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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The same cannot be said for How Many Miles to Babylon‚ which ends in a pessimistic and gloomy scene. Alec Moore is awaiting execution‚ as the novel comes full circle. He is given “a pen and paper” because he is an “officer and a gentleman”. He has nothing to do but wait. Alec refused to kill Jerry by firing squad‚ so in a sense‚ he asserted his own humanity in the face of war. However‚ this noble act is detrimental‚ as this act of compassion tragically costs him his life.Johnston’s outlook is in
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Maximizing Profits in Market Structures Paper XECO/212 University of Phoenix The structure of a market is defined by the number of firms in the market‚ the existence or otherwise of barriers to entry of new firms‚ and the interdependence among firms in determining pricing and output to maximize profits. This paper covers the following: the advantages and limitation of supply and demand‚ the characteristics of each market structure‚ the barriers to entry and how organizations
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answering challenge questions answering challenge questions [SECTION TITLE] 1 2 contents Practical exPerience requirements (Per) challenge questions samPle answers 01 03 04 05 08 10 13 15 17 19 Demonstrate the application of professional ethics‚ values and judgement Raise awareness of non-financial risk Manage self Communicate effectively Improve departmental performance Prepare financial statements for external purposes Contribute to budget planning and production Evaluate potential
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weaker ones are self-stem and decision making. I feel like time management and interpersonal assentation are my strongest areas because I am the kind of person that uses time correctly‚ like if I’m doing homework but I have a project to do for the next day then I will not be messing around playing I will be concentrated doing what I have to do‚ and my ability to work well with others‚ having a good attitude with others‚ or even listening to others is one of my best abilities. The reason that self-stem
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The musical production Rent is Jonathan Larson’s adaptation of Puccini’s ‘La Boehme’‚ and was set in New York in the early 1980s (Encyclopedia of World Biography‚ n.d.). The musical has a variety of characters: straight‚ gay‚ lesbian‚ cross-dressing‚ and bisexual. Many of the cast’s characters have HIV/AIDS. Larson personally identified with the musical‚ as he too had several friends that had HIV/AIDS who had then later passed away from the disease (Encyclopedia of World Biography‚ n.d.). HIV/AIDS
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How Apple changed the way entertainment is sold and consumed Abstract This paper will examine how Apple’s concept of cheap online content influenced the growing trend of online digital distribution of entertainment and other media. It will attempt to asses the impact on consumers and businesses as the traditional methods entertainment retail are giving way to the new online distribution model. Introduction : In 2003‚ Apple introduced the iTunes store‚ a digital store from where customers
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1.1 Briefly summarise the HRPM My report is aimed at illustrating my comprehension the knowledge and skills required to become an effective Human Resources practitioner. The CIPD professional map openly displays how HR can enhance and add continuous value to individual organisations now and in forecasting the future. It is clear in its objective to set out the highest standard of competence in all sectors from generalists to specialisms not forgetting administrators and the hierarchy with organisations
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"The happiest days of your life" by Penelope Lively. This is an analysis of the short story "The happiest days of your life". The short story is written by Penelope Lively‚ who was sent away from her home to a boarding school in the rainy England. The short story is with an omniscient narrator‚ and takes place in the southern England - or more preciously in a area called Sussex. The story stretches over a day while a boy named Charles and his parents is going to visit an boarding school. The Sussex
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Both not for profit and for profit companies have many similarity and differences. A lot of companies start with the intent of making a profit. These companies also pay taxes and are called profit or for profit companies (Rodwell‚ & Teo‚ 2013). Other companies‚ while they can make a profit begin with the intent of helping others. These companies are not for profit or non-profit organizations. Nonprofit organizations are not allowed to make a profit‚ and do not pay taxes‚ but they might generate
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