Problem Set 2 Complete all questions listed below. Clearly label your answers 1. What impact would a change that shifts an economy’s production possibilities curve outward have on the long run aggregate supply curve? How have improvements in computer technology affected production possibilities and the long run aggregate supply curve? Explain Answer: Growth of population and the labor-force participation rate Capital accumulation Improvements in technology 2
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Calculate the budgeted cost of trophies and plaques if Tarquin allocated overhead costs in each department using activity-based costing. 4. Explain how the disaggregation of information could improve or reduce decision quality. Problem E 1 Overhead rate = Total overhead 56‚346 0.712113744 71.211% Total Direct costs $79‚125 Tarquin’s Trophies Budgeted Information For the Year Ended November 30‚ 2011 Forming Department Trophies Plaques Total Direct materials
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CS578/STAT590: Introduction to Machine Learning Fall 2014 Problem Set 1 Joon Hee Choi Handed In: 09/14/2014 Review Questions 1. 2. 3. • ∂f ∂x = 6x − y − 11‚ ∂f ∂y • ∂f ∂x = 6x − y − 11 = 0‚ = 2y − x ∂f ∂y = 2y − x = 0 ⇒ x = 2‚ y = 1 ⇒ (x‚ y) = (2‚ 1) • (a) n = 2 w1 x1 and x = . Then‚ w2 x2 wT x + b = w1 x1 + w2 x2 + b = 0 ⇒ −x1b + Let w = w1 x2 − wb =1 2 (b) n = 3 w1 x1 Let w = w2 and x = x2 . Then‚ w3 x3 T w x + b = w1 x1 + w2 x2 + w3 x3 + b = 0 ⇒ −x1b + −x2b
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PROBLEM SET 4 1) Consider the following utility functions‚ where W is wealth: (a) U (W ) = W 2 1 (b) U (W ) = W (c) U (W ) = −W (d) U (W ) = W (e) U (W ) = ln(W ) (f) U (W ) = W 1−γ ‚ with γ = 2 1−γ How likely are each of these functions to represent actual investor preferences? Why? 2) Suppose investors have preference described by the following utility function with A > 0: U = E(r) − 1 Aσ 2 2 Each investor has to choose between three portfolios with the following characteristics:
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Exercises and Problems - Week 6 XACC/291 12/21/2014 Exercises and Problems - Week 6 Before After After Action Dividend Stock Split Stock holders’ equity Paid in capital Common stock‚ $10 par $ 600‚000 $630‚000 $600‚000 Paid in capital in excess par value $0. $12‚000 0 Total paid in capital $600‚000 $642‚000 $600‚000 Return earnings $900‚000 $858‚000 $900‚000 Total stock holders’ equity
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Problem Set 3 for Group 3 ZHAO XUAN 13103465D CHAN YUET CHING 13087084D ZHOU YONG MEI 13102452D Question 1 Exporting used batteries to Mexico Lead US High standard Mexico Weak law and control $0.05 per pound $0.42 per pound Business ethics the accepted principles of right or wrong gov erning the conduct of individuals engaged in business activities 1 (a) Are US companies that export used batteries to Mexico and follow local regulations in their acting in a socially and ethically
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Problem Set 1 Ben Polak‚ Econ 159a/MGT522a. Four Questions due September 19‚ 2007. 1. Strictly and Weakly Dominated Strategies? What is the de nition of a strictly dominated strategy? What is the de nition of a weakly dominated strategy? Give an example of a two-player game matrix where one player has three strategies‚ one of which is strictly dominated; and the other player has three strategies‚ one of which is weakly (but not strictly) dominated. Indicate the dominated strategies. 2. Iterative
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Econ 122B Problem Set 3 Name(Print)______________________ Due in class on March 3 UCI ID____________________________ 1. In class‚ we have talked about the following simple wage equation wage female u ‚ where female is a dummy that is equal to 1 if female‚ and 0 otherwise. Given the OLS estimates ˆ and ˆ for the above model‚ what are the OLS estimates for a model with a
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Problem Set #2 Ec 370 Summer‚ 2013 Michigan State University M. Naretta 1. Another popular sport on SASN is One-out‚ Two-base baseball. In this sport there are‚ obviously‚ two bases: home and 2nd. The batter hits the ball and runs to 2nd. If he or she (it’s a co-ed sport) gets a hit‚ then the batter is on second. If it’s an out‚ then the inning is over and the other team gets to bat. Suppose that it’s a hit. Then the next batter bats with a runner on 2nd base. If that
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storage costs are 6%‚ and the risk costs are 10%. The average inventory is $300‚000‚ and 6000 orders are placed in a year. What are the annual ordering and carrying costs? Annual ordering cost = $75‚000+($25 * 6000) = $225‚000 Annual carrying cost: .08+. 06+. 10 = 24% Annual carrying cost = 300‚000 * .24 = $72‚000 9.8) Given the following data‚ calculate a level production plan‚ quarterly ending inventory‚ and average quarterly inventory. If inventory-carrying costs are $6 per unit per quarter
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