The average temperature in Santiago is 14.4°C with January being the warmest at an average temperature of 21°C and June and July being the coolest months‚ both with an average temperature of 8°C. For what is considered to be fall and winter in the northern hemisphere‚ is spring and summer in the southern hemisphere‚ therefore that is when
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getting a C is the “mark of Cain.” Why is that? A professor from Duke University and a visiting scholar to Stanford University‚ Stuart Rojstaczer‚ asked that same question. After doing his own research‚ he wrote the article “Where All Grades Are Above Average” which analyzes the phenomena that is commonly known as grade inflation in several universities and colleges. Rojstaczer explains‚ “the previous signs of academic disaster‚ D and F‚ went by the wayside in the Vietnam era‚ when flunking out meant becoming
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the direct cost per unit of a product. In a manufacturer’s overheads computation‚ less than full capacity utilization of the plant is factored in to allow for fluctuations in the output. The profit margin is computed as a fixed percentage of the average total cost of the product. Pricing - full cost-plus pricing Full cost plus pricing seeks to set a price that takes into account all relevant costs of production. This could be calculated as follows: Total budgeted factory cost + selling / distribution
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LAW OF DIMINISHING MARGINAL UTILITY: The law of diminishing marginal utility describes a familiar and fundamental tendency of humanbehavior. The law of diminishing marginal utility states that: “As a consumer consumes more and more units of a specific commodity‚ the utility from the successiveunits goes on diminishing”. Mr. H. Gossen‚ a German economist‚ was first to explain this law in 1854. Alfred Marshal later onrestated this law in the following words: “The additional benefit which a person
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Oligopoly From Wikipedia‚ the free encyclopedia An oligopoly is a market form in which a market or industry is dominated by a small number of sellers (oligopolists). Oligopolies can result from various forms of collusion which reduce competition and lead to higher costs for consumers. [1] With few sellers‚ each oligopolist is likely to be aware of the actions of the others. The decisions of one firm therefore influence and are influenced by the decisions of other firms. Strategic planning by oligopolists
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frequency of pap-smear exams for women. The new frequency recommendation was designed to address the family histories of the patients. The optimal frequency should be where the marginal benefit of an additional pap-test: Answer Selected Answer: equals the marginal cost of the test Correct Answer: equals the marginal cost of the test Question 3 5 out of 5 points The flat-screen plasma TVs are selling extremely well. The originators of this technology are earning higher profits. What
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Question 1 The primary objective of a for-profit firm is to ___________. Selected Answer: Correct Answer: 5 out of 5 points maximize shareholder value maximize shareholder value Question 2 5 out of 5 points The flat-screen plasma TVs are selling extremely well. The originators of this technology are earning higher profits. What theory of profit best reflects the performance of the plasma screen makers? Selected Answer: Correct Answer: innovation theory of profit innovation theory
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Capital structure for Kaynat Manufacting is 50% common stock‚ 15% preferred stock‚ and 35% debt. If the cost of common equity for the firm is 19.6%‚ the cost of preferred stock is 12.9% and the before tax cost of debt is 9.5% what is the weighted average cost of capital? The firm’s tax rate is 35%. Answer: WACC = (50% x 19.6%) + (15% x 12.9%) + ( 35% x 9.5% x 65% = Q2: The following are the information of a company: |Type of capital |Book value (Tk) |Market value (Tk)
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Economics 5315 Fall 1999 Managerial Economics Professor Henderson Final Exam 1. The Zinger Company manufactures and sells a line of sewing machines. Monthly demand for one its most popular models is given by the following relationship: Q = 400 – 0.5P where P is price and Q is quantity demanded. Total costs of production (including a “normal” return on owners’ investment) per month are: C = 20‚000 + 50Q + 3Q2 a. Express total profits (() in
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Pellucid Marginal Degeneration is a rare corneal ectatic disorder(PMC). This bilateral‚ non-hereditary ‚ idiopathic disorder is characterized by irregular astigmatism(Collagen cross-linking in the treatment of pellucid marginal degeneration)and thinning of the peripheral cornea in absence of inflammation‚ often affecting the inferior quadrant in a crescentic fashion. The disorder includes an area of corneal protrusion above the point of maximal thinning. This is the hallmark of the disorder and is
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