Chapter 1 Solutions to Practice Questions Questions for Review 2. The opportunity cost of seeing a movie includes the monetary cost of admission plus the time cost of going to the theater and attending the show. The time cost depends on what else you might do with that time; if it’s staying home and watching TV‚ the time cost may be small‚ but if it’s working an extra three hours at your job‚ the time cost is the money you could have earned. 4. Policymakers need to think about
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r1- )2*P1+( r2- )2*P2+( r3- )2*P3+ etc then square rooted (-50% - 11.40%)2(0.1) + (-5% - 11.40%)2(0.2) + (16% - 11.40%)2(0.4) + (25% - 11.40%)2(0.2) + (60% - 11.40%)2(0.1) = 712.44 standard deviation = square root of 712.44 = 26.69% coefficient of variation= CV= σ/ = 26.69%/11.40% = 2.34 expected return = = P1r1+P2r2+P3r3 expected return market= .3*15%+.4*9%+.3*18%= 13.5% expected return stock j= .3*20%+.4*5%+.3*12%=11.6% standard deviation =( r1- )2*P1+( r2- )2*P2+( r3- )2*P3 then
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Exercise 2-1 (10 minutes) 1. The wages of employees who build the sailboats: direct labor cost. 2. The cost of advertising in the local newspapers: marketing and selling cost. 3. The cost of an aluminum mast installed in a sailboat: direct materials cost. 4. The wages of the assembly shop’s supervisor: manufacturing overhead cost. 5. Rent on the boathouse: a combination of manufacturing overhead‚ administrative‚ and marketing and selling cost. The rent would most likely be prorated
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Chapter II Review of Related Literature and Studies Review of Related Literature Parents Portal The Parents Portal gives the parent an opportunity to view their student’s schedules‚ performance‚ and statement of accounts. Parents also have access to review current contact information‚ which may be used to help the school maintain accurate contact data. Online Reporting is the innovative use of media and communication technologies such as emails‚ blogs‚ websites and text alerts in
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Question – Chapter 2: Research Problem 2 When Oprah gave away Pontiac G6 sedans to her TV audience‚ was the value of the cars taxable? On Labor Day weekend in 2006‚ World Furniture Mall in Plano‚ Illinois‚ gave away $275‚000 of furniture because the Chicago Bears shut out the Green Bay Packers in the team’s football season opener at Lambeau Field in Green Bay (26-0). Was the free furniture in the form of a discount or rebate taxable‚ or should the furniture company have handed the customers a Form
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2. What is an installer? An installer is an application that installs a software or an operating system to a machine. 3. Would you set up a GUI on a server system? Why or why not? I would not set up a GUI on a server system. A GUI is good for a desktop system. Even though a GUI is user friendly‚ I would use a textual interface because it allows the system to dedicate more resources to carrying out the job it is set up to do. Also not running a GUI can improve system security. 5. What is free
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product of labour for a hypothetical firm Amount of labour( units) | Amount of capital(No. of machines) | Output of parts(Q‚ hundreds of parts) | Average product (Q/L) | Marginal product(∆Q/∆L) | 0 | 5 | 0 | - | - | 1 | 5 | 49 | 49 | 49 | 2 | 5 | 132 | 66 | 83 | 3 | 5 | 243 | 81 | 111 | 4 | 5 | 376 | 94 | 133 | 5 | 5 | 525 | 105 | 149 | 6 | 5 | 684 | 114 | 159 | 6.666 | 5 | 792.59 | 118.90039 | 163.048048 | 7 | 5 | 847 | 121 | 162.9041916 | 8 | 5 | 1008 | 126 | 161 | 9 |
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a big star exploded and out of that dust the planets were created… it might have been because of rotation but not in mind. The Christian people would agree more on this‚ because they would state that it was created on the mind of God omnipotent. 2) Explain and evaluate the view of Anaximander? - Anaximander was a Milesian. Anaximander was a pupil of Thales‚ who believed that the basic substance out of which everything comes must be more elementary than water; this substance must be ageless
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Questions for Review Chapter 13 1. What is the relationship between a firm’s total revenue‚ profit‚ and total cost? Each of these has an effect on the other‚ which will cause them to go up or down based on the output of the business. A firm aims to keep costs down‚ while increasing total revenue and profit. 2. Give an example of an opportunity cost that an accountant might not count as a cost. Why would the accountant ignore this cost? The money she would make working a full time job with
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1. When determining the appropriate hardware components of new information system‚ what role must the user of the system play? 2. Identify two basic characteristic of RAM and ROM? - RAM is temporary and volatile‚ it lose its content (data) is turned off or disrupted. - ROM is nonvolatile and not lost its contests if the power is removed. 3. What is RFID technology? How does it work? - A technology that employs a microchip with an antenna to broadcast its unique identifier and location receivers
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