Text Discussion Questions and Exercises: • Chapter 15: Discussion Question 9. How do variable costs and fixed costs differ? Give an example of each. Fixed costs are costs that will be the same for the next year. In my Construction Business fixed costs are office rent‚ office utilities‚ advertising costs‚ etc. In a year‚ these costs can be known ahead of time and won’t need to change even if my company does more work. Variable costs are costs that can rise or fall depending on how much work I
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6. Durrant Manufacturers‚ Inc. spent $8 million on plant expansion‚ $1.5 million on new capital equipment‚ and $0.5 million on replacement capital in 1980. At the beginning of 1980‚ Durrant had $2.5 million of goods in its inventory; at the beginning of 1981‚ they had $1.5 million in their inventory‚ with sales during the year running $20 million. During 1980‚ their gross investment expenditures were: a. $9.0 million. c. $8.0 million. b. $9.5 million. d. $10 million. 7. Which of the following
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ECO/561PR - ECONOMICS Ius In modern society people desire goods and services that provide a more comfortable or affluent standard of living. We want bottled water‚ soft drinks‚ and fruit juices‚ not just water from the creek. We want salads‚ burgers‚ and pizzas‚ not just berries and nuts. According to MC-Connell (2008) “Economics‚ which is the social science concerned with how individuals‚ institutions‚ and society make optimal choices under conditions of scarcity.” Scarce economic resources
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This file of ECON 545 Week 7 Discussion Question 1 The Public Sector includes: What is the appropriate balance between private and public (i.e.‚ government) activity? Think of a case where the government has intervened (or it was suggested that government intervene) in a previously private market (e.g. Chrysler‚ tariffs on Japanese luxury cars‚ the airline industry‚ etc). What other examples can you think of? Using a marginal benefit/marginal cost analysis‚ support or argue against the intervention
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The products that Starbucks sell range from coffee‚ handcrafted beverages‚ merchandise‚ and fresh food. Unlike traditional stores‚ Starbucks sells their beverage items in short‚ tall‚ grande‚ venti‚ and trenta. Not all drinks are available in all sizes. For instance‚ the short is used for hot drinks‚ and the trenta is used for iced drinks. They also sever a varity of fresh items like oatmeal‚ wraps‚ fruit‚ yogurt‚ and sandwiches. If you have never tried the reduced-fat turkey and bacon sandwich
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computer‚ but with a twist. Any file you save to your Dropbox folder is also saved to all your other computers‚ phones‚ and the Dropbox website. On top of your Dropbox is a green icon that lets you know how your Dropbox is doing: Green circle and check: All the files in your Dropbox are up to date. Blue circle and arrows: Files in your Dropbox are currently being updated. Adding files to your Dropbox Step 1 Drag and drop a file into your Dropbox folder. Step 2 The blue icon means your file’s
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Check‚ Please During spring break‚ I have plenty of time to watch Bay Area local TV program Check‚ Please! It is a popular program for reviewing and describing different local restaurants. In each episode‚ they invite three guests sitting together with the host to discuss three eating establishments‚ each guest recommends one his/her favorite restaurant on the show‚ and everyone in the group is required to visit other person selection. Then‚ they start to discuss their experience. Leslie
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Business Economics 201 Chapter 23: Measuring a Nation’s Income Macroeconomics: a study of the nation’s economy as a whole with a goal of explaining the changes that affect many households‚ firms‚ and markets simultaneously GDP: measures the total income of everyone in the economy and the total expenditure on the economy’s output of goods and services income must equal expenditure every transaction has a buyer and seller Can be computed by adding up expenditure by households or total income
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computer‚ but with a twist. Any file you save to your Dropbox folder is also saved to all your other computers‚ phones‚ and the Dropbox website. On top of your Dropbox is a green icon that lets you know how your Dropbox is doing: Green circle and check: All the files in your Dropbox are up to date. Blue circle and arrows: Files in your Dropbox are currently being updated. Adding files to your Dropbox Step 1 Drag and drop a file into your Dropbox folder. Step 2 The blue icon means your file’s
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This paperwork of BIS 320 Week 4 Discussion Questions contains: DQ1: Suppose you need to terminate an employee who works in your department. Summarize security protections you must take. Would you behave differently if this termination were a friendly one? If so‚ how would you respond differently? DQ2: Suppose you lose your company laptop at an airport. What should you do? Does it matter what data is stored on your disk drive? If the computer contained sensitive or proprietary data
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