Problem Set Seven Solutions Chapter 9 1. Two car manufacturers‚ Saab and Volvo‚ have fixed costs of $1 billion and constant marginal costs of $10‚000 per car. If Saab produces 50‚000 cars per year and Volvo produces 200‚000‚ calculate the average fixed cost and average total cost for each company. On the basis of these costs‚ which company’s market share should grow in relative terms? Answer: Average total cost is average fixed cost plus marginal cost: ATC = FC/Q + MC. Volvo’s average fixed cost
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Quiz. Evaluate the following problems. Show your solution and encircle your final answer. 1. In a 25-kVA‚ 2000/200 V‚ single phase transformer‚ the iron and full load copper losses are 350 W and 400 W respectively. Calculate the efficiency at unity power factor on a) full load‚ b) half full-load. 2. If P1 and P2 be the iron and copper losses of the transformer on full load‚ find the ratio of p1 and P2 such tat maximum efficiency occurs at 75% full load. 3. A 5-kVA‚ 2300/230 V‚ 50 Hz transformer
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Solution sto Chapter 2 Problems Accounting Judgements Questions 1. Accounting principles include: (a) Underlying assumptions – basic underlying assumptions that make accounting possible. (b) Qualitative criteria – standards to judge policy choices in conjunction with reporting objectives. (c) Measurement methods – ways to measure results and financial position. 2. The importance of establishing a document such as the IASB’s Framework is that this material helps standard setters when
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SOLUTIONS Financial Management Seminar + Homework‚ Week 5 1. Starware Software was founded last year to develop software for gaming applications. Initially‚ the founder invested $800‚000 and received 8 million shares of stock. Starware now needs to raise a second round of capital‚ and it has identified an interested venture capitalist. This venture capitalist will invest $1 million and wants to own 20% of the company after the investment is completed. a. How many shares must the venture capitalist
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There are about 3 million car-related injuries a year‚ 2 million permanent injuries and 40‚000 deaths in the U.S. each year. The Department of Transportation’s statistics indicate that accidents are generally related to irresponsible driving behavior. About 40% of fatalities are related to drinking and driving‚ 30% to speeding and about 33% from a car going off the road. Seat belt use is only at about 68% nationally‚ despite it being a highly cost-effective means to prevent fatalities and serious
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22. Project NPV Hindustan Motors has been producing its Ambassador car in India since 1948. As the company’s website explains‚ the Ambassador’s “dependability‚ spaciousness‚ and comfort factor have made it the most preferred car for generations of Indians.” Hindustan is now considering producing the car in China. This will involve an initial investment of RMB 4 billion.14 The plant will start production after one year. It is expected to last for five years and have a salvage value at the end of
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Social Problem of the Industrial Age How was the Social Problem addressed during the Industrial Age (social movement‚ law‚ etc.)? Was the Social Problem addressed successfully? Be sure to support your opinion with evidence from the lesson or your research. Is the Social Problem still an issue today? How? Child Labor Social Reformers like Mother Jones addressed the fact of Child Labor This Social Problem was addressed Successfully‚ through groups and speakers‚ they talked to the public‚ addressing
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We feel money and power can bring happiness and solve problems but they are not definite causes of those desired states .If that were so‚it would follow that those who have wealth would always be happy and those who do not would always suffer. Money and power facilitate‚but it is clear that they are not the primary causes of happiness and solving our problems.It is justified for us to make material and financial development for building our nation but inner development is also important.What will
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Name: Period: Date: Electrostatics: Electric charges and Coulomb’s Law problems I I. Answer the following problems. 1. Calculate the electric force between two point charges of 4.00 µC and 3.00 µC when they are 2.00 cm apart. 2. Two points of equal charge produce an electric force on each other of 3.40x10 -2 N when placed 0.100 m apart. What is the charge on each point? 3. How far apart are two point charges of 2.0x10-6 C and 4.0x10-6 C if they produce an electric force of 0.56
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to be done about it. This high pregnancy rate in teenagers is in fact a major problem‚ because teenagers are not responsible enough to raise a baby. There are many possible solutions to prevent teenage pregnancy like discouraging early dating‚ abstinence‚ and using birth control and condoms. Although there are all these possible solutions the pregnancy rate is still very high. So we need to evaluate the possible solutions and pick the best one to grow on to help lower the teenage pregnancy rate. What
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