Questions for Critical Thinking 4 Salvatore’s Chapter 8: a. Discussion Questions: 2 and 10. 2. (a) What is the distinction between marginal cost and incremental cost? (b) How are sunk costs treated in managerial decision making? Why? (a) Maringal cost is the change in total costs or in total variable costs per unit change in output (Salvatore‚ 2012‚ pg. 718). The main reason to determine marginal cost is to gain understanding and knowledge of when a company reaches economics of scale. However
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Questions For Critical Thinking 7 BUSI 620 Salvatore’s Chapter 14: a. Discussion Questions: 12 and 15. b. Problems: spreadsheet problems 1 and 2. Note: 1. Spreadsheet problem 1: Use table 14-4 as reference. 2. Spreadsheet problem 2: Use tables 14-5 and 14-6 as reference. Discussion Question 12: What is the rationale behind the minimax regret rule? What are some less formal and precise methods of dealing with uncertainty? When are these useful? The rationale behind the minimax regret
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The main goal of capitalism is to produce goods and services to make a profit. In order to produce goods and services‚ they need three things: capital (tools used to make things)‚ labour‚ and resources. Critical Thinking Questions 1. How do your financial choices impact the economy? Trace the impact of your financial decisions. Our financial choices impact the economy like a ripple. If a business gets shut down and everyone loses their job‚ then they can’t take taxes
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Review Questions 1. What is communication? How does communicating relate to parenting? Communication is any sharing of meaning between two or more people. Communicating is important to positive parenting. It helps parents guide and understand their children. 2. How can financial issues affect parenting? Financial issues cause parents to spend less time together with their kids dues to extra hours spent working. Parents become tired‚ anxious and frustrated. This can create negative interaction
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Critical and Creative Thinking Questions Week 2 1) Sensation and perception are closely linked. What is the central distinction between the two? Sensations can be defined as the passive process of bringing information from the outside world into the body and to the brain. The process is passive in the sense that we do not have to be consciously engaging in a "sensing" process. Perception can be defined
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Chapter 8 Joints & Skeletal Movement Classification of joints is by functional group (the amount of movement possible)‚ and structural group (how the bones are held together). Functional Group Structural Group Fibrous (bones connected by short‚ fibrous filaments) Cartilagenous (bones connected by cartilage) Synarthrosis (immobile) Suture Amphiarthrosis (slight movement) Syndesmosis cranium -carpal/tarsal bones‚ -btwn radius & ulna Diarthrosis (free mobility) Gomphosis joint btwn teeth & maxilla/mandible
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Critical thinking and discussion question Question 2 What are the economic and political arguments for regional economic integration? Given these arguments‚ why don’t we see more substantial examples of integration in the world economy? Unrestricted free trade allows countries to specialize in the production of goods and services that they can produce most efficiently. If this happens as the result of economic integration within a geographic region‚ the net effect is greater prosperity
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something wrong he will let me know and show me the right path. 3. The chapter mentions a few misconceptions people often have about who God is. Identify and explain two of these. Do you identify with any of these? If so‚ how?
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Critical and creative thinking questions What are the major sources of stress in your life? I think the four major sources of stress in my life would be money being number one. This is because I am an international student who moved from Hong Kong to America. Having doing this I had to learn how to manage my own money for example rent‚ bills ‚ and also enough for entertainment. When I was living in Hong Kong with my family I didn’t have to worry about all these factors so it came easy to me.
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Closing Questions We know there is no dumb question but there are good‚ better and best questions. And we should make a point to be asking ourselves the best questions we can daily. Here are a few soul searching questions: • Which do you believe is worse‚ failing or never trying? • We say life is short‚ so‚ why do we do so many things we don’t like and miss out on so many things we do like? • Robert Kiyosaki tells us‚ “Don’t waste a good mistake…learn from it.” If mistakes are learning grounds
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