Marginal Revenue: Marginal Revenue can be termed as the change in the total revenue from an additional unit that is sold by a firm. Example‚ the total revenue when 10 units are sold is $50‚ and total revenue when 11 units are sold is $55. Marginal Revenue in this case will be (55-50)/(11-10) = $5. One can compute the total revenue if the marginal revue and the number of units sold. If the marginal revenue of a product is zero than the total revenue will not change with an increase in the number
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Running Head: JNT Task 1– Instructional Design Analysis Instructional Design Analysis Western Governor’s University February 4‚ 2014 Instructional Problem I have recently noticed an instructional problem in the elementary school that I work at. Several of the teachers seem to have problems aligning their instruction with the curriculum they teach. I have witnessed numerous times‚ teachers incorporating activities into lessons that don’t even relate to the
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between marginal cost (MC) and marginal revenue (MR) is fairly easy to see‚ marginal cost is the extra cost from the production on one or more units of a particular item verses marginal revenue is the change in total revenue from the sale of one or more units of a particular item. There is a principal that explains the relationship between the two best called the MR=MC rule‚ which states “that a firm will maximize its profit (or minimize its losses) by producing the output at which marginal revenue
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Candidate’s name Phone no. Assessor’s name Phone no. Assessment site Assessment date/s Time/s The assessment task is due on the date specified by your assessor. Any variations to this arrangement must be approved in writing by your assessor. Submit this document with any required evidence attached. See specifications below for details. Performance objective In this assessment task you are required to review and evaluate marketing opportunities for an organisation and develop marketing activities
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References: 1. Ralph Estes Dictionary of Accounting (MIT‚ Cambridge‚ 1981‚ p. 105)
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TASK 1 To be able to complete Task 1 in 20 minutes or less‚ write your answer according to the following plan: 1. Write one sentence to introduce the subject and graphic. 2. Write one or two sentences to show the relationship between the data or to comment on the main trend. 3. Write an in-depth description of the information given. Include details from the most important to the least important‚ depending on time. 4. Write one sentence to conclude your answer. Pie Chart
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670‚000 units per year Ordering Costs (Co) = $320 per order Per Unit Cost of inventory = $375 Holding cost rate = 5.5% Holding cost (Ch) = $375 (5.5) = $20.62 *Holding cost is the per unit cost of inventory multiplied by the holding cost rate Step 1: Input variables into the equation Step 2: Follow mathematical order of operations: simplify and solve for numerator 2(670000)(320) = 428800000=20795344.3258972 Step 3: Follow mathematical order of operations: Divide numerator by denominator 428800000/20
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Running head: YJY Task 1 Part C 1 Application of Effective Communication – YJT Task 1 Part C Sonya Hammons Western Governors University YJT TASK 1 PART C 2 Application of Effective Communication – YJT Task 1 Part C Possible Audience Questions 1. Question: Does my soap have to be anti-bacterial soap? Response: No. In fact‚ some researchers believe that the over use of anti-bacterial soaps is contributing to the occurrence of anti-biotic
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stations‚ with appropriate tasks in each station to produce the required work boots. A1. Justification The assembly line is budgeted to produce six work boots in a 40 hour week. This is equivalent to 480 minutes of production time in one eight hour day. The line can make 48 boots in an eight hour shift. This leaves a cycle time per boot of 10 minutes. In order to figure how many workstations are appropriate for the cycle time of 10 minutes‚ I calculated the total task time of the boots by the cycle
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1 LITI Task 1 Business Organizations Sole Proprietorship A sole proprietorship is owned by one person that runs the business. No formalities are necessary since the business is not owned by anyone else. There are some advantages and disadvantages of owning a sole proprietorship. One advantage is that the business can be closed down at any time and any financial obligations can be paid off. Another advantage is that the business has no boss‚ partner‚ or board of directors to answer to. One
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