| Output of parts(Q‚ hundreds of parts) | Average product (Q/L) | Marginal product(∆Q/∆L) | 0 | 5 | 0 | - | - | 1 | 5 | 49 | 49 | 49 | 2 | 5 | 132 | 66 | 83 | 3 | 5 | 243 | 81 | 111 | 4 | 5 | 376 | 94 | 133 | 5 | 5 | 525 | 105 | 149 | 6 | 5 | 684 | 114 | 159 | 6.666 | 5 | 792.59 | 118.90039 | 163.048048 | 7 | 5 | 847 | 121 | 162.9041916 | 8 | 5 | 1008 | 126 | 161 | 9 | 5 | 1161 | 129 | 153 | 10 | 5 | 1300 | 130 | 139 | 11 | 5 | 1419 | 129 | 119 | 12 | 5 | 1512 | 126 |
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Chapter 6‚ Problem 1 1. Assume Yn =11‚600‚ t=0.2 and G=2610 (a) Compute the amount of taxes at natural real GDP The amount of taxes at the natural real GDP is .2 x 11600=2320 (b) Explain why there is a natural employment deficit. Compute the amount of the natural employment deficit in terms of both billions of dollars and as a percent of natural real GDP. Because based on the information in the question and answer to part A: 2320‚ we see that taxes(money coming in) is less than government
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Chapter 4 Critical Thinking‚ pg 155 1.A visiting American executive finds that a foreign subsidiary in a poor nation has hired a 12-year old girl to work on a factory floor‚ in violation of the company’s prohibition on child labor. He tells the local manager to replace the child and tell her to go back to school. The local manager tells the American executive that the child is an orphan with no other means of support‚ and she will probably become a street child if she is denied work. What should
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Chapter six begins with the night Dill leaves Maycomb‚ we know school is coming soon and Scout and Jem are sad to see Dill go. As Scout put so bluntly; “ “We’re gonna miss you‚ boy.” I sad” (Harper Lee pg.51). During this chapter an important event takes place. Jem‚ Dill‚ and scout sneak over to the Radley place and are frightened by the shadow that they see in the window shutter‚ they run away and Jem loses his pants on the gate! Nathan Radley had scared them away by shooting a shotgun. They tell
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1. Solution of ‘what to produce’: What to produce means what commodities and what quantity of each chosen commodities will be produced and in what quantity is decided by what buyers prefer to buy. The preference of the buyers affects equilibrium prices of goods. The equilibrium prices serve as guide to firms to decide which commodities and what quantity of different goods is produced. In a free market economy firms want to maximize profits. Those commodities will be produced more whose demand is
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Jason Crenshaw 09-09-2013 Marriage and Family Development Outline Chapters 6 & 7 Chapter 6: Romance‚ Love and Loving Relationships. Loving and Liking Love as both as emotion and a behavior 1. Self-Love 2. Friendship Love and Friendship 1. Enjoyment 2. Acceptance 3. Trust 4. Respect 5. Mutual support 6. Confiding 7. Understanding 8. Honesty What is Love? Love is an elusive concept. Characteristics of Love 1. Love is Multifaceted 2. Love is based on respect 3. Love is often demanding Caring‚ Intimacy
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Chapter 9 Practice Problems S9-2. Asset Market Value Percentage of Total Value × Total Purchase Price = Assigned Cost of Each Asset Land $ 80‚000 $80‚000 / $160‚000 = 50% × $150‚000 = $ 75‚000 Building 60‚000 $60‚000 / $160‚000 = 38% × $150‚000 = 57‚000 Equipment 20‚000 $20‚000 / $160‚000 = 12% × $150‚000 = 18‚000 Total $ 160‚000 100% $ 150‚000 Date Accounts and Explanation Debit Credit Land 75‚000 Building 57‚000 Equipment 18‚000 Notes Payable 150‚000 To record
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Chapter 6) * Direct Marketing: A marketing system for developing products‚ sending messages directly to consumers‚ and accepting orders through a variety of media‚ and then distributing the purchase directly to consumers. * Direct response advertising: Advertising placed in a medium that generates an immediate and measurable response from the intended market. * Direct Mail: A printed form of direct response advertising distributed by Canada Post or independent delivery agents.
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Purpose Writers in the workplace frequently have to describe things--objects‚ mechanisms‚ and spaces. Descriptions of things have several purposes: to enable readers to understand how something works‚ how it is made or what materials it contains‚ or to understand how to put something together‚ take it apart‚ repair it‚ etc. Choosing a subject Choose an object‚ mechanical device‚ or space with at least four distinct parts. The thing you describe can be any manufactured product‚ preferably one
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Quantitative Problems Chapter 11 Ebay‚ Inc. went public in September of 1998. The following information on shares outstanding was listed in the final prospectus filed with the SEC1. In the IPO‚ the Ebay issued 3‚500‚000 new shares. The initial price to the public was $18.00 per share. The final first-day closing price was $44.88. 1. If the investment bankers retained $1.26 per share as fees‚ what was the net proceeds to Ebay? What was the market capitalization of new shares of Ebay? Solution: Net
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