends to follow a straight line and azimuth. 2. The changes on temperature‚ pressure and relative humidity tends to refract the microwave beam. So it will follow on a slightly curved path. The radio horizon exists. 3. It is diffracted when grazing over an obstacle. A small shadow area created when some of the energy is redirected. 4. The beam
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contributes only 17.5% to the total GDP. Mostly‚ agriculture is carried out using traditional methods and farmers are dependent on heavily on monsoons. Green revolution and white revolution has given a boost to this sector but it is yet embrace technology on a large scale. Indian Economy VS Agriculture: Agriculture sector in India lacks innovation and investment. It still uses the traditional methods of farming giving less produce per hectare of cultivated land as compared to global standards
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Good afternoon every one‚ the business area of our project is minimum wages‚ the specific project topic is The Positive Aspects of Minimum Wage Law. Nowadays‚ rent‚ transport fees and electricity bills are all on the rise and grassroots are difficult to maintain a decent living and have heavy financial burden on family. Also‚ many people criticize that some employers had more tricks to exploit workers‚ which drives the salaries of low-skill workers are below $20 per hour. This is an unfair remuneration
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Should All Canadian Zoos Be Closed? Zoos provide an invaluable service and therefore should not be closed. Zoos have rescued many injured animals and nourished them back to health. If a species is endangered‚ the species can be sent to a zoo to be kept safe. Also‚ keeping certain animals in zoos can help us learn more about them. Have you ever wondered where animals would be if they didn’t have a safe home like a zoo? Many zoos have rescued tons of animals and have given them a safe place to stay
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research study aims to identify the effect of the location of the computer shops to the... Methodology is the systematic‚ theoretical analysis of the methods applied to a field of study. It comprises the theoretical analysis of the body of methods
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boxes of staples a year. The boxes cost $4 each. It costs $10 to order staples‚ and carrying costs are $0.80 per box on an annual basis. Determine: (A) the order quantity that will minimize the sum of ordering and holding boxes of staples (B) the annual cost of ordering and carrying the boxes of staples 2. . A service garage uses 120 boxes of cleaning cloths a year. The boxes cost $6 each. Ordering cost is $3 and holding cost is 10 percent of purchase cost per unit on an annual basis. Determine:
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