000($970‚000-$177‚000). The total implicit cost is $190‚000($175‚000+.15X$100‚000). The total economic costs is $983‚000($793‚000+$190‚000). b. The accounting profit in 2010 is $177‚000($970‚000-$793‚000) c. The economic profit in 2010 is $-13‚000($970‚000-$793‚000-$190‚000). d. The owner should not leave his job because the economic profit is negative‚ which means he will earn less if he does his own business. 2. a. The type of agency problem that is involved here is principal-agent problem. Marriott
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Junyu Yang‚ Period 3 Robinson Question: Analyze major changes and continuities in American attitudes towards land expansion in the period 1800-1848. Document 1 Source: “Polk’s Dream”‚ Edward Williams Clay‚ 1846 Document 2 Source: Letter from Thomas Jefferson to Robert Livingston‚ October 2‚ 1801 To Robert R. Livingston‚ Greeting: -‚ Reposing especial trust and confidence in your integrity‚ prudence and ability‚ I have nominated and by and with the advice and consent of the Senate‚ do appoint you
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relationship‚ usually between states and often in the form of an empire‚ based on domination and subordination.” (Johnston 375) By the 1890s‚ many Americans leaders started to have new attitude towards imperialistic adventures abroad. There were numerous reasons for the U.S. to turn to Imperialism at the end of the 19th century‚ mainly the economic‚ political‚ strategic‚ and humanitarian motives. Various industrialists as well as investors including bankers and the new wealthy class feared that the
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to a Community college instead of a Four year University. Most people have financial problems‚ did not get the best grades or simply do not want to waste money chasing after a career they are not sure about. This is why Community College exists‚ so you can experiment‚ and get new chances to explore school without having to pay a whole lot of money. First‚ more students should go to community college instead of four year universities for their first 2 years of college‚ since community colleges are
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History Essay- Select one year from the period 1900-97: Analyze why that year became a turning point in the political and administrative development in Hong Kong. 1984 was definitely a turning point in Hong Kong’s political and administrative development. 1984 was the year when the Sino-British Joint Declaration on the Question of Hong Kong was signed between the Chinese and British governments. Before then‚ the speed of the political modernization
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3 to 4 years Around this stage a child will be very aware of what they are thinking‚ for example if they are happy‚ upset or angry and will clearly be able to demonstrate and show this. The child will be able to count if prompted and begin to have basic conversations as well as start to remember nursery rhymes. During this stage a child will begin to explore patterns in speech as well as enjoy hearing sounds which are similar sounding. 4 to 5 years At 4 to 5 years a child will be able to understand
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Address the reasons of success behind Sparta’s reign. When speaking of Ancient Greek warriors for many the ideal and mental illustration of red cloaks‚ long hair‚ longer spears and bronze helmets sparks to mind. Based through the entertainment factors of Hollywood and archaeology many individuals know the brilliance of the warrior society of no other than Sparta. (2nd SLIDE TURN) We can see here the representation of the stereotypical ideal of a Spartan. But what grants this nation this profound
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Netflix‚ Inc. (NFLX) Good Long-Term Investment Despite High Valuation Rating: BUY RESEARCH REPORT: PUBLISHED APRIL 23‚ 2014 If there is anything that is universal across the world‚ it is certainly people’s love of media content – specifically movies and television. In fact‚ last year global movie ticket sales set a new record rising to $35.9 billion. Considering nearly 70% of that total came from international markets outside the US‚ it is safe to say that we are not the only ones
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Profit vs. Not-for-Profit Organization A nonprofit organization is formed for the common good of the public. Nonprofit organizations are usually formed for some specific religious‚ charitable or educational purpose. A for-profit organization may be formed to conduct any number of lawful business activities. The primary reason to form a for-profit organization is to earn a profit for the owners of the company. Use of Profits Since a not-for-profit organization is formed to accomplish a specific
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Nonprofit versus For-Profit Healthcare and Organizations Abstract This paper explores articles and research conducted on nonprofit versus For-Profit Healthcare and Organizations. There are three types of entities that own hospitals‚ which are: nonprofit‚ for-profit‚ and government. However‚ it can’t be determined if they specialize in different medical services or how their service profits affect certain specializations. More than likely‚ the for-profits offer profitable medical services that
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