achieve the outcome of marginal revenue is equal to the marginal cost. However‚ the profit still can be maximized when marginal revenue is larger to marginal cost while these two quantities are very close to each other. As a result‚ the profit is maximized when Peter serves 6 members and the price charged by him is $300. 6.2b It is asked whether the profit can be increased if peter set two different prices to two groups which are adults and children group. If yes‚ what are the
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Student Name: Grade: Problem Set 1-A For National Income Accounting and the Balance of Payments Multiple Choice Questions (Please read all the choices) (Each question is 3 points) Mark the correct answer 1) Which one of the following statements is the most accurate? A) GNP plus depreciation is called net national product (NNP). B) GNP less depreciation is called net national product (NNP). C) GNP less depreciation is called net factor product (NFP). D)
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Beer’s Law Problem Set Spring 2013 1. Calculate the absorbances corresponding to the following values of the percentage of transmitted light: (Provide your final answer with three decimal places) a. 95% b. 88% c. 71% d. 50% e. 17.5% f. 1% 2. A solution of a compound (1.0mM) was placed in a spectrophotometer cuvette of light path 1.05cm. The light transmission was 18.4% at 470nm. Determine the molar extinction coefficient. Include units in your answer. 3. The molar extinction coefficient of reduced
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involved in pursuing a career in theatre‚ but my experience in this field has shown me that these are qualities I possess. My ultimate ambition is to be a scenic designer‚ but the whole process of creating a production inspires me‚ from the initial decision for a play right up until the last curtain falls.The thing that attracts me to theatre is that it is a very diverse subject‚ combining soft skills such as interacting with the director and the team‚ with art‚ creativity and “hands on” work to create
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one thing‚ a universal healthcare system in the United States. It has occupied the minds of politicians and Americans day and night. Debates and speeches on this topic have taken over rallies‚ city council meetings‚ and more than one State of the Union Address. These debates are heating with concerns of increase taxes‚ decrease salaries for doctors‚ and the ethical question of whether or not healthcare is a basic right for all people or a privilege only to be held by those who can afford it. Understanding
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When Oliver North was asked to explain why he lied to congressional committees about his role in the Iran-Contra affair‚ he replied‚ "Lying does not come easily to me. But we all had to weigh in the balance the difference between lies and lives." Elsewhere in his testimony‚ North was asked about the false chronology of events he fabricated when preparing a summary of the government’s involvement in arms sales to Iran: Questioner: . . . You have indicated that. . . in your own mind . . . it was a
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. ‚ xn ) where each xi ∈ Si ‚ Si being a finite set • The solution is based on finding one or more vectors that maximize‚ minimize‚ or satisfy a criterion function P (x1 ‚ . . . ‚ xn ) • Sorting an array a[n] – Find an n-tuple where the element xi is the index of ith smallest element in a – Criterion function is given by a[xi ] ≤ a[xi+1 ] for 1 ≤ i < n – Set Si is a finite set of integers in the range [1‚n] • Brute force approach – Let the size of set Si be mi – There are m = m1 m2 · · · mn n-tuples
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centrally planned systems to accomplish that goal. The result has been universal coverage that delivers excellent quality outcomes at lower costs than the United States. In some countries‚ such as England and Canada‚ the government controls both financing and certain aspects of healthcare delivery‚ while in others‚ including Australia‚ Sweden and Germany‚ the system is publically funded‚ but with the majority of the medical care privately delivered. In sharp contrast‚ the United States provides
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Answers Fundamentals Level – Skills Module‚ Paper F7 (INT) Financial Reporting (International) 1 (a) December 2008 Answers Pedantic Consolidated income statement for the year ended 30 September 2008 $’000 98‚000 (72‚000) ––––––– 26‚000 (3‚000) (7‚600) (500) ––––––– 14‚900 (5‚400) ––––––– 9‚500 ––––––– Revenue (85‚000 + (42‚000 x 6/12) – 8‚000 intra-group sales) Cost of sales (w (i)) Gross profit Distribution costs (2‚000 + (2‚000 x 6/12)) Administrative expenses
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1. Be able to set performance targets to meet strategic objectives 1.1. It is important to set performance targets‚ for both the team and the individual will ultimately contribute to the organisation’s strategic objectives. The organisational objectives are the vehicle that drives the organisation forward‚ without which teams and individuals do not know what to do. Barking & Dagenham College has 8 strategic objectives‚ outlined in figure 1‚ and it is the responsibility of all teams within the
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