Managerial Economics HW #4 (Chapter 5) 1.A firm can manufacture a product according to the production function Q F(K‚ L) K3/4L1/4 a. Calculate the average product of labor‚ APL‚ when the level of capital is fixed at 16 units and the firm uses 16 units of labor. How does the average product of labor change when the firm uses 81 units of labor? Saat (Capital) K = 16 (Labour) L = 16 Q = (16)0‚75(16)0‚25 Q = (8)(2) = 16 APL =Q/L =16/16=1. Saat K= 16 Q= 81 Q = (16)0‚75(81)0‚25 Q = (8)(3)
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Gil (2015) Ch. 6 Q 1: “What are the most important aspects of this reading and why?” The most important aspect of the reading is about Bonita who was a young widow and single mother of three children. Also regarding that the youngest child Carlitos‚ who was diagnosed by his teacher that he had ADHD and needed medication (Gil‚ 2015 p. 96-110). The counselor was able to have Bonita and Carlitos engage in an activity that both of them enjoyed together and may have increased their relationship. The
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Describe the key features of the Stresemann foreign policy in the years 1923-1929 (6 marks). In 1924 Stresemann and Charles G. Dawes created the Dawes Plan. The Dawes Plan reduced annual reparation payments to an affordable amount. It was also agreed that American Banks would invest in German industry. This also improved the trust the allies had in Germany‚ as they were reassured that they would get their reparation payments. In 1925 Stresemann signed the Locarno Pact. This was a treaty between
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BPH – Tut # 2 Fluid Mechanics – University of Technology‚ Sydney – Engineering & IT Tutorial # 2 – Questions and Solutions Q.1 For the situation shown‚ calculate the water level d inside the inverted container‚ given the manometer reading h = 0.7 m‚ and depth L = 12 m. Q.2 (from Street‚ Watters‚ and Vennard) The weight density γ = ρg of water in the ocean may be calculated from the empirical relation γ = γo + K(h1/2)‚ in which h is the depth below the ocean surface‚ K a constant‚ and
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suspicion on abuse you need to be fully aware that is isn’t going to harm the victim even more so. But you do need report this in my case I would report to my senior‚ nurse‚ and manger and if I still wasn’t satisfied then I would report this on to social services‚ safeguarding and CQC. I would make my report in written and date this and keep a copy for evidence. If the report was against an employee or family I would ensure in the meantime that the victim was in a safe environment. 2.2 Explain what
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1.0 Total Quality Define total quality & quality. Total Quality: an approach of doing business that attempts to maximize the competitiveness of an organization through the continual improvement of the quality of its products‚ services‚ people‚ processes‚ and environments Quality: a dynamic state associated with products‚ services‚ people‚ processes‚ and environments that meets or exceeds expectations and helps produce superior value. List the elements of total quality 1. Strategically based: Comprehensive
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Colette Addison The role of the health and social care worker Outcome 1. 1. A working relationship differs from a personal relationship in lots of ways. Firstly working relationships are formal‚ with policies and procedures put in place to protect everyone involved. They are bound by a contract of employment and have codes of practice that must be adhered to. In a working relationship professionalism and responsibility are foremost in your job role. Other things such as trust‚ communication and encouragement
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Kimberly Nelson Slingerland 4th block 9/13/14 The Gilded Age Essential Question The US was founded by immigrants. With the exception of Native Americans‚ every US citizen was an immigrant‚ or had forebears who immigrated to the US‚ whether by force or free will. From the 1850’s to the 1870’s‚ about two-million settlers predominantly from Northern and Western Europe immigrated to the US. These people are known as the “Old Immigrants”. The immigration peak in the US lasted from 1880-1920. During this
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Mock Exam Questions Set 1 1. Identify and briefly describe the three forms of the efficient market hypothesis. The three forms of the efficient market hypothesis (EMH) are: The weak form. The weak form asserts that current stock prices fully reflect all available security market data The semi strong form. The semi strong form of the EMH asserts that public security prices fully reflect all information (including security market data). The strong form. The strong form of the EMH asserts that
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Fat Pooper Chapter 16 Question Responses 1) If Lincoln had lived‚ the events and outcomes of Reconstruction probably would have been substantially different. For example‚ the White House wanted a minimal Reconstruction policy where as Congress wanted a radical Reconstruction policy. Neither of these policies were like the one Lincoln wanted so obviously the outcome was different because of this. Also‚ Lincoln would have been much kinder to the South as they came back into the Union because he
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