1) Suppose that in the clothing market‚ production costs have fallen‚ but the equilibrium price and quantity purchased have both increased. Based on this information you can conclude that [ B. demand for clothing has grown faster than the supply of clothing ] 2) Camille’s Creations and Julia’s Jewels both sell beads in a competitive market. If at the market price of $5‚ both are running out of beads to sell (they can’t keep up with the quantity demanded at that price)‚ then we would expect both
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Final Exam – Project Management and Consulting Exam is in two parts: a) Take Home - Excel Portion includes (30%) • Project Management Network diagram‚ • Critical Path Method (CPM) including adding uncertainties and crashing costs. • Gantt chart. b) Written in class portion based on the following case. (70%) Your Written Exam The incidents described in this case study are typical of the types of things that happen in real-life projects. They are a reflection of peoples’ attitudes and the way
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Marginal Physical Product (MPP) or (MP). The marginal physical product of labor is the change in total output accounted for by hiring one more worker‚ holding all other factors of production constant 2) Given some data‚ calculate Marginal Revenue Product (MRP). The marginal physical product (MPP) times marginal revenue (MR). 3) Given some data‚ calculate Marginal Factor Cost (MFC). Change in TC/Change in labor. 4) Explain how a firm selling its product in a perfectly competitive market and
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the demand curve shifts from DD to D1D1 2. Both equilibrium price and quantity will increase from P to P1 and Q to Q1 units. 3. The rise in price will result o movement along the supply curve (SS) and the original equilibrium at point E changes to a new one at E1. C) Explain three (3) factors that may influence the supply of chicken in the domestic market. (6marks) Answer: 1. Price: The price of a product is one of the major factors that influence its supply in the market
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Dealing with and managing resistance to change The top two reasons for employee resistance are 1. 2. A lack of awareness about the change Comfort with the ways things are and fear of the unknown. The Top 10 Reasons Employees Resist Change 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. The individual’s personal predisposition to change. Surprise and fear of the unknown. Climate of mistrust. Fear of failure. Loss of status and/or job security. Peer pressure. Disruption of cultural traditions and/or group relationships
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Revenues measure the inflow of net assets resulting from selling products or services. Failure to adjust for depreciation results in the overstatement of assets and the understatement of net income. (FALSE). Which of the following transactions would not affect owners’equity? Purchasing supplies for cash. Increased earnings do not always generate an increase in cash flow. CFO includes: selling goods‚ not: buildings‚ dividends‚ long-term debt. Depreciation reduces net income but is not related to a
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precise voltage to the primary side of high voltage transformer and to the filament circuit. c. kVp controls- by selecting the major or minor kVp controls‚ a more precise kilovolt peak is provided. kVp major changes secondary side connection on autotransformer to 10-20 turns. kVp minor changes secondary side connection on autotransformer to 1-2 turns. The kVp meter connected to the output terminals of the autotransformer reads voltage not kV. The pre-reading meter voltage is also monitored continuously
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Chapter 7 Current Architecture definition: (review) Documentation of existing strategic goals‚ business services‚ information flows‚ IT systems/services‚ and technology infrastructure. function of Current Architecture (review) check whether there’s a good alignment between business process‚ technology and people (pg. 141) Benefit of Current Architecture becomes a reference baseline that then supports planning and decision-making regarding the future architecture Goal of Current
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SOCS350: Final Exam Study Guide 1. Some of the key concepts that will be covered include: (While these are key areas‚ remember that the exam is comprehensive for all assigned course content‚ and this study guide may not be all- inclusive). • Institutional (structural) discrimination – Lecture 1 • Individual discrimination – Lecture 1 • Diversity – Chapter 1 • Averse racism – Chapter 3 • Social identity – Chapter 3 • Stereotypes – Chapter 3 • Neosexism – Chapter 3 • Sex segregation – Chapter
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dramatically‚ the earth’s average temperature could rise by six degrees Celsius in the next 100 years.” My personal opinion on this statement is most closely described by:|Opinion then|Opinion now| A. |Who cares? ||| B. |I don’t believe this climate change nonsense ||| C. |Six degrees will make winters much more bearable
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