SUBJECT: MICROECONOMICS (ECO 162) ASSIGNMENT 2 QUESTION 1 ACCORDING TO THEORY OF DISTRIBUTION‚ EXPLAIN HOW DOES WAGE IS DETERMINED? Certainly the market demand and supply of these factors. In other words‚ wages‚ rent‚ interest and profit are determined by the supply and demand of the respective factor or resource. This is explained by the concept of marginal product (MP) or marginal physical product (MPP). For example: labor and wages. In this case MP and MPP refer to additional
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ctLIST OF CONTENTS Chapter No | Title | Page Number | | Executive Summary | | 1 | Organizational Study | | 2 | Research methodology | | 3 | Review of Literature | | 4 | Data Analysis and Interpretation | | 5 | Findings and Suggestions | | 6 | Conclusion | | | Bibliography | | | Annexure | | LIST OF TABLES Table No: | TITLE | Page no: | 4.1 | Table showing gender of customers | | 4.2 | Table showing income level of customers | | 4.3 | Table showing
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experience that after demonstration‚ the probability of purchase (long run average) is 0.30. To perform satisfactory on the job‚ the salesperson needs at least four orders this week. If she performs 15 demonstrations this week‚ what is the probability of her being satisfactory? What is the probability of between 4 and 8 (inclusive) orders? Solution p=0.30 q=0.70 n=15 k=4 [pic] Using Megastat we get | | |15 | | |0.3 | P
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P(<$20) = d) Find the probability that the amount is <$20 or the method of payment is credit Answer: P(<$20 OR credit) = e) Given that the method of payment is credit‚ what is the probability that the amount is <$20 Answer: P(<$20/credit) = (Question 2) John and Jane are married. The probability that John watches a certain television show is .4. The probability that Jane watches the show
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to their needs. Showrooms are being brought under a common umbrella brand and now‚ a new facility may well become a manufacturing hub for Samsung worldwide. Not that Lee views his "strategy revitalisation" effort as an attempt to change things. "What we adopted in 2007 was not really a change in strategy but an evolution of our strategy‚" he insists. Surely not? Over the past decade‚ Samsung has clung to its premium positioning‚ with products that emphasised design‚ aesthetics and cutting-edge
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Current Position Jones Electrical Distribution (hereinafter Jones Electric) is currently facing an issue with cash flows‚ which will ultimately affect the overall profitability and growth potential for the company. The owner‚ Nelson Jones‚ is diligent in paying his suppliers within ten days in order to capitalize on a two percent early pay discount‚ but in doing so‚ has over-extended cash flows. Though the company has been profitable and growing over the past three years‚ its current lender‚ Metropolitan
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GEMA 5400 | Brunswick Distribution Inc | Case Analysis | | | | Table of Contents Introduction ………………………………………………………………..1 Executive Summary ……………………………………………………2 Application and Analysis ……………………………………………..3 Literature Review………………………………………………………….4 Conclusion……………………………………………………………………..5 Bibliography…………………………………………………………………..6 Appendix…………………………………………………………………………7 INTRODUCTION Brunswick Distribution started as a small distribution company 10 years ago when
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What makes a good critical review? Guidelines Gengatharan Das 2013 AIMST 1 Two questions What is this text saying? (summary) What do I think about what it’s saying ? (evaluation) Gengatharan Das 2013 A IMST 2 State the bibliographical information Eg. B.Ballard and J.Clanchy (1985). Study abroad: A manual for Asian students (Chapter 2: ‘Cultural variation in style of thinking’). Longman: Malaysia Gengatharan Das 2013 A IMST 3 Introduction Introduce the broad issue the text is addressing
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Tax Incidence Statutory Incidence of a tax Mengindikasikan siapakah yang secara legal bertanggung jawab (menanggung) pajak (misal: penjual atau pembeli?) Economic Incidence of a tax Perubahan dalam distribusi pendapatan riil pribadi yang dipengaruhi pajak Pajak progressive dapat dihitung dengan berbagai cara. Proportional‚ progressive dan regressive. Average tax rate‚ ratio dari pajak yang dibayarkan terhadap pendapatan. jika Average tax rate naik dari pendapatan‚ systemnya adalah
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Condom Availability in College Due to the escalating spread of sexually transmitted diseases throughout the country‚ the College Administration at County College has decided to install condom dispensers in all campus restrooms in an attempt to prevent and decrease the transmission of STD’s. HIV/AIDS is the specific deadly disease that the college is mostly concerned about. Although this decision has caused a great deal of controversy among the county college community‚ the installation of condom
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