Tutorial (Week 4) Question 1 Price Qty Demanded (Income = RM4‚000) Qty Demanded (Income= RM5‚000) 5 20 25 8 16 22 11 12 19 14 8 16 17 4 13 a. Use the midpoint method to calculate your price elasticity of demand as the price of T-shirt increases from RM5 to RM8 if (i) Your income RM4‚000 (ii) Your income RM5‚000 b. Calculate your income elasticity of demand as your income rises from RM4‚000 to RM5‚000 if (i) The price is RM14 (ii) The price is RM17 Question 2 Consider public policy aimed at smoking
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TUTORIAL WORKING CAPITAL MANGAMENT CHAPTER 14 & 15 1. Explain what is meant by the statement “The use long term debt as opposed to current liabilities subjects to the firm to a lower risk of illiquidity.” 2. Why does an increase in the ratio of current to total assets decrease both profits and risk as measured by net working capital? How do changes in the ratio of current liabilities to total assets affect profitability and risk? 3. What is the difference between the firm’s operating cycle and
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SCHOOL OF FINANCE AND APPLIED STATISTICS FINANCIAL MATHEMATICS (STAT 2032 / STAT 6046) TUTORIAL SOLUTIONS WEEK 8 Question 1 This question refers to two projects relating to a small software company that has asked to set up a new computer system for a major client. : Project A Project A delegates all the development work to outside companies. The estimated cashflows for Project A are (where brackets indicate expenditure): Beginning of year 1 Beginning of year 2 Beginning of year 3 End
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ENGR 210 - Statics Tutorial 1 Your Name: Partner’s Names: Section:_____________ _______________________ _________________ _________________ _________________ _________________ _________________ _________________ VECTORS This assignment will introduce the use of the Cartesian Coordinate System‚ vector notation‚ and properties of vectors to find corresponding unit vectors and resultant forces. The dot product will also be introduced. Each group will choose the origin of a coordinate system in
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Mathematics Department Tutorial Sheet No. 3 MAL250(Probability and Stochastic Processes) 1. The percentage of alcohol (100X ) in a certain compound may be considered as a random variable‚ where X (0 < X < 1) has pdf fX (x) = 20x3 (1 − x)‚ 0 < x < 1. Suppose that the selling price of the above compound depends on the alcohol contents. Specifically‚ if 1/3 < X < 2/3‚ the compound sells for c1 dollars/gallon otherwise it sells for c2 dollars/gallon. If the cost is c3 dollars/gallon‚ find the probability
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................................................................................................ 10 II. Developers ........................................................................................................................... 11 4. Tutorials ...................................................................................................................... 13 Setting up the Development Environment ...................................................................... 13 Introduction
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Tutorial 8 (topic 7) Preparing A Proper Ethical And Legal Foundation Q1. In general‚ do entrepreneurs tend to overestimate or underestimate their knowledge of the laws that pertain to starting a new firm? What does answer to this question suggest that entrepreneurs do before they start a firm? In general‚ entrepreneurs tend to overestimate their knowledge of the laws that pertain to starting a new firm. Before entrepreneurs start a firm‚ they should seek for lawyer to get some legal advice‚ get
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FINANCE: TUTORIAL 2 (Suggested Solutions) 1. Liquidity measures how quickly and easily an asset can be converted to cash without significant loss in value. It’s desirable for firms to have high liquidity so that they can more safely meet short-term creditor demands. However‚ liquidity also has an opportunity cost. Firms generally reap higher returns by investing in illiquid‚ productive assets. It’s up to the firm’s financial management staff to find a reasonable compromise between these opposing
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|ECON1220 |Principles of Macroeconomics |2012-2013 | |Sections 001-004 |Tutorial Exercise 5 |2nd semester | Short-Answer Questions 1. Suppose you deposit $1‚000 at your bank‚ and the required reserve ratio (r) is 10%. Furthermore‚ assume that banks do not hold any excess reserves‚ and that the public do not hold any cash. Explain the money creation
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Flash Tutorial 1 1. The toolbar 2. Open flash 3. Choose FILE NEW ActionScript 2.0 (To create a new movie) 4. Locate the tool bar on the right hand side(can be placed anywhere) Experiment with the many different drawing tools there. Have a go at making all different shapes. Use different colors. Try things. Have a go at drawing a yellow goldfish in blue water. (Something like this great picture I have drawn below
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