Graphing Practice Name ___RaeAnne Phillips________________________________ Date __________ ▪ Save this file as a WORD document with a new name (LastNameGraph1) ▪ Use Create a Graph (http://nces.ed.gov/nceskids/graphing/) to graph the following data sets. ▪ Copy and paste the graphs AFTER each data set. ▪ Answer the questions AFTER each graph. ▪ Save Frequently! ▪ Email me (mruthenberg@findlaycityschools.org) the finished document. 1. Baby chickens‚ like all baby birds‚ require a constant
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equal to average cost‚ a. the firm shuts down as there is no profit b. the firm shuts down as the variable costs cannot be covered c. Continues to operate in the short run d. The firm shuts down as it cannot cover its fixed e. The firm shuts down if the price is lower than average variable cost 4. Which of the following would shift a firms short run average cost upward a. An advance in technology b. An increase in wages c. An increase in demand for the product d. Reduction in excise taxes
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Assignments Part A – Microeconomics Question 1: (a) Explain the impact of external costs and external benefits on resource allocation; (2.5 marks) The external cost and external benefit is a cost or benefit imposed on people other than the consumers and producers of a good or service. External cost is negative and may be detrimental to the third party‚ conversely‚ external benefits is positive and beneficial to third party. Because of this concept‚ it will effect resource allocation
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The dissolved oxygen is measure in units of ppm—or parts per million. Examine the data in Table 2 showing the amount of dissolved oxygen present and the number of fish observed in the body of water the sample was taken from; finally‚ answer the questions below. Table 2: Water quality vs. fish population Dissolved Oxygen (ppm) 0 2 4 6 8 10 12 14 16 18 Number of Fish Observed 0 1 3 10 12 13 15 10 12 13 1. Based on the information in Table 2‚ what patterns do you observe
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for community development sort of makes it a social business. SWOT Analysis of Bolaven Farm: Strength: Cheap labor‚ business with social cause‚ premium grade coffee‚ organic certified coffee‚ 75% of people are farmers Weakness: The business is oligopoly. So‚ it’s difficult to create the market‚ lack of farming skills‚ corruption in Laos‚ starting a brand from scratch‚ local market Opportunity: Market growth of coffee is huge (yearly average 90%)‚ can venture in Europe and America‚ can take over
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the firm: Instructions: Round your responses to 2 decimal places. a. The instant before it pays out current profits as dividends. $ million b. The instant after it pays out current profits as dividends. $ million (page 18) Explanation: a. The value of the firm before it pays out current dividends is: PVfirm = $1‚000‚000((1 + 0.06) / (0.06 - 0.04) = $52.75 million b. The value of the firm immediately
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Module Two: Lab Questions 1. Why was the Crippen case important? It was the first trial by media and the first to be dominated by forensic science. 2. What was Crippen accused of? Why was he accused of this crime? He was accused of killing his wife by poison and dismembering her body. There was evidence that he killed someone and she was nowhere to be found. 3. Why do you think people were so interested in Crippen’s case? He was executed and they’re not sure if he actually killed her. 4
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| Operating Environment and Competition | MARKETING MANAGEMENT - I | | | | | Submitted By: Submitted To: Mr. Khem Singh(191090) Prof. Freda J Swaminathan Mr. Anshul Kaul(191077) Fore School Of Management Mr. Anjan Chakrabarty(191072)
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A. FIRM AND ITS OBJECTIVE: Conventional theory of firm assumes profit maximization is the sole objective of business firms. But recent researches on this issue reveal that the objectives the firms pursue are more than one. Some important objectives‚ other than profit maximization are: (a) Maximization of the sales revenue (b) Maximization of firm’s growth rate (c) Maximization of Managers utility function (d) Making satisfactory rate of Profit (e) Long run Survival of the firm (f) Entry-prevention
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supply and demand Identify two microeconomics and two macroeconomics principles or concepts from the simulation. Explain why you have categorized these principles or concepts as macroeconomic or microeconomic. The microeconomic topics would be the demand and supply curve. The demand curve shows how consumers would react to prices. The supply curve shows how landlords would react to price by how much units will sell. The outside company coming in and the price cap would fall under macroeconomic
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