Microeconomics Week 4 Homework Chapter 6: #4 An explicit cost is the monetary payment a firm must make to an outsider to obtain a resource. An implicit cost is the monetary income a firm sacrifices when it uses a resource it owns rather than supplying the resource in the market. Say you owned a deli shop. Examples of explicit costs would be the salaries of your employees‚ the cost of the building (electricity‚ plumbing‚ etc.) and all the different ingredients and foodstuffs you need to
Premium Costs Economics Cost
Week 4 Team assignment Prepare a presentation addressing the following: John Describe which area you chose: urban‚ suburban‚ or rural. Describe the local form of government and identify the major elected officials of your selected area. Rural Area A Rural area is a geographic area located outside of cities or towns. It is also classified as encompassing all population‚ housing‚ territory not included within an urban area. Rural areas have a low population density and small settlements. Local
Free City Population Town
Checkpoint Week 4 XECO 212 Checkpoint Week 4 Axia College Material Appendix C Differentiating Between Market Structures Table and Questions Fill in the matrix and describe differences in public and private goods‚ common resources‚ and natural monopolies. Use your book and the Tomlinson video tutorials as a tool to help you answer questions about market structures. | Example | Is there a rival in consumption? | Is it excludable? | Private Good | Salad Bowl | Yes. I paid for it
Premium Goods Public good Economics
contractor’s communications 4 of which LU responded to on the 31/07/2017 conditionally accepting 29 Final account packs with a total value of £110‚118.70 (1% of the total Value of the uploaded accounts)‚ rejected 33 Final account packs with a total value of £4‚862‚956.41 (49% of the total Value of the uploaded accounts). This averages a 115.25 day delay across these four communications (Delay being calculated as the number of days between the final date to respond [Four weeks after the issue date as
Premium Generally Accepted Accounting Principles Balance sheet Revenue
Individual Assignment: Week 4 QNT 561 November 1‚ 2010 Lee Chang Question 5 In the following situations‚ decide whether you would use a personal interview‚ telephone survey‚ or self-administered questionnaire. Give your reasons. a) A survey of the residents of a new subdivision on why they happened to select that area in which to live. You also wish to secure some information about what they like and do not like about life in the subdivision. In this situation I would use a personal
Premium Fortune 500 Telephone Fortune
Homework Assignment Week 4: questions & problems Chapter 13 - Discussion Question # 3‚ page 539: Define aggregate planning – Also known as aggregate scheduling is concerned with determining the quantity and timing of production for the intermediate future‚ often from 3 to 18 months ahead. Chapter 13 - Discussion Question # 5‚ page 539: List the strategic objectives of aggregate planning. Which one of these is most often addressed by the quantitative techniques of aggregate planning? For manufacturers
Premium Management Planning Project management
Week Four Student Guide Although Information systems allow us to gather unprecedented amounts of data‚ implementing them can be a daunting task. This week you are shown the various phases of the systems development life cycle. You will use presentation tools to communicate the business objectives of information systems to managers. Systems Development Life Cycle and Presentation Tools OBJECTIVE: Describe the systems development life cycle. Resources: Ch. 12 & Technology Guide 4 of Introduction
Premium Systems Development Life Cycle Computer network Rapid application development
HSM/220 Week 4 checkpoint Intrinsic and extrinsic motivation 11/14/2013 Intrinsic and extrinsic motivations are the factors that are needed to motivate employees to put fourth their best effort so they can be great at what they do in the work place. Managers strive to achieve a job well done by their employees‚ they must help by making sure they provide the best qualities and work factors to motivate them to do the best they can. In order to be noticed by superiors so they might advance
Premium Motivation
Week 4 Lab: Assessment Worksheet Performing a Business Impact Analysis for an IT Infrastructure Overview Answer the following questions‚ specific to the creation and focus of Business Impact Analysis as well as BCP documentation. Lab Assessment Questions & Answers 1. What is the goal and purpose of a BIA? To identify which business units‚ operations and process are crucial to the survival of the business. A timeframe in which business functionality must be restored
Premium Business continuity planning Risk management
Week 4 Journal - Summarizing ENG 121 Instructor: Clinton Hale November 24th‚ 2014 Summarizing David Foster Wallace’s “Consider the Lobster” is an in-depth 2004 article about the annual Maine Lobster Festival. The event is held every July in an area of Maine known as the mid-coast‚ which Wallace describes as‚ “…from Owl’s Head and Thomaston in the south‚ to Belfast in the north” (Wallace.2004). Throughout the narrative‚ Wallace deftly uses concrete language to bring the reader into the tents
Premium David Foster Wallace Lobster The Reader