Midterm Exam Part 1 • Question 1 0 out of 4 points The level of an economic activity should be increased to the point where the ____ is zero.Answer Selected Answer: marginal cost Correct Answer: net marginal benefit • Question 2 4 out of 4 points The primary difference(s) between the standard deviation and the coefficient of variation as measures of risk are:Answer Selected Answer: the coefficient of variation is a measure of relative
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The Hebrew civilization was one of the most influential civilizations in the west. The Hebrew bible or what the Christians call the Old Testament‚ their history has been disputed because most it has been drawn from oral and written sources. Deep rooted in their traditions with not having a centralized political power‚ they decided to go against the grain and decided that having a king would give them stronger leadership. Their first king was Saul‚ after twenty years David was named king. During his
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lives. It has played very important role in all aspect of life and one of them is civilization. Technology is one of the driving forces behind civilization. It was technology that help to advance agricultural and grow houses. People were living in caves and using animals skins to protect themselves from weather. There was no proper irrigation system and agricultural was not developed. The earliest civilization did not arise in fertile rain watered lands in the temperature zone. Instead ‚they
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Midterm Review Name: ______________________________ Date: ___________ Circle Period R1 R2 R3 S1 S2 S3 Chapter 1 – About Science Vocabulary: Define each term. Fact: Hypothesis: Law: Theory: Check Concepts: 1. Why is physics the most basic science? 2. Why is mathematics important to science? 3. Is a scientific fact something that is absolute and unchanging? Defend your answer. Chapter 2 – Mechanical Equilibrium Vocabulary: Define each term. Force: Net Force: Vector:
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The Mayan civilization was located in what is now known as Guatemala‚ Belize‚ Honduras‚ El Salvador and also in the area of the five southern states of Mexico‚ including Campeche‚ Chiapas‚ Quintana Roo‚ Tabasco‚ and Yucatan. The civilization was originally founded during the pre-classic period (about 2‚000 BC to 250 AD). According to the chronology of Central America‚ many of the Mayan cities reached their highest level of sophistication through the classic period (approx. 250 BC to 900 AD)‚ and
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Concept of Civilization What is civilization? Civilization is a term we have frequently used as a milestone for our existence on earth. However‚ all of us have our own views and definitions on the term “civilization”. In most modern researches of civilization‚ it is common for the researchers to gravitate to tangible and measurable data such as technological advances‚ economic status‚ as well as quality of life in order to determine the “progress” of a civilization. Yet‚ a famed Egyptologist
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ACCT112 Midterm Assignment – Week 9 Due at the end of week 9. There are 70 marks. This assignment is worth 20 % of the total grade. True or False: (15 Marks) 1. In spite of its weaknesses‚ the cost principle is most often used because it is the most reliable basis of valuation. TRUE 2. The going concern assumption assumes the company will continue to operate for at least two years. TRUE 3. The economic entity assumption states that economic events can be identified with a
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The Contradiction of Civilization In Civilization and its Discontents‚ Sigmund Freud provides meaning to human nature and our unhappiness. He proposes that mankind is in constant struggle with instinctive violent and sexual behaviors. Civilization has created boundaries to regulate our behavior. Freud believes that these boundaries repress our natural instincts and ultimately lead to unhappiness. Civilization is created to protect mankind and establish a functional society‚ but it is in our
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Midterm Essay Armando Murillo Excelsior College Briefly identify and explain the key differences and similarities regarding the UCR‚ NIBRS‚ and NCVS programs. The Uniformed Crime Reporting (UCR) Program displays crime data for the United States‚ as well as for states‚ cities‚ counties and colleges. This allows for a comparison among neighboring jurisdictions and among those with similar populations and other common characteristics. The National Crime Victimization Survey (NCVS) collects
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Midterm Exam Econ 601-002 Fall 2012 Total points: 100. Please answer all of the following questions. There are 4 multiple choice questions‚ each is worth 5 points. Consider the following diagram where a perfectly competitive firm faces a price of $40. Figure 1 1) Refer to Figure 1. The profit-maximizing output is A) 30. B) 54. C) 60. D) 67. E) 79. 2) Refer to Figure 1. At 67 units of output‚ profit is A) maximized and zero. B) maximized and negative. C) maximized and positive. D) not maximized
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