Mankiw – Chapter 13 SOLUTIONS TO TEXT PROBLEMS: Quick Quizzes 1. Farmer McDonald’s opportunity cost is $300‚ consisting of 10 hours of lessons at $20 an hour that he could have been earning plus $100 in seeds. His accountant would only count the explicit cost of the seeds ($100). If McDonald earns $200 from selling the crops‚ then McDonald earns a $100 accounting profit ($200 sales minus $100 cost of seeds) but makes an economic loss of $100 ($200 sales minus $300 opportunity cost). 2. Farmer
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Write Up On Thirteen Days Case Study: We will watch the film “13 Days” in class. You will then write a paper consisting of five to seven descriptive and concise paragraphs in bulleted form discussing how the negotiation issues are presented/used in the film and its connection to the readings. You should analyze each scenario and offer a series of observations related to the negotiation. When citing‚ be sure to include the author and page number(s). Think in terms of both integrative or distributive
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Chemistry Exam 2 Notes/Outline Exam Chapters and Topics: 13.1-13.2 Reaction Rates 13.3-13.4 Integrated Rate Law 13.4-13.6 Effect of Temperature‚ Catalysts‚ Reaction Mechanisms II 21.1-21.2 Radioactive Particles‚ Rates of Decay 14.1-14.2 Introduction to Equilibrium‚ Reaction Quotient 14.3 LeChatelier’s Principle 14.4-14.5 Equilibrium Calculations Chapter 13 I. Reaction Rates Chemical Kinetics: The study of the rates of chemical reactions These reactions occurs when a reactant species
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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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Chapter 13-Minicase 1 (page 598) Intranets: Invest First‚ Analyze Later? 1. Where and under what circumstances is the “invest first‚ analyze later” approach appropriate? Where and when is it inappropriate? Give specific examples of technologies and other circumstances. Invest first is justified if a new technology is the reason for the investment. There may not even be data to base an analysis on. It is inappropriate if the investment is big and could ruin the firm. Also‚ if data is available
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Jenny Sawh Chapter 13 13-8‚ 13-11‚ 13-19 December 10‚ 2012 DR CR Salaries and Wages Expense $480‚ 000 Withholding Taxes Payable $80‚000 FICA Taxes Payable $28‚040 Union Dues Payable $9‚000 Cash [($480‚000 – $140‚000) X 7.65% = $26‚010] $362‚960 Payroll Tax Expense $29‚440 FICA Taxes Payable $140‚000 X 1.45% = $2‚030; $26‚010 + $2‚030 = $28‚040 $28‚040 FUTA Taxes Payable [($480‚000 – $410‚000) X .8%) $560 SUTA Taxes Payable [$70‚000 X (3.5% – 2.3%)]
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Chapter 13 Acids and Bases (Dr Chong Fai Kait) 1) A 7.0 103 M aqueous solution of Ca(OH) 2 at 25.0 °C has a pH of __________. A) 12.15 B) 1.85 C) 1.4 102 D) 7.1 1013 E) 11.85 Answer: A 2) The acid-dissociation constant at 25.0 °C for hypochlorous acid (HClO) is 3.0 108 . At equilibrium‚ the molarity of H 3 O in a 0.010 M solution of HClO is __________. A) 1.7 105 B) 0.010 C) 5.8 1010 D) 4.76 E) 2.00 3) Using the data in the table‚ which of the conjugate acids below is the weakest
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Quiz Chapter 13: How Cells Obtain Energy From Food . The energy released by oxidizing glucose is saved in high energy bonds of: ATP and other activated carrier molecues 2. Sugars derived from food are broken down by: glycolysis‚ the citric acid cycle‚ and oxidative phosphorylation 3. Catabolism: a breakdown process in which enzymes degrade complex molecules into simpler ones 4. The digestion of polymeric food molecules into monomeric subunits occurs in: extracellular space (i.g. lumen of
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This is a summary of the 13 chapters of a history of Belize by Assad Shoman. It entails tables‚ maps and boxes‚ acknowledgments‚ foreword‚ introduction‚ map of Belize‚ then the thirteen chapters‚ notes‚ bibliography and index. It has 323 pages‚ 13 pictures‚ 16 tables‚ 3 maps‚ and 3 boxes. Assad shoman’s engaging about the social‚ political and economic history of Belize compelling relates the rich history of the peoples of Belize to the present condition in which the country finds itself. He scrutinizes
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Narrator: Greenwich Village‚ a section of New York City‚ attracts those who are interested in arts. At the top of an old three story brick house lives 2 friends‚ Johnsy and Sue. During the month of November‚ pneumonia visited the city‚ touching victim after victim‚ including Johnsy. For days‚ Johnsy lays on a hospital bed while her friend Sue watches over her. One day‚ another one of their friends visited Johnsy in the hospital. Friend: Johnsy! I heard that you contracted pneumonia! How are you
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