of marginal products (capital to labor) is 12. If not‚ what adjustments are called for to improve the efficiency in resource use? The ratio of prices PK/PL= r/w= 50/5=10 and The capital to labor MPK/MPL= w/r=12 These two ratios are not equal‚ the restaurant should change inputs. To make the ratios equal the restaurant should use more capital and less labor. This tells us that the capital is 12 times as productive and 10 times more costly. Question2 A competitive firm sells its product at a
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xxCorporate Governance and Ethical Responsibility Research Paper Samuel Ensah Prof; Dorothy Silben Strayer University Springfield‚ Deleware Campus Law‚ Ethics‚ & Corporate Governance (LEG‚ 500) June; 8th 2012 Introduction In this research paper I will discuss what Dr. DoRight‚ of Universal Human Care Hospital will do when he discovers that patients within the hospital have been dying as a result of a variety
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Practices: A National Survey of Fortune 1000 Firms Chris Piotrowski University of West Florida‚ USA Terry Armstrong Georgetown University‚ USA This study reports the findings of survey data on recruitment and preemployment selection methods in use by human resources departments in ‚ major companies in the USA. In addition‚ data on use of online preemployment tests‚ currently and in the near term future‚ were also collected. The analysis is based on responses from 151 firms. The findings indicate
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1. Paul Roberts draws us in to his essay‚ "How to Say Nothing in 500 Words‚" by presenting us with a relatable situation. This is an effective technique for maintaining the attention of the audience because it shows the writer knows where we are coming from. Once this connection has been established we may find it easier to believe the material that the writer presents us with. 2. Because the student doesn’t hold a strong a opinion on the essay’s subject matter he begins by leaning towards his
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Capital Structure Decisions: Which Factors Are Reliably Important? Murray Z. Frank and Vidhan K. Goyal∗ This paper examines the relative importance of many factors in the capital structure decisions of publicly traded American firms from 1950 to 2003. The most reliable factors for explaining market leverage are: median industry leverage (+ effect on leverage)‚ market-to-book assets ratio (−)‚ tangibility (+)‚ profits (−)‚ log of assets (+)‚ and expected inflation (+). In addition‚ we find
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SURVEY QUESTIONNAIRE In partial fulfillment of the requirement for the degree Bachelor of Science in Aviation Information Technology (BSAIT)‚ we are conducting research study entitled: “CATALOGING LIBRARY SYSTEM OF PHILIPPINE STATE COLLEGE OF AERONAUTICS‚ MACTAN-CAMPUS‚LAPU-LAPU CITY: BASIS FOR IMPROVEMENT OF CATALOGING SERVICES IN LIBRARY”. With this regard‚ kindly answer the question honestly. Your high consideration in honestly answering the questionnaire can help us to fulfill
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1.0 The Questions * Describe the reasons why organizations are choosing to out-source business activities. Outsourcing is the practice of transferring business activities to an external organization instead of performing the activities internally. It is a business process performed by another company. There are some benefits of outsourcing business activities. First of all‚ outsourcing business activities can help to reduce the costs. For example‚ the cost of labor force in the western
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Why Study Rizal? It is of great importance that students understand the rationale behind having to take up a Rizal course in college. For high school students‚ the Noli Me Tangere and the El Filibusterismo are injected into the Filipino subject as part of the overall curriculum. In tertiary education‚ however‚ Rizal is a subject required of any course‚ in any college or university in the Philippines. Usually‚ during the first day of the course‚ the professor asks the well-overused questions:
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credit ratings affect the capital structure of a firm Credit ratings is the assessment of the credit worthiness of a firm based on historyof borrowing and repayment. Credit rating is the credit worthiness of a debtor. The debtors ability to pay back the debt. Companies with high rating (AAA) have a good market reputation and logically would avoid not being in favor of more debt in capital structure to save them from any adverse circumstances. High credit ratings expose a firm to obtain higher external
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WANG’S FORTUNE TEA Group Case Study 2 Thomas A. Tanamas & Alexis Tyson Wang’s Fortune Tea (WTF) is a Chinese herbal tea‚ a remedy that has been around since the 1800’s but Wang’s Fortune Tea created it into a pre-packaged reading to drink functional soft drink with a sweetened flavour. They’re product is unique and there is little else like it in the international market. They have managed to create their unique brand image not only through the product itself‚ but also because of their marketing
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