Travis Kellenberger AGEC 700 Problem Set #3 2) The demand curve for a product is given by Qdx = 1‚200-3Px- .01Pz‚ where Pz = $300. a) What is the own price elasticity of demand when Px = $140? Is demand elastic or inelastic at this price? What would happen to the firm’s revenue if it decided to charge a price below $140? At the given prices‚ quantity demanded is 750 units: Qdx = 1‚200- (3 *140) -.1 (300) = 750. -140/750=-.56; demand is inelastic at this price point and you would be decreasing
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Problem Set 1 1. (Star Wars) Real GDP = 461.0(214.5/60.6) = 1‚631.76 (E.T.) Real GDP = 399.9(214.5/96.5) = 888.90 (Titanic) Real GDP = 600.8(214.5/160.5) = 802.94 (Shrek 2) Real GDP = 437.2(214.5/188.9) = 496.45 (Avatar) Real GDP = 760.5(214.5/214.5) = 760.5 Real GDP in Order of Largest to Smallest Movies Nominal Box Office Receipts (millions) CPI in Year Released Real Box Office Receipts (millions) Star Wars (1977) 461.0 60.6 1‚631.76 E.T. The Extra-Terrestrial (1982) 399.9 96.5 888.90 Titanic
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Republic of the Philippines ) City of Legaspi ) S.S. QUITCLAIM VERZONTAL BUILDERS‚ a corporation duly organized and existing under and in accordance with the laws of the Republic of the Philippines‚ with office and principal place of business at Purok 3‚ Bagumbayan‚ Daraga‚ Albay‚ represented by DENNIS G. MACANDOG‚ hereby declares as follows: 1. DENNIS G. MACANDOG‚ is the LESSE‚ in the Lease Contract No.029075800027‚wherein BPI Leasing Corporation‚ a corporation organized and existing under
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The Chartered Institute of Building CPD 24 Aug 2012 Environmental Living and Building Insulation – Revisited Presented by Mr Winston Lam‚ Envirobuilding Solutions 3 ft ? 20 ft ? 200 ft? Average emission factor of CO2 : 0.7kg CO2e per KWh Each tree can absorb 23kg of C02 throughout its life Building Energy Efficiency Ordinance (Cap. 610‚ Laws of Hong Kong SAR)‚ will be enforced on 21 September 2012. 1. Total annual electricity consumption of HK in
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Ready Set Learn Jammelah Rials Capella University Ready Set Learn To determine if an early childhood program is high quality or not depends on several qualities. One important quality is the physical setting the indoor environment must be clean in good repair and well ventilated. Un-sanitized environment can lead to the spread of germs and viruses making it easier for children to become sickly or ill. Classroom space must be divided into richly equipped activity areas‚ including
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Federal Form W-4 Employee’s Withholding Allowance Certificate Click this button to begin: Begin Instructions: Move the "hand" pointer over a form box on the document. The "hand" should turn into an "I-beam". The "I-beam" signifies a "fill-in" section to the form. Click inside the box. You can now type into the box. When the pointer hovers b check box‚ button‚43026 or Suites 138020 2722 tennyson blvd apt over aColumbus-Hilliard Homewood item list‚ it will turn into a hand with one
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YOUR NAME:_______________________________ YOUR TAs NAME:___________________________ YOUR DISCUSSION #_____________ THE GEORGE WASHINGTON UNIVERSITY Department of Economics Economics 011 Section 14 Prof. Steve Suranovic Fall 2012 Problem Set #2 – Answers Answer all of the following questions from the book and those below. HW #2 is due in class on Wednesday Feb 22nd . A. Questions from Text and Readings R&T Chapter 2-5 (online)‚ Chapter 2.4 Review and Practice (in printed textbook);
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Family Support Service Project Part One: Program Information: Name of Program: Peninsula Family YMCA Preschool/Childcare * Address: (Main Office) 4390 Valeta Street & (Preschool) 4425 Valeta Street San Diego‚ CA 92107 * Phone Number: (619) 226-8888 * Office Hours: Mon-Fri 5:30am-9:00pm‚ Sat 7:00 a.m.-6:00 p.m.‚ Sun 10:00 a.m.-6:00 p.m. Childcare hours vary by site according to community and school needs. Generally‚ the program runs from 6:30 a.m. until school
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Other information: Setup costs vary with the number of batches processed in each department. The budgeted number of batches for each product line in each department is as follows: Trophies Plaques Forming department 40 116 Assembly department 43 103 Supervision costs vary with direct labor costs in each department. 1. Calculate the budgeted cost of trophies and plaques based on a single plant-wide overhead rate‚ if total overhead is allocated based
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10. Errors and Redesign. Throughout this experiment a number of random and procedural errors were apparent; these errors could have affected the results of the experiment in a number of ways. One experimental error that occurred during the experiment was that some flies became stuck in the food source and died. The main cause of this was the fact that the fly vials were stood up (vertically) before the flies had fully recovered from the anaesthetic. This could be overcome in future experiments by
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