Aqsa Kiran Prof. Moinul Islam 7th Feb‚ 2015 Intermediate Microeconomics PPE-3100 Home Work -1 1. Suppose a teenager has $20 and likes both rap music (R) and country music (C) with a set of preferences so that U = C1/2R1/2. Suppose that the iTunes price of a rap music song is and the price of a country music song is. Find optimum levels of R and C. What is the greatest level of affordable utility (Use Lagrange method)? U = C^1/2 R ^1/2 Constrain = Pc +PR = 20 Applying Lagrange Method
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Production–possibility frontier In economics‚ a production–possibility frontier (PPF)‚ sometimes called a production–possibility curve‚ production-possibility boundary or product transformation curve‚ is a graph that compares the production rates of two commodities that use the same fixed total of the factors of production. Graphically bounding the production set‚ the PPF curve shows the maximum specified production level of one commodity that results given the production level of the other. By
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1. | | Discuss the major principle that describes recording revenues.The revenue recognition principle states that we record revenue in the period in which we earn it. | | | 2. | | Discuss the major principle that describes recording expenses.The matching principle states that we recognize expenses in the same period as the revenues they help to generate. | | LO1 | 3. | | Samantha is a first-year accounting student. She doesn’t think it matters that expenses are reported in the same
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Liquidated:An Ethnography of Wall Street – Ch. 3 How is shareholder value constructed? How were leveraged buyouts supposed to save Wall Street institutions? On what ground could you be critical of this thinking? In Chapter 3 of Liquidated‚ Ho talks about the historiographies of Wall Street and the shareholder value revolution and it’s equivocal affects on various Wall Street players in the 1990’s. Ho introduces the issue of shareholder value by defining it as a concept that has become a part
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The Impact of the Leo Frank Case The Impact of the Leo Frank Case The case of Leo Frank was one that had a huge impact on American society‚ and has lead to many changes in the United States legal system. The rape and murder of Mary Phagan‚ a thirteen-year-old girl who worked in the National Pencil Factory in Atlanta‚ Georgia‚ was an event that terrified and enraged the citizens of the state. Leo Frank‚ superintendent of the pencil factory‚ was the man who was convicted of the heinous crime
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Chapter 1: The plot begins with a utopian society of sorts that exemplifies perfection and every living thing existing in agreement. Flourishing ranches encompassed the town described by Rachel Carson and phenomenal vegetation. The Spring in this town was an absolute beauty. A drastic change suddenly overcomes the image and poisons the life. People and animals begin to become sick as a result of environmental destruction from toxins. Chapter 2: The trend of humans harming their environment has
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Subsection Question 2 1 / 1 point A plan orchestrated by the top management of an organization is usually called a(n): **strategic plan. tactical plan. specific plan. objective plan. View Feedback page 111 Subsection Question 3 1 / 1 point Successful strategic management involves managers at: top level. middle level. supervisory level. **all levels. View Feedback page 112 Subsection Question 4 1 / 1 point The part of strategic management that focuses
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Analyzing the Monopolistic Competition of the Retail Industry Understanding the Terms Symbol = a code comprised of letters used as a unique identification of the stock 52 week High = the highest price reached during the last 52 weeks 52 week Low = the lowest price reached during the last 52 weeks Dividend = taxable payment declared by a company’s board of directors & given to its shareholders out of the company’s current/retained earnings Dividend Yield = yield
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(202) 687-3600 interview Georgetown University Office of Undergraduate Admissions White Gravenor Room 103 37th & O Streets NW Washington‚ DC 20057-1002 Saint Louis University Office of Admission One North Grand Blvd. St. Louis‚ MO 63103 short essay about 150 words Why are you interested in Saint Louis University? Tell us about where you grew up and how that has helped shape you into the person you are today. How do you see yourself living SLU’s Jesuit mission throughout your college
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Chapter 3 Probability True/False 1. A contingency table is a tabular summary of probabilities concerning two sets of complementary events. Answer: True Difficulty: Medium 2. An event is a collection of sample space outcomes. Answer: True Difficulty: Easy 3. Two events are independent if the probability of one event is influenced by whether or not the other event occurs. Answer: False Difficulty: Medium 4. Mutually exclusive events have a nonempty
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