07. Computer Applications in Business (Lab) The Objective of the course is to provide hands on experience to students in using computers for data organization and addressing business needs. There is also stress on use of statistical package for analysis of business data and its proper interpretation using SPSS. The exposure to PROWESS developed by Centre for Monitoring Indian Economy is with a view to make students aware of data bases of Indian Companies and enables them to work on mini projects
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Are short-answer questions better than multiple-choice questions for assessing the understanding of English language learners? Assessment is an essential and vital source of information about students ’ language-learning needs (Gibbons‚ 2002). Assessments are a good way for teachers to get an idea of what their students already know and good at and to assess and evaluate which areas of language needs reinforcement. Teachers through day-to-day teaching and learning activities can assess their
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1A) What is the definition of opportunity cost? The best alternative that we forgo‚ or give up‚ when we make a choice or a decision is called the opportunity cost of that decision. 1B) Eason wants to spend $15 to buy a pack of sandwiches or a bowl of fish-ball noodles form a street hawker. Explain the effect on Eason’s opportunity cost of buying the sandwiches if a cockroach is found inside the noodle soup. Eason’s opportunity cost of buying the sandwiches is a bowl of fish-ball noodles‚ however
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Week 2 9. Which of the following is not a valid SELECT statement? a. SELECT cost-retail FROM books; b. SELECT retail+cost FROM books; c. SELECT retail * retail * retail FROM books; d. SELECT retail^3 from books; Week 3 3. Which of the following SQL statements is valid? a. SELECT order# FROM orders WHERE shipdate = NULL; b. SELECT order# FROM orders WHERE shipdate = ’NULL’; c. SELECT order# FROM orders WHERE shipdate = "NULL"; d. None of the statements are valid. 9. Which of the following
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CXC SOCIAL STUDIES QUESTIONS MULTIPLE CHOICE The main reason for the origin of the Caribbean Community is: a) The need for economic cooperation b) The formation of Carifta c) The existence of one type of people d) The maintenance of the University of the West Indies. The first Heads of Government Conference was held in: a) August‚ 1962 b) May‚ 1961 c) July‚ 1963 d) July‚ 1974. The four countries that attended the first Heads of Government Conference were: a) Jamaica‚ Guyana‚ Grenada and
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the examiners about the student’s knowledge and ability. © IMM Graduate School of Marketing Good Answer Booklet MAC/ECO101 Page 3 of 22 MACROECONOMICS (MAC) ECONOMICS 1 (ECO101) 24 OCTOBER 2012 SECTION A (40 MARKS) COMPULSORY QUESTION 1 (MULTIPLE CHOICE) [/40] SECTION B (60 MARKS) ANSWER ANY THREE (3) QUESTIONS QUESTION 2 [20/20] 2.1 According to the Keynesian view of money‚ there are three reasons why people hold money. Briefly describe the three (3) motives for holding money and
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NMIMS Global Access School for Continuing Education (NGA-SCE) Course: Business Economics SEM – I 1. Calculate Elasticity in the following cases: a) Assume that a business firm sells a product at the price of Rs 500. The firm has decided to reduce the price of the product to Rs 400. Consequently‚ the demand for the product is raised from 20‚000 units to 25‚000 units. Calculate the price elasticity of demand. ANSWER A: PRICE ELASTICITY OF DEMAND: MEANING: Price elasticity of demand
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Basic Economic Questions The basis of all economic decisions is scarcity. The wants and needs of people are unlimited and the resources available to a society are limited. The basic questions that each society must make revolve around the allocation of scarce resources. * What goods and services to produce? * How to produce them? * For whom to product them? These essential questions must be answered in every economy to determine the fundamental goals of the society. How each society handles
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$500‚000 x 14% = $70‚000 Explicit Costs: What is paid for products/services = $80‚000 Total Economic Costs: Implicit Costs + Explicit Costs = $70‚000 + $80‚000 = $150‚000 b) Economic Profit: Total Revenues – Total Economic Cost = $175‚000 - $150‚000 = $25‚000 c) Accounting Profit: Total Revenues – Explicit Costs = $175‚000 - $80‚000 = $95‚000 d) New Implicit Costs = $500‚000 x 20% = $100‚000 Economic Profit: $175‚000 – ($100‚000 + $80‚000) = $ (5‚000) Chapter Two Technical Problem 1 Qd
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Application of linear functions in Economics (or) Application of straight lines in Economics The linear function is one in which ‘y’ is the first degree expression in ‘x’‚ i.e.‚ y = ax + b. The graph of this function is a straight line. The co-efficient of x represents the slope of the line. If a > 0‚ then the lines are upward sloping‚ and if a < 0‚ then the lines are downward sloping Let us explain certain linear equations used in Economics and business. 1. Linear cost curves
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