Antonio Navarro NETW310‚ Christine Adams 03/28/2015 Lab #4‚ Installation in the Outside Plant Section I: Use a reference such as the IRWA (www.irwaonline.org) to answer the question below. Cite your reference. (citation is worth 2 points) 1. What is a right-of-way? (4 points) Full Definition of RIGHT-OF-WAY 1 : a legal right of passage over another person’s ground 2 a : the area over which a right-of-way exists b : the strip of land over which is built a public road c : the land occupied
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Price discrimination Price discrimination is the practice of selling the same product at different prices to different customers‚ when there is no difference in the cost to produce the product. Price discrimination is done to maximize profits. This occurs when market prices are set differently to different buyers‚ according to the willingness of each buyer to pay (demand curve) rather than setting a uniform price. It can be seen in the image below how if the seller kept the uniform price of Africa’s
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10 3 30 50 minutes Very short answer questions 10 1 10 15 minutes 2. Weightage by content Unit No Unit Sub-Units Marks 1 Introduction 4 2 Consumer Equilibrium and Demand 18 3 Producer Behaviour and Supply 18 4 Forms of Market and Price determination 10 6 National income and related aggregates 15 7 Money and Banking 8 8 Determination of Income and employment 12 9 Government Budget and the economy 8 10 Balance of Payment 7 Total 100 3. Difficulty level of the question
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Accounting - Case Study 2 Landau Company Problem 1 Input Data Provided - Sales increased in July - Production decreased in July below standard because of employee vacations - As a result of vacations overhead costs have been under absorbed in July - Large unfavorable volume variance had been generated to offset gross margin Explanation Required On the Income Statements under Full costing and Variable costing some line items indicate differences. LANDAU COMPANY Income Statements June and July
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Should mothers work outside the home? Today‚ mothers are working outside the home even though they’ve just given birth to their children. However‚ there are a lot of concerned things that must be considered but the most important things to consider are the lack of caring the children and the economic reasons. The first concerned thing for the working mothers is how to raise their children while they are working. Some mothers want to play the full role of mothers by quitting their jobs and looking
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Why does oil prices rise and fall? Of all industries in the world‚ oil industry is indeed an international business which affects most countries in the world. As the oil is the most consumed energy‚ it plays a vital role in daily lives as well as economy and social development. Also‚ the oil industry leads to new technology development both directly and indirectly. It has been deployed as a means for economy and political negotiation. Nevertheless‚ “crude oil” when refined into various petroleum
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1. Name two types of market failure. Explain why each may cause market outcomes to be inefficient. Market Power- In some markets‚ a single buyer or seller may be able to control the market prices. Market Power can cause inefficiency because it keeps the price and quantity away from the equilibrium of supply and demand. Externalities- The impact of one person’s actions on the well-being of a bystander. Since buyers and sellers do not consider these side effects when deciding how much to consume
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compared with other brands b) Identify TWO possible causes (underlying problems) for the symptom. (4 marks) The differences in price of honey “Bees Knees” and other brands Lack of promotions for “Bees Knees” honey compare with other brands c) Write a Management Decision Problem based on ONE of the causes you identified in part b). (2 marks) Should the prices be reduced d) One strategy to investigating the issue of poor sales is to gather information from the customers. When gathering
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Cost and Price Analysis Instructor: Name: Class: Finance 230 Date: Period: Results: 1) Why is it important for the government to exercise good fiscal judgment when spending funds? Government employees are held responsible for use of good judgment so those excessive prices are not paid. 2) List and describe four types of market based pricing. Be sure to provide at least one (1) example of each type. Competitive Offers – response to solicitation encouraging competing offers Established
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BUDGETARY CONTROL METHODS a) Budget: Budget is the process of stating quantitavely‚ set aside for carrying out specific activities in a given period of time. It helps to co-ordinate the activities of the organisation. Budgets are prepared for the whole company and for sub units. Tapal Pvt. Limited designs budget for each department in the organization and each department head is required to give their respective budget to the Cost and Budgeting Department. b) Budgetary control: A control
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