quiz purposes MULTIPLE CHOICE 1. The form of economics most relevant to managerial decision-making within the firm is: a.|macroeconomics| b.|welfare economics| c.|free-enterprise economics| d.|microeconomics| e.|none of the above| 2. If one defines incremental cost as the change in total cost resulting from a decision‚ and incremental revenue as the change in total revenue resulting from a decision‚ any business decision is profitable if: a.|it increases revenue more than costs
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Form 7 - Questioning Record |Page of | |Learner Name | |Unit Number |365 | |NB - This form can be added to so that questioning used throughout the assessment for the unit is recorded | |Please accurately record
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was at least decent quality. I scored this somewhere in between the two others‚ I wasn’t just meeting expectations but I also wasn’t soaring above them either. This class was really informative for my internship that I’ll be going back to in a few weeks. First of all I actually have a resume that I can list my work experience on‚ second‚ I can write clearer and more professional emails or documentation. Hopefully by being more professional and displaying all the information I’ve learned from this
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My name is Justin James Petner I am 15‚ and I was born on October 6‚ 1997 to my parents James and Christina Petner. I was born in San Diego‚ California‚ and lived there for a very brief time because my father accepted a job‚ which relocated us to Indiana. Upon arriving in Indiana it was just a few short years later that I was attending junior kindergarten at Forest Ridge Academy in Schererville‚ Indiana. Forest Ridge Academy is a private school‚ which host classes from junior kindergarten through
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Assignment 2: Operations Decisions Eco 550 Managerial Economics The purpose of this paper is to discuss the reasons why I‚ as a hired management consultant‚ would suggest a fictitious company either shut down operations or continue them based on its operational health. In order to do this I must first describe‚ in brief‚ the basic details of the company I have created to provide some tangibility to this assignment. Then I will assess the current environmental scan factors relevant to the decision
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Reflection For the purpose of my reflection I have chosen to use Gibbs (1988) Model of Reflection. More commonly used in the healthcare profession I have chosen Gibbs because I find this model simple‚ clear and precise helping me to stay focused and make sense of my experience. Also as it includes action planning it has helped me examine my actions in a way that perhaps they can be improved. I have also chosen to reflect separately on the planning of the Team Teach and the Team Teach presentation
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Complete the Supply and Demand Simulation located on the Materials tab (Week 2) of the course. Write 700 - 1‚050-word paper of no more than summarizing the content. Address the following: • 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. • Identify at least one shift of the supply curve and one shift of the demand curve in the simulation. What causes
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This work of ECO 204 Week 1 Discussion Question 2 Marginal Utility comprises: Suppose that you observe that total utility rises as more of an item is consumed. What can you say for certain about marginal utility? Can you say for sure that it is rising or falling or that it is positive or negative? When does the law of diminishing marginal utility set in and what does this illustrate about where you should stop consuming if you were eating at an all you can eat buffet? Respond to at least
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Week Five Reflection Paper Team B will reflect on why it is important for management as well as investors and creditors to understand the current and long-term liabilities. What makes it important to disclose contingencies as well as how do operating and capital leases relate to liabilities. It is important for managers to know what the company has as current or long-term liabilities because if they are not aware of what the funds look like they cannot affectively run the company. This knowledge
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Team Weekly Reflection Resources List http://www.c-span.org/Stimulus/ I use this site to attempt to understand the economic forecast due to politics. http://money.cnn.com/ I use this site to get a great overview of the economic status of the U.S. and the world. http://www.marketwatch.com/ I use this site to see what the stock market is doing worldwide. http://www.thestreet.com/ This website gives a great overview of the economic status of the U.S.‚ it helps out with personal finance decision
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