COURSE : ECONOMICS EXAMINATION : APRIL 2011 QUESTION 1 A) What is market equilibrium? With the aid of a diagram‚ explain how it is determined? (4marks) Answer: Market equilibrium is a situation in which the supply curve of an item is exactly equal to its demand curve. Since there is neither surplus nor shortage in the market‚ price tends to remain stable in this situation. Price D S E P S D 0 Q
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Letter of Inquiry – Training Program July 2‚ 2008 Mr. Rodrigo Rivera Personnel Director Technote Corporation 3152 Bridge Avenue Boston‚ MA 02154 Dear Mr. Rivera: May I ask a favor of you? Randy del Rosario‚ a representative of the Leverage Company‚ recently told me of your success in managing Technote’s training program for the hardcore unemployed. Our firm is presently planning such a program‚ and we would appreciate information about the mind-set section of your program. We expect to
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The sole proprietorship is the simplest form of business organization. A sole proprietorship is a business that is owned by an individual who is solely responsible for all aspects of the business. The owner is personally responsible for all debts of the business‚ even in excess of the amount invested. The business and its owner are thus considered the same entity. The advantages of a sole proprietorship include: a. Low start up costs‚ as legal and filing fees are at a minimum. However‚ many
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BIS261: Final Exam Study Guide Exam Structure Class‚ the Final Exam consists of the following: • 42 Questions worth 250 points‚ which breaks down as follows: o 34 Multiple-Choice questions @ 5 points each o 8 Essay questions @ 10 points each • There are four pages in the exam. • Covers all of the reading assignments for the course: o Chapters 1-5‚ 7‚ and 16 from the textbook o International Association of Facilitators Basic Facilitation Primer o The articles from the DeVry University
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saved as a(n) __________ file. a. .html b. .xml c. .ext d. .css 3. A(n) __________ statement must be inserted into all Web pages in which you want to use an external style sheet. a. index b. connect c. link d. attach 4. All of the following are types of CSS‚ EXCEPT: a. embedded. b. inline. c. dynamic. d. external. 5. A __________ is a rule that defines the appearance of an element on a Web page. a. style b. view c. format d. cascade 6. A style __________ is a series of rules that defines the
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services or undertake a new business endeavor. The purpose of a feasibility study is to determine if a business opportunity is possible‚ practical and viable. When faced with a business opportunity‚ many optimistic people tend to focus on just the positive aspects. A feasibility study enables a realistic view at both the positive and negative aspects of the opportunity. A feasibility study is an important tool for making the right decisions. A wrong decision often leads to business failure. For example
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governed by special laws. A proprietorship is a type of business entity which legally has no separate existence from its owner. Hence‚ the limitations of liability enjoyed by a corporation and limited liability partnerships do not apply to sole proprietors. All debts of the business are debts of the owner. The single proprietor has unlimited liability since creditors of his business may proceed not only against the assets and properties of his business but also after his own personal assets and properties
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Question 1: (1) Ten multiple choice questions. When a firm’s investment decisions have different consequences for the value of equity and the value of debt‚ managers may take actions A) that benefit shareholders at the expense of debt holders. B) to decrease costs of distress. C) to reduce fixed costs. D) to increase debt values. (2) Which of the following is NOT an advantage of private debt over public debt? A) B) C) D) It does not dilute the ownership of the firm. It has to have interest
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American Government Review for the Final Exam 1.What is the Incorporation Theory? The protections of the Bill of Rights applies to state governments through the 14th amendment’s due process clause Gitlow v. New York- 14th amendment protected freedom of speech 2.What are the three prongs of the Lemon Test? 1. Must serve secular purpose 2. Must serve a primary effect that neither advances nor inhibits religion 3. Must foster no excessive entanglement between church and state 3.Who developed
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Business Writing Portfolio XCOM/285 Essentials of Managerial Communication Business Writing Portfolio Reflection Business writing is important with a company to ensure effective communication to all individuals involved. I write business letters all day long and implement these techniques on a daily basis but I often use the wrong type of communication internally. It is important to consider your reader when composing your communication and what type of information is necessary
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