Managerial Economics HW #4 (Chapter 5) 1.A firm can manufacture a product according to the production function Q F(K‚ L) K3/4L1/4 a. Calculate the average product of labor‚ APL‚ when the level of capital is fixed at 16 units and the firm uses 16 units of labor. How does the average product of labor change when the firm uses 81 units of labor? Saat (Capital) K = 16 (Labour) L = 16 Q = (16)0‚75(16)0‚25 Q = (8)(2) = 16 APL =Q/L =16/16=1. Saat K= 16 Q= 81 Q = (16)0‚75(81)0‚25 Q = (8)(3)
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respect them. Why is respect important?: Regard is essential since it demonstrates that one values another
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Social Psychology of Embezzlement.” Non-shareable is a issue of concern which the individual directed affected believe that he cannot share with another person due to shame or guilt. Describe at least four proactive audit tests that could help detect a shell company scheme. • Maintain and regularly update an approved vendor list • Independently verify all vendors before payment • Identifying shell company invoices – Lack of detail on the fraudulent invoice
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Define liberty and equality. Liberty is freedom‚ guaranteed human rights‚ no censorship‚ and political sovereignty. Equality is extension of rights to everybody (white men). 3) Discuss the financial crisis in France on the eve of the Revolution. Why was the problem so grave in a country that had considerable wealth? France was in debt from the Seven Years’ War ad American Revolution. They also had an inefficient tax system. 4) What was the Tennis Court Oath? The Tennis court oath was on
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Why sharks are important…. Sharks play a very important role in the ecosystem. Sharks being at the top of the food chain‚ dealing with marine life‚ keep the ecosystem on track. Some of those reasons are that they keep the food webs in balance‚ Tourism‚ and without them there would be a lost in food source for humans. To begin with sharks are essential to the different ways of living because they keep the food web in balance. Sharks will eat old or sick in a population which keeps that population
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BPH – Tut # 2 Fluid Mechanics – University of Technology‚ Sydney – Engineering & IT Tutorial # 2 – Questions and Solutions Q.1 For the situation shown‚ calculate the water level d inside the inverted container‚ given the manometer reading h = 0.7 m‚ and depth L = 12 m. Q.2 (from Street‚ Watters‚ and Vennard) The weight density γ = ρg of water in the ocean may be calculated from the empirical relation γ = γo + K(h1/2)‚ in which h is the depth below the ocean surface‚ K a constant‚ and
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Questions for Critical Thinking 2: SOLUTIONS Salvatore’s Chapter 4: a. Discussion Questions: 8 and 11. 8. {5 points] If the price increases by 10 percent‚ by how much does the quantity of household ( a) natural gas and ( b) electricity change in the short run and in the long run? ( Hint: Use the price- elasticity values in Table 4- 3.) In general‚ . Using the numbers we have Short-run Long-run Gas Electricity 11. [5 points] Suppose that the cross- price elasticity of demand between
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1.1 Task 2 It is important to promote the rights of all pupils to participate and have equal access to promote value‚ equality and rights for every child. The human rights act 1998 states every person has the right not to be discriminated against in respect of these rights
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1. Give two(2) definitions of Health and critique them. (10 mark) 1)Health is a broad concept which can embody a huge range of meanings. The word “health” is derived from the old English word for heal (hael) which means “whole” showing that health concerns the whole person and his or her integrity‚ soundness. Health is holistic and include different dimensions‚ holistic health means taking account of the separate influences and interaction of these dimensions. THe different dimensions physical
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Crystal Pan AP US History Demeck 7 February 25‚ 2015 Chapter 22 Essential Questions The 1920s were a period of tension between new and changing attitudes on the one hand and traditional values and nostalgia on the other. What led to the tension between old and new AND in what ways was the tension manifested? Tension rose between groups with new and old values primarily due to new technological‚ social‚ and political developments such as: development of assembly line and higher wages gave workers
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