Microeconomics Week 4 Homework Chapter 6: #4 An explicit cost is the monetary payment a firm must make to an outsider to obtain a resource. An implicit cost is the monetary income a firm sacrifices when it uses a resource it owns rather than supplying the resource in the market. Say you owned a deli shop. Examples of explicit costs would be the salaries of your employees‚ the cost of the building (electricity‚ plumbing‚ etc.) and all the different ingredients and foodstuffs you need to
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to Psychology Today‚ a habit is defined as an acquired behavior pattern regularly followed until it has become almost involuntary (Psychology Today‚ 2012). Some examples of habits are looking both ways before crossing the street‚ brushing one’s teeth before bedtime as well as drinking alcohol and/or smoking. Some habits are good‚ and some are bad. All habits are‚ however‚ a direct result of reinforcement. Reinforcement is an idea developed by B.F. Skinner‚ a psychologist famous for his studies
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Homework Week 4 1. Section 3.1‚ Exercise #14‚ p. 125 Finding Probabilities consider a company that selects employees for random drug tests. The company uses a computer to select randomly employee numbers that range from 1 to 6296. Find the probability of selecting a number greater than 1000. P(E) = Number of outcomes in E / Total number of Outcomes in sample space Number of outcomes in E = 6296 – 100 = 5296 The probability = P(E) = 5296 / 6296 =
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Week Four Discussion Question How might you evaluate the credentials and information of people who present themselves as nutrition experts? How do you determine these sources to be credible? Team C discussed the areas to look at when someone presents himself or herself as a nutrition expert. This is an issue that can be discussed from many views. One aspect to be considered is their credentials. Do they have education? What are their views on medicine? What are their views on holistic health?
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Financial Modeling Templates Financial Forecasting (Pro Forma Financial Statements) http://spreadsheetml.com/finance/financialplanningforecasting_proformafinancialstatements.shtml Copyright (c) 2009‚ ConnectCode All Rights Reserved. ConnectCode accepts no responsibility for any adverse affect that may result from undertaking our training. Microsoft and Microsoft Excel are registered trademarks of Microsoft Corporation. All other product names are trademarks‚ registered trademarks‚ or service
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Discussion and Conclusions Many obstacles to my potential strategy are worth overcoming. Since the brand new policy is to add extra taxes on smoking and fining the smoking companies for their actions‚ then one is able to make sure that people comply or go out of business. A way to overcome the challenges is to have someone from each company represented in Congress (Kottke‚ RN‚ GH‚ & ML.‚ 1988). This may mean making sure that there is someone in government that is passionate about this issue‚
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Homework – Week 4 Desislava Tabakova ACC 403 – Auditing I Professor Ashley Braun Harper November 2‚ 2014 Chapter 7: Problems 7-29(a-g) and 7-33(a-b) Chapter 8: Problems 8-29(a-d) and 8-32(a-b) 7-29 A-G A- Recorded amount of entries in the acquisition journal 1- Documentation--consists of the client’s business documents used to support accounting events. The strength of documentation is that it is prevalent and available at a low cost. Documents can be internal or externally
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1. What are some ways the Christian gospel is perceived in our culture? Within our culture the Christian gospel can be professed as misunderstanding or even as Christians portraying themselves as being above that come from other religious backgrounds. One view that is disturbing is that Christians are known to be hypocritical by saying that they are Christian but their actions show differently. In some ways these perceptions are true as some Christians specially carnal Christians have a habit of
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Week 4 Assignment 1) How might you use the strategies for applying creativity to problems and issues in addressing this topic? In the article that I wrote about it discusses the issue of how Essex County Executive‚ Joe DiVincenzo‚ was using his campaign funds to pay for personal expenses. According to the article the laws concerning this matter requires disclosure of all expenses‚ including those incurred on a credit card. It also states that from 2002 to 2011 DiVincenzo had approximately $250
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Whenever I get a package of plain M&Ms‚ I make it my duty to continue the strength and robustness of the candy as a species. To this end‚ I hold M&M duels. Taking two candies between my thumb and forefinger‚ I apply pressure‚ squeezing them together until one of them cracks and splinters. That is the “loser‚” and I eat the inferior one immediately. The winner gets to go another round. I have found that‚ in general‚ the brown and red M&Ms are tougher‚ and the newer blue ones are genetically inferior
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