REVIEW QUESTION SET #1 FOR THE MIDTERM EXAM QUESTION 1 (PRODUCTIVITY) ElectroPlus manufactures electronic components. It has recorded data for the last three years as shown in the table below. ElectroPlus Productivity Data (in millions of dollars) 2009 2010 2011 Sales 220 258 248 Materials 124 146 142 Labor 56 66 56 Overhead 16 24 20 a) Calculate a measure of labor productivity for each year and comment on the pattern. b) Calculate a measure of multifactor productivity for each year using
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to encourage employee participation. Just inserting it into the payroll process did not inform employees sufficiently about the purpose and sponsor of the survey. Advance information to explain the need for gathering their views‚ as well as reassurances about confidentiality and anonymity‚ plus descriptions of how the information would be used are among the many steps that Debbie might have taken to increase the response rate. Knowing that Barbara Tucker‚ general manager of the BIMS operation
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Samantha G Care Ethics Did you ever stop and think long and hard about what type of person you are? Whether you put your needs before the needs of others‚ or if you care for others more than you care for yourself. The word “care” can mean many things. The ethics of care is a normative ethical theory about what makes actions right or wrong. It implies that there is moral significance in the elements of relationships and dependencies in human life. Care ethics normally seeks to maintain
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Economics 500 – Problem Set #3 Consider a firm producing an output Q using the two inputs “labor” (L) and “capital” (K) according to the production function Q = K.5L.5 (i.e.‚ the amount of output produced Q is equal to the square root of K times the square root of L). Suppose that the firm is in a short-run situation in which K is fixed at one unit (K = 1) but labor is variable. Suppose that the user cost of capital‚ r‚ is $48 for each unit of K and that the wage rate‚ w‚ the cost of one unit
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6 5 4 3 2 1 Test 1 PART ONE PAPER 1: READING Answer keys PAPER 1: READING Test 2 Part 1 (questions 1–2) 16 C C A Part 1 You are going to read three extracts which are all concerned in some way with communication. For questions 1 – 6‚ choose the answer (A‚ B‚ C or D) which you think fits best according to the text. Mark your answers on the separate answer sheet. _________________________________________________________________________________ What’s it like being a
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Problem Set – June 11th 1. How does our spatial representation of time constitute an element of consciousness? Jaynes outlines six essential features to consciousness in modern humans. The first is spatialization. This describes the ability to metaphorically construct abstract concepts in a spatial map. For example‚ think about human history from about 1000 AD to today. How did you conceive of this concept? Did you see a timeline running left to right‚ with bullet points for the Norman Conquest
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Answer No. 1 Production possibility curve is a particular form of curve‚ which shows the possibility of production in a particular economy (Gwartney‚ Stroup‚ Sobel‚ Macpherson p.28). In an economy‚ the resources are scarce‚ therefore‚ it is important for the economy to make sure that‚ it keeps a balance between the productions and utilizes its resources appropriately. If the production possibility curve of an economy will move outwards then‚ the long run supply curve will have a positive change
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must set rules and boundaries for the child. These rules are meant to teach the kid right from wrong‚ and appropriate behavior around others. The parent’s responsibility is to make sure that the rules set for the child are not out of place. Some boundaries might include bedtime‚ homework time‚ places that are allowed to go‚ or television time. As a parent‚ I would make sure that those rules I set for my child are deemed appropriate not only by me‚ but other parents as well. Most of my rules would
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Exercise 6-1 Part A (1) Sales 2‚700‚000 Purchases (Cost of Goods Sold) 2‚700‚000 To eliminate intercompany sales of 2011 (2) 12/31 Inventory-Income Statement (Cost of Goods Sold) 487‚500 12/31 Inventory (Balance Sheet) 487‚500 To eliminate unrealized intercompany profit in inventory Exercise 6-2 Reported Net Income- S Company $ 525‚000 Noncontrolling Interest Percentage 0
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drawn from problem sets and exams used in Finance Theory I at Sloan over the years. They are created by many instructors of the course‚ including (but not limited to) Utpal Bhattacharya‚ Leonid Kogan‚ Gustavo Manso‚ Stew Myers‚ Anna Pavlova‚ Dimitri Vayanos and Jiang Wang. Contents 1 Present Value 1 2 Fixed Income Securities 9 3 Common Stock 28 1 Present Value Solutions 36 2 Fixed Income Securities Solutions 43 3 Common Stock Solutions 58 1 Present Value 1. You can invest $10‚000 in
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